Great Occupied investment Opportunity! This property is currently occupied by a tenant who is paying $995 per month and is on a lease from 08/04/2025 - 08/03/2026. There is professional property management in place with Reedy and Company. No wholesale or creative financing offers. No showings without an accepted offer.
For sale
Price cut: $5K (7/27)
$122,900
5071 Neely Rd, Memphis, TN 38109
3beds
1,005sqft
:
Get pre-qualified$863/mo
Single Family Residence
Built in 1958
10,454 Square Feet Lot
$-- Zestimate®
$122/sqft
$-- HOA
What's special
- 131 days |
- 35 |
- 0 |
Zillow last checked:
Listing updated:
Listed by:
Alex Evans,
Reedy & Company, REALTORS 901-842-0805
Source: MAAR,MLS#: 10217637
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
Primary bedroom
- Dimensions: 0 x 0
Dining room
- Dimensions: 0 x 0
Kitchen
- Features: Updated/Renovated Kitchen
Living room
- Features: LR/DR Combination
- 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: Wood Laminate Floors, Tile
- Basement: Crawl Space
- Has fireplace: No
Interior area
- Total interior livable area: 1,005 sqft
Property
Parking
- Total spaces: 1
- Parking features: Driveway/Pad
- Covered spaces: 1
- Has uncovered spaces: Yes
Features
- Stories: 1
- Pool features: None
Lot
- Size: 10,454 Square Feet
- Dimensions: 78 x 136
- Features: Level
Details
- Parcel number: 076128 00014
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Single Family Residence
Materials
- Brick Veneer
- Roof: Composition Shingles
Condition
- New construction: No
- Year built: 1958
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Security: Wrought Iron Security Drs
- Subdivision: Holmes Rd 1st Addn
Location
- Region: Memphis
Financial & listing details
- Price per square foot: $122/sqft
- Tax assessed value: $113,000
- Annual tax amount: $1,489
- Price range: $122.9K - $122.9K
- Date on market: 3/25/2026
- Cumulative days on market: 132 days
Estimated market value
Not available
Estimated sales range
Not available
$1,097/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/27/2026 | Price change | $122,900-3.9%$122/sqft |
Source:  MAAR #10217637 Report a problem | ||
| 3/25/2026 | Listed for sale | $127,900+82.7%$127/sqft |
Source: MAAR #10217637 Report a problem | ||
| 7/15/2025 | Listing removed | $1,035$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 7/3/2025 | Listed for rent | $1,035+44.8%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 4/24/2019 | Sold | $70,000+174.5%$70/sqft |
Source: MAAR #10049414 Report a problem | ||
| 3/20/2019 | Listing removed | $715$1/sqft |
Source: Reedy & Company Report a problem | ||
| 3/14/2019 | Listed for rent | $715+19.2%$1/sqft |
Source: Reedy & Company Report a problem | ||
| 2/21/2019 | Sold | $25,500$25/sqft |
Source: Public Record Report a problem | ||
| 1/10/2019 | Listing removed | $600$1/sqft |
Source: DCC Rentals LLC Report a problem | ||
| 11/2/2018 | Listed for rent | $600$1/sqft |
Source: DCC Rentals LLC Report a problem | ||
| 7/11/2018 | Listing removed | $600$1/sqft |
Source: DCC Rentals LLC Report a problem | ||
| 6/19/2018 | Price change | $600-20%$1/sqft |
Source: DCC Rentals LLC Report a problem | ||
| 5/26/2018 | Listed for rent | $750$1/sqft |
Source: DCC Rentals LLC Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,489 +21.7% | $28,250 +52.1% |
| 2024 | $1,223 +8.1% | $18,575 |
| 2023 | $1,132 | $18,575 |
| 2022 | -- | $18,575 |
| 2021 | -- | $18,575 +91.5% |
| 2020 | $310 | $9,700 |
| 2019 | $310 -21.1% | $9,700 |
| 2018 | $393 -45.1% | $9,700 |
| 2017 | $716 +125.8% | $9,700 +4% |
| 2016 | $317 -17.7% | $9,325 |
| 2014 | $385 | $9,325 |
| 2013 | -- | $9,325 -22.8% |
| 2012 | -- | $12,075 |
| 2011 | -- | $12,075 |
| 2010 | -- | $12,075 |
| 2009 | -- | $12,075 -12.8% |
| 2008 | -- | $13,850 |
| 2007 | -- | $13,850 |
| 2006 | -- | $13,850 |
| 2005 | -- | $13,850 +5.3% |
| 2004 | -- | $13,150 |
| 2003 | -- | $13,150 |
| 2002 | -- | $13,150 |
| 2001 | -- | $13,150 +16.9% |
| 2000 | -- | $11,250 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.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: 0.4 mi
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A local agent can set up tours, give advice and negotiate with sellers.
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