Colonial Acres CORNER LOT 3-bedroom rental! Investors, come on and add this one to your portfolio - with the growing owner-occupant population here, investment properties are getting tougher to find! Get with your Agent and get your offer in ASAP! A little work and market rents are near $1,500+ with an ARV around $240,000 Tenant-occupied for $1,400 - do NOT disturb tenants. No showings/inspections until accepted contract.
Single-familyProperty Type
1957Year Built
8,712 sq ftLot Size
$127Est. Price/Sq.Ft.
1 spaceParking
Listed by Randall Weatherall• Memphis Metro Realty
Bought with Randall Weatherall• Memphis Metro Realty
Memphis Area Association of Realtors(R) MLS #10132121
Oct 13, 2022
Sold
$159,000
$133/sq ft
Aug 26, 2022
Listed
$199,900
$167/sq ft
Memphis Area Association of Realtors(R) MLS #10027559
Jun 18, 2018
Sold
$75,000
$63/sq ft
May 21, 2018
Listed
$74,900
$62/sq ft
3BR, 1BA home with all h/w floors, Corner lot, single carport, fenced yard. Great for first time buyers. Large LR, eat-in kitchen. Central Heat & Air. New windows less than 2 yrs old, newer gutters, tile floor in kitchen. Can't be shown til Wednesday, May 23rd.
Memphis Area Association of Realtors(R) MLS #303432
Mar 31, 2000
Sold
$74,900
$62/sq ft
Feb 19, 2000
Listed
$74,900
$62/sq ft
2 OR 3 BEDROOM-3BR USED AS OFFICE!VERY CUTE!BEAUTIFUL HDWE FLOORS CROWN MOLDING-LG ROOMS! HUGE MASTER W/ LOTS OF CLOSETS!RENOVATED BATH! WSHER/DRYER REFIGERATOR TO REMAIN!1-YR WARRANTY ASSUM FHA ADJUST MUST QUALIFY!
Public Records
Feb 27, 1996
Sold
$65,000
$54/sq ft
Public Records
May 20, 1992
Sold
$57,500
$48/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$1,766 (+35.6%)
$5,000 + $28,500
$33,500
2024
$1,302 (+8.1%)
$5,000 + $28,500
$33,500
2023
$1,205
$2,925 + $16,850
$19,775
2022
$1,205 (−1.2%)
$2,925 + $16,850
$19,775
2021
$1,219 (+11.9%)
$2,925 + $16,850
$19,775
2020
$1,089
$2,925 + $16,850
$19,775
2019
$1,089
$2,675 + $12,350
$15,025
2018
$1,089 (+76.3%)
$2,675 + $12,350
$15,025
2017
$618 (−14.6%)
$2,675 + $12,350
$15,025
2016
$723
$2,675 + $12,350
$15,025
2014
$723
$2,675 + $13,875
$16,550
Tax history for 1381 Cherry Rd
Year
Property tax
Land + Additions
Assessment*
2025
$1,766 (+35.6%)
$5,000 + $28,500
$33,500
2024
$1,302 (+8.1%)
$5,000 + $28,500
$33,500
2023
$1,205
$2,925 + $16,850
$19,775
2022
$1,205 (−1.2%)
$2,925 + $16,850
$19,775
2021
$1,219 (+11.9%)
$2,925 + $16,850
$19,775
2020
$1,089
$2,925 + $16,850
$19,775
2019
$1,089
$2,675 + $12,350
$15,025
2018
$1,089 (+76.3%)
$2,675 + $12,350
$15,025
2017
$618 (−14.6%)
$2,675 + $12,350
$15,025
2016
$723
$2,675 + $12,350
$15,025
2014
$723
$2,675 + $13,875
$16,550
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
3
Baths
1
Stories
1
Lot width
77 ft.
Lot depth
118 ft.
Lot size
9,711 Sq. Ft.
Year renovated
—
Sq. Ft.
1,305
Year built
1955
Style
Single Family Residential
County
Shelby County
APN
058141 00015
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 13, 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
Property details
Parking
Parking Information
# of Covered Parking Spaces: 1
Carport/Garage: Carport
Parking/Storage: Driveway/Pad, Other (See Remarks)
Interior
Bedroom Information
# of Bedrooms (Lower): 3
# of Bedrooms: 3
# of Bedrooms: 3
# of Bedrooms Down: 3
Master Bedroom Dimensions: 16 x 12
Master Bedroom Dimensions: 16 x 12
Bedroom 2 Dimensions: 11 x 12
Bedroom 2 Dimensions: 11 x 12
Bedroom 3 Dimensions: 12 x 12
Bedroom 3 Dimensions: 12 x 12
Bathroom Information
# of Baths (Full): 1
# of Bathrooms (Full): 1
Interior Features
# of Rooms: 6
# of Stories: 1
Floors/Ceilings: Tile, Other (See Remarks)
Room Information
Living Room Dimensions: 12 x 18
Dining Room Dimensions:
Den/Great Room Dimensions:
Kitchen Dimensions: 11x11
Dining Room Dimensions: 0x0
Living Room Dimensions: 12x18
Living/Dining/Kitchen: Living Room/Dining Room Combination
Den/Great Room Dimensions: 0x0
Additional Bedroom/Bathroom Info: All Bedrooms Down
Exterior
Exterior Features
Pool Description: None
Miscellaneous Exterior: Wrought Iron Security Doors
Water & Sewer: Gas Water Heater, Public Sewer, Public Water
Heating: Central, Gas
Cooling: Central
Location
Multi-Unit Information
Detached Unit Type: General Residential
Location Details
Directions: Going E on I240, take Exit 18 for S Perkins Rd. and keep left to turn left onto S Perkins. Take a left onto Quince Rd. , then a left onto Cherry Rd. The house will be on the corner of Cherry and Fizer!
MAAR Subdivision Name: PARK ACRES
Public facts
Beds: 3
Baths: 1.0
Sq. Ft.: 1,305
Stories: 1.0
Lot Size: 9,711 square feet
Style: Single Family Residential
Year Built: 1955
Year Renovated: —
County: Shelby County
APN: 058141 00015
Home facts updated by county records on Jul 13, 2026
Around this home
Schools
Willow Oaks Elementary School
Public PreK-5 • Assigned • 0.6mi
6/10
Colonial Middle School
Public 6-8 • Assigned • 0.9mi
6/10
Overton High School
Public 9-12 • Assigned • 1.0mi
3/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
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
18% chance of strong winds in next 30 years
3/10 Air Factor
2 unhealthy days expected this year, 3 days in 30 years
Provided by First Street
Historical weather
Memphis, TN • 38117
Average low and high temperatures (°F)
47
30
57
38
72
50
78
58
79
63
88
72
93
77
90
71
86
68
78
57
66
49
54
40
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 10.5 hours in
June and 4.8 hours in December, placing it above the
U.S. average for solar exposure.
10.5 hrs
4.8 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$146,000 – $176,000
Sell confidently with a local market expert in Memphis. 3 minutes to get started.
Property information provided by Memphis Area Association of Realtors(R) MLS when last listed in 2024. This data may not match public records. Learn more.