Take advantage of this outstanding income-producing investment! This rental property is located in a high-demand area with easy access to retail, restaurants, employment centers, and everyday conveniences, making it an attractive option for tenants. A fantastic addition to any investment portfolio. Please note that assignment contracts and wholesale offers will not be accepted.
Single-familyProperty Type
1951Year Built
9,147 sq ftLot Size
Listed by Dean Harris• CrestCore Realty MphsBrokerage
Nutbush, located between Highland Heights and Berclair, is a residential and commercial Memphis neighborhood with mid-century brick ranches and a storied musical legacy. The neighborhood’s energy concentrates around the Macon Rd and Graham St corridor, where barbershops, beauty salons, takeout counters, and small storefronts set a steady, everyday rhythm. Broad lawns, deep setbacks, and tidy one-story homes define many blocks, while Macon Road carries the area’s working retail spine. The Nutbush community is closely tied to the Tina Turner Museum at Flagg Grove School, a touchstone for local history. Nearby, the Memphis Brooks Museum of Art and the Memphis Zoo add cultural gravity beyond the neighborhood’s edges.
Provided by Walk Score and Local Logic
Market insights
1193 Wright Rd · $134,900
DAYS ON MARKET
1 days
The average home goes pending in 48 days.
SALE-TO-LIST
96.9%
Most homes are selling 3% below list price.
LIST PRICE
$134,900
Median sale price in this area is $259,463. (92% higher than this home)
PRICE DROP
0 price drops
26% of homes in this area have had a price drop in the past month.
Property details
Interior
Exterior
Finance
Interior features
Pull-down attic stairs
Separate living room
Separate dining room
Bedrooms
3 bedrooms, all on the first floor
Split-bedroom plan
Bathrooms
1 full bathroom
Renovated bathroom
Kitchen
Updated kitchen
Range/oven
Refrigerator
Laundry & utility
Laundry room
Washer
Dryer
Flooring
Part hardwood
Wood laminate flooring
Tile
Heating & cooling
Central gas heating
Central cooling
Ceiling fans
Exterior features
Some trees
Level corner lot
Home design
Detached single-family home
Traditional style
One story
Parking
Driveway/pad
Security
Wrought iron security doors
Construction
Built in 1951
Brick veneer
Wood/composition exterior
Wood windows
Conventional foundation
Composition shingle roof
Utilities
Public water
Public sewer
Gas water heater
Electricity and solar
View estimated energy costs and solar savings for this home
Memphis Area Association of Realtors(R) MLS #10233848
Nov 5, 2026
Listed
$134,900
TENANTTURNER2 #2
Oct 13, 2025
Rental Removed
$1,195
Oct 4, 2025
Price Changed
$1,195
Sep 10, 2025
Listed for Rent
$1,235
APPFOLIO #1
Apr 11, 2025
Rental Removed
$1,235
Apr 3, 2025
Listed for Rent
$1,235
Public Records
Jan 26, 2022
Sold
$116,500
REALTRACS #3008656
Nov 23, 2021
Sold
$116,500
+20
Welcome to your new home on the quiet shady corner lot at 1193 Wright Road. Entire home has been updated and painted including the brick exterior, roof, AC, flooring and kitchen cabinets. Updated bath has marbled tile tub surround and new fixtures. Largest bedroom could be used as a den if needed. Insulated detached workshop includes the laundry area. Kitchen features new counter tops and glass tile backsplash. New laminate flooring in living and dining rooms. Bedrooms have painted hardwood.
Memphis Area Association of Realtors(R) MLS #10111498
Nov 23, 2021
Sold
$116,500
Oct 26, 2021
Listed
$135,000
+20
Welcome to your new home on the quiet shady corner lot at 1193 Wright Road. Entire home has been updated and painted including the brick exterior, roof, AC, flooring and kitchen cabinets. Updated bath has marbled tile tub surround and new fixtures. Largest bedroom could be used as a den if needed. Insulated detached workshop includes the laundry area. Kitchen features new counter tops and glass tile backsplash. New laminate flooring in living and dining rooms. Bedrooms have painted hardwood.
Public Records
Mar 16, 2021
Sold
$108,000
Memphis Area Association of Realtors(R) MLS #10085973
Dec 11, 2020
Sold
$108,000
Sep 30, 2020
Listed
$108,000
Public Records
Jun 3, 2002
Sold
$60,000
Year
Property tax
Land + Additions
Assessment*
2025
$1,833 (+83.4%)
$4,125 + $30,650
$34,775
2024
$999 (+8.1%)
$4,125 + $30,650
$34,775
2023
$924
$2,300 + $12,875
$15,175
2022
$924 (−1.2%)
$2,300 + $12,875
$15,175
2021
$935 (+26.5%)
$2,300 + $12,875
$15,175
2020
$739
$2,300 + $12,875
$15,175
2019
$739
$2,300 + $7,900
$10,200
2018
$739 (+76.3%)
$2,300 + $7,900
$10,200
2017
$419 (−8.3%)
$2,300 + $7,900
$10,200
2016
$457
$2,300 + $7,900
$10,200
2014
$457
$2,300 + $8,175
$10,475
Public record
Public record
Zoning
Permits
Beds
3
Baths
1
Stories
1
Lot width
80 ft.
Lot depth
121 ft.
Lot size
9,261 Sq. Ft.
Year renovated
2006
Finished Sq. Ft.
1,045
Unfinished Sq. Ft.
—
Total Sq. Ft.
1,045
Year built
1951
Style
Single Family Residential
County
Shelby County
APN
053057 00011
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Oct 23, 2026.
R-6
Residential Single Family-6 District
The single-family residential districts are intended to accommodate one single-family detached principal dwelling unit per lot. These districts should be applied in areas where the land-use pattern is predominately single-family residential or where such a land use pattern is desired in the future. Five single-family residential districts are established-R-6 which are differentiated primarily on the basis of minimum lot area and setback requirements. New R-6 districts are generally located in an infill or redevelopment location where similar lot sizes are part of the original fabric of development. Additionally, R-6 districts should have a shared street network with and are generally located at least 500 to 1,000 ft from a CMU-1, CMU-2, CMU-3, or CBD district.
Permitted uses
Include but are not limited to:
Religious facility
Housing-Senior
Infrastructure
Educational / school
Fire house
Police station
Recreation
Park & open space
Oct 7, 2020 • Final
Residential mechanical
Perform an air test on a residential building.
HVAC
Oct 7, 2020 • Final
Residential electrical
Replace the electrical meter and riser.
Electrical
Electric meter
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
6/10 Heat Factor
7 days above 109° expected this year, 21 days in 30 years
4/10 Wind Factor
17% chance of strong winds in next 30 years
4/10 Air Factor
4 unhealthy days expected this year, 5 days in 30 years
Provided by First Street
Historical weather
Memphis, TN • 38122
Average low and high temperatures (°F)
47
30
57
38
71
50
78
58
79
63
89
72
93
77
90
71
88
68
75
58
65
49
54
39
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
93/ 100
Exceptional sunlight
Sunscore
This home ranks in the top 20% for direct sun exposure in Memphis. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.6 hrs
6.3 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 1193 Wright Rd
$134,758
$142 under list price of $135K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $95K to $178K.