Attention Investors! Add this high-potential property to your rental portfolio. Located in the established Independence Square subdivision, this brick-veneer condo features 2 bedrooms, 2 full baths, and over 1,300 sq. ft. of living space. Features an assigned carport and low-maintenance exterior. Conveniently located near major roadways for quick commutes across Memphis.
Scenic Hills Towne Council, located between Summer Avenue and Sycamore View Road, is a residential and suburban Memphis neighborhood with mid-century ranch homes and leafy, curving streets. The neighborhood’s energy concentrates around the Summer Ave & Sycamore View Rd intersection, where international groceries, taquerias, and low-key storefronts set a practical, lived-in rhythm. Nearby, the Summer Avenue corridor adds local flavor through longtime spots like Las Delicias, the Memphis Drum Shop, and the Summer Drive-In. Housing trends toward brick one-stories with deep setbacks, plus pockets of apartments along the main roads. Green space and recreation cluster at nearby parks and the Memphis Botanic Garden, balancing the commercial strip. The geography reads as an east-Memphis gateway, with broad arterials framing quieter interior blocks.
Provided by Walk Score and Local Logic
Market insights
3091 Taransay Rd · $79,900
DAYS ON MARKET
36 days
The average home goes pending in 57 days.
SALE-TO-LIST
94.6%
Most homes are selling 5% below list price.
LIST PRICE
$79,900
Median list price in this area is $196,650. (146% higher than this home)
PRICE DROP
1 price drop
23% of homes in this area have had a price drop in the past month.
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Interior features
One fireplace, currently inoperative
Bedrooms
2 bedrooms, both downstairs
Bathrooms
2 full bathrooms, downstairs
Heating & cooling
Heating: Other (See Remarks)
Cooling: Other (See Remarks)
Exterior features
Wrought-iron security doors
Home design
Attached single-family home
Traditional style
One story
Parking
2 covered parking spaces
Other parking/storage (See Remarks)
Construction
Built in 1974
HOA & community
Independence Square condominium
Monthly maintenance fee of $275
Electricity and solar
View estimated energy costs and solar savings for this home
Memphis Area Association of Realtors(R) MLS #10226574
Oct 19, 2026
Price Changed
$79,900
Jul 20, 2026
Listed
$84,600
As the MLS and public records start to fill up, we'll list the details here.
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
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Finished Sq. Ft.
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Unfinished Sq. Ft.
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Total Sq. Ft.
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Year built
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Style
Condo/Co-op
County
Shelby County
APN
084007 C00005
Parking Spaces
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Basement
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Accessible
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HOA Dues
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Garage
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Features
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Last updated by owner on Oct 18, 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
9/10 Flood Factor
Estimated 80%+ chance 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 • 38128
Average low and high temperatures (°F)
46
29
57
36
71
50
78
58
79
62
89
72
93
76
89
70
87
66
77
55
65
48
54
39
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
74/ 100
Good sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
8.6 hrs
4.4 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 3091 Taransay Rd
$75,605
$4,295 under list price of $80K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $55K to $205K.