Google street view image for 3955 Neely Rd, Memphis, TN 38109

Off market

—

•

1 ba

•

57,442

sq ft

3955 Neely Rd, Memphis, TN 38109

About this home

3955 Neely Rd is a 57,442 square foot multi-family home on a 4.58 acre lot with 2 bedrooms and 1 bathroom.

Multi-familyProperty Type

2002Year Built

4.58 acresLot Size

Source:Public Records

Redfin Estimate

There isn’t enough information to generate an accurate estimate at this time. Learn More

Market trends in 38109, TN

Last updated September 2026

Buyer's Market

Seller's Market

Balanced market

Sale-to-List Price

95.3%

+1.6% MoM

Median sale price

$114K

$14K MoM

Avg. days on market

36d

11 days MoM

Recently sold homes

4 MoM

New listings for sale

NEW 27 HRS AGO
$106,000
3 beds1 bath— sq ft
21 W Dunbar Rd, Memphis, TN 38109
$90,000
4 beds1.5 baths— sq ft
822 Eyers Rd, Memphis, TN 38109
$99,900
3 beds1.5 baths— sq ft
3444 Southland St, Memphis, TN 38109
$79,900
3 beds1 bath— sq ft
96 Vaal St, Memphis, TN 38109
$79,900
3 beds1 bath— sq ft
375 George Rd, Memphis, TN 38109
FOR SALE BY OWNER
$100,000
3 beds2 baths1,050 sq ft
1591 Florida St, Memphis, TN 38109
$44,900
4 beds1.5 baths— sq ft
1063 Canary Ln, Memphis, TN 38109
$84,900
2 beds1 bath— sq ft
445 Bonita Dr, Memphis, TN 38109
$75,000
2 beds1 bath— sq ft
486 Sanford Rd, Memphis, TN 38109
$68,500
3 beds1 bath— sq ft
432 W Peebles Rd, Memphis, TN 38109
See all

Provided by Redfin

Sale history for 3955 Neely Rd

As the MLS and public records start to fill up, we'll list the details here.

Year

Property tax

Land + Additions

Assessment*

2025

$42,202 (−11.3%)

$89,760 + $710,920

$800,680

2024

$47,573 (+4.6%)

$89,760 + $710,920

$800,680

2023

$45,497

$89,760 + $632,640

$722,400

2022

$45,497 (−1.2%)

$89,760 + $657,120

$746,880

2021

$46,031 (+27.9%)

$89,760 + $657,120

$746,880

2020

$36,001

$89,760 + $657,120

$746,880

2019

$36,001

$89,760 + $407,080

$496,840

2018

$36,001 (+44.6%)

$89,760 + $407,080

$496,840

2017

$24,898 (+9.4%)

$89,760 + $407,080

$496,840

2016

$22,765 (−24.4%)

$89,760 + $516,040

$605,800

2014

$30,107

$89,760 + $599,200

$688,960

Tax history for 3955 Neely Rd

Year

Property tax

Land + Additions

Assessment*

2025

$42,202 (−11.3%)

$89,760 + $710,920

$800,680

2024

$47,573 (+4.6%)

$89,760 + $710,920

$800,680

2023

$45,497

$89,760 + $632,640

$722,400

2022

$45,497 (−1.2%)

$89,760 + $657,120

$746,880

2021

$46,031 (+27.9%)

$89,760 + $657,120

$746,880

2020

$36,001

$89,760 + $657,120

$746,880

2019

$36,001

$89,760 + $407,080

$496,840

2018

$36,001 (+44.6%)

$89,760 + $407,080

$496,840

2017

$24,898 (+9.4%)

$89,760 + $407,080

$496,840

2016

$22,765 (−24.4%)

$89,760 + $516,040

$605,800

2014

$30,107

$89,760 + $599,200

$688,960

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Zoning and permits

Zoning
Permits

RU-3

Residential Urban-3 District

Residential development in the RU-3 District allows a variety of housing types including single-family detached (conventional, side yard house, Cottage), single-family attached (semi-attached, two-family, townhouse), and multifamily (large home, stacked townhouse, apartment). New RU-3 districts are generally located in an infill or redevelopment location where similar lot sizes are part of the original fabric of development. Additionally, RU-3 districts should have a shared street network with and are generally located at least 500 ft from a CMU-1, CMU2, CMU-3, or CBD district or are within 500 ft of 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

Oct 7, 2020 • Final

Commercial mechanical

Work on an automatic fire protection system.

Fire sprinkler

Oct 7, 2020 • Final

Commercial electrical

Install a new electrical service panel.

Electrical

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

Interior

Bathroom Information
# of Full Baths: 1

Exterior

Exterior Information
Building Type: Apartment

Property Information
Subdivision Name: NEELY ESTATE
Building Sq. Ft: 57,442
Legal Description: WS NEELY RD SEE MAP RS-5 & 6 (TILE# 417)

Lot Information
# of Buildings: 2
Land Sq. Ft: 199,505
Legal Lot Number: 7
Municipality Name: MEMPHIS
Acres: 4.58
Zoning Code: RU-3
County Use Description: APARTMENT COMPLEX

Financial

Assessor Information
Assessment Year: 2026

Public facts

Beds: 2
Baths: 1.0
Sq. Ft.: 57,442
Stories: —
Lot Size: 4.58 acres
Style: Multi-Family (5+ Unit)
Year Built: 2002
Year Renovated: —
County: Shelby County
APN: 076034 00089

Home facts updated by county records on Jul 14, 2026

Around this home

Schools

Westhaven Elementary School

Public PreK-5 • Assigned • 1.3mi

6/10

A. Maceo Walker Middle School

Public 6-8 • Assigned • 3.2mi

6/10

Fairley High School

Charter 9-12 • Assigned • 2.0mi

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

19% 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)

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

Is this your home?

Track this home’s value and nearby sales activity

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New listings for sale in 38109

NEW 27 HRS AGO

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3 beds1 bath— sq ft

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$90,000

4 beds1.5 baths— sq ft

822 Eyers Rd, Memphis, TN 38109

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3 beds1.5 baths— sq ft

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$79,900

3 beds1 bath— sq ft

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$79,900

3 beds1 bath— sq ft

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FOR SALE BY OWNER

$100,000

3 beds2 baths1,050 sq ft

1591 Florida St, Memphis, TN 38109

$44,900

4 beds1.5 baths— sq ft

1063 Canary Ln, Memphis, TN 38109

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2 beds1 bath— sq ft

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Home values near 3955 Neely Rd

Data from public records.

Address	Redfin Estimate
215 Wesley Forest Dr, Memphis, TN 3 Beds \| 2.5 Baths \| - Sq. Ft.	$245,467
4014 Wesley Forest Pl S, Memphis, TN 3 Beds \| 2.5 Baths \| 1444 Sq. Ft.	$203,745

Address	Redfin Estimate
4025 Wesley Forest Pl S, Memphis, TN 3 Beds \| 2.5 Baths \| - Sq. Ft.	$240,577
4010 Wesley Forest Pl S, Memphis, TN 3 Beds \| 2.5 Baths \| 1444 Sq. Ft.	$210,111

Address	Redfin Estimate
250 Wesley Oaks Dr, Memphis, TN 1 Beds \| 1 Baths \| 5222 Sq. Ft.	—
210 Wesley Forest Pl N, Memphis, TN 3 Beds \| 2.5 Baths \| 1572 Sq. Ft.	$212,637

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Redfin Estimate

Market trends in 38109, TN

Sale history for 3955 Neely Rd

Tax history for 3955 Neely Rd

Zoning and permits

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Is this your home?

Nearby similar homes

New listings for sale in 38109

Home values near 3955 Neely Rd

More real estate resources