640 Stephens Place Memphis, TN 38126
South Memphis NeighborhoodEstimated payment $1,300/month
Highlights
- Traditional Architecture
- Porch
- Laundry Room
- Great Room
- Eat-In Kitchen
- Central Heating and Cooling System
About This Home
Turnkey New Construction 4BR/2BA — Already Leased at $1,850/mo. with Powerful Buyer Incentives Step into a fresh, low-maintenance investment with immediate cash flow. This new construction, tenant-occupied 4-bedroom, 2-bathroom home is rented at $1,850 per month, delivering dependable income from day one—without the headaches of renovations or lease-up.
Home Details
Home Type
- Single Family
Year Built
- Built in 2025
Lot Details
- Lot Dimensions are 140x51
- Wood Fence
Parking
- Driveway
Home Design
- Traditional Architecture
- Composition Shingle Roof
- Vinyl Siding
Interior Spaces
- 1,530 Sq Ft Home
- 1-Story Property
- Smooth Ceilings
- Aluminum Window Frames
- Great Room
- Concrete Flooring
- Laundry Room
Kitchen
- Eat-In Kitchen
- Oven or Range
- Dishwasher
Bedrooms and Bathrooms
- 4 Main Level Bedrooms
- 2 Full Bathrooms
Additional Features
- Porch
- Ground Level
- Central Heating and Cooling System
Community Details
- Stephens Blk B Subdivision
Listing and Financial Details
- Assessor Parcel Number 025023 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 | -- | $1,750 | $1,750 | -- |
| 2024 | -- | $875 | $875 | -- |
| 2023 | $53 | $875 | $875 | $0 |
| 2022 | $53 | $875 | $875 | $0 |
| 2021 | $54 | $875 | $875 | $0 |
| 2020 | $63 | $875 | $875 | $0 |
| 2019 | $63 | $875 | $875 | $0 |
| 2018 | $63 | $875 | $875 | $0 |
| 2017 | $36 | $875 | $875 | $0 |
| 2016 | $0 | $0 | $0 | $0 |
| 2014 | -- | $0 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/18/2026 03/18/26 | Pending | -- | -- | -- |
| 03/18/2026 03/18/26 | For Sale | $205,000 | -- | $134 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | None Available | |
| Quit Claim Deed | -- | Stewart Title Company | |
| Quit Claim Deed | -- | Stewart Title Company |
Source: Memphis Area Association of REALTORS®
MLS Number: 10217040
APN: 02-5023-0-0021
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.
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