For sale

$140,000

2993 Phyllis Ln, Memphis, TN 38118

4beds

1,451sqft

$994/mo

Get pre-qualified

Single Family Residence

Built in 1958

7,840 Square Feet Lot

$115,500 Zestimate^®

$96/sqft

$-- HOA

What's special

This 4 bed, 1 bath investment property has a long term renter that is month to month at $1267/month. Please do not disturb the tenants. It is professionally managed. Take a look and bring us an offer! The tenant lease and ledger available upon request. No creative or seller financing offers and no wholesalers or assignments. Pictures are prior to tenant move in, but the tenant takes great care of the property, so it is still in similar condition.

1 day
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Likely to sell faster than

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 1
Full bathrooms: 1

Primary bedroom

Level: First

Bedroom 2

Level: First

Bedroom 3

Level: First

Bedroom 4

Level: First

Heating

Central

Cooling

Central Air

Features

Other (See Remarks), Square Feet Source: AutoFill (MAARdata) or Public Records (Cnty Assessor Site)
Has fireplace: No

Interior area

Total interior livable area: 1,451 sqft

Property

Parking

Total spaces: 1
Parking features: Driveway/Pad
Covered spaces: 1
Has uncovered spaces: Yes

Features

Stories: 1
Pool features: None

Lot

Size: 7,840 Square Feet
Dimensions: 60 x 136
Features: Other (See Remarks)

Details

Parcel number: 073053 00010

Construction

Type & style

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

Materials

Brick Veneer

Condition

New construction: No
Year built: 1958

Community & HOA

Community

Security: Wrought Iron Security Drs
Subdivision: Winchester Heights Blk A

Location

Region: Memphis

Financial & listing details

Price per square foot: $96/sqft
Tax assessed value: $130,500
Annual tax amount: $1,720
Price range: $140K - $140K
Date on market: 9/4/2026

Estimated market value

$115,500

$103,000 - $128,000

$1,256/mo

Price history

Date	Event	Price
9/4/2026	Listed for sale	$140,000+16.8%$96/sqft
Source: MAAR #10229832 Report a problem
5/6/2026	Listing removed	$550
Source: Zillow Rentals Report a problem
4/29/2026	Listed for rent	$550
Source: Zillow Rentals Report a problem
1/7/2022	Sold	$119,900+118%$83/sqft
Source: Public Record Report a problem
6/30/2021	Sold	$55,000$38/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$1,720 +22.3%	$32,625 +52.8%
2024	$1,406 +8.1%	$21,350
2023	$1,301	$21,350
2022	--	$21,350 +28.2%
2021	--	$16,650 +30.8%
2020	$407	$12,725
2019	$407 -21.1%	$12,725
2018	$515 -45.1%	$12,725
2017	$939 +124.6%	$12,725 +3.5%
2016	$418 -12.6%	$12,300
2014	$478	$12,300
2013	--	$12,300 -18%
2012	--	$15,000
2011	--	$15,000
2010	--	$15,000
2009	--	$15,000 -8.7%
2008	--	$16,425
2007	--	$16,425
2006	--	$16,425
2005	--	$16,425 +4%
2004	--	$15,800
2003	--	$15,800
2002	--	$15,800
2001	--	$15,800 +17%
2000	--	$13,500