For sale

$89,000

4787 Townhouse Way, Memphis, TN 38118

3beds

1,471sqft

$632/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~~

161 days
80
6

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: 354 days
Listing terms: Other (See REMARKS)

Estimated market value

Not available

Estimated sales range

Not available

$1,165/mo

Price history

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

Public tax history

Year	Property taxes	Tax 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