Great investment opportunity! This CASHFLOW property will be fully renovated and brought to 2018 standards! Target rent = $1,595 and professional property management is in place! This brick home features Hard surface floors, updated kitchen and bathrooms, newer working HVAC, and much more!
Memphis Area Association of Realtors(R) MLS #10040735
Dec 28, 2018
Sold
$89,900
$75/sq ft
Nov 14, 2018
Listed
$89,900
$75/sq ft
Memphis Area Association of Realtors(R) MLS #3198223
Jun 8, 2010
Sold
$23,000
$19/sq ft
May 5, 2010
Listed
$22,000
$18/sq ft
+7
3BR/2BA home in Park Acres (Southpark Elem, Colonial Middle, Overton High Schools). Purchase of property will be by cash at closing or on terms acceptable to seller. Investor offers cannot be presented for 15 days from list date.
Public Records
Sep 28, 1988
Sold
$54,000
$45/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$1,793 (+23.4%)
$4,500 + $29,525
$34,025
2024
$1,454 (+8.1%)
$4,500 + $29,525
$34,025
2023
$1,345
$2,600 + $19,475
$22,075
2022
$1,345 (−1.2%)
$2,600 + $19,475
$22,075
2021
$1,361 (−9.1%)
$2,600 + $19,475
$22,075
2020
$1,496
$2,600 + $19,475
$22,075
2019
$1,496 (+38.8%)
$2,375 + $18,275
$20,650
2018
$1,078 (+76.3%)
$2,375 + $18,275
$20,650
2017
$611 (−7.6%)
$2,375 + $12,500
$14,875
2016
$662
$2,375 + $12,500
$14,875
2014
$662
$2,650 + $12,500
$15,150
Tax history for 4123 Rhodes Ave
Year
Property tax
Land + Additions
Assessment*
2025
$1,793 (+23.4%)
$4,500 + $29,525
$34,025
2024
$1,454 (+8.1%)
$4,500 + $29,525
$34,025
2023
$1,345
$2,600 + $19,475
$22,075
2022
$1,345 (−1.2%)
$2,600 + $19,475
$22,075
2021
$1,361 (−9.1%)
$2,600 + $19,475
$22,075
2020
$1,496
$2,600 + $19,475
$22,075
2019
$1,496 (+38.8%)
$2,375 + $18,275
$20,650
2018
$1,078 (+76.3%)
$2,375 + $18,275
$20,650
2017
$611 (−7.6%)
$2,375 + $12,500
$14,875
2016
$662
$2,375 + $12,500
$14,875
2014
$662
$2,650 + $12,500
$15,150
*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
Beds
3
Baths
2
Stories
1
Lot width
65 ft.
Lot depth
144 ft.
Lot size
8,982 Sq. Ft.
Year renovated
1980
Sq. Ft.
1,282
Year built
1953
Style
Single Family Residential
County
Shelby County
APN
058120 00012
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Oct 22, 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.
Floors/Ceilings: Wood Laminate Floors, Part Carpet, Tile
Fireplace: Other (See Remarks)
Room Information
Living Room Dimensions:
Dining Room Dimensions:
Den/Great Room Dimensions:
Dining Room Dimensions: 0x0
Living Room Dimensions: 0x0
Living/Dining/Kitchen: Living Room/Dining Room Combination, Washer/Dryer Connection In Kitchen
Den/Great Room Dimensions: 0x0
Additional Bedroom/Bathroom Info: All Bedrooms Down
Exterior
Exterior Features
Pool Description: None
Miscellaneous Exterior: Wrought Iron Security Doors
Exterior/Windows: Wood/Composition
Foundation: Slab
Roof: Composition Shingles
Land Information
Acreage: 0.2
Lot Information
Parcel ID: 058120 00012
Lot #: 174
Lot Size: 65x144
Lot Description: Some Trees
Area: 758C
Property Information
Detached Single Family
Style: Traditional
Property Construction Status: Existing Property
Approx Heated Sq. Ft. Range: 1200-1399
Year Built: 1952
Financial
Tax Information
Annual City Tax: $515
Annual County Tax: $662
Utilities
Utility Information
Water & Sewer: Public Water, Public Sewer
Heating: Central
Cooling: Central
Location
Multi-Unit Information
Detached Unit Type: General Residential
Location Details
Directions: Head west on Summer Ave toward Cadraca Dr Turn left onto N Perkins Rd Continue onto Perkins Extd Turn right onto Park Ave Turn left onto Cherry Rd Turn right onto Woodcrest Dr Turn right at the 2nd cross st
MAAR Subdivision Name: PARK ACRES
Public facts
Beds: 3
Baths: 2.0
Sq. Ft.: 1,282
Stories: 1.0
Lot Size: 8,982 square feet
Style: Single Family Residential
Year Built: 1953
Year Renovated: 1980
County: Shelby County
APN: 058120 00012
Home facts updated by county records on Oct 22, 2026
Around this home
Schools
K - 12
Preschool & daycare
South Park Elementary School
Public PreK-5 • Assigned • 1.1mi
4/10
Colonial Middle School
Public 6-8 • Assigned • 1.4mi
6/10
Overton High School
Public 9-12 • Assigned • 1.6mi
3/10
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
3/10 Air Factor
2 unhealthy days expected this year, 3 days in 30 years
Provided by First Street
Historical weather
Memphis, TN • 38111
Average low and high temperatures (°F)
46
30
57
37
71
50
77
58
78
63
88
72
92
77
90
72
87
68
75
58
65
49
54
39
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 10.5 hours in
June and 4.8 hours in December, placing it above the
U.S. average for solar exposure.
10.5 hrs
4.8 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$141,000 – $171,000
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