$145,000
SOLD AUG 28, 2025

5718 Myers Rd Unit 5718, 5720 Memphis, TN 38115

Hickory Hill Neighborhood
4 Beds
4 Baths
2,536 Sq Ft
9,148 Sq Ft Lot

Recently Sold

$57 Per Sq Ft

1 Day on Market

Highlights

  • Traditional Architecture
  • Central Heating and Cooling System
  • Vinyl Flooring

About This Home

As of August 2025

Excellent Investment Opportunity! This cash-flowing duplex is perfect for investors or owner-occupants. One unit features 2 bedrooms 1.5 bathrooms and is currently rented for $850/month. The other unit, offering 2 bedrooms 2 full bathrooms, is vacant and ready for a new tenant or owner. Live in one unit and rent out the other to offset your mortgage! Both units feature durable and stylish LVP flooring.

Last Agent to Sell the Property

Wei Zhai

eXp Realty, LLC License #363957 Listed on: 07/23/2025

eXp Realty, LLC

Last Buyer's Agent

Tony Jackson

Weichert REALTOR-SPM License #351052

Weichert REALTOR-SPM

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $815

Year Built

  • Built in 1973

Lot Details

  • 9,148 Sq Ft Lot
  • Lot Dimensions are 85x110
  • Few Trees

Parking

  • Driveway

Home Design

  • Duplex
  • Traditional Architecture

Interior Spaces

  • 2,536 Sq Ft Home
  • 2-Story Property
  • Popcorn or blown ceiling
  • Aluminum Window Frames
  • Vinyl Flooring

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater

Community Details

  • Heritage Colony 1St Addn Rev Blk B Subdivision

Listing and Financial Details

  • Assessor Parcel Number 093417 E00010

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$815

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Class: Duplexes
  • Type: Built as Duplex
  • Style: Traditional
  • Second Address Number: 5720
  • MLS Map #: 785A
  • MAAR Subdivision Name: HERITAGE COLONY 1ST ADD BLK B
  • Freestanding: Yes
  • Number Of Stories: 2
  • Price Per Sq Ft: 57.18
  • Estimated Sq Ft: 2536
  • Year Built: 1973
  • List Price/ Sq Ft: 57
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Floors/Ceilings: Vinyl Floor, Textured Ceiling

Exterior Features

  • Exterior Windows: Aluminum/Steel Siding

Garage/Parking

  • Parking: Driveway/Pad

Utilities

  • Cooling: Central Cooling
  • Heating: Central
  • Hot Water: Gas

Lot Info

  • Lot Description: Some Trees
  • Lot Number: 151
  • Acreage: 0.21
  • Lot Size: 85X110
  • Price Per Acre: 690476
  • Geo Subdivision: TN

Rental Info

  • Type Of Leases: Year

Tax Info

  • Assessor Parcel Number: 093417 E00010

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 24, 2023
Sold by
Kitakis Demetrios
Bought by
Xing Daihong

Purchase Details

Closed on
Mar 19, 2021
Sold by
David Lipson Benjamin Aaron
Bought by
Kitakis Demetrios

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 12, 2018
Sold by
Martin Reed Erica Denise
Bought by
David Lipson Benjamin Aaron and Kitakis Demetrios

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,750
Interest Rate
4.22%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 1, 2006
Sold by
Hibbler Jimmy
Bought by
Herndon Erica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,000
Interest Rate
9.5%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $140,000 Foundation Title
Quit Claim Deed -- Accommodation
Warranty Deed $69,000 Title & Escrow Servicesinc
Warranty Deed $87,000 American Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $70,000 New Conventional
Previous Owner $51,750 New Conventional
Previous Owner $87,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/28/2025 08/28/25 Sold $145,000 0.0% $57 / Sq Ft
07/24/2025 07/24/25 Pending -- -- --
07/23/2025 07/23/25 For Sale $145,000 -- $57 / Sq Ft
Source: Memphis Area Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

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 $815 $55,320 $8,600 $46,720
2024 $815 $24,040 $5,400 $18,640
2023 $1,464 $24,040 $5,400 $18,640
2022 $815 $24,040 $5,400 $18,640
2021 $1,482 $24,040 $5,400 $18,640
2020 $1,754 $24,200 $5,400 $18,800
2019 $773 $24,200 $5,400 $18,800
2018 $773 $24,200 $5,400 $18,800
2017 $792 $24,200 $5,400 $18,800
2016 $1,148 $26,280 $0 $0
2014 $1,148 $26,280 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Wei Zhai

    Seller's Agent in 2025

    Wei Zhai

    eXp Realty, LLC

    (937) 654-1082

    4 in this area

    56 Total Sales

    Wei Zhai
    Section Image
  • Tony Jackson

    Buyer's Agent in 2025

    Tony Jackson

    Weichert REALTOR-SPM

    (901) 410-3315

    8 in this area

    99 Total Sales

    Tony Jackson
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10201841

Memphis Area Association of REALTORS®

APN: 09-3417-E0-0010

Tennessee Shelby County Memphis 38115 Hickory Hill

5718 Myers Rd Unit 5718, 5720, Memphis, TN

This home is located at 5718 Myers Rd Unit 5718, 5720, Memphis, TN 38115 and is currently priced at $145,000, approximately $57 per square foot. This property was built in 1973. 5718 Myers Rd Unit 5718, 5720 is a home located in Shelby County with nearby schools including Hickory Ridge Elementary School, Wooddale High School, and Compass Community School Hickory Hill Campus.

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