$175,000

Estimated payment $1,009/month

Total Views 206
3 Beds
1 Bath
1,164 Sq Ft
$150 Price per Sq Ft

Highlights

  • Deck
  • Wood Flooring
  • Outdoor Storage
  • Traditional Architecture
  • Brick Veneer
  • Central Heating and Cooling System

About This Home

Seize this excellent investment opportunity in the vibrant Normal Station neighborhood! This charming 3-bedroom, 1-bathroom home offers both immediate rental income and future potential. For the past 2 years, property has been leased for $1,350 per month, this property provides a reliable revenue stream. Its prime location ensures easy access to the University of Memphis, Botanical Gardens, and all of Memphis' top attractions, making it a highly desirable rental for students and professionals alike.

Listing Agent

Brittany Denny

The Firm License #372348 Listed on: 12/05/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,091

Year Built

  • Built in 1950

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 74x97
  • Wood Fence

Parking

  • Driveway

Home Design

  • Traditional Architecture
  • Brick Veneer
  • Vinyl Siding

Interior Spaces

  • 1,164 Sq Ft Home
  • 1-Story Property
  • Window Treatments
  • Living Room with Fireplace
  • Fire and Smoke Detector

Kitchen

  • Oven or Range
  • Cooktop
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Outdoor Storage

Location

  • Ground Level

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

  • Elm Cove 1St Addn Subdivision

Listing and Financial Details

  • Assessor Parcel Number 046040 00013

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,091

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Attached Unit Type: Ground Level-Single Story
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: ELM COVE 1ST ADD
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1164
  • Year Built: 1950
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down, Primary Down, Full Bath Down
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Fireplace: Presently Inoperative, In Living Room
  • Floors/Ceilings: Part Hardwood, Tile
  • Full Bathrooms: 1
  • Equipment: Range/Oven, Cooktop, Dishwasher, Refrigerator, Washer, Dryer, Cable Available
  • Living Dining Kitchen: Separate Living Room, W/D Connection in Kitchen
  • Misc Interior: All Window Treatments, Smoke Detector(s)
  • Number Of Fireplaces: 1

Exterior Features

  • Misc Exterior: Deck, Wood Fence, Storage
  • Exterior Windows: Brick Veneer, Vinyl Siding

Garage/Parking

  • Parking Display: C0D
  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Lot Description: Wood Fenced
  • Lot Number: 2
  • Acreage: 0.17
  • Lot Size: 74X97
  • Geo Subdivision: TN

Tax Info

  • Assessor Parcel Number: 046040 00013

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $1,091 $39,925 $6,850 $33,075
2024 $1,091 $32,175 $5,475 $26,700
2023 $1,960 $32,175 $5,475 $26,700
2022 $1,960 $32,175 $5,475 $26,700
2021 $1,110 $32,175 $5,475 $26,700
2020 $1,679 $23,175 $5,475 $17,700
2019 $741 $23,175 $5,475 $17,700
2018 $741 $23,175 $5,475 $17,700
2017 $758 $23,175 $5,475 $17,700
2016 $976 $22,325 $0 $0
2014 $976 $22,325 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/05/2025 12/05/25 For Sale $175,000 +20.7% $150 / Sq Ft
03/30/2021 03/30/21 Sold $145,000 0.0% $145 / Sq Ft View Prior Sale
03/16/2021 03/16/21 Pending -- -- --
03/15/2021 03/15/21 For Sale $145,000 +45.0% $145 / Sq Ft
12/29/2016 12/29/16 Sold $100,000 -15.3% $100 / Sq Ft View Prior Sale
12/15/2016 12/15/16 Pending -- -- --
10/03/2016 10/03/16 For Sale $118,000 -- $118 / Sq Ft
Source: Memphis Area Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $145,000 Closetrak
Quit Claim Deed -- None Listed On Document
Warranty Deed $145,000 None Listed On Document
Warranty Deed $90,000 None Available
Warranty Deed $100,000 None Available
Quit Claim Deed -- None Available
Warranty Deed $73,000 --
Interfamily Deed Transfer $60,000 First American Title Ins Co
Interfamily Deed Transfer $60,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $108,750 New Conventional
Closed $108,750 New Conventional
Previous Owner $81,000 Purchase Money Mortgage
Previous Owner $58,500 No Value Available
Source: Public Records

Source: Memphis Area Association of REALTORS®

MLS Number: 10210905

Memphis Area Association of REALTORS®

APN: 04-6040-0-0013