Pending

$205,000

640 Stephens Pl, Memphis, TN 38126

4beds

1,530sqft

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Single Family Residence

Built in 2025

7,140 Square Feet Lot

$-- Zestimate^®

$134/sqft

$-- HOA

What's special

Turnkey New Construction 4BR/2BA — Already Leased at $1,850/mo. with Powerful Buyer Incentives Step into a fresh, low-maintenance investment with immediate cash flow. This new construction, tenant-occupied 4-bedroom, 2-bathroom home is rented at $1,850 per month, delivering dependable income from day one—without the headaches of renovations or lease-up.

107 days

7

0

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 2
Full bathrooms: 2

Primary bedroom

Level: First
Area: 140
Dimensions: 10 x 14

Bedroom 2

Level: First

Bedroom 3

Level: First

Bedroom 4

Level: First

Primary bathroom

Features: Full Bath

Dining room

Dimensions: 0 x 0

Kitchen

Features: Eat-in Kitchen

Living room

Features: Great Room
Dimensions: 0 x 0

Den

Area: 192
Dimensions: 12 x 16

Heating

Central

Cooling

Central Air

Appliances

Included: Dishwasher, Range/Oven, Refrigerator
Laundry: Laundry Room

Features

All Bedrooms Down, Smooth Ceiling, Square Feet Source: Manufacturer
Flooring: Concrete
Windows: Aluminum Frames
Has fireplace: No

Interior area

Total interior livable area: 1,530 sqft

Property

Parking

Parking features: Driveway/Pad
Has uncovered spaces: Yes

Features

Stories: 1
Patio & porch: Porch
Pool features: None
Fencing: Wood,Wood Fence

Lot

Size: 7,140 Square Feet
Dimensions: 140 x 51

Details

Parcel number: 025023 00021

Construction

Type & style

Home type: SingleFamily
Architectural style: Traditional
Property subtype: Single Family Residence

Materials

Vinyl Siding
Roof: Composition Shingles

Condition

New construction: No
Year built: 2025

Community & HOA

Community

Subdivision: Stephens Blk B

Location

Region: Memphis

Financial & listing details

Price per square foot: $134/sqft
Tax assessed value: $7,000
Annual tax amount: $2,200
Price range: $205K - $205K
Date on market: 3/18/2026

James E Johnson

(901) 385-3119

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Estimated market value

Not available

Estimated sales range

Not available

$1,413/mo

Price history

Date	Event	Price
3/18/2026	Pending sale	$205,000$134/sqft
Source: MAAR #10217040 Report a problem
3/18/2026	Listed for sale	$205,000+3316.7%$134/sqft
Source: MAAR #10217040 Report a problem
5/18/2024	Listing removed	--
Source: MAAR #10167734 Report a problem
3/13/2024	Listed for sale	$6,000$4/sqft
Source: MAAR #10167734 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$92 +60.1%	$1,750 +100%
2024	$58 +8.1%	$875
2023	$53	$875
2022	--	$875
2021	--	$875
2020	$28	$875
2019	$28 -21.1%	$875
2018	$35 -45.1%	$875
2017	$65	$875
2016	--	--
2014	--	--

Find assessor info on the county website

Monthly payment

Est. payment

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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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