Address
5071 Neely Rd, Memphis, TN
Price
$ 122,900
Property Attributes
  • MLS#10217637
  • TypeSingle Family
  • Listing Status Active
  • CountySHELBY
  • CityMemphis
  • AreaWhitehaven-Fairley
  • NeighborhoodHOLMES RD 1ST ADD
  • Zip38109
  • StyleTraditional
  • Year Built1958
  • Taxes$ 1489
  • Price$ 122,900
  • Bedrooms3
  • Full Bathrooms1
  • Half Bathrooms0
  • Sqr Footage1005
  • Lot Size0.24 Acres
Data Source:
Memphis MLS (MAAR)
Property Description

Great Occupied investment Opportunity! This property is currently occupied by a tenant who is paying $995 per month and is on a lease from 08/04/2025 - 08/03/2026. There is professional property management in place with Reedy and Company. No wholesale or creative financing offers. No showings without an accepted offer.

Price History
3/25/2026 Listed $127,900
7/27/2026 4$122,900

General Features

Heating Central
Cooling Central
Roof Composition Shingles
Status Active
Full Baths 1
Legal Subdivision Name HOLMES RD 1ST ADDN
Style Traditional
Stories Count 1
County Shelby
Class Residential
Type Detached Single Family
Condo No
Area 767C
Parcel Number 076128 00014
Status Active
Annual City Tax 729
Annual County Tax 760
Sale/Rent For Sale
Area Whitehaven/Fairley
Service Type Full Service Listing
Neighborhood Association None
Year Built 1958
Directions From Hwy 61 S go east on Shelby Dr,turn right on Neely Rd,house is on the right
City Memphis
DOM 176

Interior Features

Living Room LR/DR Combination,Updated/Renovated Kitchen
Beds 3
Total Baths 1
Number of Rooms 6
Downstairs Bedrooms 3
FLOORS/CEILINGS Wood Laminate Floors,Tile

Exterior Features

Foundation Conventional
Pool None
Lot 213
Lot Size Area 0.24
Water & Sewer Public Sewer,Public Water
Lot Size 78X136
Parking Display C1A
Lot Description Level
# Covered Parking Spaces 1
PARKING/STORAGE Driveway/Pad
EXTERIOR/WINDOWS Brick Veneer
Misc. Exterior Wrought Iron Security Drs

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 38109

Price
AVG $110K
$120K
Taxes
AVG $1,227
$1,489
Year Built
AVG 1963
1958
Visits
AVG 81
189
Data Provided by Inside Real Estate®