Why search for your next investment when this one is already working? This beautifully renovated three-bedroom, one-and-a-half-bath home offers 1,366 square feet of refreshed living space, a spacious and functional layout, separate living and dining areas, central heating and air, and an expansive half-acre lot. Best of all, the property is currently leased for $1,650 per month through August 15, 2027, providing immediate rental income with a tenant already in place. Add this portfolio-ready opportunity to your collection before another investor does! Tenant occupied; please do not disturb. This property is 1 of 30 in the portfolio for sale.
For sale
$167,000
988 Michael Cv, Memphis, TN 38116
3beds
1,366sqft
Single Family Residence
Built in 1951
0.57 Acres Lot
$164,600 Zestimate®
$122/sqft
$-- HOA
What's special
One-and-a-half-bath homeBeautifully renovated three-bedroomExpansive half-acre lotSpacious and functional layoutCentral heating and air
- 28 days
- 342
- 32
Zillow last checked:
Listing updated:
Listed by:
Caleb Hall,
Keller Williams 901-221-5100
Source: MAAR,MLS#: 10229965
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
Primary bedroom
- Width: 0
Dining room
- Width: 0
Living room
- Width: 0
Den
- Width: 0
Heating
- Central
Cooling
- Central Air
Features
- Other (See Remarks), 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: Other (See REMARKS)
- Covered spaces: 1
Features
- Stories: 1
- Exterior features: Other (See REMARKS)
- Pool features: None
Lot
- Size: 0.57 Acres
- Dimensions: 52 x 193
- Features: Level
Details
- Parcel number: 077030 00020
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Single Family Residence
Condition
- New construction: No
- Year built: 1951
Community & HOA
Community
- Subdivision: Lacey Mosbys Whitehaven Park 1st Addn
Location
- Region: Memphis
Financial & listing details
- Price per square foot: $122/sqft
- Tax assessed value: $116,800
- Annual tax amount: $1,539
- Price range: $167K - $167K
- Date on market: 9/8/2026
Estimated market value
$164,600
$156,000 - $173,000
$1,522/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/8/2026 | Listed for sale | $167,000+108.7%$122/sqft |
Source: | ||
| 8/17/2026 | Listed for rent | $1,650$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 8/17/2026 | Listing removed | $1,650$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 7/14/2026 | Listed for rent | $1,650+127.6%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 6/9/2026 | Sold | $80,000+1.3%$59/sqft |
Source: | ||
| 5/22/2026 | Pending sale | $79,000$58/sqft |
Source: | ||
| 5/6/2026 | Price change | $79,000-12.2%$58/sqft |
Source: | ||
| 4/25/2026 | Pending sale | $90,000$66/sqft |
Source: | ||
| 3/28/2026 | Listed for sale | $90,000-9.1%$66/sqft |
Source: | ||
| 10/1/2024 | Listing removed | $99,000$72/sqft |
Source: | ||
| 7/19/2024 | Price change | $99,000-7.5%$72/sqft |
Source: | ||
| 5/22/2024 | Listed for sale | $107,000+214.7%$78/sqft |
Source: | ||
| 8/19/2015 | Sold | $34,000-15%$25/sqft |
Source: | ||
| 8/12/2015 | Listed for sale | $40,000$29/sqft |
Source: 4 Success Realty, LLC #9945907 Report a problem | ||
| 4/9/2015 | Listing removed | $40,000$29/sqft |
Source: 4 SUCCESS REALTY LLC #9945907 Report a problem | ||
| 4/2/2015 | Listing removed | $725-3.3%$1/sqft |
Source: 4 Success Realty, LLC #9947344 Report a problem | ||
| 3/20/2015 | Listed for rent | $750$1/sqft |
Source: 4 Success Realty, LLC #9947344 Report a problem | ||
| 2/26/2015 | Listed for sale | $40,000+158.1%$29/sqft |
Source: 4 SUCCESS REALTY LLC #9945907 Report a problem | ||
| 10/28/2014 | Sold | $15,500-6.1%$11/sqft |
Source: | ||
| 10/7/2014 | Price change | $16,500-17.1%$12/sqft |
Source: Homepath #9933253 Report a problem | ||
| 9/6/2014 | Price change | $19,900-24.9%$15/sqft |
Source: Homepath #9933253 Report a problem | ||
| 8/8/2014 | Listed for sale | $26,500-26.5%$19/sqft |
Source: Fast Track Realty, LLC #9933253 Report a problem | ||
| 7/31/2014 | Sold | $36,040$26/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,539 +28.4% | $29,200 +60.4% |
| 2024 | $1,199 +8.1% | $18,200 |
| 2023 | $1,109 | $18,200 |
| 2022 | -- | $18,200 |
| 2021 | -- | $18,200 +26.6% |
| 2020 | $459 | $14,375 |
| 2019 | $459 -21.1% | $14,375 |
| 2018 | $582 -45.1% | $14,375 |
| 2017 | $1,061 +101% | $14,375 -7.4% |
| 2016 | $528 -16.4% | $15,525 |
| 2014 | $631 | $15,525 |
| 2013 | -- | $15,525 -21.6% |
| 2012 | -- | $19,800 |
| 2011 | -- | $19,800 |
| 2010 | -- | $19,800 |
| 2009 | -- | $19,800 +16.5% |
| 2008 | -- | $17,000 |
| 2007 | -- | $17,000 |
| 2006 | -- | $17,000 |
| 2005 | -- | $17,000 +4% |
| 2004 | -- | $16,350 |
| 2003 | -- | $16,350 |
| 2002 | -- | $16,350 |
| 2001 | -- | $16,350 +14.5% |
| 2000 | -- | $14,275 |
Find assessor info on the county website
Monthly payment
Est. payment




