Great investment opportunity available. Tenant occupied, rental property for sale. Currently rented for $650/mo. This well maintained investment would make an excellent addition to your portfolio. Do not disturb or approach the tenant, no showings without an accepted offer. Multiple properties available. Can be bought individually or in bulk. Address include: 2965 Ajanders, 2684 Merle, 3166 Ridgecrest and 3615 N Lloyd.
Single-familyProperty Type
1953Year Built
0.32 acresLot Size
Listed by William Haynes• Crye-Leike, Inc., REALTORS
Listed by Tyler Tapley• Crye-Leike, Inc., REALTORS
Alta Vista Stage, located between Overton Park and Midtown, is a residential and artsy Memphis neighborhood with leafy streets and a porch-lined streetscape. The neighborhood’s character concentrates around the Cooper-Young intersection at Cooper St and Young Ave, where patios, record bins, and late-night marquees set the tempo. Local pillars include the historic Hi-Tone, Cooper House Project, and Young Avenue Deli. Housing leans toward early-20th-century bungalows and cottages with deep setbacks and mature trees. Sidewalk blocks connect to pocket parks and bike routes, while nearby galleries and small venues keep evenings active.
Provided by Walk Score and Local Logic
Market insights
3166 Ridgecrest St · $75,000
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
$75,000
Median sale price in this area is $259,463. (246% 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
Interior features
Pantry
Bedrooms
2 bedrooms, both on the main floor
Bathrooms
1 full bathroom
1 half bathroom
Flooring
Part carpet
Heating & cooling
Central heating
Central cooling
Exterior features
Level terrain
Brick veneer exterior
Home design
Traditional style
One story
Parking
Driveway or parking pad
Construction
Built in 1953
Electricity and solar
View estimated energy costs and solar savings for this home
Memphis Area Association of Realtors(R) MLS #10232506
Oct 15, 2026
Listed
$75,000
REALTRACS as Distributed by MLS Grid #3090460
Jan 14, 2026
Listed
$40,000
Aug 13, 2018
Sold
$36,250
+3
Nice 3 bedroom tenant occupied home. Please do not disturb the tenant. Drive by only. Home has hardwood floors and a big rear living room and front den.
Memphis Area Association of Realtors(R) MLS #10031391
Aug 13, 2018
Sold
$36,250
Jul 9, 2018
Listed
$40,000
+3
Nice 3 bedroom tenant occupied home. Please do not disturb the tenant. Drive by only. Home has hardwood floors and a big rear living room and front den.
Memphis Area Association of Realtors(R) MLS #2630193
Mar 24, 2006
Sold
$40,000
Feb 15, 2006
Listed
$40,000
Memphis Area Association of Realtors(R) MLS #9910402
Dec 23, 1999
Sold
$47,000
Jun 7, 1999
Listed
$49,500
Year
Property tax
Land + Additions
Assessment*
2025
$1,098 (+7.9%)
$1,900 + $18,925
$20,825
2024
$1,017 (+8.1%)
$1,900 + $18,925
$20,825
2023
$941
$1,550 + $13,900
$15,450
2022
$941 (−1.2%)
$1,550 + $13,900
$15,450
2021
$952 (+26.7%)
$1,550 + $13,900
$15,450
2020
$752
$1,550 + $13,900
$15,450
2019
$752
$1,550 + $8,825
$10,375
2018
$752 (+76.3%)
$1,550 + $8,825
$10,375
2017
$426 (−15.4%)
$1,550 + $8,825
$10,375
2016
$504
$1,550 + $8,825
$10,375
2014
$504
$1,550 + $10,000
$11,550
Public record
Public record
Zoning
Permits
Beds
3
Baths
1.5
Stories
1
Lot width
75 ft.
Lot depth
188 ft.
Lot size
0.33 Acres
Year renovated
—
Finished Sq. Ft.
1,335
Unfinished Sq. Ft.
—
Total Sq. Ft.
1,335
Year built
1953
Style
Single Family Residential
County
Shelby County
APN
070015 00028
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 14, 2026.
R-10
Residential Single-Family-10 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. 5 single-family residential districts are established-R-10 which are differentiated primarily on the basis of minimum lot area and setback requirements.; New R-10 districts are generally located at least 1,500 to 2,000 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
Electrical
Oct 7, 2020 • Final
Residential mechanical
Perform a final air test on a mechanical system.
HVAC
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 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 • 38127
Average low and high temperatures (°F)
46
29
56
37
70
50
76
58
78
62
87
71
92
76
90
69
87
66
77
55
65
48
53
38
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
85/ 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.
8.7 hrs
5.6 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 3166 Ridgecrest St
$75,032
$32 over list price of $75K
Nearby comparable homes
The Redfin Estimate uses 5 recent nearby sales, priced between $58K to $120K.