Renovated three bedroom, one bath home at a price point that works for a first-time buyer or an investor. Updates include a new roof, recently replaced HVAC, new flooring, fresh paint throughout, electrical updates, and all windows reworked. The bath has a new vanity, fixtures and a tiled tub surround, and the kitchen has white cabinets and a black tile backsplash. Deep lot with a long driveway and an open back yard.
South Memphis Planning Dist, located between Downtown Memphis and the Mississippi state line, is a historic and industrial Memphis neighborhood with rail corridors and landmark music sites. The neighborhood’s character concentrates around the Stax Museum of American Soul Music on McLemore Avenue, where museumgoers, murals, and small local storefronts set a grounded, creative tone. Stax Museum of American Soul Music, The Four Way Soul Food Restaurant, and Earnestine & Hazel’s anchor local culture with deep Memphis roots. Housing ranges from early-20th-century cottages to brick mid-century blocks, with wide streets and working corridors shaping the streetscape. Martin Luther King Jr. Riverside Park and the riverfront add open-air breathing room. Major arterials like South Parkway and Elvis Presley Boulevard frame daily movement across the district.
Provided by Walk Score and Local Logic
Offer insights
400 Fairhope Rd · $115,000
$115K and above
75% chance or better to win
Why $115K+ is a strong offer
DAYS ON MARKET
22 days
The average home goes pending in 38 days.
SALE-TO-LIST
96.8%
Most homes are selling 3% below list price.
About offer insights
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Dining
Interior features
Pull-down attic stairs and attic access
Vent hood / exhaust fan
Textured ceilings
Vinyl flooring
Living room and dining room (combination possible)
Updated/renovated kitchen
Eat-in kitchen
Washer/dryer connections (in kitchen)
Bedrooms
Three bedrooms, all on the main level
Bedroom 2 shares bathroom
Bedroom 3 shares bathroom
Primary bedroom on Level 1
Bathrooms
One full bathroom (renovated)
Kitchen
Renovated kitchen
Eat-in kitchen
Vent hood / exhaust fan
Laundry & utility
Washer and dryer connections in the kitchen
Flooring
Vinyl floors
Heating & cooling
Central heating
Cooling: Other (see remarks)
Exterior features
Porch and patio
Outdoor storage
Wrought iron security doors
Brick veneer exterior
Aluminum windows
Steel insulated exterior doors
Composition shingle roof
Some trees
Level lot
Home design
Detached single-family home
Ranch style
One story
Built in 1961
Parking
Driveway/pad parking
Security
Wrought iron doors and window guards
Construction
Brick veneer construction
Composition shingle roof
Steel insulated doors
Utilities
Public water
Public sewer
Electric service (implied)
Financial info
Financing options: Conventional, FHA, VA
Electricity and solar
View estimated energy costs and solar savings for this home
Memphis Area Association of Realtors(R) MLS #10228897
Aug 31, 2026
Price Changed
$115,000
Aug 21, 2026
Listed
$120,000
Year
Property tax
Land + Additions
Assessment*
2025
$868 (+24.1%)
$1,875 + $14,600
$16,475
2024
$700 (+8.1%)
$1,875 + $14,600
$16,475
2023
$647
$1,350 + $9,275
$10,625
2022
$647 (−1.2%)
$1,350 + $9,275
$10,625
2021
$655 (+10.9%)
$1,350 + $9,275
$10,625
2020
$591
$1,350 + $9,275
$10,625
2019
$591
$1,350 + $6,800
$8,150
2018
$591 (+76.3%)
$1,350 + $6,800
$8,150
2017
$335 (−11.6%)
$1,350 + $6,800
$8,150
2016
$379
$1,350 + $6,800
$8,150
2014
$379
$1,350 + $7,325
$8,675
Public record
Public record
Zoning
Beds
2
Baths
1
Stories
1
Lot width
55 ft.
Lot depth
164 ft.
Lot size
8,308 Sq. Ft.
Year renovated
—
Finished Sq. Ft.
972
Unfinished Sq. Ft.
—
Total Sq. Ft.
972
Year built
1961
Style
Single Family Residential
County
Shelby County
APN
075087 00063
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 14, 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
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
16% 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
69/ 100
Moderate sunlight
Sunscore
There appears to be some shading by surrounding buildings, terrain, and vegetation.
7.3 hrs
5 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 400 Fairhope Rd
$112,536
$2,464 under list price of $115K
Nearby comparable homes
The Redfin Estimate uses 5 recent nearby sales, priced between $85K to $154K.