This property is leased at $1,050 per month ($12,600 annually) through 02/28/2027, with a cash-on-cash return of 5.50% and a monthly cash flow of $156.83. "All investment figures are estimates and verified independently by buyer." Investor-ready opportunity in a stable Memphis rental market. This well-maintained home features a functional layout with comfortable living areas, durable finishes, and good natural light throughout. Recent updates enhance efficiency and help reduce maintenance needs. The kitchen offers practical design with ample cabinetry, while the property shows solid condition inside and out with appealing curb appeal and usable outdoor space. Conveniently located near schools, shopping, and major routes, supporting consistent rental demand and long-term appreciation potential. A strong addition to any investment portfolio. Financials available upon request. No wholesalers, assignments, or creative financing! PROFESSIONALLY MANAGED IN-HOUSE
For sale
$115,000
404 Stoneham Rd, Memphis, TN 38109
2beds
1,134sqft
Single Family Residence
Built in 1960
0.3 Acres Lot
$-- Zestimate®
$101/sqft
$-- HOA
What's special
Well-maintained homeAppealing curb appealFunctional layoutGood natural light throughoutAmple cabinetryUsable outdoor spaceDurable finishes
- 348 days |
- 18 |
- 1 |
Zillow last checked:
Listing updated:
Listed by:
James C Wachob,
Foundation Property Management 901-633-1484
Source: MAAR,MLS#: 10200407
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Primary bedroom
- Dimensions: 0 x 0
Dining room
- Features: Separate Dining Room
- Dimensions: 0 x 0
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: Vinyl
- Has fireplace: No
Interior area
- Total interior livable area: 1,134 sqft
Property
Parking
- Parking features: Driveway/Pad
- Has uncovered spaces: Yes
Features
- Stories: 1
- Exterior features: Other (See REMARKS)
- Pool features: None
Lot
- Size: 0.3 Acres
- Dimensions: 75 x 175
- Features: Level
Details
- Parcel number: 076035 00189
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: Park Hill Re
Location
- Region: Memphis
Financial & listing details
- Price per square foot: $101/sqft
- Tax assessed value: $114,200
- Annual tax amount: $1,215
- Price range: $115K - $115K
- Date on market: 7/2/2025
- Cumulative days on market: 338 days
Estimated market value
Not available
Estimated sales range
Not available
$998/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/4/2026 | Listed for sale | $115,000$101/sqft |
Source: | ||
| 4/23/2026 | Pending sale | $115,000$101/sqft |
Source: | ||
| 7/2/2025 | Listed for sale | $115,000+27.9%$101/sqft |
Source: | ||
| 10/29/2022 | Listing removed | -- |
Source: Zillow Rental Network Premium Report a problem | ||
| 8/2/2022 | Listed for rent | $1,050$1/sqft |
Source: Zillow Rental Network Premium Report a problem | ||
| 8/11/2020 | Sold | $89,900+328.1%$79/sqft |
Source: Public Record Report a problem | ||
| 3/5/2020 | Sold | $21,000$19/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,505 +23.9% | $28,550 +54.7% |
| 2024 | $1,215 +8.1% | $18,450 |
| 2023 | $1,124 | $18,450 |
| 2022 | -- | $18,450 |
| 2021 | -- | $18,450 +39.8% |
| 2020 | $422 | $13,200 |
| 2019 | $422 -21.1% | $13,200 |
| 2018 | $535 -45.1% | $13,200 |
| 2017 | $974 +124.8% | $13,200 +3.5% |
| 2016 | $434 -13.8% | $12,750 |
| 2014 | $503 | $12,750 |
| 2013 | -- | $12,750 -19.2% |
| 2012 | -- | $15,775 |
| 2011 | -- | $15,775 |
| 2010 | -- | $15,775 |
| 2009 | -- | $15,775 +13.5% |
| 2008 | -- | $13,900 |
| 2007 | -- | $13,900 |
| 2006 | -- | $13,900 |
| 2005 | -- | $13,900 +7.1% |
| 2004 | -- | $12,975 |
| 2003 | -- | $12,975 |
| 2002 | -- | $12,975 |
| 2001 | -- | $12,975 +9.7% |
| 2000 | -- | $11,825 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: White Haven-Coro Lake
Nearby schools
GreatSchools rating
- 6/10Westhaven Elementary SchoolGrades: PK-5Distance: 0.1 mi
- 6/10Freedom Preparatory Academy Charter SchoolsGrades: 6-12Distance: 0.9 mi
A local agent can set up tours, give advice and negotiate with sellers.
- Tennessee
- Shelby County
- Memphis
- 38109
- White Haven-Coro Lake
- 404 Stoneham Rd
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