NEW 2 HRS AGO

For sale

$130,000

Est. $862/mo —

•

View

sq ft

3066 Redbud Rd, Memphis, TN 38109

About this home

Investment opportunity with two separate units and strong rent potential!! Unit 3066 has been updated and is 3 bedrooms and 2 baths, offering increased livable space (Bonus Room) and higher rent capacity. Unit 3068 requires repairs and updates. After renovations, each unit is projected to lease for approximately $1,400–$1,550 per month with Section 8, based on current area rental rates. Property offers a solid value-add opportunity for investors seeking long-term cash flow in the area.

Single-familyProperty Type

1943Year Built

0.47 acresLot Size

Listed by Donnie Morrow • eXp Realty, LLC

Listed by Timishia Ortiz • eXp Realty, LLC

Listing updated: Oct 15, 2026 at 08:58pm

Redfin checked: a few seconds ago

•Source:Memphis Area Association of Realtors(R) MLS #10232487

Payment calculator

$862 per month

Principal and interest$727

Property taxes

$71

HOA dues

Home insurance

$64

Utilities

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Open houses

No upcoming open houses.

Nearby open houses (10)

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2 beds1 bath— sq ft
3158 Douglass Ave, Memphis, TN 38111
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3 beds2 baths1,433 sq ft
4320 Shadow Ridge Dr, Horn Lake, MS 38637
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5 beds3 baths2,601 sq ft
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OPEN SAT, 3PM TO 4:30PM
$399,000
3 beds2 baths— sq ft
23 Normandy Cir, Memphis, TN 38111
OPEN SUN, 1PM TO 2PM
$859,900
4 beds3.5 baths— sq ft
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OPEN SUN, 1PM TO 2:30PM
$799,000
4 beds4.5 baths— sq ft
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Around this home

Schools

K - 12
Preschool & daycare

Ford Road Elementary School

Public PreK-5 • Assigned • 0.9mi

3/10

Chickasaw Junior High School

Public 6-8 • Assigned • 2.4mi

4/10

Mitchell High School

Public 9-12 • Assigned • 1.2mi

3/10

Provided by GreatSchools

About Barton

Heights

Barton Heights, located between Overton Park and the Mississippi River, is a historic and residential Memphis neighborhood with early-20th-century architecture and broad, tree-lined streets. The neighborhood’s character concentrates around the Crosstown Concourse campus at N Cleveland St and North Pkwy, where galleries, a food hall, and studios create steady sidewalk energy. Craftsman bungalows and brick cottages sit near pocket parks and long views along the North Parkway green corridor. Crosstown Arts and the Crosstown Theater anchor the local cultural calendar. Nearby, the Memphis Brooks Museum of Art adds a museum-day counterpoint to the neighborhood’s everyday pace. Bike lanes and wide boulevards shape a street-level, porch-and-stroll rhythm.

Provided by Walk Score and Local Logic

Market insights

3066 Redbud Rd · $130,000

DAYS ON MARKET

The average home goes pending in 48 days.

SALE-TO-LIST

Most homes are selling 3% below list price.

LIST PRICE

Median sale price in this area is $259,463. (100% 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
Separate living room

Bedrooms
3 bedrooms, all on the lower level

Bathrooms
2 full bathrooms

Flooring
Vinyl flooring

Heating & cooling
Wall unit heating
Window unit cooling

Sale and tax history for 3066 Redbud Rd

Sale History
Tax History

Date

Event

Price

MMLS #10224015

Oct 10, 2026

Rental Removed

$1,500

Jun 16, 2026

Listed for Rent

$1,500

Memphis Area Association of Realtors(R) MLS #5

May 20, 2026

Price Changed

$130,000

Memphis Area Association of Realtors(R) MLS #10232487

Apr 16, 2026

Listed

$130,000

REALTRACS as Distributed by MLS Grid #3086527

Jan 14, 2026

Listing Removed

—

Jan 14, 2026

Listed

$135,000

REALTRACS as Distributed by MLS Grid #3086529

Jan 14, 2026

Listing Removed

—

Jan 14, 2026

Listed

$135,000

REALTRACS as Distributed by MLS Grid #3084251

Jan 14, 2026

Listed

$117,500

Jun 18, 2025

Sold

$105,000

Memphis Area Association of Realtors(R) MLS #10194142

Jun 18, 2025

Sold

$105,000

Apr 19, 2025

Price Changed

$117,500

Apr 12, 2025

Listed

$124,950

Memphis Area Association of Realtors(R) MLS #4

Dec 6, 2024

Price Changed

$106,950

Aug 27, 2024

Price Changed

$109,950

Memphis Area Association of Realtors(R) MLS #3

Sep 12, 2023

Price Changed

$109,000

Sep 8, 2023

Price Changed

$135,000

Jul 17, 2023

Price Changed

$109,500

Jul 5, 2023

Price Changed

$115,000

Jun 20, 2023

Price Changed

$125,000

Memphis Area Association of Realtors(R) MLS #2

Jan 10, 2023

Price Changed

$135,000

Aug 19, 2022

Price Changed

$129,950

Memphis Area Association of Realtors(R) MLS #1

Jan 10, 2023

Price Changed

$135,000

Aug 19, 2022

Price Changed

$129,950

Year

Property tax

Land + Additions

Assessment*

2025

$853 (+63.4%)

$2,325 + $13,850

$16,175

2024

$522 (+8.1%)

$2,325 + $13,850

$16,175

2023

$483

$1,450 + $6,475

$7,925

2022

$483 (−1.2%)

$1,450 + $6,475

$7,925

2021

$488 (−36.6%)

$1,450 + $6,475

$7,925

2020

$770

$1,450 + $6,475

$7,925

2019

$770

$1,450 + $9,175

$10,625

2018

$770 (+76.3%)

$1,450 + $9,175

$10,625

2017

$437 (+2.5%)

$1,450 + $9,175

$10,625

2016

$426

$1,450 + $9,175

$10,625

2014

$426

$1,450 + $8,300

$9,750

Public record

Public record
Zoning

Beds

Baths

Stories

Lot width

82 ft.

Lot depth

250 ft.

Lot size

0.47 Acres

Year renovated

—

Finished Sq. Ft.

1,198

Unfinished Sq. Ft.

—

Total Sq. Ft.

1,198

Year built

1943

Style

Single Family Residential

County

Shelby County

APN

075006 00026

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jun 16, 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

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, 20 days in 30 years

4/10 Wind Factor

19% 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)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

97/ 100

Exceptional sunlight

Sunscore

This home ranks in the top 5% for direct sun exposure in Memphis. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.

8.6 hrs

5.5 hrs

JuneDecember

Provided by Shadowmap

Redfin Estimate for 3066 Redbud Rd

$129,993

$7 under list price of $130K

Nearby comparable homes

The Redfin Estimate uses 6 recent nearby sales, priced between $81K to $150K.

SOLD APR 16, 2026
$95,000 Last sold price
3 beds1 bath1,066 sq ft
35 E Biscayne Rd, Memphis, TN 38109
Listing provided by realtracs
smaller lot
10 years newer
SOLD JUL 31, 2026
$124,600 Last sold price
3 beds1 bath908 sq ft
3452 W Horn Lake Rd, Memphis, TN 38109
Listing provided by realtracs
smaller lot
11 years newer
SOLD JAN 7, 2026
$115,000 Last sold price
3 beds1 bath938 sq ft
518 Jenson Rd, Memphis, TN 38109
Listing provided by realtracs
smaller lot
14 years newer
SOLD MAR 27, 2026
$80,500 Last sold price
2 beds1.5 baths— sq ft
36 W Emory Rd W, Memphis, TN 38109
smaller lot
20 years newer
SOLD AUG 20, 2026
$149,900 Last sold price
3 beds1.5 baths1,105 sq ft
3801 Marsonne St, Memphis, TN 38109
Listing provided by realtracs
smaller lot
25 years newer
SOLD JUL 21, 2026
$121,500 Last sold price
3 beds1 bath936 sq ft
407 Jenson Cv, Memphis, TN 38109
Listing provided by realtracs
smaller lot
10 years newer

Rental earnings

Est. $1,027 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 3066 Redbud Rd

Public record

Climate risks

Historical weather

Sun exposure

Redfin Estimate for 3066 Redbud Rd

Nearby similar homes

New listings for sale in 38109

More real estate resources