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SOLD
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
2 spacesParking
Source:Public Records

Redfin Estimate

$144,416
$24K since last sold$4,000 since August

This home's estimate is 3.3% higher than the average sale price ($140K) of 6 comparable homes.

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Market trends in 38118, TN

Homeowner tools

Sale and tax history for 2851 Knightway Rd

Public record

Beds
2
Baths
1
Stories
1
Lot width
90 ft.
Lot depth
130 ft.
Lot size
0.28 Acres
Year renovated
1992
Sq. Ft.
1,310
Year built
1964
Style
Single Family Residential
County
Shelby County
APN
073022 00028
Parking Spaces
Basement
Accessible
HOA Dues
Garage
Features
Last updated by owner on Jul 14, 2026.

Property details

Around this home

Schools

Parkway Village Elementary

Public PreK-5 • Assigned • 0.8mi

5/10
American Way Middle School

Public 6-8 • Assigned • 1.5mi

6/10
Sheffield High School

Public 9-12 • Assigned • 0.8mi

4/10
Provided by GreatSchools

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

2/10 Fire Factor

0.00% chance of being 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

19% 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 • 38118
Average low and high temperatures (°F)
48
30
58
38
72
50
78
58
79
63
89
72
93
77
90
72
86
68
78
57
66
49
55
40
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec

Sun exposure

92/ 100

Exceptional sunlight

Sunscore

There appears to be minimal shading by surrounding buildings, terrain, and vegetation.

10.6 hrs
6.8 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$138,000 – $167,000

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GreatSchools Ratings provided by GreatSchools.org.