For sale

$100,000

3535 Madewell St, Memphis, TN 38127

3beds

1,428sqft

$737/mo

Get pre-qualified

Single Family Residence

Built in 1960

0.3 Acres Lot

$97,600 Zestimate^®

$70/sqft

$-- HOA

What's special

ATTENTION INVESTORS! This tenant-occupied rental offers an opportunity to add another income-producing property to your portfolio. This 3-bedroom, 1-bath single-family home is currently generating $1,075/ month in rental income, with the current lease running through 03/31/2027. An opportunity to purchase an income-producing property with a tenant already in place. Please do not disturb the tenant. No showings without an accepted offer. NO wholesale, assignment, or creative financing offers will be accepted. Financials available upon request. Professionally Managed IN-HOUSE

9 days
248
20

Likely to sell faster than

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 1
Full bathrooms: 1

Primary bedroom

Dimensions: 0 x 0

Dining room

Features: Separate Dining Room
Dimensions: 0 x 0

Living room

Features: Separate Living Room
Dimensions: 0 x 0

Den

Dimensions: 0 x 0

Heating

Central

Cooling

Central Air

Features

All Bedrooms Down, Square Feet Source: AutoFill (MAARdata) or Public Records (Cnty Assessor Site)
Flooring: Part Carpet, Vinyl
Has fireplace: No

Interior area

Total interior livable area: 1,428 sqft

Property

Parking

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

Features

Stories: 1
Patio & porch: Porch
Pool features: None
Fencing: Chain Fence

Lot

Size: 0.3 Acres
Dimensions: 70 x 190
Features: Level

Details

Parcel number: 070001 00027

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: Ridgecrest Fifth Addition

Location

Region: Memphis

Financial & listing details

Price per square foot: $70/sqft
Tax assessed value: $84,400
Annual tax amount: $1,113
Price range: $100K - $100K
Date on market: 10/13/2026

Estimated market value

$97,600

$93,000 - $102,000

$1,102/mo

Price history

Date	Event	Price
10/13/2026	Listed for sale	$100,000+38.9%$70/sqft
Source: MAAR #10232302 Report a problem
10/20/2020	Listing removed	$875$1/sqft
Source: Foundation Property Management, LLC Report a problem
10/12/2020	Listed for rent	$875$1/sqft
Source: Foundation Property Management, LLC Report a problem
4/14/2020	Sold	$72,000+188%$50/sqft
Source: Public Record Report a problem
11/21/2019	Sold	$25,000$18/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$1,112 -2%	$21,100 +22.5%
2024	$1,134 +8.1%	$17,225
2023	$1,049	$17,225
2022	--	$17,225
2021	--	$17,225 +37.5%
2020	$400	$12,525
2019	$400 -21.1%	$12,525
2018	$507 -45.1%	$12,525
2017	$925 +138.5%	$12,525 +9.9%
2016	$388 -13.6%	$11,400
2014	$449	$11,400
2013	--	$11,400 -19%
2012	--	$14,075
2011	--	$14,075
2010	--	$14,075
2009	--	$14,075 -5.2%
2008	--	$14,850
2007	--	$14,850
2006	--	$14,850
2005	--	$14,850 +6.5%
2004	--	$13,950
2003	--	$13,950
2002	--	$13,950
2001	--	$13,950 +9.8%
2000	--	$12,700