Renovated rental property with an active lease in place. Currently leased at $750 with a lease expiration of 08/31/2026. No creative finance offers. This home is part of a 103 home package.
Nutbush, located between Highland Heights and Berclair, is a residential and commercial Memphis neighborhood with mid-century brick ranches and a storied musical legacy. The neighborhood’s energy concentrates around the Macon Rd and Graham St corridor, where barbershops, beauty salons, takeout counters, and small storefronts set a steady, everyday rhythm. Broad lawns, deep setbacks, and tidy one-story homes define many blocks, while Macon Road carries the area’s working retail spine. The Nutbush community is closely tied to the Tina Turner Museum at Flagg Grove School, a touchstone for local history. Nearby, the Memphis Brooks Museum of Art and the Memphis Zoo add cultural gravity beyond the neighborhood’s edges.
Provided by Walk Score and Local Logic
Offer insights
3818 Grey Rd · $121,030
$121K and above
75% chance or better to win
Why $121K+ is a strong offer
DAYS ON MARKET
225 days
The average home goes pending in 36 days.
SALE-TO-LIST
96.9%
Most homes are selling 3% below list price.
About offer insights
Property details
Interior
Exterior
Finance
Interior features
Single-story layout
Six total rooms
Open living/dining/kitchen area
Other interior finishes noted in remarks
Bedrooms
Three bedrooms (all on the main/lower level)
Bathrooms
One full bathroom
Kitchen
Kitchen open to living/dining area
Flooring
Flooring/ceilings: other (see remarks)
Heating & cooling
Central heating
Central air conditioning
Exterior features
Level lot
No pool
Other exterior and window features noted in remarks
Home design
Detached single-family home
Traditional style
Built in 1942
Parking
Parking/storage: other (see remarks)
Construction
Existing property
Utilities
City water and sewer (standard public utilities assumed)
Other
Lot approximately 0.14 acres
Lot dimensions noted as 94 x 106
Electricity and solar
View estimated energy costs and solar savings for this home
Memphis Area Association of Realtors(R) MLS #10213277
Jan 20, 2026
Listed
$121,030
Memphis Area Association of Realtors(R) MLS #242457
Jul 28, 1997
Listed
$44,900
Year
Property tax
Land + Additions
Assessment*
2025
$615 (+64.7%)
$2,325 + $9,350
$11,675
2024
$374 (+8.1%)
$2,325 + $9,350
$11,675
2023
$346
$875 + $4,800
$5,675
2022
$346 (−1.2%)
$875 + $4,800
$5,675
2021
$350 (+7.3%)
$875 + $4,800
$5,675
2020
$326
$875 + $4,800
$5,675
2019
$326
$725 + $3,775
$4,500
2018
$326 (+76.3%)
$725 + $3,775
$4,500
2017
$185 (−25.4%)
$725 + $3,775
$4,500
2016
$248
$725 + $3,775
$4,500
2014
$248
$775 + $4,900
$5,675
Public record
Public record
Zoning
Permits
Beds
3
Baths
1
Stories
1
Lot width
94 ft.
Lot depth
106 ft.
Lot size
6,510 Sq. Ft.
Year renovated
—
Finished Sq. Ft.
1,222
Unfinished Sq. Ft.
—
Total Sq. Ft.
1,222
Year built
1942
Style
Single Family Residential
County
Shelby County
APN
053007 00005
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 13, 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
Oct 7, 2020 • Final
Residential mechanical
Remove and replace the water heater.
Plumbing
Water heater
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 109° expected this year, 21 days in 30 years
4/10 Wind Factor
18% 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 • 38108
Average low and high temperatures (°F)
46
30
57
37
71
50
77
58
79
63
88
72
93
77
90
71
85
67
78
56
65
49
54
39
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
90/ 100
Exceptional sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
10.2 hrs
6.7 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 3818 Grey Rd
$113,552
$7,478 under list price of $121K
Nearby comparable homes
The Redfin Estimate uses 2 recent nearby sales, priced between $131K to $140K.