812 Normal Cir Memphis, TN 38111
East Memphis NeighborhoodEstimated payment $727/month
Highlights
- Traditional Architecture
- Some Wood Windows
- Central Heating and Cooling System
- 1 Fireplace
- Brick Veneer
- Partially Carpeted
About This Home
Incredible investment opportunity available with tremendous cash flow and huge potential upside! This home is currently rented for $1095/mo with a market rent of $1200/mo. 21 property package available. Homes can be bought individually or in bulk. Total portfolio list price is $2.525M, total current rent is $17,785/mo, total est market rent is $26,365, est ARV of full package is $3.155M. All homes are professionally managed. Most all of these are tenant occupied. Many of these homes have had significant rehab done in the past few years. This could be an amazing opportunity. Do not approach or disturb tenants. No showigns without an accepted offer. No wholesale, creative finance or seller finance. Addresses are 5088 Edenshire, 1236 Goodman, 4853 Tutwiler, 3471 Heckle, 1373 Russwood, 3430 Hendricks, 4594 Sea Isle, 860 Berclair, 3674 Mountain Terrace, 3270 Abbottsford, 1946 Willow Wood, 3588 Kearney, 3540 Marion, 3682 Kearney, 4401 Quince, 3689 Kearney, 4635 Monaco
Home Details
Home Type
- Single Family
Year Built
- Built in 1950
Lot Details
- 7,405 Sq Ft Lot
- Lot Dimensions are 60x130
- Level Lot
Home Design
- Traditional Architecture
- Brick Veneer
Interior Spaces
- 1,136 Sq Ft Home
- 1-Story Property
- 1 Fireplace
- Some Wood Windows
- Partially Carpeted
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- 1 Full Bathroom
Parking
- 1 Parking Space
- Driveway
Utilities
- Central Heating and Cooling System
Community Details
- Elm Cove 2Nd Addn Subdivision
Listing and Financial Details
- Assessor Parcel Number 046039 00020
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 | $1,095 | $39,950 | $6,800 | $33,150 |
| 2024 | $1,095 | $32,300 | $5,450 | $26,850 |
| 2023 | $1,968 | $32,300 | $5,450 | $26,850 |
| 2022 | $1,968 | $32,300 | $5,450 | $26,850 |
| 2021 | $1,991 | $32,300 | $5,450 | $26,850 |
| 2020 | $1,676 | $23,125 | $5,450 | $17,675 |
| 2019 | $739 | $23,125 | $5,450 | $17,675 |
| 2018 | $739 | $23,125 | $5,450 | $17,675 |
| 2017 | $757 | $23,125 | $5,450 | $17,675 |
| 2016 | $1,016 | $23,250 | $0 | $0 |
| 2014 | $1,016 | $23,250 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 03/07/2026 03/07/26 | For Sale | $120,000 | -3.6% | $106 / Sq Ft | |
| 05/21/2021 05/21/21 | Sold | $124,504 | -18.0% | $125 / Sq Ft | View Prior Sale |
| 05/20/2021 05/20/21 | Pending | -- | -- | -- | |
| 05/19/2021 05/19/21 | For Sale | $151,800 | -- | $152 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | None Listed On Document | |
| Warranty Deed | $248,750 | None Available | |
| Quit Claim Deed | -- | None Available | |
| Warranty Deed | $76,000 | None Available |
Source: Memphis Area Association of REALTORS®
MLS Number: 10216306
APN: 04-6039-0-0020
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