For sale

$99,900

380 Elder Rd, Memphis, TN 38109

3beds

804sqft

$737/mo

Get pre-qualified

Single Family Residence

Built in 1955

8,276 Square Feet Lot

$96,600 Zestimate^®

$124/sqft

$-- HOA

What's special

Investor-friendly opportunity with immediate rental income! This recently renovated 3-bedroom, 1-bath home is tenant occupied with a lease in place from 7/1/2026 through 7/1/2028, offering stability from day one. Updated and income-producing, this property is a great addition to any rental portfolio. Ideal for investors seeking a turnkey, cash-flowing asset with a long-term tenant already secured.

36 days
91
4

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 1
Full bathrooms: 1

Kitchen

Features: Eat-in Kitchen

Living room

Features: Separate Living Room

Heating

Central

Cooling

Central Air

Features

All Bedrooms Down, 1 or More BR Down, Primary Down, Renovated Bathroom, Square Feet Source: Appraisal
Flooring: Vinyl
Has fireplace: No

Interior area

Total interior livable area: 804 sqft

Property

Parking

Parking features: Other (See REMARKS)

Features

Stories: 1
Exterior features: Other (See REMARKS)
Pool features: None

Lot

Size: 8,276 Square Feet
Dimensions: 48 x 150
Features: Other (See Remarks)

Details

Parcel number: 075087 00023

Construction

Type & style

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

Condition

New construction: No
Year built: 1955

Community & HOA

Community

Subdivision: J E Walker Homes

Location

Region: Memphis

Financial & listing details

Price per square foot: $124/sqft
Tax assessed value: $53,800
Annual tax amount: $709
Price range: $99.9K - $99.9K
Date on market: 8/28/2026
Cumulative days on market: 39 days

Estimated market value

$96,600

$92,000 - $101,000

$993/mo

Price history

Date	Event	Price
9/8/2026	Listing removed	$1,000$1/sqft
Source: Zillow Rentals Report a problem
8/28/2026	Listed for sale	$99,900+42.9%$124/sqft
Source: MAAR #10229259 Report a problem
3/20/2026	Listed for rent	$1,000$1/sqft
Source: Zillow Rentals Report a problem
1/2/2026	Listing removed	$69,900$87/sqft
Source: MAAR #10205045 Report a problem
9/5/2025	Listed for sale	$69,900-18.2%$87/sqft
Source: MAAR #10205045 Report a problem
8/21/2024	Sold	$85,500+40.2%$106/sqft
Source: Public Record Report a problem
3/1/2019	Listing removed	$61,000$76/sqft
Source: Realty International, Inc. #10021242 Report a problem
11/30/2018	Price change	$61,000+54.4%$76/sqft
Source: Realty International, Inc. #10021242 Report a problem
10/13/2018	Price change	$39,500-7.1%$49/sqft
Source: Realty International, Inc. #10021242 Report a problem
2/28/2018	Listed for sale	$42,500+117.9%$53/sqft
Source: Realty International, Inc. #10021242 Report a problem
1/3/2006	Sold	$19,500-26%$24/sqft
Source: Public Record Report a problem
10/26/2005	Sold	$26,341$33/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$709 +88%	$13,450 +134.9%
2024	$377 +8.1%	$5,725
2023	$349	$5,725
2022	--	$5,725
2021	--	$5,725 -3.8%
2020	$190	$5,950
2019	$190 -21.1%	$5,950
2018	$241 -45.1%	$5,950
2017	$439 +105%	$5,950 -5.6%
2016	$214 -19.8%	$6,300
2014	$267	$6,300
2013	--	$6,300 -24.8%
2012	--	$8,375
2011	--	$8,375
2010	--	$8,375
2009	--	$8,375 -20.8%
2008	--	$10,575
2007	--	$10,575
2006	--	$10,575
2005	--	$10,575 +31.4%
2004	--	$8,050
2003	--	$8,050
2002	--	$8,050
2001	--	$8,050 -9.8%
2000	--	$8,925