Calling all savvy investors and first-time homebuyers! This charming 2-bedroom, 1-bath home is brimming with potential and ready for your personal touch. Located just minutes from the University of Memphis, this property offers a prime location with great rental appeal — current market rents in the area average around $900/month. Step inside to find a traditional layout featuring a cozy living room, separate dining area, and central heat throughout. With a little renovation, this home could shine as a fantastic starter property or a reliable cash-flowing rental. Whether you're building your portfolio or creating a space to call home, this is an opportunity you don’t want to miss.
Single-familyProperty Type
1947Year Built
10,018 sq ftLot Size
2 spacesParking
Listed by Cassandra Bell-Warren• 4 Success Realty, LLC
Bought with Monica Bynum• Crye-Leike, Inc., REALTORS
Memphis Area Association of Realtors(R) MLS #10200866
Jul 23, 2025
Sold
$61,900
Jul 9, 2025
Listed
$63,900
Memphis Area Association of Realtors(R) MLS #2628983
Aug 15, 2006
Sold
$39,900
Mar 15, 2006
Listed
$39,900
+5
What a Deal!Cute two Bedrooms and one bath home in Sherwood Forest. Recently painted w/ new carpet. Walking distance to Sherwood Elementary & Middle School. Detached two car garage and privacy fencing around the back
Public Records
Aug 11, 1992
Sold
$36,000
Year
Property tax
Land + Additions
Assessment*
2025
$1,117 (+15.8%)
$5,075 + $16,125
$21,200
2024
$965 (+8.1%)
$5,075 + $16,125
$21,200
2023
$892
$3,525 + $11,125
$14,650
2022
$892 (−1.2%)
$3,525 + $11,125
$14,650
2021
$903 (+14.1%)
$3,525 + $11,125
$14,650
2020
$792
$3,525 + $11,125
$14,650
2019
$792
$2,525 + $8,400
$10,925
2018
$792 (+76.3%)
$2,525 + $8,400
$10,925
2017
$449 (−3.6%)
$2,525 + $8,400
$10,925
2016
$466
$2,525 + $8,400
$10,925
2014
$466
$2,400 + $8,275
$10,675
Tax history for 3506 Vanuys Rd
Year
Property tax
Land + Additions
Assessment*
2025
$1,117 (+15.8%)
$5,075 + $16,125
$21,200
2024
$965 (+8.1%)
$5,075 + $16,125
$21,200
2023
$892
$3,525 + $11,125
$14,650
2022
$892 (−1.2%)
$3,525 + $11,125
$14,650
2021
$903 (+14.1%)
$3,525 + $11,125
$14,650
2020
$792
$3,525 + $11,125
$14,650
2019
$792
$2,525 + $8,400
$10,925
2018
$792 (+76.3%)
$2,525 + $8,400
$10,925
2017
$449 (−3.6%)
$2,525 + $8,400
$10,925
2016
$466
$2,525 + $8,400
$10,925
2014
$466
$2,400 + $8,275
$10,675
*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
2
Baths
1
Stories
1
Lot width
59 ft.
Lot depth
180 ft.
Lot size
0.26 Acres
Year renovated
—
Sq. Ft.
848
Year built
1947
Style
Single Family Residential
County
Shelby County
APN
058044 00008
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 13, 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
Property details
Parking
Parking Information
# of Covered Parking Spaces: 2
Parking/Storage: Driveway/Pad
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: 5
# of Stories: 1
1st Story Floor Plan: 2nd Bedroom, Dining Room, Kitchen, Living Room, Master Bedroom
Floors/Ceilings: Tile, Part Hardwood
Room Information
Living Room Dimensions:
Dining Room Dimensions:
Den/Great Room Dimensions:
Dining Room Dimensions: 0x0
Living Room Dimensions: 0x0
Living/Dining/Kitchen: Separate Dining Room, Separate Living Room
Den/Great Room Dimensions: 0x0
Additional Bedroom/Bathroom Info: All Bedrooms Down
Exterior
Exterior Features
Pool Description: None
Miscellaneous Exterior: Wrought Iron Security Doors
Exterior/Windows: Brick Veneer, Wood/Composition
Roof: Composition Shingles
Land Information
Acreage: 0.23
Lot Information
Parcel ID: 058044 00008
Lot #: 17
Lot Size: 59X180
Lot Description: Level, Some Trees
Area: 758B
Property Information
Detached Single Family
Style: Traditional
Property Construction Status: Existing Property
Year Built: 1947
Financial
Tax Information
Annual City Tax: $468
Annual County Tax: $497
Financing
Buyer Contributions: 2000
Utilities
Utility Information
Water & Sewer: Gas Water Heater
Heating: Central
Cooling: Window Unit(s)
Location
Multi-Unit Information
Detached Unit Type: General Residential
Location Details
Directions: South on Highland from Park, make a left on Vanuys
MAAR Subdivision Name: SHERWOOD FOREST
Public facts
Beds: 2
Baths: 1.0
Sq. Ft.: 848
Stories: 1.0
Lot Size: 0.26 acres
Style: Single Family Residential
Year Built: 1947
Year Renovated: —
County: Shelby County
APN: 058044 00008
Home facts updated by county records on Jul 13, 2026
Around this home
Schools
Sherwood Elementary School
Public PreK-5 • Assigned • 0.4mi
4/10
Sherwood Middle School
Public 6-8 • Assigned • 0.1mi
5/10
Melrose High School
Public 9-12 • Assigned • 1.2mi
3/10
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 109° expected this year, 21 days in 30 years
4/10 Wind Factor
18% chance of strong winds in next 30 years
3/10 Air Factor
2 unhealthy days expected this year, 3 days in 30 years
Provided by First Street
Historical weather
Memphis, TN • 38111
Average low and high temperatures (°F)
46
30
57
37
71
50
77
58
78
63
88
72
92
77
90
72
85
68
77
57
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 4.8 hours in December, placing it above the
U.S. average for solar exposure.
10.5 hrs
4.8 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$93,000 – $113,000
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Property information provided by Memphis Area Association of Realtors(R) MLS when last listed in 2025. This data may not match public records. Learn more.