Incredible investment opportunity available with tremendous cash flow and huge potential upside! This home is rented for $995/mo with a market rent of $1200/mo. Multiple properties available. Homes can be bought individually or in bulk. All homes are professionally managed. Most all of these are tenant occupied AND have value add upside. 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.
For sale
Price cut: $100 (7/14)
$104,900
1946 Willow Wood Ave, Memphis, TN 38127
3beds
1,516sqft
Single Family Residence
Built in 1960
6,969 Square Feet Lot
$-- Zestimate®
$69/sqft
$-- HOA
What's special
- 134 days |
- 37 |
- 1 |
Zillow last checked:
Listing updated:
Listed by:
William H Haynes,
Crye-Leike, Inc., REALTORS 901-756-8900,
Tyler Tapley,
Crye-Leike, Inc., REALTORS
Source: MAAR,MLS#: 10216292
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
Primary bedroom
- Width: 0
Dining room
- Width: 0
Kitchen
- Features: Pantry
Living room
- Width: 0
Den
- Width: 0
Heating
- Central
Cooling
- Central Air
Features
- All Bedrooms Down, Square Feet Source: AutoFill (MAARdata) or Public Records (Cnty Assessor Site)
- Flooring: Part Carpet
- Has fireplace: No
Interior area
- Total interior livable area: 1,516 sqft
Property
Parking
- Parking features: Driveway/Pad
- Has uncovered spaces: Yes
Features
- Stories: 1
- Exterior features: Other (See REMARKS)
- Pool features: None
Lot
- Size: 6,969 Square Feet
- Dimensions: 61 x 129
- Features: Level
Details
- Parcel number: 072018 00022
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Single Family Residence
Materials
- Brick Veneer
Condition
- New construction: No
- Year built: 1960
Community & HOA
Community
- Subdivision: Ivanhoe Inc Virginia Hills Re
Location
- Region: Memphis
Financial & listing details
- Price per square foot: $69/sqft
- Tax assessed value: $104,600
- Annual tax amount: $1,378
- Price range: $104.9K - $104.9K
- Date on market: 3/8/2026
- Cumulative days on market: 135 days
Estimated market value
Not available
Estimated sales range
Not available
$1,273/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/14/2026 | Price change | $104,900-0.1%$69/sqft |
Source:  MAAR #10216292 Report a problem | ||
| 3/30/2026 | Listing removed | $1,110$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 3/12/2026 | Listed for rent | $1,110+11.6%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 3/8/2026 | Listed for sale | $105,000+66.7%$69/sqft |
Source: MAAR #10216292 Report a problem | ||
| 11/19/2024 | Listing removed | $995$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 11/4/2024 | Listed for rent | $995+30.9%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 7/31/2020 | Sold | $63,000+32.1%$42/sqft |
Source: MAAR #10082278 Report a problem | ||
| 10/22/2019 | Listing removed | $760$1/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 9/22/2019 | Listed for rent | $760$1/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 2/2/2012 | Sold | $47,700+42.8%$31/sqft |
Source: Public Record Report a problem | ||
| 11/9/2011 | Sold | $33,400+124.2%$22/sqft |
Source: Public Record Report a problem | ||
| 10/2/2011 | Listed for sale | $14,900-30.7%$10/sqft |
Source: Fast Track Realty, LLC #3233418 Report a problem | ||
| 4/6/2011 | Sold | $21,500$14/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,378 +11.9% | $26,150 +39.8% |
| 2024 | $1,231 +8.1% | $18,700 |
| 2023 | $1,139 | $18,700 |
| 2022 | -- | $18,700 |
| 2021 | -- | $18,700 +39.6% |
| 2020 | $428 | $13,400 |
| 2019 | $428 -21.1% | $13,400 |
| 2018 | $543 -45.1% | $13,400 |
| 2017 | $989 +125.5% | $13,400 +3.9% |
| 2016 | $439 -13.4% | $12,900 |
| 2014 | $506 | $12,900 |
| 2013 | -- | $12,900 -18.7% |
| 2012 | -- | $15,875 |
| 2011 | -- | $15,875 |
| 2010 | -- | $15,875 |
| 2009 | -- | $15,875 +2.4% |
| 2008 | -- | $15,500 |
| 2007 | -- | $15,500 |
| 2006 | -- | $15,500 |
| 2005 | -- | $15,500 +12.3% |
| 2004 | -- | $13,800 |
| 2003 | -- | $13,800 |
| 2002 | -- | $13,800 |
| 2001 | -- | $13,800 +12.7% |
| 2000 | -- | $12,250 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Shelby Forest-Frayser
Nearby schools
GreatSchools rating
- 4/10Grandview Heights MiddleGrades: 6-8Distance: 0.8 mi
- 3/10Trezevant High SchoolGrades: 9-12Distance: 1.2 mi
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A local agent can set up tours, give advice and negotiate with sellers.
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