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For sale
  • Price cut: $1K (4/27)
    $89,000

    4787 Townhouse Way, Memphis, TN 38118

    3beds
    1,471sqft
    : 
    $626/mo
    Get pre-qualified
    Townhouse
    Built in 1972
    1,306 Square Feet Lot
    $-- Zestimate®
    $61/sqft
    $-- HOA

    What's special

    *** Do Not Disturb Tenant*** Newly Renovated Condo located in East Memphis. Section 8 Tenant in place for $997, MHA Approved on 9/30/25. Property is 3 Bedrooms 2 baths, 1 Bedroom downstairs and 2 Upstairs. Property was Purchased in a Tax Sale, Seller has owned the property less than a Year (Buyer Must close with Saddle Creek Only) Title Insurance can possibly be Purchased with an Attached Risk Endorsement Policy. This property cannot be closed with a traditional Title Company, but it can be closed with Saddle Creek, they close these deals. ~Seller Prefers Cash Offers~ Must present Valid Proof of Funds. *** Sorry No Wholesalers and No Creative Financing*** (There is an HOA Association Fee, Seller is looking for the info). ~~ Make Offer and view with Seller Accepted Offer~~
    114 days
    |
    84
    |
    3
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Tara A Woodley,

    Zach Taylor Real Estate 855-261-2233

    Source: MAAR,MLS#: 10218376MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 2
      • Full bathrooms: 2
      Primary bedroom
      • Dimensions: 0 x 0
      Dining room
      • Features: Separate Dining Room
      • Dimensions: 0 x 0
      Kitchen
      • Features: Washer/Dryer Connections
      Living room
      • Features: Great Room
      • Dimensions: 0 x 0
      Den
      • Dimensions: 0 x 0
      Heating
      • Central
      Cooling
      • Central Air
      Appliances
      • Laundry: Laundry Room
      Features
      • 1 or More BR Down, Square Feet Source: AutoFill (MAARdata) or Public Records (Cnty Assessor Site)
      • Flooring: Part Carpet, Tile
      • Number of fireplaces: 1
      • Fireplace features: In Den/Great Room
      Interior area
      • Total interior livable area: 1,471 sqft

      Property

      Parking
      • Total spaces: 2
      • Parking features: Assigned
      • Covered spaces: 2
      Features
      • Stories: 2
      • Exterior features: Other (See REMARKS)
      • Pool features: None
      Lot
      • Size: 1,306 Square Feet
      • Dimensions: 1655
      Details
      • Parcel number: 074032 C00072

      Construction

      Type & style
      • Home type: Townhouse
      • Architectural style: Traditional
      • Property subtype: Townhouse
      • Attached to another structure: Yes
      Condition
      • New construction: No
      • Year built: 1972

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Features: Other (See REMARKS)
      • Security: Wrought Iron Security Drs
      • Subdivision: Townhouse Village Winchester
      Location
      • Region: Memphis

      Financial & listing details

      • Price per square foot: $61/sqft
      • Tax assessed value: $62,300
      • Annual tax amount: $468
      • Price range: $89K - $89K
      • Date on market: 4/3/2026
      • Cumulative days on market: 307 days
      • Listing terms: Other (See REMARKS)

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $1,376/mo

        Price history

        DateEventPrice
        4/27/2026Price change$89,000-1.1%$61/sqft
        Source: MAAR #10218376 Report a problem
        4/3/2026Listed for sale$90,000$61/sqft
        Source: MAAR #10218376 Report a problem
        4/1/2026Listing removed$90,000$61/sqft
        Source: MAAR #10206210 Report a problem
        1/31/2026Price change$90,000-3.7%$61/sqft
        Source: MAAR #10206210 Report a problem
        1/30/2026Price change$93,500-1.1%$64/sqft
        Source: MAAR #10206210 Report a problem
        10/28/2025Price change$94,500-0.5%$64/sqft
        Source: MAAR #10206210 Report a problem
        9/22/2025Listed for sale$95,000$65/sqft
        Source: MAAR #10206210 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$821 +75.6%$15,575 +119.4%
        2024$468 +8.1%$7,100
        2023$433 $7,100
        2022-- $7,100
        2021-- $7,100 +4%
        2020$218 $6,825
        2019$218 -21.1%$6,825
        2018$276 -45.1%$6,825
        2017$504 +110.9%$6,825 -2.8%
        2016$239 -40.9%$7,025
        2014$404 $7,025
        2013-- $7,025 -44.6%
        2012-- $12,675
        2011-- $12,675
        2010-- $12,675
        2009-- $12,675 -13.2%
        2008-- $14,600
        2007-- $14,600
        2006-- $14,600
        2005-- $14,600 +7.9%
        2004-- $13,525
        2003-- $13,525
        2002-- $13,525
        2001-- $13,525 +5.5%
        2000-- $12,825
        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.
        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.
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        Climate risks

        Neighborhood: Parkway Village-Oakhaven

        Getting around

        38 / 100
        Car-Dependent
        28 / 100
        Some Transit
        40 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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