Showings will be permitted only after an accepted offer, do not disturb tenants. The property currently rents for $760 per month. This asset can also be purchased as part of a larger investment package totaling $3,766,500, providing an exceptional opportunity for buyers seeking a strong portfolio addition.
Rangeline, located between Summer Avenue and I-40, is a residential and commercial Memphis neighborhood with mid-century ranch homes and a car-oriented streetscape. The neighborhood’s character concentrates around the Summer Ave & White Station Rd corridor, where auto shops, taquerias, and small storefronts line wide lanes and bright signage. Summer Avenue’s long strip of local eateries and markets sets the everyday rhythm. Nearby, the Memphis Botanic Garden and Audubon Park add shaded trails and open lawns. Housing reads as practical brick, low-slung profiles, and deep driveways. The setting feels defined by arterial roads, pocket green space, and a steady, utilitarian pace.
Provided by Walk Score and Local Logic
Offer insights
4051 Ridgedale St · $95,000
$95.01K and above
75% chance or better to win
Why $95.01K+ is a strong offer
DAYS ON MARKET
60 days
The average home goes pending in 37 days.
SALE-TO-LIST
96.8%
Most homes are selling 3% below list price.
About offer insights
Property details
Interior
Exterior
Finance
Interior features
One fireplace
Seven total rooms
Single-story home
Living, dining and kitchen configured as an open/other arrangement
Bedrooms
Three bedrooms, all on the main/lower level
Bathrooms
One full bathroom
One half bathroom
Kitchen
Kitchen included (specific appliances not listed)
Flooring
Other flooring (see remarks)
Heating & cooling
Central heating
Central air conditioning
Exterior features
Brick veneer exterior
No pool
Lot described with additional remarks
Home design
Detached single-family home
Contemporary style
Built in 1958
Parking
One covered parking space
Driveway/pad parking
Side-load garage
Construction
Existing property
Utilities
Public utilities (implied)
Central heating and cooling
Electricity and solar
View estimated energy costs and solar savings for this home
Memphis Area Association of Realtors(R) MLS #10226486
Jul 19, 2026
Listed
$95,000
Public Records
Jun 28, 2019
Sold
$38,793
Memphis Area Association of Realtors(R) MLS #10046006
Jun 22, 2019
Price Changed
$38,793
Jun 19, 2019
Sold
$38,793
Feb 13, 2019
Listed
$45,000
This property is one of 29 in a Multiple Parcel Portfolio listed for $1,350,000. Properties will not be sold individually.
Memphis Area Association of Realtors(R) MLS #2581439
Mar 30, 2005
Sold
$35,000
Oct 5, 2004
Listed
$36,000
* * REDUCED * * BRING ALL OFFERS * * SOME REPAIRS ARE NEEDED. CASH OR CONVENTIONAL OFFERS ONLY. PROOF OF FUNDS AND MINIMUM $500 EM REQUIRED. CALL FOR DETAILS!!
Public Records
Feb 12, 1996
Sold
$48,000
Public Records
Jun 6, 1965
Sold
$14,800
Year
Property tax
Land + Additions
Assessment*
2025
$1,352 (+15.7%)
$2,450 + $23,200
$25,650
2024
$1,169 (+8.1%)
$2,450 + $23,200
$25,650
2023
$1,081
$2,200 + $15,550
$17,750
2022
$1,081 (−1.2%)
$2,200 + $15,550
$17,750
2021
$1,094 (+8.0%)
$2,200 + $15,550
$17,750
2020
$1,013
$2,200 + $15,550
$17,750
2019
$1,013
$2,200 + $11,775
$13,975
2018
$1,013 (+76.3%)
$2,200 + $11,775
$13,975
2017
$574 (−1.6%)
$2,200 + $11,775
$13,975
2016
$584
$2,200 + $11,775
$13,975
2014
$584
$2,200 + $11,175
$13,375
Public record
Public record
Zoning
Permits
Beds
3
Baths
1.5
Stories
1
Lot width
80 ft.
Lot depth
160 ft.
Lot size
0.29 Acres
Year renovated
—
Finished Sq. Ft.
1,542
Unfinished Sq. Ft.
—
Total Sq. Ft.
1,542
Year built
1961
Style
Single Family Residential
County
Shelby County
APN
071046 00005
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 14, 2026.
R-8
Residential Single-Family-8 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-8 which are differentiated primarily on the basis of minimum lot area and setback requirements. New R-8 districts are generally located at least 1,000 to 1,500 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
Sep 5, 2023 • Active
Residential electrical
Remove and replace the electrical meter box.
Electrical
Electric meter
Oct 7, 2020 • Final
Residential electrical
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.
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
3/10 Air Factor
3 unhealthy days expected this year, 4 days in 30 years
Provided by First Street
Historical weather
Memphis, TN • 38127
Average low and high temperatures (°F)
46
29
56
37
70
50
76
58
78
62
87
71
92
76
90
69
85
66
77
55
65
48
53
38
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
95/ 100
Exceptional sunlight
Sunscore
This home ranks in the top 10% for direct sun exposure in Memphis. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.2 hrs
5.8 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 4051 Ridgedale St
$88,642
$6,358 under list price of $95K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $55K to $104K.