Turnkey investment opportunity! This tenant-occupied 3-bedroom, 2.5-bath townhome is currently generating $1,200 per month in rental income, offering immediate cash flow for investors. Located in the established Quail Run Townhomes community, this approximately 1,365-square-foot home features a spacious two-story floor plan, a fireplace, covered parking, and a private fenced patio.
For sale
$94,500
5523 Quail Thicket Dr #5523, Memphis, TN 38134
3beds
1,366sqft
:
Get pre-qualified$665/mo
Townhouse
Built in 1975
2,178 Square Feet Lot
$90,400 Zestimate®
$69/sqft
$-- HOA
What's special
Spacious two-story floor planCovered parkingPrivate fenced patio
- 25 days |
- 138 |
- 5 |
Zillow last checked:
Listing updated:
Listed by:
Tanika N Bland,
BEST Real Estate Company 901-407-2177
Source: MAAR,MLS#: 10226399
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Primary bedroom
- Dimensions: 0 x 0
Dining room
- Dimensions: 0 x 0
Living room
- Dimensions: 0 x 0
Den
- Dimensions: 0 x 0
Heating
- Central
Cooling
- Central Air
Features
- All Bedrooms Up, Square Feet Source: AutoFill (MAARdata) or Public Records (Cnty Assessor Site)
- Number of fireplaces: 1
Interior area
- Total interior livable area: 1,366 sqft
Property
Parking
- Total spaces: 1
- Parking features: Driveway/Pad
- Covered spaces: 1
- Has uncovered spaces: Yes
Features
- Stories: 2
- Exterior features: Other (See REMARKS)
- Pool features: Neighborhood
Lot
- Size: 2,178 Square Feet
- Dimensions: 19 x 114
Details
- Parcel number: 088047 00053C
Construction
Type & style
- Home type: Townhouse
- Architectural style: Traditional
- Property subtype: Townhouse
- Attached to another structure: Yes
Materials
- Wood/Composition
Condition
- New construction: No
- Year built: 1975
Community & HOA
Community
- Features: Other (See REMARKS)
- Subdivision: Phase A Quail Run Townhouses
Location
- Region: Memphis
Financial & listing details
- Price per square foot: $69/sqft
- Annual tax amount: $1,182
- Price range: $94.5K - $94.5K
- Date on market: 7/17/2026
Estimated market value
Zestimate®
$90,400
Estimated sales range
$86,000 - $95,000
Rent Zestimate®
$1,313/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/17/2026 | Listed for sale | $94,500+71.8%$69/sqft |
Source: | ||
| 9/15/2025 | Listing removed | $1,150$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 8/27/2025 | Price change | $1,150-2.1%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 8/4/2025 | Price change | $1,175-2.1%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 7/28/2025 | Price change | $1,200-4%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 7/10/2025 | Listed for rent | $1,250-8.1%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 6/24/2025 | Listing removed | $1,360$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 6/8/2025 | Price change | $1,360-6.2%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 6/3/2025 | Listed for rent | $1,450+3.6%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 9/13/2024 | Listing removed | $1,400$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 7/23/2024 | Listed for rent | $1,400+40%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 3/1/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 11/5/2020 | Listing removed | $1,000$1/sqft |
Source: Owner Report a problem | ||
| 10/14/2020 | Listed for rent | $1,000$1/sqft |
Source: Owner Report a problem | ||
| 10/14/2020 | Listing removed | $55,000$40/sqft |
Source: Keller Williams Realty Memphis Central #10085660 Report a problem | ||
| 9/26/2020 | Listed for sale | $55,000$40/sqft |
Source: Keller Williams Realty Memphis Central #10085660 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Raleigh
Nearby schools
GreatSchools rating
- 4/10Shelby Oaks Elementary SchoolGrades: PK-5Distance: 1.1 mi
- 4/10Kate Bond MiddleGrades: 6-8Distance: 4.5 mi
- 3/10Kingsbury High SchoolGrades: 9-12Distance: 2.7 mi
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