4064 Reed Ave Memphis, TN 38108
Douglass NeighborhoodEstimated payment $723/month
Highlights
- Traditional Architecture
- Outdoor Storage
- Level Lot
- Some Wood Windows
- Central Heating and Cooling System
- 1-Story Property
About This Home
ATTENTION INVESTORS!! 4064 Reed Ave is a fully renovated 2BR/1BA, 825 SF turnkey rental offering strong, stable cash flow and low-maintenance ownership. Currently leased at $975/month through 2/11/2028 with a 5.27% cash-on-cash return. Major improvements include a NEW 30-year architectural roof, NEW 2.5-ton Carrier HVAC system, and a FULL interior renovation featuring fresh paint, trim, lighting, doors, and fixtures. The kitchen has been completely updated with new cabinets, countertops, sink, and faucet, along with new LVP flooring. The bathroom has been fully remodeled with a new tub, tile, vanity, toilet, and fixtures. Additional upgrades include a new water heater, smart locks, updated electrical/lighting, and exterior improvements including paint, siding repairs, fencing, driveway, and landscaping. DO NOT APPROACH OR DISTURB TENANTS, NO SHOWINGS WITHOUT AN ACCEPTED OFFER. No wholesalers, assignments, or creative financing! Owner/Agent
Home Details
Home Type
- Single Family
Year Built
- Built in 1951
Lot Details
- 6,098 Sq Ft Lot
- Lot Dimensions are 50x125
- Level Lot
Home Design
- Traditional Architecture
Interior Spaces
- 800-999 Sq Ft Home
- 825 Sq Ft Home
- 1-Story Property
- Some Wood Windows
- Aluminum Window Frames
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- 1 Full Bathroom
Parking
- 1 Parking Space
- Driveway
Additional Features
- Outdoor Storage
- Central Heating and Cooling System
Community Details
- Kee C M A,B&C Subdivision
Listing and Financial Details
- Assessor Parcel Number 053044 00021
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| 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 | $357 | $17,450 | $3,575 | $13,875 |
| 2024 | $357 | $10,525 | $1,350 | $9,175 |
| 2023 | $641 | $10,525 | $1,350 | $9,175 |
| 2022 | $641 | $10,525 | $1,350 | $9,175 |
| 2021 | $649 | $10,525 | $1,350 | $9,175 |
| 2020 | $569 | $7,850 | $1,350 | $6,500 |
| 2019 | $569 | $7,850 | $1,350 | $6,500 |
| 2018 | $569 | $7,850 | $1,350 | $6,500 |
| 2017 | $323 | $7,850 | $1,350 | $6,500 |
| 2016 | $391 | $8,950 | $0 | $0 |
| 2014 | $391 | $8,950 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/04/2026 05/04/26 | Pending | -- | -- | -- |
| 04/28/2026 04/28/26 | Price Changed | $129,900 | -3.7% | $162 / Sq Ft |
| 09/12/2025 09/12/25 | Price Changed | $134,900 | +3.8% | $169 / Sq Ft |
| 09/11/2025 09/11/25 | For Sale | $130,000 | 0.0% | $163 / Sq Ft |
| 09/11/2025 09/11/25 | Price Changed | $130,000 | -73.2% | $163 / Sq Ft |
| 09/08/2025 09/08/25 | Off Market | $484,900 | -- | -- |
| 09/04/2025 09/04/25 | Price Changed | $484,900 | +259.5% | $606 / Sq Ft |
| 09/02/2025 09/02/25 | Price Changed | $134,900 | -72.2% | $169 / Sq Ft |
| 08/15/2025 08/15/25 | For Sale | $484,900 | -- | $606 / Sq Ft |
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 |
|---|---|---|---|
| Warranty Deed | $80,000 | None Listed On Document | |
| Warranty Deed | $36,000 | None Listed On Document |
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 |
|---|---|---|---|
| Open | $105,000 | Construction | |
| Previous Owner | $80,000 | New Conventional |
Source: Memphis Area Association of REALTORS®
MLS Number: 10203704
APN: 05-3044-0-0021
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Listing content and images Copyright 2026 Memphis Area Association of REALTORS®. Information provided is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Do not rely upon listing data without independently verifying it.
Some or all of the listings displayed may not belong to the firm whose website is being visited.
- 4058 Ward Ave
- 1710 Mcnair St
- 4072 Leroy Ave
- 1630 N Graham St
- 1641 N Graham St
- 1674 Sailors St
- 1662 Sailors St
- 1658 Sailors St
- 4034 Berkshire Ave
- 1673 Sailors St
- 4202 Reed Ave
- 1664 Helsley Rd
- 3954 Berkshire Ave
- 1711 Ronda St
- 4113 Truman Ave
- 1827 Eldorado St
- 3997 Truman Ave
- 1755 Atlas St
- 3912 Berkshire Ave
- 4039 Westover Ave
Ask me questions while you tour the home.