For sale

$59,900

Est. $400/mo —

•

View

sq ft

2997 Walnut Grove Rd #3, Memphis, TN 38111

About this home

Experience Gated Living in a quiet community for an unbelievably affordable price. Walnut Grove Co-op is Truly a little gem of a community hidden in East Memphis. Two bedrooms, 1 bath, with hardwood floors and renovated kitchen. This unit has 1 new high eff. HVAC system 2024 furnace and compressor. New gas hot water heater 2022, high efficiency storm windows throughout, new kitchen cabinets, floor and tile floor, garbage disposal. HOA $350 a month. All Property taxes, all exterior maintenance, grounds keeping, trash pickup, and water are included in the HOA fees! This Co-op Community is fiscally healthy and all units have new roofs and most units have new sewer lines! Storage space in attic. One of 3 Co-op communities in Memphis! Welcome home!

Single-familyProperty Type

1954Year Built

Listed by Jeff Bennett • Hobson, REALTORS

Listed by Graham Winchester • Hobson, REALTORS

Listing updated: Jun 22, 2026 at 06:21pm

Redfin checked: 2 minutes ago

•Source:Memphis Area Association of Realtors(R) MLS #10219521

Payment calculator

$400 per month

Principal and interest$315

Property taxes

$55

HOA dues

Home insurance

$29

Utilities

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Open houses

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Around this home

Schools

K - 12
Preschool & daycare

William Herbert Brewster Elementary School

Public PreK-5 • Assigned • 1.0mi

6/10

Treadwell Middle School

Public 6-8 • Assigned • 1.9mi

5/10

Douglass High School

Public 9-12 • Assigned • 2.9mi

2/10

Provided by GreatSchools

About

Binghampton

Binghampton, located between Midtown and East Memphis, is a historic and industrial Memphis neighborhood with warehouse corridors and pocket parks. The neighborhood’s character concentrates around Broad Avenue and Tillman Street, where murals, maker studios, galleries, and small eateries line the blocks. Crosstown Concourse anchors daily life with food stalls, events, and coworking under one roof. The Broad Avenue Arts District adds a walkable strip of studios and storefronts set against brick buildings and rail-adjacent streets. Housing ranges from early 20th-century cottages to modest bungalows, with newer creative workspaces in converted structures. Greenway links and nearby trails shape a bike-forward rhythm across the grid.

Provided by Walk Score and Local Logic

Market insights

2997 Walnut Grove Rd #3 · $59,900

DAYS ON MARKET

The average home goes pending in 35 days.

SALE-TO-LIST

Most homes are selling 3% below list price.

LIST PRICE

Median list price in this area is $250,000. (317% higher than this home)

PRICE DROP

26% of homes in this area have had a price drop in the past month.

Property details

Interior
Exterior
Finance

Kitchen

Bathroom

Bedroom

Interior features
Five total rooms
One-story interior
Tile and hardwood floors (part hardwood/throughout)

Bedrooms
Two bedrooms (both configured as master suites)

Bathrooms
One full bathroom

Kitchen
Washer/dryer connection in kitchen

Laundry & utility
Washer/dryer connection in kitchen

Flooring
Tile flooring
Hardwood flooring (partial and throughout)

Heating & cooling
Central heating (gas)
Central air conditioning

Sale and tax history for 2997 Walnut Grove Rd #3

Sale History
Tax History

Public record

Public record
Zoning

Beds

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Baths

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Stories

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Lot width

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Lot depth

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Lot size

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Year renovated

—

Finished Sq. Ft.

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Unfinished Sq. Ft.

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Total Sq. Ft.

—

Year built

—

Style

Single Family Residential

County

Shelby County

APN

—

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

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Last updated by owner on Apr 17, 2026.

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

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

7/10 Heat Factor

7 days above 109° expected this year, 21 days in 30 years

4/10 Wind Factor

15% 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 • 38111

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

86/ 100

Very good sunlight

Sunscore

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

10.2 hrs

7.2 hrs

JuneDecember

Provided by Shadowmap

Redfin Estimate for 2997 Walnut Grove Rd #3

$54,338

$5,562 under list price of $60K

Nearby comparable homes

The Redfin Estimate uses 6 recent nearby sales, priced between $110K to $260K.

SOLD JUN 4, 2026
$154,000 Last sold price
3 beds2 baths— sq ft
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4 years older
SOLD FEB 5, 2026
$185,000 Last sold price
2 beds1 bath1,084 sq ft
124 S Holmes St, Memphis, TN 38111
12 years older
SOLD MAR 26, 2026
$189,900 Last sold price
3 beds1 bath1,257 sq ft
22 N Humes St, Memphis, TN 38111
8 years older
SOLD JUN 1, 2026
$260,000 Last sold price
3 beds1 bath— sq ft
218 Dille Pl, Memphis, TN 38111
6 years older
SOLD MAR 24, 2026
$110,000 Last sold price
4 beds2 baths— sq ft
445 Lipford St, Memphis, TN 38112
12 years older
SOLD MAY 21, 2026
$115,000 Last sold price
4 beds2 baths— sq ft
304 Harrell St, Memphis, TN 38112
14 years older

Rental earnings

Est. $1,185 per month, based on comparable rentals

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Details provided by Memphis Area Association of Realtors(R) MLS and may not match the public record. Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Payment calculator

Affordability tools

See this home in person

Nearby open houses (10)

Around this home

Schools

Market insights

Property details

Sale and tax history for 2997 Walnut Grove Rd #3

Public record

Climate risks

Historical weather

Sun exposure

Redfin Estimate for 2997 Walnut Grove Rd #3

Nearby similar homes

New listings for sale in 38111

More real estate resources