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  • Zillow Home logoZestimate®
    $108,600

    987 Parkhaven Ln, Memphis, TN 38111

    2beds
    1,471sqft
    Single Family Residence
    Built in ----
    -- sqft lot
    $108,600 Zestimate®
    $74/sqft
    $1,133 Estimated rent

    Home value

    $108,600

    $88,000 - $128,000

    $1,133/mo

    Zestimate® history
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    What's special

    Deck patio areaLarge backyardLarge fenced-in feel backyardDriveway parkingDedicated dining areaSizable laundry roomWasher and dryer included

    Available now - 2 bedroom, 1 bath house for rent in Sherwood Forest (38111) with washer and dryer included, a large backyard, and a deck patio area. This 1,471 square foot home has more livable space than most 2-bedroom rentals in the area. The living room is large, and there is a separate sitting area plus a dedicated dining area, so you are not stuck eating where you relax. A walk-in closet adds extra storage beyond the bedroom closets, and the laundry room is sized to work in, not just to fit a stackable unit - washer and dryer are included, so there is nothing to buy or haul in. The kitchen comes with the refrigerator, stove, and dishwasher, and the home has central heat and air throughout. Out back is a large, fenced-in feel backyard with a deck patio area, perfect for grilling out or just sitting outside, plus driveway parking. Lease terms run 12 to 24 months, so you can lock in longer if that works better for you. The security deposit is the same as one month's rent, and monthly lawn service is included in the rent - one less thing to manage yourself. FEATURES - 2 bedrooms / 1 full bathroom - 1,471 square feet - Large living room - Walk-in closet with additional storage - Sizable laundry room with washer and dryer included - Additional sitting area - Separate dining area - Refrigerator, stove, and dishwasher included - Central heat and air - Large backyard with deck patio area - Driveway parking - Monthly lawn service included in rent - Pets considered case-by-case, pet fee and deposit apply Sherwood Forest sits just east of the University of Memphis, bordered by Park Ave, Rhodes Ave, and Getwell Rd. It is a quick drive to I-240 - about 15 minutes to Downtown Memphis and 20 minutes to the FedEx World Hub via I-240/I-55. Getwell Rd puts groceries and everyday shopping within a few minutes. Zoned for Memphis-Shelby County Schools (Sherwood Elementary and Sherwood Middle). TERMS Rent: $1,250/month (includes monthly lawn service) Security Deposit: $1,250 (same as one month's rent) Available: Now Lease Term: 12 to 24 months Pets: Considered case-by-case - monthly pet fee and non-refundable pet deposit required Utilities: Tenant responsible for all utilities (MLGW, water, gas, electric) APPLICATION REQUIREMENTS - Application & Background Check: FREE - Security Deposit Same as First Month's Rent - 12 Month to 2 Year Lease Terms - Income must be 3x the rent - No evictions or rental judgments in the last 3 years - Utilities must be in tenant's name - MLGW account must be in good standing - All adults (18+) must apply - Criminal background reviewed case-by-case - Pets considered case-by-case - monthly pet fee and non-refundable pet deposit apply Questions? Grind City Property Management - Equal Housing Opportunity.

    This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.

    Zillow last checked:

    Listing updated:

    Source: Zillow Rentals

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 1
    • Full bathrooms: 1
    Features
    • Walk In Closet
    Interior area
    • Total interior livable area: 1,471 sqft

    Property

    Parking
    • Details: Contact manager
    Details
    • Parcel number: 05804600027

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence

    Community & HOA

    Community
    • Deposit fee: $1,250
    Location
    • Region: Memphis

    Financial & listing details

    • Price per square foot: $74/sqft
    • Tax assessed value: $111,800
    • Annual tax amount: $1,473
    • Date on market: 9/8/2026
    • Date available: 09/11/2026
    • Lease term: Contact For Details

    Price history

    DateEventPrice
    9/22/2026Listing removed$1,250$1/sqft
    Source: Zillow Rentals Report a problem
    9/8/2026Listed for rent$1,250-3.5%$1/sqft
    Source: Zillow Rentals Report a problem
    9/3/2022Listing removed--
    Source: Zillow Rental Manager Report a problem
    8/27/2022Price change$1,295+1.6%$1/sqft
    Source: Zillow Rental Manager Report a problem
    8/6/2022Price change$1,275-1.9%$1/sqft
    Source: Zillow Rental Manager Report a problem
    8/5/2022Listed for rent$1,300+4%$1/sqft
    Source: Zillow Rental Manager Report a problem
    7/11/2022Listing removed--
    Source: Zillow Rental Manager Report a problem
    6/11/2022Listed for rent$1,250+42.9%$1/sqft
    Source: Zillow Rental Manager Report a problem
    2/25/2021Listing removed--
    Source: Owner Report a problem
    6/14/2020Listing removed$875$1/sqft
    Source: Owner Report a problem
    5/28/2020Listed for rent$875$1/sqft
    Source: Owner Report a problem
    9/14/2019Listing removed$875$1/sqft
    Source: Owner Report a problem
    8/14/2019Listed for rent$875+10.1%$1/sqft
    Source: Owner Report a problem
    11/3/2017Listing removed$795$1/sqft
    Source: Owner Report a problem
    10/3/2017Listed for rent$795$1/sqft
    Source: Owner Report a problem
    7/9/2013Sold$45,000-18.9%$31/sqft
    Source: Public Record Report a problem
    6/11/1996Sold$55,500$38/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$1,473 +16.4%$27,950 +45.4%
    2024$1,266 +8.1%$19,225
    2023$1,171 $19,225
    2022-- $19,225
    2021-- $19,225 +34.9%
    2020$455 $14,250
    2019$455 -21.1%$14,250
    2018$577 -45.1%$14,250
    2017$1,052 +117.1%$14,250
    2016$485 -16.3%$14,250
    2014$579 $14,250
    2013-- $14,250 -21.5%
    2012-- $18,150
    2011-- $18,150
    2010-- $18,150
    2009-- $18,150 +6.9%
    2008-- $16,975
    2007-- $16,975
    2006-- $16,975
    2005-- $16,975 +24.1%
    2004-- $13,675
    2003-- $13,675
    2002-- $13,675
    2001-- $13,675 +1.3%
    2000-- $13,500
    Find assessor info on the county website

    Neighborhood: Colonial-Yorkshire

    Nearby schools

    GreatSchools rating
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    $108,600
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    With Zillow Showcase(estimated)
    $110,772
    Sell for more on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
    $108,600
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    +$2,172
    With Zillow Showcase(estimated)
    $110,772