Great opportunity in Memphis to add to your portfolio. After Rehab you could generate a monthly income of $800-$900 a month or flip on the market for around $89,000-$99,000 depending on finishes. Wont take much to get it cleaned up and ready to go!!!!
Single-familyProperty Type
1954Year Built
4,791 sq ftLot Size
Listed by Marissa Miller• The Stamps Real Estate Company
Listed by Brett Bernard• The Stamps Real Estate Company
Bought with Marissa Miller• The Stamps Real Estate Company
Bought with Brett Bernard• The Stamps Real Estate Company
Memphis Area Association of Realtors(R) MLS #10222390
Aug 20, 2026
Sold
$13,750
May 26, 2026
Listed
$39,000
Year
Property tax
Land + Additions
Assessment*
2025
$351 (+35.6%)
$1,625 + $5,025
$6,650
2024
$258 (+8.1%)
$1,625 + $5,025
$6,650
2023
$239
$875 + $3,050
$3,925
2022
$239 (−1.2%)
$875 + $3,050
$3,925
2021
$242 (+7.7%)
$875 + $3,050
$3,925
2020
$225
$875 + $3,050
$3,925
2019
$225
$875 + $2,225
$3,100
2018
$225 (+76.3%)
$875 + $2,225
$3,100
2017
$127 (−9.0%)
$875 + $2,225
$3,100
2016
$140
$875 + $2,225
$3,100
2014
$140
$875 + $2,350
$3,225
Public record
Public record
Zoning
Permits
Beds
2
Baths
1
Stories
1
Lot width
40 ft.
Lot depth
120 ft.
Lot size
4,800 Sq. Ft.
Year renovated
—
Sq. Ft.
720
Year built
1954
Style
Single Family Residential
County
Shelby County
APN
043017 00002
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Sep 3, 2026.
RU-1
Residential Urban-1 District
Residential development in the RU-1 District allows a variety of housing types including single-family detached (conventional, side yard house, Cottage) and single-family attached (semi-attached, two-family). New RU-1 districts should have a shared street network with and are generally located at least 500 to 1,000 ft from a CMU-1, CMU2, CMU-3, or CBD district or at are least 500 to 1,000 ft from 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
Nov 15, 2021 • Final
Residential mechanical
Install a mini-split system, venting, and a water heater.
HVAC
Plumbing
Water heater
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.
Property details
Parking
Parking Information
Parking/Storage: Driveway/Pad, Other (See Remarks)
Interior
Bedroom Information
# of Bedrooms (Lower): 2
# of Bedrooms: 2
# of Bedrooms: 2
# of Bedrooms Down: 2
Master Bedroom Dimensions:
Master Bedroom Dimensions:
Primary Bedroom: Level 1
Bedroom 2 Description: Level 1
Bathroom Information
# of Baths (Full): 1
# of Bathrooms (Full): 1
Interior Features
# of Rooms: 4
# of Stories: 1
Floors/Ceilings: Other (See Remarks)
Room Information
Living Room Dimensions:
Dining Room Dimensions:
Den/Great Room Dimensions:
Dining Room Dimensions: 0x0
Living Room Dimensions: 0x0
Living/Dining/Kitchen: Other (See Remarks)
Den/Great Room Dimensions: 0x0
Additional Bedroom/Bathroom Info: 1 or More BR Down, All Bedrooms Down, Master Bedroom Down
Exterior
Exterior Features
Pool Description: None
Miscellaneous Exterior: Other (See Remarks)
Exterior/Windows: Other (See Remarks)
Land Information
Acreage: 0.11
Lot Information
Parcel ID: 043017 00002
Lot #: 401
Lot Size: 40X120
Lot Description: Some Trees
Area: 743A
Property Information
Detached Single Family
Style: Traditional
Property Construction Status: Existing Property
Year Built: 1954
Financial
Tax Information
Annual City Tax: $172
Annual County Tax: $179
Financing
Buyer Contributions: 0
Utilities
Utility Information
Heating: Other (See Remarks)
Cooling: Other (See Remarks)
Location
Multi-Unit Information
Detached Unit Type: General Residential
Location Details
Directions: Going south on N Highland, take a right onto Chelsea, right onto Sunset. Take a right onto Mt Olive. Property is the second on the immediate right.
MAAR Subdivision Name: BUNGALOW PARK
Public facts
Beds: 2
Baths: 1.0
Sq. Ft.: 720
Stories: 1.0
Lot Size: 4,800 square feet
Style: Single Family Residential
Year Built: 1954
Year Renovated: —
County: Shelby County
APN: 043017 00002
Home facts updated by county records on Sep 3, 2026
Around this home
Schools
Douglass Elementary School
Public PreK-8 • Assigned • 0.4mi
3/10
Douglass High School
Public 9-12 • Assigned • 0.3mi
2/10
Provided by GreatSchools
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
3/10 Air Factor
3 unhealthy days expected this year, 4 days in 30 years
Provided by First Street
Historical weather
Memphis, TN • 38108
Average low and high temperatures (°F)
46
30
57
37
71
50
77
58
79
63
88
72
93
77
90
71
85
67
78
56
65
49
54
39
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
$24,000 – $29,000
Sell confidently with a local market expert in Memphis.
Property information provided by Memphis Area Association of Realtors(R) MLS when last listed in 2026. This data may not match public records. Learn more.