$499,000
$100K PRICE DROP

Estimated payment $3,060/month

Total Views 5,998
5 Beds
2.5 Baths
2,714 Sq Ft
$184 Price per Sq Ft

Highlights

  • In Ground Pool
  • No HOA
  • Central Heating
  • Colonial Architecture
  • Cooling Available
  • 1-minute walk to Dlugach Park

About This Home

Investors alert perfect for those who are looking for a house hack. House with an ADU completely separated from the main house, you can live in the main house and rent the adu
that can help towards your mortgage, Currently occupied making $4000 a month.Comes fully furnished. Located on Rhodes college campus in the prestigious Hein Park neighborhood. Less than 5 minutes to Downtown Memphis, UT Medical campus and Hospitals. Central location with approximate to everywhere in Memphis like Mud Island and Downtown. Home with a pool and full fenced with a privacy. This can be a great opportunity for generating multifamily wealth as there is a complete separate adu( whole unit with separate utilities a kitchenette and a full bath and a bedroom suite) that you can rent separately to Rhodes student or an airbnb guest while living in the front house that has two stories, second story has a bedroom and a half bath. main floor has 3 bedrooms and a full bath, a beautiful kitchen with stainless steel appliances, new hvac, new roof. Schedule your showing today. This is a rare opportunity and won't last long.

Listing Agent

Sana Shah

The Agency Nashville, LLC Brokerage Phone: 6157174674 License #381268 Listed on: 05/25/2025

The Agency Nashville, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,067

Year Built

  • Built in 1925

Lot Details

  • 9,148 Sq Ft Lot
  • Lot Dimensions are 60x150
  • Fenced Front Yard
  • Level Lot

Home Design

  • Colonial Architecture
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 2,714 Sq Ft Home
  • Property has 2 Levels
  • Ceiling Fan
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Crawl Space

Kitchen

  • Oven or Range
  • Dishwasher
  • Trash Compactor
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms | 4 Main Level Bedrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Outdoor Smart Camera
  • Fire and Smoke Detector

Pool

  • In Ground Pool

Schools

  • Snowden Elementary/Middle
  • Central High School

Utilities

  • Cooling Available
  • Central Heating

Listing and Financial Details

  • Assessor Parcel Number 036087 00028

Community Details

Overview

  • No Home Owners Association
  • Hein Park Subdivision

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,067

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Colonial
  • Year Built: 1925
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: Historic
  • Special Features: None
  • Stories: 2

Interior Features

  • Interior Amenities: Ceiling Fan(s)
  • Appliances: Electric Oven, Oven, Electric Range, Trash Compactor, Dishwasher, Disposal, Dryer, Refrigerator, Stainless Steel Appliance(s), Washer
  • Fireplace Features: Living Room, Wood Burning
  • Fireplace: Yes
  • Fireplaces: 1
  • Flooring: Wood
  • Total Bedrooms: 5
  • Main Level Bedrooms: 4
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Has Basement: None, Crawl Space
  • Above Grade Finished Sq Ft: 2714
  • Building Area Units: Square Feet
  • Living Area: 2714
  • Living Area Units: Square Feet

Exterior Features

  • Exterior Features: Smart Camera(s)/Recording
  • Construction Type: Wood Siding
  • Fencing: Front Yard
  • Foundation Details: Brick/Mortar
  • Other Structures: Guest House
  • Pool Features: In Ground
  • Pool Private: Yes
  • Roof: Shingle
  • Topography: Level
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Garage Yn: No

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Utilities: Water Available

Condo/Co-op/Association

  • Amenities: Pool
  • Association: No
  • Senior Community: No

Lot Info

  • Lot Features: Level
  • Lot Size Acres: 0.21
  • Lot Size: 60X150
  • Lot Size Units: Acres
  • Parcel #: 036087 00028
  • Property Attached Yn: No

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 5067

MLS Schools

  • Elementary School: Snowden Elementary/Middle
  • High School: Central High
  • Middle Or Junior School: Snowden Elementary/Middle

Map

Range of Values:

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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 $2,609 $90,550 $16,050 $74,500
2024 $2,609 $76,950 $11,325 $65,625
2023 $4,688 $76,950 $11,325 $65,625
2022 $4,688 $76,950 $11,325 $65,625
2021 $4,742 $76,950 $11,325 $65,625
2020 $2,164 $67,700 $11,325 $56,375
2019 $2,164 $67,700 $11,325 $56,375
2018 $2,164 $67,700 $11,325 $56,375
2017 $2,095 $64,025 $11,325 $52,700
2016 $2,043 $46,750 $0 $0
2014 $2,043 $46,750 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/18/2025 08/18/25 Price Changed $499,000 -16.7% $184 / Sq Ft
05/25/2025 05/25/25 For Sale $599,000 +76.2% $221 / Sq Ft
03/16/2022 03/16/22 Sold $340,000 -2.6% $155 / Sq Ft View Prior Sale
03/14/2022 03/14/22 Pending -- -- --
01/22/2022 01/22/22 For Sale $349,000 +83.7% $159 / Sq Ft
02/20/2015 02/20/15 Sold $190,000 -9.1% $86 / Sq Ft View Prior Sale
01/26/2015 01/26/15 Pending -- -- --
08/27/2014 08/27/14 For Sale $209,000 -- $95 / Sq Ft
Source: Realtracs

Purchase History

Date Type Sale Price Title Company
Warranty Deed $340,000 Sure Title
Warranty Deed $190,000 Realty Title
Quit Claim Deed -- None Available
Warranty Deed $235,000 None Available
Warranty Deed $175,000 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $289,000 New Conventional
Previous Owner $188,000 Fannie Mae Freddie Mac
Previous Owner $166,250 Purchase Money Mortgage
Source: Public Records

Source: Realtracs

MLS Number: 2891079

Realtracs

APN: 03-6087-0-0028