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For sale by owner
  • $127,500

    4787 Southaven Rd, Memphis, TN 38109

    3beds
    1baths
    900sqft
    : 
    $888/mo
    Get pre-qualified
    SingleFamily
    Built in 1955
    0.34 Acres Lot
    $114,600 Zestimate®
    $142/sqft
    $-- HOA

    Overview

    Turnkey Investment Opportunity – Tenant in Place We are MidSouth Home Buyers, a professional property management company serving the Memphis, Dallas, and Little Rock markets. This property is being offered as a turnkey investment with a tenant already in place, currently paying $1,100 per month. The asking price reflects the understanding that MidSouth Home Buyers will continue managing the property after closing, providing the new owner with a truly hands-off investment experience. Our experienced management team will continue handling rent collection, maintenance coordination, tenant communication, and day-to-day property management so you can begin generating passive rental income from day one. You can email me at jacobhorn@midsouthbestrentals.com or call/text me at 901-563-4485.
    What the owner loves about this home
    Turnkey Investment Opportunity with Extensive Renovations and Major System Updates! This beautifully renovated property offers investors the opportunity to acquire a low-maintenance home with extensive improvements throughout. The exterior features fresh Sherwin-Williams paint, new shutters, flower boxes, landscaping with mulch and evergreens, a paved driveway, and a brand-new Owens Corning 30-year roof. Inside, the home has been refreshed from top to bottom with all-new interior paint, high-traffic stain-resistant carpet and pad, new window treatments, updated lighting, electrical outlets, switches and plates, oil-rubbed bronze door hardware, and Hampton Bay ceiling fans. The kitchen has been completely updated with brand-new CamLock cabinetry, new countertops, a black dishwasher, and a new deep double-bowl stainless-steel sink and faucet. The bathroom features a new bathtub, ceramic tile tub surround, vanity, medicine cabinet/mirror, fixtures, vent fan, Eljer Green Flush toilet, and oil-rubbed bronze accessories. Major mechanical and infrastructure improvements include a brand-new HVAC system with new furnace, A-coil and condenser, new Bradford White water heater, new electrical panel, updated electrical and plumbing, and new laundry hookups. Additional upgrades include aluminum windows, a concrete slab foundation, dedicated laundry area, new Kwikset Powerbolt2 keyless entry, and new kitchen and bathroom flooring. With extensive renovations already completed and major systems updated, this property is positioned as an attractive turnkey investment with reduced near-term capital expenditure needs—an excellent addition to any rental portfolio.
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    Listed by:

    Property Owner (901) 563-4485

    This property is for sale by owner and Zillow, Inc. is displaying it at the owner's request. It is not subject to a listing agreement with Zillow, Inc. or its affiliates.

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 1
      Heating
      • Other
      Cooling
      • Central
      Features
      • Basement: None
      • Has fireplace: Yes
      Interior area
      • Total interior livable area: 900 sqft

      Property

      Parking
      • Parking features: Garage - Detached
      Features
      • Exterior features: Brick
      Lot
      • Size: 0.34 Acres
      Details
      • Parcel number: 07517400005

      Construction

      Type & style
      • Home type: SingleFamily
      Materials
      • masonry
      • Roof: Composition
      Condition
      • New construction: No
      • Year built: 1955

      Community & HOA

      Location
      • Region: Memphis

      Financial & listing details

      • Price per square foot: $142/sqft
      • Tax assessed value: $58,700
      • Annual tax amount: $773
      • Date on market: 9/2/2026

        Estimated market value

        $114,600

        $102,000 - $126,000

        $1,155/mo

        Price history

        DateEventPrice
        9/2/2026Listed for sale$127,500+112.5%$142/sqft
        Source: Owner Report a problem
        3/19/2026Listing removed$1,100$1/sqft
        Source: Zillow Rentals Report a problem
        3/9/2026Listed for rent$1,100$1/sqft
        Source: Zillow Rentals Report a problem
        12/23/2025Sold$60,000+793.3%$67/sqft
        Source: Public Record Report a problem
        5/1/2009Sold$6,717-87.1%$7/sqft
        Source: Public Record Report a problem
        1/2/2003Sold$52,000$58/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$773 +42.4%$14,675 +77.9%
        2024$543 +8.1%$8,250
        2023$503 $8,250
        2022-- $8,250
        2021-- $8,250 -4.1%
        2020$275 $8,600
        2019$275 -21.1%$8,600
        2018$348 -45.1%$8,600
        2017$635 +113.4%$8,600 -1.7%
        2016$298 -17.3%$8,750
        2014$360 $8,750
        2013-- $8,750 -22.4%
        2012-- $11,275
        2011-- $11,275
        2010-- $11,275
        2009-- $11,275 -18.7%
        2008-- $13,875
        2007-- $13,875
        2006-- $13,875
        2005-- $13,875 +16.4%
        2004-- $11,925
        2003-- $11,925
        2002-- $11,925
        2001-- $11,925 +40.7%
        2000-- $8,475
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        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.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: White Haven-Coro Lake

        Getting around

        20 / 100
        Car-Dependent
        25 / 100
        Some Transit
        28 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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