Fantastic investment opportunity in the Shelby area. This 2br/1 bath single-family home is in the 38111 area. Cash flowing with a monthly rental amount of $995/month. Currently on MTM. No showings without an accepted offer. No wholesaler offers or offers with assignment of contract language will be accepted.
For sale
$134,900
556 Lundee St, Memphis, TN 38111
2beds
873sqft
Single Family Residence
Built in 1944
0.25 Acres Lot
$129,300 Zestimate®
$155/sqft
$-- HOA
What's special
- 138 days |
- 85 |
- 4 |
Zillow last checked:
Listing updated:
Listed by:
Dean Harris,
CrestCore Realty MphsBrokerage 901-385-3119
Source: MAAR,MLS#: 10214850
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full 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
- Other (See REMARKS)
Cooling
- Other (See REMARKS)
Features
- Other (See Remarks), Square Feet Source: AutoFill (MAARdata) or Public Records (Cnty Assessor Site)
- Has fireplace: No
Interior area
- Total interior livable area: 873 sqft
Property
Parking
- Total spaces: 1
- Parking features: Other (See REMARKS)
- Covered spaces: 1
Features
- Stories: 1
- Exterior features: Other (See REMARKS)
- Pool features: None
Lot
- Size: 0.25 Acres
- Dimensions: 53 x 213
- Features: Other (See Remarks)
Details
- Parcel number: 045039 00040
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Other (See Remarks)
- Property subtype: Single Family Residence
Condition
- New construction: No
- Year built: 1944
Community & HOA
Community
- Subdivision: Buntyn
Location
- Region: Memphis
Financial & listing details
- Price per square foot: $155/sqft
- Tax assessed value: $125,000
- Annual tax amount: $1,647
- Price range: $134.9K - $134.9K
- Date on market: 2/18/2026
- Cumulative days on market: 139 days
Estimated market value
$129,300
$123,000 - $136,000
$1,028/mo
Price history
| Date | Event | Price |
|---|---|---|
| 2/18/2026 | Listed for sale | $134,900+7.9%$155/sqft |
Source: | ||
| 9/13/2024 | Listing removed | $895$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 8/1/2024 | Price change | $895-10.1%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 7/17/2024 | Price change | $995-9.5%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 7/15/2024 | Listed for rent | $1,100$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 7/11/2024 | Sold | $125,000+720.5%$143/sqft |
Source: Public Record Report a problem | ||
| 8/25/2014 | Sold | $15,234-17.7%$17/sqft |
Source: Public Record Report a problem | ||
| 8/1/2014 | Listed for sale | $18,500-51.9%$21/sqft |
Source: Omni Realtors, Inc #9932622 Report a problem | ||
| 7/30/2001 | Sold | $38,500$44/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,647 +117% | $31,250 +171.1% |
| 2024 | $759 +8.1% | $11,525 |
| 2023 | $702 | $11,525 |
| 2022 | -- | $11,525 |
| 2021 | -- | $11,525 +57.3% |
| 2020 | $234 | $7,325 |
| 2019 | $234 -21.1% | $7,325 |
| 2018 | $297 -45.1% | $7,325 |
| 2017 | $541 +92.2% | $7,325 -11.5% |
| 2016 | $281 -21.4% | $8,275 |
| 2014 | $358 | $8,275 |
| 2013 | -- | $8,275 -26.3% |
| 2012 | -- | $11,225 |
| 2011 | -- | $11,225 |
| 2010 | -- | $11,225 |
| 2009 | -- | $11,225 -31.7% |
| 2008 | -- | $16,425 |
| 2007 | -- | $16,425 |
| 2006 | -- | $16,425 |
| 2005 | -- | $16,425 +47.6% |
| 2004 | -- | $11,125 |
| 2003 | -- | $11,125 |
| 2002 | -- | $11,125 |
| 2001 | -- | $11,125 +16.8% |
| 2000 | -- | $9,525 |
Find assessor info on the county website
Monthly payment
Est. payment$--/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.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: East Memphis-Colonial-Yorkshire
Nearby schools
GreatSchools rating
- NAHanley Elementary SchoolGrades: PK-5Distance: 0.5 mi
- 5/10Sherwood Middle SchoolGrades: 6-8Distance: 1.7 mi
- 3/10Melrose High SchoolGrades: 9-12Distance: 0.8 mi
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
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