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For sale
  • $110,000

    4990 Newton Rd, Memphis, TN 38109

    3beds
    1,196sqft
    : 
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    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
    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
    39 days
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    43
    |
    0
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    Zillow last checked:

    Listing updated:

    Listed by:

    James C Wachob,

    Foundation Property Management 901-633-1484

    Source: MAAR,MLS#: 10213612MLS Logo

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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
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        Estimated market value

        Not available

        Estimated sales range

        Not available

        $1,165/mo

        Price history

        DateEventPrice
        5/12/2026Listing removed$995$1/sqft
        Source: Zillow Rentals Report a problem
        5/11/2026Listed for sale$110,000$92/sqft
        Source: MAAR #10213612 Report a problem
        4/7/2026Price change$995-9.1%$1/sqft
        Source: Zillow Rentals Report a problem
        2/16/2026Listing removed$110,000$92/sqft
        Source: MAAR #10213612 Report a problem
        2/10/2026Listed for rent$1,095-0.5%$1/sqft
        Source: Zillow Rentals Report a problem
        1/26/2026Listed for sale$110,000+50.7%$92/sqft
        Source: MAAR #10213612 Report a problem
        5/13/2025Listing removed$1,100$1/sqft
        Source: Zillow Rentals Report a problem
        4/29/2025Listed for rent$1,100+0.5%$1/sqft
        Source: Zillow Rentals Report a problem
        12/30/2024Listing removed$1,095$1/sqft
        Source: Zillow Rentals Report a problem
        10/14/2024Listed for rent$1,095+22.3%$1/sqft
        Source: Zillow Rentals Report a problem
        8/30/2021Listing removed--
        Source: Zillow Rental Network Premium Report a problem
        8/20/2021Listed for rent$895+8.5%$1/sqft
        Source: Zillow Rental Network Premium Report a problem
        4/18/2019Listing removed$825$1/sqft
        Source: Renshaw Property Management Report a problem
        3/20/2019Sold$73,000+190.8%$61/sqft
        Source: Public Record Report a problem
        2/15/2019Listed for rent$825$1/sqft
        Source: Renshaw Property Management Report a problem
        2/13/2019Sold$25,100$21/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax 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

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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: White Haven-Coro Lake

          Getting around

          21 / 100
          Car-Dependent
          16 / 100
          Minimal Transit
          38 / 100
          Somewhat Bikeable

          Nearby schools

          GreatSchools rating

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