$99,900

380 Elder Rd Memphis, TN 38109

Westwood Neighborhood

Estimated payment $594/month

Total Views 288
3 Beds
1 Bath
804 Sq Ft
$124 Price per Sq Ft

Highlights

  • Traditional Architecture
  • Eat-In Kitchen
  • Central Heating and Cooling System
  • Separate Formal Living Room
  • Luxury Vinyl Tile Flooring
  • Remodeled Bathroom

About This Home

Investor-friendly opportunity with immediate rental income! This recently renovated 3-bedroom, 1-bath home is tenant occupied with a lease in place from 7/1/2026 through 7/1/2028, offering stability from day one. Updated and income-producing, this property is a great addition to any rental portfolio. Ideal for investors seeking a turnkey, cash-flowing asset with a long-term tenant already secured.

Listing Agent

Trevor Wallace

Crye-Leike, Inc., REALTORS License #384408 Listed on: 08/25/2026

Crye-Leike, Inc., REALTORS

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1955

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Dimensions are 48x150

Home Design

  • Traditional Architecture

Interior Spaces

  • 804 Sq Ft Home
  • 1-Story Property
  • Separate Formal Living Room
  • Luxury Vinyl Tile Flooring
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Remodeled Bathroom
  • 1 Full Bathroom

Utilities

  • Central Heating and Cooling System

Community Details

  • J E Walker Homes Subdivision

Listing and Financial Details

  • Assessor Parcel Number 075087 00023

Home Details

Home Type

Single Family

Year Built

Built in 1955

Lot Details

8,276 Sq Ft Lot

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: J E WALKER HOMES
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 804
  • Year Built: 1955
  • 55Community: N
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down, 1 or More BR Down, Primary Down, Renovated Bathroom
  • Bedrooms: 3
  • Floors/Ceilings: Vinyl/Luxury Vinyl Floor
  • Full Bathrooms: 1
  • Living Dining Kitchen: Separate Living Room, Eat-In Kitchen

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Lot Number: 15
  • Acreage: 0.19
  • Lot Size: 48X150
  • Geo Subdivision: TN

Tax Info

  • Assessor Parcel Number: 075087 00023

Map

Range of Values:

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Value Increase
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $362 $13,450 $1,875 $11,575
2024 -- $5,725 $1,350 $4,375
2023 $349 $5,725 $1,350 $4,375
2022 $349 $5,725 $1,350 $4,375
2021 $353 $5,725 $1,350 $4,375
2020 $431 $5,950 $1,350 $4,600
2019 $190 $5,950 $1,350 $4,600
2018 $190 $5,950 $1,350 $4,600
2017 $195 $5,950 $1,350 $4,600
2016 $275 $6,300 $0 $0
2014 $275 $6,300 $0 $0
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/25/2026 08/25/26 For Sale $99,900 -- $124 / Sq Ft
Source: Memphis Area Association of REALTORS®

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Quit Claim Deed -- Saddle Creek Title
Warranty Deed $85,500 Saddle Creek Title
Quit Claim Deed -- None Listed On Document
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Trustee Deed $26,341 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Previous Owner $40,000 Construction
Source: Public Records

Source: Memphis Area Association of REALTORS®

MLS Number: 10229259

Memphis Area Association of REALTORS®

APN: 07-5087-0-0023

Tennessee Shelby County Memphis 38109 Westwood

380 Elder Rd, Memphis, TN

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Listing Information presented by local MLS brokerage: Ten-X, LLC dba Homes.com, local broker - Arlene Richardson - 888-952-6393 - 17600 Laguna Canyon Rd, Irvine, CA 92618.

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Listing Agent
Trevor Wallace
Section Image
Crye-Leike, Inc., REALTORS
(901) 439-2960
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