This property is leased at $995 per month ($11,940 annually) through 05/17/2028, with a cash-on-cash return of 3.46% and a monthly cash flow of $98.01. "All investment figures are estimates and verified independently by buyer." Investor-friendly opportunity in a consistent Memphis rental market. This well-maintained home offers a functional layout with comfortable living spaces, durable finishes, and good natural light throughout. Recent updates enhance efficiency and help reduce ongoing maintenance. The kitchen features ample cabinetry and practical flow, while the property shows solid condition inside and out with strong curb appeal and usable outdoor space. Conveniently located near schools, shopping, and major routes, supporting steady rental demand and long-term appreciation potential. A dependable addition to any portfolio. Financials available upon request. No wholesalers, assignments, or creative financing! PROFESSIONALLY MANAGED IN-HOUSE
For sale
$110,000
4990 Newton Rd, Memphis, TN 38109
3beds
1,196sqft
Single Family Residence
Built in 1958
10,454 Square Feet Lot
$-- Zestimate®
$92/sqft
$-- HOA
What's special
Well-maintained homeStrong curb appealFunctional layoutGood natural light throughoutUsable outdoor spacePractical flowKitchen features ample cabinetry
- 39 days |
- 43 |
- 0 |
Zillow last checked:
Listing updated:
Listed by:
James C Wachob,
Foundation Property Management 901-633-1484
Source: MAAR,MLS#: 10213612
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
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: Hardwood
- Has fireplace: No
Interior area
- Total interior livable area: 1,196 sqft
Property
Parking
- Parking features: Driveway/Pad
- Has uncovered spaces: Yes
Features
- Stories: 1
- Exterior features: Other (See REMARKS)
- Pool features: None
Lot
- Size: 10,454 Square Feet
- Dimensions: 76 x 140
- Features: Level
Details
- Parcel number: 076124 00014
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Single Family Residence
Condition
- New construction: No
- Year built: 1958
Community & HOA
Community
- Subdivision: Holmes Rd 1st Addn
Location
- Region: Memphis
Financial & listing details
- Price per square foot: $92/sqft
- Tax assessed value: $114,600
- Annual tax amount: $1,510
- Price range: $110K - $110K
- Date on market: 5/11/2026
- Cumulative days on market: 129 days
Estimated market value
Not available
Estimated sales range
Not available
$1,165/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/12/2026 | Listing removed | $995$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 5/11/2026 | Listed for sale | $110,000$92/sqft |
Source: | ||
| 4/7/2026 | Price change | $995-9.1%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 2/16/2026 | Listing removed | $110,000$92/sqft |
Source: | ||
| 2/10/2026 | Listed for rent | $1,095-0.5%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 1/26/2026 | Listed for sale | $110,000+50.7%$92/sqft |
Source: | ||
| 5/13/2025 | Listing removed | $1,100$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 4/29/2025 | Listed for rent | $1,100+0.5%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 12/30/2024 | Listing removed | $1,095$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 10/14/2024 | Listed for rent | $1,095+22.3%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 8/30/2021 | Listing removed | -- |
Source: Zillow Rental Network Premium Report a problem | ||
| 8/20/2021 | Listed for rent | $895+8.5%$1/sqft |
Source: Zillow Rental Network Premium Report a problem | ||
| 4/18/2019 | Listing removed | $825$1/sqft |
Source: Renshaw Property Management Report a problem | ||
| 3/20/2019 | Sold | $73,000+190.8%$61/sqft |
Source: Public Record Report a problem | ||
| 2/15/2019 | Listed for rent | $825$1/sqft |
Source: Renshaw Property Management Report a problem | ||
| 2/13/2019 | Sold | $25,100$21/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,510 +14.7% | $28,650 +43.3% |
| 2024 | $1,317 +8.1% | $20,000 |
| 2023 | $1,218 | $20,000 |
| 2022 | -- | $20,000 |
| 2021 | -- | $20,000 +93.7% |
| 2020 | $330 | $10,325 |
| 2019 | $330 -21.1% | $10,325 |
| 2018 | $418 -45.1% | $10,325 |
| 2017 | $762 +126.4% | $10,325 +4.3% |
| 2016 | $337 -17.9% | $9,900 |
| 2014 | $410 | $9,900 |
| 2013 | -- | $9,900 -23% |
| 2012 | -- | $12,850 |
| 2011 | -- | $12,850 |
| 2010 | -- | $12,850 |
| 2009 | -- | $12,850 -14.6% |
| 2008 | -- | $15,050 |
| 2007 | -- | $15,050 |
| 2006 | -- | $15,050 |
| 2005 | -- | $15,050 +9.1% |
| 2004 | -- | $13,800 |
| 2003 | -- | $13,800 |
| 2002 | -- | $13,800 |
| 2001 | -- | $13,800 +15% |
| 2000 | -- | $12,000 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.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: White Haven-Coro Lake
Nearby schools
GreatSchools rating
- 4/10Geeter SchoolGrades: PK-8Distance: 1.1 mi
- 5/10Fairley High SchoolGrades: 9-12Distance: 0.2 mi
A local agent can set up tours, give advice and negotiate with sellers.
- Tennessee
- Shelby County
- Memphis
- 38109
- White Haven-Coro Lake
- 4990 Newton Rd
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Nearby neighborhoods
- Cordova-Appling Real estate
- Downtown Real estate
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- Midtown Real estate
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- Raleigh Real estate
- River Oaks-Kirby-Balmoral Real estate
- Shelby Forest-Frayser Real estate
- White Haven-Coro Lake Real estate



