A fantastic opportunity to add an income producing property to your portfolio. Property is leased for $1495/mo until 4/2/27. No showings until accepted offer. DO NOT DISTURB TENANT.
Single-familyProperty Type
1955Year Built
0.6 acresLot Size
Listed by Farris Ibrahim• Renshaw Company, REALTORS
Springhill Community Civic Club, located between I-240 and Poplar Avenue, is a residential and suburban Memphis neighborhood with curving streets and mature tree cover. The neighborhood’s character concentrates around the Poplar Avenue corridor near Ridgeway Road, where office parks, local eateries, and steady commuter traffic set a polished, weekday rhythm. Housing trends toward mid-century ranches and later brick builds on generous lots, with a quiet, inward-facing street pattern. Daily routines often orbit nearby green space and the retail spine along Poplar. Cultural touchpoints sit close by at the Memphis Botanic Garden and the Dixon Gallery & Gardens. The feel is orderly and low-key, with most activity flowing to the main arterials.
Provided by Walk Score and Local Logic
Offer insights
4060 Tessland Rd · $139,900
$140K and above
75% chance or better to win
Why $140K+ is a strong offer
DAYS ON MARKET
122 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
Eight total rooms
Single-story layout
Wood laminate floors
All bedrooms located on the main level
Separate living room (living/dining/kitchen not combined)
Bedrooms
Four bedrooms (all on the main level)
Bathrooms
Two full bathrooms
Flooring
Wood laminate flooring throughout
Heating & cooling
Central heating
Central air conditioning
Exterior features
Front or rear porch
Level lot
Home design
Detached single-family home
Traditional style
Built in 1955
Parking
Driveway/pad
Construction
Brick veneer exterior
Utilities
Central heating and cooling (listed under utilities)
Electricity and solar
View estimated energy costs and solar savings for this home
Memphis Area Association of Realtors(R) MLS #10221164
Jul 21, 2026
Price Changed
$139,900
May 8, 2026
Listed
$149,900
APPFOLIO #1
Apr 4, 2026
Rental Removed
$1,495
Mar 29, 2026
Price Changed
$1,495
Mar 15, 2026
Listed for Rent
$1,600
Public Records
Dec 22, 2022
Sold
$75,000
Year
Property tax
Land + Additions
Assessment*
2025
$3,014 (+116.9%)
$1,475 + $55,700
$57,175
2024
$1,390 (+8.1%)
$1,475 + $55,700
$57,175
2023
$1,285
$1,425 + $19,675
$21,100
2022
$1,285 (−1.2%)
$1,425 + $19,675
$21,100
2021
$1,300 (−2.3%)
$1,425 + $19,675
$21,100
2020
$1,331
$1,425 + $19,675
$21,100
2019
$1,331
$1,425 + $16,950
$18,375
2018
$1,331 (+76.3%)
$1,425 + $16,950
$18,375
2017
$755 (+0.6%)
$1,425 + $16,950
$18,375
2016
$751
$1,425 + $16,950
$18,375
2014
$751
$1,425 + $15,775
$17,200
Public record
Public record
Zoning
Beds
4
Baths
3
Stories
1
Lot width
104 ft.
Lot depth
254 ft.
Lot size
0.61 Acres
Year renovated
—
Finished Sq. Ft.
2,140
Unfinished Sq. Ft.
—
Total Sq. Ft.
2,140
Year built
1958
Style
Single Family Residential
County
Shelby County
APN
090032 00026
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
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 110° expected this year, 21 days in 30 years
4/10 Wind Factor
15% 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 • 38128
Average low and high temperatures (°F)
46
29
57
36
71
50
78
58
79
62
89
72
93
76
89
70
85
66
77
55
65
48
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.
9.4 hrs
6.1 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 4060 Tessland Rd
$133,476
$6,424 under list price of $140K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $100K to $175K.