Incredible equity or investment opportunity! This modern, single-story home was built in 2022 and features a beautiful brick veneer exterior. Inside, find an open-concept floor plan combining a separate living room, eat-in kitchen, and laminate wood floors. Boasting 4 bedrooms and 2 full baths (including a private primary suite), it offers 1,334 sq ft of comfortable living space. External features include a covered carport and a spacious fenced backyard. Located just minutes from Downtown Memphis near Hamilton High School. Offered by a highly motivated seller; potential short sale subject to bank approval. Selling as-is. Don't miss this rare, newer-construction value play!
Single-familyProperty Type
2022Year Built
7,405 sq ftLot Size
1 spaceParking
Listed by Amirio Armour• Armour and Associates Realty L
Elliston Heights, located between Summer Avenue and I-40, is a residential and commercial Memphis neighborhood with mid-century ranch homes and a corridor of international eateries. The neighborhood’s character concentrates along Summer Avenue near White Station Road, where taquerias, halal markets, panaderías, and repair shops keep the sidewalks busy. Low-slung brick houses and deep lots sit behind mature trees, while apartment communities line the main thoroughfares. The Summer Avenue corridor reads like a food atlas, with independent storefronts and late-night counters. Nearby green space and community facilities add a practical, everyday rhythm to the streetscape.
Provided by Walk Score and Local Logic
Offer insights
1551 Cane Rd · $205,000
$206K and above
75% chance or better to win
Why $206K+ is a strong offer
DAYS ON MARKET
5 days
The average home goes pending in 35 days.
SALE-TO-LIST
96.7%
Most homes are selling 3% below list price.
About offer insights
Property details
Interior
Exterior
Finance
Kitchen
Bedroom
Interior features
Living room and kitchen/dining room combo
Pull-down attic stairs
Smoke detectors
Vent hood / exhaust fan
Six total rooms
All bedrooms on main level
Laundry room
Bedrooms
Four bedrooms on the main level
Primary bedroom with walk-in closet
Primary bedroom approx. 12 x 12
Bedroom 2 approx. 11 x 11
Bedroom 3 approx. 11 x 11
Bedroom 4 approx. 11 x 10
Bathrooms
Two full bathrooms
Kitchen
Range/oven
Dishwasher
Microwave
Laundry & utility
Washer/dryer connections
Dedicated laundry room
Flooring
Wood laminate flooring
Partially carpeted areas
Tile flooring
Heating & cooling
Central heating
Central air conditioning
Exterior features
Front porch
Sidewalks
Some trees on the lot
No pool
Home design
Detached single-family home
Traditional style
Single-story
Built in 2022
Parking
One covered parking space
Driveway/pad parking
Security
Smoke detector(s)
Construction
Brick veneer exterior
Existing property (built 2022)
Utilities
Public water and sewer (standard for area)
Financial info
Financing options include Conventional, FHA, VA, Owner, and Other
Electricity and solar
View estimated energy costs and solar savings for this home
Memphis Area Association of Realtors(R) MLS #10229076
May 29, 2026
Listed
$205,000
Memphis Area Association of Realtors(R) MLS #1
Apr 14, 2026
Price Changed
$222,000
Mar 14, 2026
Price Changed
$232,000
Mar 3, 2026
Price Changed
$245,900
Memphis Area Association of Realtors(R) MLS #10141502
May 30, 2023
Sold
$235,000
Feb 6, 2023
Listed
$235,000
+15
Check out this beautiful new construction home! Minutes from Downtown Memphis and international airport. Traditional open floor plan with 4 beds 2 full baths. Luxury granite countertops and shakers style cabinets, vinyl flooring and carpet throughout, with ceiling fans in each room. 2 year ADT security system with cameras included. Schedule your showing today! Down payment and closing costs assistance available for qualified buyers!
Public Records
May 22, 2003
Sold
$56,000
Public Records
Sep 3, 1971
Sold
$5,050
Public Records
Nov 29, 1968
Sold
$5,600
Public Records
Aug 28, 1967
Sold
$6,000
Year
Property tax
Land + Additions
Assessment*
2025
$3,078 (+30.5%)
$1,675 + $56,725
$58,400
2024
$2,359 (+8.1%)
$1,675 + $56,725
$58,400
2023
$2,182 (+4,958.7%)
$700 + $35,125
$35,825
2021
$43 (−14.9%)
2020
$51
$700
2019
$51
$700
2018
$51 (+76.3%)
$700
2017
$29 (−87.0%)
$700
2014
$221
$700 + $4,375
$5,075
Public record
Public record
Zoning
Permits
Beds
4
Baths
2
Stories
1
Lot width
50 ft.
Lot depth
150 ft.
Lot size
7,250 Sq. Ft.
Year renovated
—
Finished Sq. Ft.
1,334
Unfinished Sq. Ft.
—
Total Sq. Ft.
1,334
Year built
2022
Style
Single Family Residential
County
Shelby County
APN
060056 00003
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
Dec 29, 2022 • Final
Residential new construction
Construct a new one-story single-family home with four bedrooms and two bathrooms.
New construction
Dec 28, 2022 • Final
Residential mechanical
Install a complete heating and air conditioning system. This work includes the installation of ductwork, a condenser, an evaporator coil, and an air handler with a heat kit.
HVAC
New construction
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 108° expected this year, 21 days in 30 years
4/10 Wind Factor
15% chance of strong winds in next 30 years
2/10 Air Factor
2 unhealthy days expected this year, 2 days in 30 years
Provided by First Street
Historical weather
Memphis, TN • 38106
Average low and high temperatures (°F)
46
30
56
38
70
50
76
58
78
63
87
72
92
77
90
72
85
67
77
57
65
49
54
39
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
98/ 100
Exceptional sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.2 hrs
6.2 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 1551 Cane Rd
$202,982
$2,018 under list price of $205K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $45K to $210K.