3bdrm/1ba . .2 bdrms were converted to 1 and can be changed bk. .wood, ceramic, & porcelain tile floors. .. no carpet; covered patio-washer/dryer connection in kitchen; kitchen opens to extra rm leading to covered patio-big level bkyard; tenant occupied until Sept 15 2026;Cash Only; No Wholesalers, 3rd party, subject to etc ; AS IS; Showings require proof of funds letter -contact agent ; Owner/agent. .photos are prior to past renter. ..
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Around this home
Schools
K - 12
Preschool & daycare
Ford Road Elementary School
Public PreK-5 • Assigned • 0.4mi
3/10
Chickasaw Junior High School
Public 6-8 • Assigned • 1.5mi
4/10
Mitchell High School
Public 9-12 • Assigned • 0.6mi
3/10
Provided by GreatSchools
About South Memphis Planning
Dist
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
Market insights
301 Elder Rd · $48,500
DAYS ON MARKET
1 days
The average home goes pending in 48 days.
SALE-TO-LIST
96.9%
Most homes are selling 3% below list price.
LIST PRICE
$48,500
Median sale price in this area is $259,463. (435% higher than this home)
PRICE DROP
0 price drops
26% of homes in this area have had a price drop in the past month.
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Dining
Interior features
Separate living room
Separate den
Eat-in kitchen
Bedrooms
2 bedrooms on the first floor
Bathrooms
1 full bathroom
Kitchen
Gas cooking
Laundry & utility
Washer/dryer connections
Flooring
Part hardwood
Tile
Heating & cooling
Gas heating
Window unit cooling
Ceiling fans
Exterior features
Level yard
Wood fencing
Chain-link fencing
Porch
Covered patio
Wood/composition windows
Storm doors
Home design
Ranch
Single-story
Parking
Driveway/pad
Security
Wrought-iron security doors
Construction
Built in 1954
Roof details not specified
Utilities
Public water
Public sewer
Electricity and solar
View estimated energy costs and solar savings for this home
Memphis Area Association of Realtors(R) MLS #10233949
Nov 6, 2026
Listed
$48,500
RENT. #1
Feb 20, 2022
Price Changed
$775
Memphis Area Association of Realtors(R) MLS #9964158
Jan 25, 2016
Sold
$13,000
Oct 27, 2015
Listed
$15,000
+10
3 bedroom and 1 bath home. Two bedrooms were converted to one bedroom that can be easily converted back to 3 bedroom home. Laminated flooring throughout and home with ceramic tile in the Kitchen. Home is in good condition.
Public Records
Jan 31, 1968
Sold
$5,000
Public Records
Apr 1, 1963
Sold
$7,000
Year
Property tax
Land + Additions
Assessment*
2025
$627 (+68.6%)
$1,775 + $10,125
$11,900
2024
$372 (+8.1%)
$1,775 + $10,125
$11,900
2023
$344
$1,275 + $4,375
$5,650
2022
$344 (−1.2%)
$1,275 + $4,375
$5,650
2021
$348 (−18.2%)
$1,275 + $4,375
$5,650
2020
$426
$1,275 + $4,375
$5,650
2019
$426
$1,275 + $4,600
$5,875
2018
$426 (+76.3%)
$1,275 + $4,600
$5,875
2017
$241 (−11.2%)
$1,275 + $4,600
$5,875
2016
$272
$1,275 + $4,600
$5,875
2014
$272
$1,275 + $4,950
$6,225
Public record
Public record
Zoning
Permits
Beds
2
Baths
1
Stories
1
Lot width
50 ft.
Lot depth
150 ft.
Lot size
7,500 Sq. Ft.
Year renovated
—
Finished Sq. Ft.
808
Unfinished Sq. Ft.
—
Total Sq. Ft.
808
Year built
1954
Style
Single Family Residential
County
Shelby County
APN
075079 00008
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
Oct 7, 2020 • Final
Residential electrical
Replace the electrical meter and riser due to storm damage.
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
87
67
75
58
65
49
54
39
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
86/ 100
Very good sunlight
Sunscore
This home receives average direct sun exposure in Memphis. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.6 hrs
6 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 301 Elder Rd
$48,504
$4 over list price of $49K
Nearby comparable homes
The Redfin Estimate uses 5 recent nearby sales, priced between $63K to $118K.