For sale

$175,000

207 Neely Cv, Memphis, TN 38109

3beds

2,373sqft

$1,290/mo

Get pre-qualified

Single Family Residence

Built in 1967

5,662 Square Feet Lot

$170,500 Zestimate^®

$74/sqft

$-- HOA

What's special

Enlarged bedroomAppliances are includedJacuzzi tubDouble-sink vanity

INVESTOR OPPORTUNITY — $175,000! 2,373 SF brick home with 3 bedrooms, 3 baths and a 2-car garage. This spacious property offers an enlarged/remodeled kitchen with island, enlarged bedroom, Jacuzzi tub, double-sink vanity, wet bar and built-in bar. AS-IS SALE — PROPERTY NEEDS WORK. Bring your renovation strategy and unlock the potential! Excellent opportunity for an investor seeking a value-add project. INVESTORS ONLY. Buyer to perform all due diligence regarding. Seller will not make repairs. Appliances are included – AS-IS condition. Priced to attract serious investors—bring your numbers and your vision!

26 days
525
46

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 3
Full bathrooms: 3

Rooms

Room types: Internal Expansion Area

Primary bedroom

Features: Walk-In Closet(s), Carpet
Dimensions: 0 x 0

Bedroom 2

Features: Tile Floor

Bedroom 3

Features: Tile Floor

Primary bathroom

Features: Double Vanity, Full Bath

Dining room

Dimensions: 0 x 0

Kitchen

Features: Pantry, Kitchen Island

Living room

Features: Separate Living Room, Separate Den
Dimensions: 0 x 0

Den

Dimensions: 0 x 0

Heating

Central, Natural Gas

Cooling

Central Air, Window Unit(s), Ceiling Fan(s)

Appliances

Included: Range/Oven, Dishwasher, Microwave, Refrigerator, Washer, Dryer
Laundry: Laundry Closet

Features

All Bedrooms Down, Double Vanity Bath, Separate Tub & Shower, Full Bath Down, Half Bath Down, Jacuzzi, Wet Bar, Walk-In Closet(s), Square Feet Source: AutoFill (MAARdata) or Public Records (Cnty Assessor Site)
Flooring: Part Hardwood, Part Carpet, Tile
Doors: Storm Door(s)
Has fireplace: No

Interior area

Total interior livable area: 2,373 sqft

Property

Parking

Total spaces: 2
Parking features: Driveway/Pad, Garage Door Opener, Garage Faces Front
Has garage: Yes
Covered spaces: 2
Has uncovered spaces: Yes

Features

Stories: 1
Pool features: None
Waterfront features: Cove

Lot

Size: 5,662 Square Feet
Dimensions: 54 x 110

Details

Parcel number: 076003 00010

Construction

Type & style

Home type: SingleFamily
Architectural style: Traditional
Property subtype: Single Family Residence

Materials

Foundation: Slab
Roof: Composition Shingles

Condition

New construction: No
Year built: 1967

Community & HOA

Community

Security: Wrought Iron Security Drs
Subdivision: Valley Forge

Location

Region: Memphis

Financial & listing details

Price per square foot: $74/sqft
Tax assessed value: $171,200
Annual tax amount: $2,256
Price range: $175K - $175K
Date on market: 10/9/2026
Cumulative days on market: 26 days
Listing terms: Other (See REMARKS)

Estimated market value

$170,500

$162,000 - $179,000

$1,720/mo

Price history

Date	Event	Price
10/9/2026	Listed for sale	$175,000$74/sqft
Source: MAAR #10232128 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$2,256 +34.1%	$42,800 +67.5%
2024	$1,683 +8.1%	$25,550
2023	$1,556	$25,550
2022	--	$25,550
2021	--	$25,550 +8.7%
2020	$751	$23,500
2019	$751 -21.1%	$23,500
2018	$952 -45.1%	$23,500
2017	$1,735 +139.8%	$23,500 +10.5%
2016	$723 -12.6%	$21,275
2014	$828	$21,275
2013	--	$21,275 -18%
2012	--	$25,950
2011	--	$25,950
2010	--	$25,950
2009	--	$25,950 -0.1%
2008	--	$25,975
2007	--	$25,975
2006	--	$25,975
2005	--	$25,975 +13.4%
2004	--	$22,900
2003	--	$22,900
2002	--	$22,900
2001	--	$22,900 +23.3%
2000	--	$18,575