Excellent investment opportunity. Desirable area. Covered parking. Well maintained. Tenant occupied, cash flowing and professionally managed. Rent is currently 850/mo, lease ends 7/31. Near the Nike and Amazon Plants. DO NOT APPROACH OR DISTURB THE TENANT. NO SHOWINGS WITHOUT AN ACCEPTED OFFER. NO WHOLESALE OR ASSIGNMENTS. Bulk opportunity available. MLS #s: 10120049, 10120050, 10120051, 10120052, 10120054, 10120055, 10120057
This is a 4 bedroom home in Memphis that is being marketed to investors. It is tenant occupied & it has a new roof, new paint, new flooring, new stove, updated electrical, covered parking, and central air. This could be a great addition to your investment portfolio. Please do not disturb or approach the tenant. Online video available upon request. Near new Amazon & Nike facility! Solid home that is in turnkey condition. Seller will help with closing costs & provide home warranty.
Memphis Area Association of Realtors(R) MLS #10120057
Apr 25, 2022
Sold
$93,000
$78/sq ft
Mar 22, 2022
Listed
$90,000
$75/sq ft
Excellent investment opportunity. Desirable area. Covered parking. Well maintained. Tenant occupied, cash flowing and professionally managed. Rent is currently 850/mo, lease ends 7/31. Near the Nike and Amazon Plants. DO NOT APPROACH OR DISTURB THE TENANT. NO SHOWINGS WITHOUT AN ACCEPTED OFFER. NO WHOLESALE OR ASSIGNMENTS. Bulk opportunity available. MLS #s: 10120049, 10120050, 10120051, 10120052, 10120054, 10120055, 10120057
Memphis Area Association of Realtors(R) MLS #10075351
Aug 18, 2020
Sold
$64,000
$53/sq ft
Jun 10, 2020
Price Changed
$69,900
$58/sq ft
Apr 26, 2020
Listed
$79,900
$67/sq ft
Memphis Area Association of Realtors(R) MLS #10066369
Nov 18, 2019
Sold
$36,000
$30/sq ft
Nov 1, 2019
Listed
$45,000
$38/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$1,529 (+24.5%)
$3,250 + $25,750
$29,000
2024
$1,228 (+8.1%)
$3,250 + $25,750
$29,000
2023
$1,136
$2,900 + $15,750
$18,650
2022
$1,136 (−1.2%)
$2,900 + $15,750
$18,650
2021
$1,149 (+0.2%)
$2,900 + $15,750
$18,650
2020
$1,147
$2,900 + $15,750
$18,650
2019
$1,147
$2,900 + $12,925
$15,825
2018
$1,147 (+76.3%)
$2,900 + $12,925
$15,825
2017
$650 (+7.2%)
$2,900 + $12,925
$15,825
2016
$607
$2,900 + $12,925
$15,825
2014
$607
$2,900 + $11,000
$13,900
Tax history for 3424 Felton Rd
Year
Property tax
Land + Additions
Assessment*
2025
$1,529 (+24.5%)
$3,250 + $25,750
$29,000
2024
$1,228 (+8.1%)
$3,250 + $25,750
$29,000
2023
$1,136
$2,900 + $15,750
$18,650
2022
$1,136 (−1.2%)
$2,900 + $15,750
$18,650
2021
$1,149 (+0.2%)
$2,900 + $15,750
$18,650
2020
$1,147
$2,900 + $15,750
$18,650
2019
$1,147
$2,900 + $12,925
$15,825
2018
$1,147 (+76.3%)
$2,900 + $12,925
$15,825
2017
$650 (+7.2%)
$2,900 + $12,925
$15,825
2016
$607
$2,900 + $12,925
$15,825
2014
$607
$2,900 + $11,000
$13,900
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
4
Baths
2
Stories
1
Lot width
100 ft.
Lot depth
350 ft.
Lot size
0.8 Acres
Year renovated
—
Sq. Ft.
1,200
Year built
1962
Style
Single Family Residential
County
Shelby County
APN
084011 00029
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
Property details
Parking
Parking Information
Parking Total: 0
Parking Features: Parking Pad
Interior
Bedroom Information
# of Bedrooms: 4
Bathroom Information
# of Full Baths (Total): 1
Heating & Cooling
Has Heating
Heating Information: Central
Has Cooling
Cooling Information: Central Air
Interior Features
Interior Features: Pantry
Flooring: Carpet
Exterior
Property Information
Property Type: Residential
Property Sub Type: Single Family Residence
Above Grade Finished Area Units: Square Feet
Above Grade Finished Area Source: Assessor
Below Grade Finished Area Units: Square Feet
Below Grade Finished Area Source: Assessor
Lot Information
Lot Size Area: 0.8
Lot Size Units: Acres
Lot Size Acres: 0.8
Lot Size Dimensions: 100X350
Financial
Tax Information
Tax Annual Amount: $1,147
Location
HOA Information
Association Amenities: Sidewalks
Location Information
Directions: From New Allen Rd. E on Felton, home on L
Public facts
Beds: 4
Baths: 2.0
Sq. Ft.: 1,200
Stories: 1.0
Lot Size: 0.8 acres
Style: Single Family Residential
Year Built: 1962
Year Renovated: —
County: Shelby County
APN: 084011 00029
Home facts updated by county records on Jul 14, 2026
Other
Home Information
Living Area: 1200
Living Area Units: Square Feet
Living Area Source: Assessor
Building Area Total: 1200
Building Area Units: Square Feet
Building Area Source: Assessor
Year Built Details: Existing
Levels: Three Or More
Around this home
Schools
Scenic Hills Elementary School
Public PreK-5 • Assigned • 0.3mi
3/10
Raleigh Egypt High School
Public 6-12 • Assigned • 2.3mi
4/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
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
4/10 Air Factor
4 unhealthy days expected this year, 5 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
85
66
77
55
65
48
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
$121,000 – $147,000
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