For sale

$229,500

3612 Hazelhedge Dr, Memphis, TN 38116

4beds

2,165sqft

$1,581/mo

Get pre-qualified

Single Family Residence

Built in 1964

0.29 Acres Lot

$228,800 Zestimate^®

$106/sqft

$-- HOA

What's special

New roofNew hvac systemNew gas water heaterFully renovated bathroomsFully renovated kitchenNew security doors

Cash-flowing 2025 fully renovated property with government-backed income stream! This tenant-occupied home is currently rented at $1,839 per month, with most of the payment secured through the Section 8 program — a major strength for investors seeking consistent and predictable returns. Immediate income, established tenancy, and minimal downtime risk make this a smart portfolio addition. Opportunities like this don’t last long! Improvements include a new HVAC system, new gas water heater, new security doors, new roof, fully renovated kitchen, fully renovated bathrooms, and more!

200 days
370
29

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 3
Full bathrooms: 3

Primary bedroom

Dimensions: 0 x 0

Dining room

Dimensions: 0 x 0

Living room

Features: Separate Den
Dimensions: 0 x 0

Den

Dimensions: 0 x 0

Heating

Central

Cooling

Central Air

Features

1 or More BR Down, Primary Down, Renovated Bathroom, Square Feet Source: AutoFill (MAARdata) or Public Records (Cnty Assessor Site)
Flooring: Hardwood
Number of fireplaces: 1

Interior area

Total interior livable area: 2,165 sqft

Property

Parking

Total spaces: 2
Parking features: Driveway/Pad
Covered spaces: 2
Has uncovered spaces: Yes

Features

Stories: 2
Patio & porch: Porch, Patio
Pool features: None

Lot

Size: 0.29 Acres
Dimensions: 85 x 150
Features: Some Trees

Details

Parcel number: 078034 00015

Construction

Type & style

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

Materials

Brick Veneer

Condition

New construction: No
Year built: 1964

Community & HOA

Community

Subdivision: Hickory Hills

Location

Region: Memphis

Financial & listing details

Price per square foot: $106/sqft
Tax assessed value: $205,100
Annual tax amount: $2,702
Price range: $229.5K - $229.5K
Date on market: 2/20/2026
Cumulative days on market: 201 days

Estimated market value

$228,800

$217,000 - $240,000

$1,746/mo

Price history

Date	Event	Price
8/24/2026	Price change	$229,500-0.2%$106/sqft
Source: MAAR #10215096 Report a problem
2/20/2026	Listed for sale	$229,900+76.8%$106/sqft
Source: MAAR #10215096 Report a problem
12/11/2025	Listing removed	$1,895$1/sqft
Source: Zillow Rentals Report a problem
10/29/2025	Listed for rent	$1,895$1/sqft
Source: Zillow Rentals Report a problem
7/18/2025	Sold	$130,000-31.6%$60/sqft
Source: MAAR #10189494 Report a problem
7/8/2025	Pending sale	$190,000$88/sqft
Source: MAAR #10189494 Report a problem
6/2/2025	Listed for sale	$190,000$88/sqft
Source: MAAR #10189494 Report a problem
3/4/2025	Pending sale	$190,000$88/sqft
Source: MAAR #10189494 Report a problem
2/6/2025	Listed for sale	$190,000$88/sqft
Source: MAAR #10189494 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$2,703 +19.6%	$51,275 +49.4%
2024	$2,260 +8.1%	$34,325
2023	$2,091	$34,325
2022	--	$34,325
2021	--	$34,325 +43.5%
2020	$765	$23,925
2019	$765 -21.1%	$23,925
2018	$969 -45.1%	$23,925
2017	$1,766 +124.9%	$23,925 +3.6%
2016	$785 -21.1%	$23,100
2014	$996	$23,100
2013	--	$23,100 -26%
2012	--	$31,225
2011	--	$31,225
2010	--	$31,225
2009	--	$31,225 +1.4%
2008	--	$30,800
2007	--	$30,800
2006	--	$30,800
2005	--	$30,800 +11%
2004	--	$27,750
2003	--	$27,750
2002	--	$27,750
2001	--	$27,750 +14.7%
2000	--	$24,200