$149,622
$30K since sold in September 2026$27K since October
This home's estimate is 9.2% higher than the average sale price ($137K) of 6 comparable homes.
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Sold
$120,000
2
bd•
1 ba
•
1,310
sq ft
2851 Knightway Rd, Memphis, TN 38118
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About this home
This property has a projected monthly rent of $1,200. This 3-bedroom, 1-bath home offers 1,309 sq. ft. of functional living space with updates that enhance its long-term value. Features include hard-surface flooring throughout, a bright and spacious living area, an updated kitchen with shaker-style cabinetry, central heat and air, a two-car carport, and a large fenced backyard. With durable finishes, practical amenities, and a solid layout, this property presents an excellent opportunity to add a quality asset to any investment portfolio. AS IS sale. Financials available upon request. No wholesalers, assignments, or creative financing! PROFESSIONALLY MANAGED IN-HOUSE
Single-familyProperty Type
1964Year Built
0.28 acresLot Size
$92Price/Sq.Ft.
2 spacesParking
Source:Public Records
Redfin Estimate
Market trends in 38118, TN
Last updated October 2026
Buyer's Market
Seller's Market
Balanced market
Sale-to-list price
95.7%
1.6% MoM
Median sale price
$127K
$3K MoM
Avg. days on market
36d
3 days MoM
Recently sold homes
51
4 MoM
New listings for sale
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Rental estimate
Est. $1,217 per month, based on comparable rentals
Property details
Around this home
Sun exposure
92/ 100
Exceptional sunlight
SunscoreThis home receives average direct sun exposure in Memphis. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
JuneDecember
Provided by Shadowmap
Estimated sale price
$143,000 – $173,000
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