Terrific investment opportunity. Tenant occupied, rented for 1200/mo Brick home with many recent repairs and updates including interior paint, baseboards, AC vents, lights, carpet, mirrors, hardware and more. Tenant is sec 8. Property is well maintained. Do not approach or disturb the tenant. No showings without interior access. No wholesale or assignments. Investors only. Proof of funds required.
Memphis Area Association of Realtors(R) MLS #10135303
Dec 28, 2022
Sold
$133,000
$147/sq ft
Oct 10, 2022
Listed
$120,000
$133/sq ft
+6
Terrific investment opportunity. Tenant occupied, rented for 1200/mo Brick home with many recent repairs and updates including interior paint, baseboards, AC vents, lights, carpet, mirrors, hardware and more. Tenant is sec 8. Property is well maintained. Do not approach or disturb the tenant. No showings without interior access. No wholesale or assignments. Investors only. Proof of funds required.
Memphis Area Association of Realtors(R) MLS #10123487
May 27, 2022
Sold
$76,000
$84/sq ft
May 6, 2022
Listed
$70,000
$78/sq ft
+8
Great Investment Opportunity! Needs some work but would be a great rental or home for a first time home buyer. Hurry this one won’t last long.
Memphis Area Association of Realtors(R) MLS #9927027
Jun 6, 2014
Sold
$4,900
$5/sq ft
May 19, 2014
Listed
$4,900
$5/sq ft
Public Records
Apr 9, 2010
Sold
$31,200
$35/sq ft
Public Records
Jun 18, 2008
Sold
$29,000
$32/sq ft
Memphis Area Association of Realtors(R) MLS #3132324
May 27, 2008
Sold
$19,000
$21/sq ft
Feb 22, 2008
Listed
$23,900
$26/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$1,272 (+17.4%)
$2,750 + $21,375
$24,125
2024
$1,083 (+8.1%)
$2,750 + $21,375
$24,125
2023
$1,002 (+27.5%)
$1,925 + $14,525
$16,450
2022
$786 (−1.2%)
$1,925 + $14,525
$16,450
2021
$795 (−13.3%)
$1,925 + $10,975
$12,900
2020
$917
$1,925 + $10,975
$12,900
2019
$917
$1,925 + $10,725
$12,650
2018
$917 (+76.3%)
$1,925 + $10,725
$12,650
2017
$520 (+5.5%)
$1,925 + $10,725
$12,650
2016
$493
$1,925 + $10,725
$12,650
2014
$493
$1,925 + $9,375
$11,300
Tax history for 2938 Lake Park Rd
Year
Property tax
Land + Additions
Assessment*
2025
$1,272 (+17.4%)
$2,750 + $21,375
$24,125
2024
$1,083 (+8.1%)
$2,750 + $21,375
$24,125
2023
$1,002 (+27.5%)
$1,925 + $14,525
$16,450
2022
$786 (−1.2%)
$1,925 + $14,525
$16,450
2021
$795 (−13.3%)
$1,925 + $10,975
$12,900
2020
$917
$1,925 + $10,975
$12,900
2019
$917
$1,925 + $10,725
$12,650
2018
$917 (+76.3%)
$1,925 + $10,725
$12,650
2017
$520 (+5.5%)
$1,925 + $10,725
$12,650
2016
$493
$1,925 + $10,725
$12,650
2014
$493
$1,925 + $9,375
$11,300
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
3
Baths
1
Stories
1
Lot width
60 ft.
Lot depth
110 ft.
Lot size
6,600 Sq. Ft.
Year renovated
2015
Sq. Ft.
903
Year built
1987
Style
Single Family Residential
County
Shelby County
APN
072121 A00018
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Oct 22, 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
Property details
Parking
Parking Information
Parking Total: 0
Parking Features: Parking Pad
Interior
Bedroom Information
# of Bedrooms: 3
Bathroom Information
# of Full Baths (Total): 1
# of Half Baths (Total): 1
Heating & Cooling
Has Heating
Heating Information: Central
Has Cooling
Cooling Information: Central Air
Interior Features
Interior Features: Pantry
Flooring: Wood
Exterior
Property Information
Property Type: Residential
Property Sub Type: Single Family Residence
Above Grade Finished Area Units: Square Feet
Above Grade Finished Area Source: Assessor
Below Grade Finished Area Units: Square Feet
Below Grade Finished Area Source: Assessor
Lot Information
Lot Size Area: 0.15
Lot Size Units: Acres
Lot Size Acres: 0.15
Lot Size Dimensions: 60X110
Financial
Tax Information
Tax Annual Amount: $795
Location
HOA Information
Association Amenities: Sidewalks
Location Information
Directions: N on Schoolfield, R on Lake Park, home on L
Public facts
Beds: 3
Baths: 1.0
Sq. Ft.: 903
Stories: 1.0
Lot Size: 6,600 square feet
Style: Single Family Residential
Year Built: 1987
Year Renovated: 2015
County: Shelby County
APN: 072121 A00018
Home facts updated by county records on Oct 22, 2026
Other
Home Information
Living Area: 903
Living Area Units: Square Feet
Living Area Source: Assessor
Building Area Total: 903
Building Area Units: Square Feet
Building Area Source: Assessor
Year Built Details: Existing
Levels: Three Or More
Around this home
Schools
K - 12
Preschool & daycare
Lucie E. Campbell Elementary School
Public PreK-5 • Assigned • 1.2mi
2/10
Grandview Heights Middle
Public 6-8 • Assigned • 2.0mi
4/10
Trezevant High School
Public 9-12 • Assigned • 1.2mi
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
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
6/10 Heat Factor
7 days above 110° expected this year, 21 days in 30 years
4/10 Wind Factor
16% chance of strong winds in next 30 years
3/10 Air Factor
3 unhealthy days expected this year, 4 days in 30 years
Provided by First Street
Historical weather
Memphis, TN • 38127
Average low and high temperatures (°F)
46
29
56
37
70
50
76
58
78
62
87
71
92
76
90
69
87
66
75
57
65
48
53
38
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 4.7 hours in December, placing it above the
U.S. average for solar exposure.
10.5 hrs
4.7 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$106,000 – $128,000
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