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Sold for $80,000
  • $80,000

    4355 Melwood St, Memphis, TN 38109

    3beds
    882sqft
    Single Family Residence
    Built in 1952
    6,534 Square Feet Lot
    $80,000 Zestimate®
    $91/sqft
    $1,061 Estimated rent

    Home value

    $80,000

    $76,000 - $84,000

    $1,061/mo

    Zestimate® history
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    What's special

    Range and vent-a-hoodLarge fenced backyardLarge shaker-style cabinetsModern kitchenHard surface flooring throughout
    This property is leased at $995 per month ($11,940 annually) through 03/02/2028, with a cash-on-cash return of 12.87% and a monthly cash flow of $290.91. "All investment figures are estimates and verified independently by buyer." Turnkey investment opportunity featuring a well-maintained brick home designed for dependable, long-term performance. The property offers hard-surface flooring throughout, a bright living area, an updated kitchen with shaker-style cabinetry, central heat and air, and a spacious fenced backyard that enhances resident appeal. Recent improvements and durable finishes help minimize future turn costs, while the functional floor plan supports strong rental demand. With solid curb appeal and a clean, well-kept condition, this is an excellent addition to any portfolio seeking stability, efficiency, and consistent cash-flow potential. Financials available upon request. No wholesalers, assignments, or creative financing! PROFESSIONALLY MANAGED IN-HOUSE

    Zillow last checked:

    Listing updated:

    Listed by:

    James C Wachob,

    Foundation Property Management

    Bought with:

    Dean Harris

    CrestCore Realty MphsBrokerage

    Source: MAAR,MLS#: 10216933MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 1
    • Full bathrooms: 1
    Primary bedroom
    • Area: 238
    • Dimensions: 17 x 14
    Dining room
    • Features: Separate Dining Room
    • Dimensions: 0 x 0
    Living room
    • Features: Separate Living Room
    • Area: 192
    • Dimensions: 16 x 12
    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: Hardwood
    • Has fireplace: No
    Interior area
    • Total interior livable area: 882 sqft

    Property

    Parking
    • Parking features: Driveway/Pad
    • Has uncovered spaces: Yes
    Features
    • Stories: 1
    • Patio & porch: Porch
    • Pool features: None
    Lot
    • Size: 6,534 Square Feet
    • Dimensions: 60 x 115
    • Features: Level
    Details
    • Parcel number: 075145 00039

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Traditional
    • Property subtype: Single Family Residence
    Condition
    • New construction: No
    • Year built: 1952

    Community & HOA

    Community
    • Subdivision: Chickasaw Village 2nd Addn
    Location
    • Region: Memphis

    Financial & listing details

    • Price per square foot: $91/sqft
    • Tax assessed value: $73,000
    • Annual tax amount: $962
    • Price range: $80K - $80K
    • Date on market: 3/17/2026
    • Cumulative days on market: 70 days

    Price history

    DateEventPrice
    6/23/2026Sold$80,000-3%$91/sqft
    Source: MAAR #10216933 Report a problem
    5/26/2026Pending sale$82,500$94/sqft
    Source: MAAR #10216933 Report a problem
    4/17/2026Price change$82,500-8.3%$94/sqft
    Source: MAAR #10216933 Report a problem
    3/17/2026Listed for sale$90,000-9.9%$102/sqft
    Source: MAAR #10216933 Report a problem
    3/4/2026Listing removed$995$1/sqft
    Source: Zillow Rentals Report a problem
    10/29/2025Listing removed$99,900$113/sqft
    Source: MAAR #10202333 Report a problem
    10/20/2025Listed for rent$995$1/sqft
    Source: Zillow Rentals Report a problem
    9/9/2025Price change$99,900-4.8%$113/sqft
    Source: MAAR #10202333 Report a problem
    7/29/2025Listed for sale$104,900+61.4%$119/sqft
    Source: MAAR #10202333 Report a problem
    10/30/2023Listing removed--
    Source: Zillow Rentals Report a problem
    9/7/2023Listed for rent$995+17.1%$1/sqft
    Source: Zillow Rentals Report a problem
    12/22/2021Listing removed--
    Source: Zillow Rental Network Premium Report a problem
    12/9/2021Sold$65,000-18.4%$74/sqft
    Source: RealTracs MLS as distributed by MLS GRID #3023402 Report a problem
    12/8/2021Listed for rent$850+42.9%$1/sqft
    Source: Zillow Rental Network Premium Report a problem
    12/8/2021Pending sale$79,626$90/sqft
    Source: MAAR #10111439 Report a problem
    10/26/2021Listed for sale$79,626+684.5%$90/sqft
    Source: MAAR #10111439 Report a problem
    11/14/2014Listing removed$595$1/sqft
    Source: First National Realty Report a problem
    11/1/2014Price change$595-0.8%$1/sqft
    Source: First National Realty Report a problem
    10/16/2014Price change$600-4%$1/sqft
    Source: First National Realty Report a problem
    10/3/2014Price change$625-3.8%$1/sqft
    Source: First National Realty Report a problem
    9/13/2014Listed for rent$650$1/sqft
    Source: First National Realty Report a problem
    1/18/2012Sold$10,150-14.7%$12/sqft
    Source: MAAR #3236632 Report a problem
    11/30/2011Listed for sale$11,900-53.1%$13/sqft
    Source: foreclosure.com Report a problem
    8/17/2011Sold$25,364-44.9%$29/sqft
    Source: Public Record Report a problem
    1/27/1999Sold$46,000+53.3%$52/sqft
    Source: Public Record Report a problem
    11/9/1998Sold$30,000+25%$34/sqft
    Source: Public Record Report a problem
    8/31/1998Sold$24,000$27/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$962 +13.9%$18,250 +42.3%
    2024$845 +8.1%$12,825
    2023$781 $12,825
    2022-- $12,825
    2021-- $12,825 +62.3%
    2020$252 $7,900
    2019$252 -21.1%$7,900
    2018$320 -45.1%$7,900
    2017$583 +93.8%$7,900 -10.7%
    2016$301 -21%$8,850
    2014$381 $8,850
    2013-- $8,850 -25.9%
    2012-- $11,950
    2011-- $11,950
    2010-- $11,950
    2009-- $11,950 -9.1%
    2008-- $13,150
    2007-- $13,150
    2006-- $13,150
    2005-- $13,150 +39.9%
    2004-- $9,400
    2003-- $9,400
    2002-- $9,400
    2001-- $9,400 -2.3%
    2000-- $9,625
    Find assessor info on the county website

    Neighborhood: White Haven-Coro Lake

    Nearby schools

    GreatSchools rating
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