Great investment opportunity in this rental income producing house. It has 2 bedrooms and 1 baths. Currently renting for $950 per month. so as not to disturb tenants inspection scheduled after an accepted offer.
South Memphis Planning Dist, located between Downtown Memphis and the Mississippi state line, is a historic and industrial Memphis neighborhood with rail corridors and landmark music sites. The neighborhood’s character concentrates around the Stax Museum of American Soul Music on McLemore Avenue, where museumgoers, murals, and small local storefronts set a grounded, creative tone. Stax Museum of American Soul Music, The Four Way Soul Food Restaurant, and Earnestine & Hazel’s anchor local culture with deep Memphis roots. Housing ranges from early-20th-century cottages to brick mid-century blocks, with wide streets and working corridors shaping the streetscape. Martin Luther King Jr. Riverside Park and the riverfront add open-air breathing room. Major arterials like South Parkway and Elvis Presley Boulevard frame daily movement across the district.
Provided by Walk Score and Local Logic
Offer insights
293 Carbon Rd · $98,000
$98.01K and above
75% chance or better to win
Why $98.01K+ is a strong offer
DAYS ON MARKET
128 days
The average home goes pending in 37 days.
SALE-TO-LIST
96.8%
Most homes are selling 3% below list price.
About offer insights
Property details
Interior
Exterior
Finance
Interior features
Five total rooms
Single-story layout
Part carpet and vinyl flooring
Bedrooms
Three bedrooms, all on the main/lower level
Primary bedroom about 10 x 11
Bathrooms
One full bathroom
Kitchen
Separate breakfast room
Separate living room and kitchen configuration
Flooring
Part carpet
Vinyl floor
Heating & cooling
Wall unit heating
Cooling listed as 'Other' (see remarks)
Exterior features
Storage building on site
Some trees on the lot
Wood windows
Home design
Detached single-family home
Traditional style
Built in 1954
Parking
Driveway/pad
Construction
Wood and composition exterior/windows
Existing property
Utilities
Heating provided by wall unit
Cooling described as other (refer to listing remarks)
Electricity and solar
View estimated energy costs and solar savings for this home
Memphis Area Association of Realtors(R) MLS #10220638
May 1, 2026
Listed
$98,000
Year
Property tax
Land + Additions
Assessment*
2025
$646 (+67.6%)
$1,900 + $10,350
$12,250
2024
$385 (+8.1%)
$1,900 + $10,350
$12,250
2023
$356
$1,375 + $4,475
$5,850
2022
$356 (−1.2%)
$1,375 + $4,475
$5,850
2021
$361 (−18.4%)
$1,375 + $4,475
$5,850
2020
$442
$1,375 + $4,475
$5,850
2019
$442
$1,375 + $4,725
$6,100
2018
$442 (+76.3%)
$1,375 + $4,725
$6,100
2017
$251 (−10.8%)
$1,375 + $4,725
$6,100
2016
$281
$1,375 + $4,725
$6,100
2014
$281
$1,375 + $5,075
$6,450
Public record
Public record
Zoning
Permits
Beds
3
Baths
1
Stories
1
Lot width
85 ft.
Lot depth
105 ft.
Lot size
8,773 Sq. Ft.
Year renovated
—
Finished Sq. Ft.
816
Unfinished Sq. Ft.
—
Total Sq. Ft.
816
Year built
1954
Style
Single Family Residential
County
Shelby County
APN
075084 00001
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 14, 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
Oct 7, 2020 • Final
Residential electrical
Install or repair a meter socket, lights, and receptacles.
Electrical
Electric meter
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 109° 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 • 38109
Average low and high temperatures (°F)
46
30
56
38
71
50
77
58
78
63
87
72
92
76
89
71
85
67
77
57
65
49
54
39
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
84/ 100
Very good sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
7.9 hrs
5.9 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 293 Carbon Rd
$90,733
$7,267 under list price of $98K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $69K to $125K.