For sale

$105,000

386 Elder Rd, Memphis, TN 38109

3beds

1,208sqft

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Single Family Residence

Built in 1954

8,712 Square Feet Lot

$101,600 Zestimate^®

$87/sqft

$-- HOA

What's special

INVESTORS ONLY! Tenant occupied 3 bed 1.5 bath home. Currently rented at $1498/mo. This could be a great addition to your rental portfolio. Seller also selling 1902 Farrington, and 905 Annie. Can buy in bulk or individually. No sign in the yard. Please do not disturb or approach the tenant. No Creative or Owner Financed Offers. No Wholesale or Assignment.

150 days

105

7

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Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2
Full bathrooms: 1
1/2 bathrooms: 1

Primary bedroom

Area: 120
Dimensions: 10 x 12

Dining room

Dimensions: 0 x 0

Kitchen

Features: Pantry
Area: 136
Dimensions: 8 x 17

Living room

Area: 192
Dimensions: 12 x 16

Den

Area: 288
Dimensions: 16 x 18

Heating

Central

Cooling

Central Air

Features

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

Interior area

Total interior livable area: 1,208 sqft

Property

Parking

Parking features: Driveway/Pad
Has uncovered spaces: Yes

Features

Stories: 1
Patio & porch: Porch, Patio
Pool features: None

Lot

Size: 8,712 Square Feet
Dimensions: 46 x 152
Features: Some Trees

Details

Parcel number: 075087 00024

Construction

Type & style

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

Materials

Vinyl Siding

Condition

New construction: No
Year built: 1954

Community & HOA

Community

Security: Wrought Iron Security Drs
Subdivision: J E Walker Homes

Location

Region: Memphis

Financial & listing details

Price per square foot: $87/sqft
Tax assessed value: $77,100
Annual tax amount: $1,015
Price range: $105K - $105K
Date on market: 1/19/2026
Cumulative days on market: 142 days

Estimated market value

$101,600

$97,000 - $107,000

$1,224/mo

Price history

Date	Event	Price
3/17/2026	Price change	$105,000-4.5%$87/sqft
Source: MAAR #10213197 Report a problem
2/20/2026	Listed for sale	$110,000$91/sqft
Source: MAAR #10213197 Report a problem
2/11/2026	Pending sale	$110,000$91/sqft
Source: MAAR #10213197 Report a problem
1/19/2026	Listed for sale	$110,000+43.3%$91/sqft
Source: MAAR #10213197 Report a problem
11/21/2023	Listing removed	--
Source: Zillow Rentals Report a problem
11/7/2023	Sold	$76,750-3.9%$64/sqft
Source: MAAR #10151964 Report a problem
11/3/2023	Listed for rent	$1,395+55.9%$1/sqft
Source: Zillow Rentals Report a problem
10/16/2023	Pending sale	$79,900$66/sqft
Source: MAAR #10151964 Report a problem
10/10/2023	Listed for sale	$79,900-11.1%$66/sqft
Source: MAAR #10151964 Report a problem
9/25/2023	Listing removed	--
Source: Owner Report a problem
9/4/2023	Price change	$89,900-10%$74/sqft
Source: MAAR #10151964 Report a problem
8/22/2023	Price change	$99,900-13.8%$83/sqft
Source: MAAR #10151964 Report a problem
7/11/2023	Listed for sale	$115,900+120.8%$96/sqft
Source: MAAR #10151964 Report a problem
11/21/2022	Listing removed	--
Source: Zillow Rental Manager Report a problem
11/7/2022	Price change	$895-5.8%$1/sqft
Source: Zillow Rental Manager Report a problem
10/5/2022	Listed for rent	$950+26.7%$1/sqft
Source: Zillow Rental Manager Report a problem
10/20/2020	Listing removed	$750$1/sqft
Source: Zillow Rental Manager Report a problem
10/13/2020	Listed for rent	$750+15.4%$1/sqft
Source: Zillow Rental Manager Report a problem
6/3/2019	Listing removed	$52,500$43/sqft
Source: Owner Report a problem
4/13/2019	Listed for sale	$52,500+498.6%$43/sqft
Source: Owner Report a problem
6/11/2015	Listing removed	$650$1/sqft
Source: MemphisHms Report a problem
5/30/2015	Listed for rent	$650$1/sqft
Source: MemphisHms Report a problem
12/5/2014	Sold	$8,771$7/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$1,016 +118.8%	$19,275 +173.4%
2024	$464 +8.1%	$7,050
2023	$429	$7,050
2022	--	$7,050
2021	--	$7,050 -3.8%
2020	$234	$7,325
2019	$234 -21.1%	$7,325
2018	$297 -45.1%	$7,325
2017	$541 +104.5%	$7,325 -5.8%
2016	$264 -18.7%	$7,775
2014	$325	$7,775
2013	--	$7,775 -23.8%
2012	--	$10,200
2011	--	$10,200
2010	--	$10,200
2009	--	$10,200 -13.4%
2008	--	$11,775
2007	--	$11,775
2006	--	$11,775
2005	--	$11,775 +18.9%
2004	--	$9,900
2003	--	$9,900
2002	--	$9,900
2001	--	$9,900 +9.7%
2000	--	$9,025

Find assessor info on the county website

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