For sale

$139,975

4956 Demeter Cv, Memphis, TN 38118

3beds

1,348sqft

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Single Family Residence

Built in 1968

9,147 Square Feet Lot

$135,800 Zestimate^®

$104/sqft

$-- HOA

What's special

Practical floor planDesirable single-level layoutQuiet coveAbundant natural lightHardwood flooringWell-maintained brick homeCentral hvac

This property is leased at $1,325 per month ($15,900 annually) through 10/21/2026, with a cash-on-cash return of 5.32% and a monthly cash flow of $183.85. "All investment figures are estimates and verified independently by buyer." Well-maintained brick home offering a strong combination of durability, functionality, and long-term rental appeal. Situated on a quiet cove, this 3-bedroom, 2-bath property features a desirable single-level layout, hardwood flooring, central HVAC, abundant natural light, and a spacious lot with ample outdoor space. The solid condition and practical floor plan help minimize future turnover costs, while the established neighborhood location supports consistent tenant demand. A turnkey addition to any investment portfolio with lasting income potential. Financials available upon request. No wholesalers, assignments, or creative financing! PROFESSIONALLY MANAGED IN-HOUSE

20 days

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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

Living room

Features: Separate 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: Tile, Vinyl
Has fireplace: No

Interior area

Total interior livable area: 1,348 sqft

Property

Parking

Total spaces: 2
Parking features: Driveway/Pad
Covered spaces: 2
Has uncovered spaces: Yes

Features

Stories: 1
Patio & porch: Porch, Patio
Pool features: None

Lot

Size: 9,147 Square Feet
Dimensions: 71 x 135
Features: Level

Details

Parcel number: 074037 B00063

Construction

Type & style

Home type: SingleFamily
Architectural style: Traditional
Property subtype: Single Family Residence

Materials

Brick Veneer

Condition

New construction: No
Year built: 1968

Community & HOA

Community

Subdivision: Tamble Terrace

Location

Region: Memphis

Financial & listing details

Price per square foot: $104/sqft
Tax assessed value: $132,300
Annual tax amount: $1,744
Price range: $140K - $140K
Date on market: 6/11/2026

Estimated market value

$135,800

$129,000 - $143,000

$1,270/mo

Price history

Date	Event	Price
6/11/2026	Listed for sale	$139,975+40.7%$104/sqft
Source: MAAR #10223717 Report a problem
9/11/2024	Listing removed	$1,325$1/sqft
Source: Zillow Rentals Report a problem
6/20/2024	Listed for rent	$1,325+39.5%$1/sqft
Source: Zillow Rentals Report a problem
4/25/2018	Sold	$99,500$74/sqft
Source: MAAR #10021481 Report a problem
3/16/2018	Listing removed	$950$1/sqft
Source: Reedy and Company Realtors, LLC Report a problem
3/2/2018	Listed for sale	$99,500+77.4%$74/sqft
Source: Reedy & Company, REALTORS #10021481 Report a problem
2/6/2018	Listed for rent	$950+5.6%$1/sqft
Source: Reedy and Company Realtors, LLC Report a problem
1/10/2018	Sold	$56,100-40.9%$42/sqft
Source: Public Record Report a problem
11/29/2017	Listed for sale	--
Source: Auction.com Report a problem
8/9/2017	Listing removed	$900$1/sqft
Source: Zillow Rental Manager Report a problem
7/19/2017	Price change	$900-5.3%$1/sqft
Source: Zillow Rental Manager Report a problem
7/2/2017	Listed for rent	$950$1/sqft
Source: Zillow Rental Manager Report a problem
8/18/2004	Sold	$94,900$70/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$1,743 +37%	$33,075 +71.2%
2024	$1,273 +8.1%	$19,325
2023	$1,177	$19,325
2022	--	$19,325
2021	--	$19,325 +1.2%
2020	$610	$19,100
2019	$610 -21.1%	$19,100
2018	$774 -45.1%	$19,100
2017	$1,410 +127.8%	$19,100 +4.9%
2016	$619 -13.9%	$18,200
2014	$719	$18,200
2013	--	$18,200 -19.3%
2012	--	$22,550
2011	--	$22,550
2010	--	$22,550
2009	--	$22,550 -5.7%
2008	--	$23,925
2007	--	$23,925
2006	--	$23,925
2005	--	$23,925 +13.7%
2004	--	$21,050
2003	--	$21,050
2002	--	$21,050
2001	--	$21,050 +16.6%
2000	--	$18,050

Find assessor info on the county website

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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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