INVESTORS ONLY!! DO NOT DISTURB TENANT. SFH Rented for $895/month, managed by a Local Professional Management Company. Lease expires 7/31/2023. Tenant moved in 7/2/2022. Renovated in February 2021 including brand new AC, brand new roof, furnace and A-coil. Maintenance report and tenant payment history available upon request. Showings only with accepted offer.
Single-familyProperty Type
1949Year Built
0.4 acresLot Size
$122Est. Price/Sq.Ft.
Listed by Jeremy Veldman• KAIZEN Realty, LLC
Bought with Jeremy Veldman• KAIZEN Realty, LLC
Source:Memphis Area Association of Realtors(R) MLS #10135325
Redfin Estimate
$119,915
$8,985 since sold in February 2024$14K since August
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 62.4% higher than the average sale price ($74K) of 5 comparable homes.
INVESTORS ONLY!! DO NOT DISTURB TENANT. SFH Rented for $895/month, managed by a Local Professional Management Company. Lease expires 7/31/2023. Tenant moved in 7/2/2022. Renovated in February 2021 including brand new AC, brand new roof, furnace and A-coil. Maintenance report and tenant payment history available upon request. Showings only with accepted offer.
Memphis Area Association of Realtors(R) MLS #10135325
Nov 21, 2022
Sold
$87,000
$88/sq ft
Oct 7, 2022
Listed
$94,900
$96/sq ft
+2
INVESTORS ONLY!! DO NOT DISTURB TENANT. SFH Rented for $895/month, managed by a Local Professional Management Company. Lease expires 7/31/2023. Tenant moved in 7/2/2022. Renovated in February 2021 including brand new AC, brand new roof, furnace and A-coil. Maintenance report and tenant payment history available upon request. Showings only with accepted offer.
Public Records
Jun 30, 2021
Sold
$82,500
$84/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$1,695 (+24.6%)
$2,050 + $30,100
$32,150
2024
$1,360 (+8.1%)
$2,050 + $30,100
$32,150
2023
$1,258
$1,300 + $19,350
$20,650
2022
$1,258 (+286.9%)
$1,300 + $19,350
$20,650
2021
$325 (−18.4%)
$1,300 + $19,350
$20,650
2020
$399
$1,300 + $3,975
$5,275
2019
$399
$1,300 + $4,200
$5,500
2018
$399 (+76.3%)
$1,300 + $4,200
$5,500
2017
$226 (−5.8%)
$1,300 + $4,200
$5,500
2016
$240
$1,300 + $4,200
$5,500
2014
$240
$1,300 + $4,200
$5,500
Tax history for 2226 E Alcy Rd
Year
Property tax
Land + Additions
Assessment*
2025
$1,695 (+24.6%)
$2,050 + $30,100
$32,150
2024
$1,360 (+8.1%)
$2,050 + $30,100
$32,150
2023
$1,258
$1,300 + $19,350
$20,650
2022
$1,258 (+286.9%)
$1,300 + $19,350
$20,650
2021
$325 (−18.4%)
$1,300 + $19,350
$20,650
2020
$399
$1,300 + $3,975
$5,275
2019
$399
$1,300 + $4,200
$5,500
2018
$399 (+76.3%)
$1,300 + $4,200
$5,500
2017
$226 (−5.8%)
$1,300 + $4,200
$5,500
2016
$240
$1,300 + $4,200
$5,500
2014
$240
$1,300 + $4,200
$5,500
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Zoning and permits
Zoning
Permits
RU-3
Residential Urban-3 District
Residential development in the RU-3 District allows a variety of housing types including single-family detached (conventional, side yard house, Cottage), single-family attached (semi-attached, two-family, townhouse), and multifamily (large home, stacked townhouse, apartment). New RU-3 districts are generally located in an infill or redevelopment location where similar lot sizes are part of the original fabric of development. Additionally, RU-3 districts should have a shared street network with and are generally located at least 500 ft from a CMU-1, CMU2, CMU-3, or CBD district or are within 500 ft of an arterial.
Permitted uses
Include but are not limited to:
Religious facility
Housing-Single unit
Housing-Multiple units
Housing-Senior
Infrastructure
Educational/school
Fire house
Police station
Recreation
Park & open space
May 26, 2021 • Final
Residential mechanical
Install a new condenser, air conditioning coil, and furnace. Repair the gas line and ductwork, perform a gas pressure test, and install a new gas water heater.
Gas
HVAC
Plumbing
May 4, 2021 • Final
Residential mechanical permit amendment
Remove a gas water heater.
HVAC
Plumbing
Water heater
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.
Property details
Interior
Basement Information
Basement Type: Crawl-Space
Bathroom Information
# of Full Baths: 1
Heating & Cooling
Air Conditioning Type: Central and Unit
Heating Fuel Type: Gas
Heating Type: Central
Room Information
# of Rooms: 5
Exterior
Exterior Information
Physical Condition: Average
Building Style Type: Cottage/Bungalow
Exterior Wall: Brick Veneer
Roof Covering Type: Composition Shingle
Roof Shape Type: Hip
Property Information
Subdivision Name: PEARLMAN PHILIP RE
Living Sq. Ft: 985
Ground Floor Sq. Ft: 985
Building Sq. Ft: 985
# of Stories: 1
Stories Type: 1
Parking & Garage Information
Parking Type: Carport
Garage/Parking Sq. Ft: 228
Garage / Carport Type: Carport
Lot Information
# of Buildings: 1
Land Sq. Ft: 17,608
Legal Lot Number: 1&2
Municipality Name: MEMPHIS
Acres: 0.4042
Depth Footage: 358
Front Footage: 102
Zoning Code: RU-3
County Use Description: SINGLE FAMILY
Financial
Assessor Information
Assessment Year: 2026
Public facts
Beds: 2
Baths: 1.0
Sq. Ft.: 985
Stories: 1.0
Lot Size: 0.4 acres
Style: Single Family Residential
Year Built: 1949
Year Renovated: 2007
County: Shelby County
APN: 060112 00045
Home facts updated by county records on Jul 13, 2026
Around this home
Schools
Alcy Elementary School
Public PreK-5 • Assigned • 0.9mi
3/10
Hamilton High School
Public 9-12 • Assigned • 2.2mi
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
3/10 Fire Factor
0.15% chance of being 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
16% 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 • 38114
Average low and high temperatures (°F)
46
30
56
38
70
50
77
58
78
63
88
72
92
77
89
72
85
68
77
57
65
49
54
39
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
$114,000 – $138,000
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