Investors only! Tenant Occupied Property being marketed for sale to investors. Nice brick home with covered parking & currently rented at $940. Professionally managed (leases, ledgers, work history available upon request). ONLINE VIDEO AVAILABLE UPON REQUEST. This home could be an excellent addition to your rental/investment portfolio & is in good shape. Tenant pays on time! Seller is also selling 4434 Tena (can buy them individually or in bulk). Do Not Disturb tenants.
Memphis Area Association of Realtors(R) MLS #10166172
Apr 19, 2024
Sold
$102,000
$93/sq ft
Feb 19, 2024
Listed
$105,000
$96/sq ft
+2
Investors only! Tenant Occupied Property being marketed for sale to investors. Nice brick home with covered parking & currently rented at $940. Professionally managed (leases, ledgers, work history available upon request). ONLINE VIDEO AVAILABLE UPON REQUEST. This home could be an excellent addition to your rental/investment portfolio & is in good shape. Tenant pays on time! Seller is also selling 4434 Tena (can buy them individually or in bulk). Do Not Disturb tenants.
Memphis Area Association of Realtors(R) MLS #10004744
Oct 26, 2017
Sold
$75,000
$69/sq ft
Jun 15, 2017
Listed
$75,000
$69/sq ft
Nearby schools include Westhaven Elementary School, Fairley Elementary School and Fairley High School. The closest grocery stores are Pop's Grocery & Deli, Pac N Snac and Happy Market. Nearby restaurants include Old School Hot Wings, Wendy's and Dixie Queen. 387 Stoneham Rd is near Whitehaven Park, Westwood Park and T. O. Fuller State Park.
Public Records
Apr 3, 1967
Sold
$13,000
$12/sq ft
Public Records
Aug 3, 1966
Sold
$12,000
$11/sq ft
Public Records
Jul 3, 1963
Sold
$12,375
$11/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$1,340 (+19.7%)
$3,875 + $21,550
$25,425
2024
$1,120 (+8.1%)
$3,875 + $21,550
$25,425
2023
$1,036
$2,775 + $14,225
$17,000
2022
$1,036 (−1.2%)
$2,775 + $14,225
$17,000
2021
$1,048 (+6.7%)
$2,775 + $14,225
$17,000
2020
$982
$2,775 + $14,225
$17,000
2019
$982
$2,775 + $10,775
$13,550
2018
$982 (+76.3%)
$2,775 + $10,775
$13,550
2017
$557 (−1.8%)
$2,775 + $10,775
$13,550
2016
$567
$2,775 + $10,775
$13,550
2014
$567
$2,775 + $10,200
$12,975
Tax history for 387 Stoneham Rd
Year
Property tax
Land + Additions
Assessment*
2025
$1,340 (+19.7%)
$3,875 + $21,550
$25,425
2024
$1,120 (+8.1%)
$3,875 + $21,550
$25,425
2023
$1,036
$2,775 + $14,225
$17,000
2022
$1,036 (−1.2%)
$2,775 + $14,225
$17,000
2021
$1,048 (+6.7%)
$2,775 + $14,225
$17,000
2020
$982
$2,775 + $14,225
$17,000
2019
$982
$2,775 + $10,775
$13,550
2018
$982 (+76.3%)
$2,775 + $10,775
$13,550
2017
$557 (−1.8%)
$2,775 + $10,775
$13,550
2016
$567
$2,775 + $10,775
$13,550
2014
$567
$2,775 + $10,200
$12,975
*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
Permits
Beds
3
Baths
1.5
Stories
1
Lot width
75 ft.
Lot depth
140 ft.
Lot size
10,500 Sq. Ft.
Year renovated
—
Sq. Ft.
1,094
Year built
1960
Style
Single Family Residential
County
Shelby County
APN
076075 00003
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
Replace the electrical meter socket, riser, and service panel.
Electrical
Electric meter
Oct 7, 2020 • Final
Residential plumbing
Replace a 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.
Property details
Parking
Parking Information
Covered Spaces: 2
Parking Total: 2
Parking Features: Attached, Parking Pad
Has Carport
Carport Spaces: 2
Interior
Bedroom Information
# of Bedrooms: 3
Bathroom Information
# of Full Baths (Total): 1
# of Half Baths (Total): 1
Room 1 Information
Room Type: Bedroom 1
Room Features: Half Bath
Heating & Cooling
Has Heating
Heating Information: Central
Has Cooling
Cooling Information: Central Air
Interior Features
Flooring: Wood
Exterior
Exterior Features
Patio And Porch Features: Patio
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: 0.24
Lot Size Units: Acres
Lot Size Acres: 0.24
Lot Size Dimensions: 75X140
Financial
Tax Information
Tax Annual Amount: $1,035
Location
Location Information
Directions: Elvis Presley Blvd south turn west on Shelby Dr. Turn right on Hodge Rd and then left on Stoneham past Westhaven Elem. school
Public facts
Beds: 3
Baths: 1.5
Sq. Ft.: 1,094
Stories: 1.0
Lot Size: 10,500 square feet
Style: Single Family Residential
Year Built: 1960
Year Renovated: —
County: Shelby County
APN: 076075 00003
Home facts updated by county records on Jul 14, 2026
Other
Home Information
Living Area: 1094
Living Area Units: Square Feet
Living Area Source: Assessor
Building Area Total: 1094
Building Area Units: Square Feet
Building Area Source: Assessor
Year Built Details: Existing
Levels: Three Or More
Around this home
Schools
Westhaven Elementary School
Public PreK-5 • Assigned • 0.1mi
6/10
Fairley High School
Charter 9-12 • Assigned • 0.9mi
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 109° expected this year, 21 days in 30 years
4/10 Wind Factor
18% chance of strong winds in next 30 years
2/10 Air Factor
2 unhealthy days expected this year, 2 days in 30 years
Provided by First Street
Historical weather
Memphis, TN • 38109
Average low and high temperatures (°F)
46
30
56
38
71
50
77
58
78
63
87
72
92
76
89
71
85
67
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 10.6 hours in
June and 4.8 hours in December, placing it above the
U.S. average for solar exposure.
10.6 hrs
4.8 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$113,000 – $137,000
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