Recently updated home with tenant in place on a 2-year lease. Tenant paying $1,295 in year 1 and $1,345 in year two. Lease just signed! Our repairs & updates make this a great investment property to maximize cash flow. Professionally managed and if buyer uses current management, then will warrant work within four walls for a year. Can be bought individually or part of a package of fully renovated homes. Call listing agent for details. Do not disturb tenants.
Single-familyProperty Type
1964Year Built
8,712 sq ftLot Size
$143Est. Price/Sq.Ft.
1 spaceParking
Listed by Andrew Akins• CB Properties of Memphis, LLC
Bought with Andrew Akins• CB Properties of Memphis, LLC
Memphis Area Association of Realtors(R) MLS #10167782
Aug 23, 2024
Sold
$169,900
$142/sq ft
Apr 9, 2024
Price Changed
$169,900
$142/sq ft
Mar 19, 2024
Price Changed
$170,900
$142/sq ft
Mar 13, 2024
Listed
$172,900
$144/sq ft
Public Records
Feb 2, 2024
Sold
$125,000
$104/sq ft
Public Records
Oct 29, 2021
Sold
$110,400
$92/sq ft
Memphis Area Association of Realtors(R) MLS #10110630
Oct 22, 2021
Sold
$110,500
$92/sq ft
Aug 18, 2021
Listed
$115,000
$96/sq ft
Three bedroom and two bath home for sale in Raleigh!
Public Records
Jun 22, 2018
Sold
$86,000
$72/sq ft
Memphis Area Association of Realtors(R) MLS #10021803
Mar 24, 2018
Sold
$60,000
$50/sq ft
Mar 7, 2018
Listed
$64,900
$54/sq ft
Nice brick home, currently vacant and easy to show. Central heat/air, hardwood and carpet, patio off the back, good condition being sold "as-is". Call listing agent for showing instructions, more information.
Public Records
Jan 12, 2015
Sold
$89,900
$75/sq ft
Public Records
Jun 9, 2014
Sold
$58,500
$49/sq ft
Memphis Area Association of Realtors(R) MLS #3288763
Apr 7, 2014
Sold
$42,000
$35/sq ft
Jan 15, 2014
Listed
$60,000
$50/sq ft
Memphis Area Association of Realtors(R) MLS #2670128
Sep 28, 2007
Sold
$90,000
$75/sq ft
Mar 28, 2007
Listed
$94,900
$79/sq ft
Memphis Area Association of Realtors(R) MLS #2667251
Mar 26, 2007
Sold
$45,000
$38/sq ft
Mar 5, 2007
Listed
$37,500
$31/sq ft
Public Records
Jul 6, 1998
Sold
$64,000
$53/sq ft
Public Records
Apr 3, 1995
Sold
$45,000
$38/sq ft
Public Records
Apr 6, 1994
Sold
$50,233
$42/sq ft
Public Records
Aug 12, 1988
Sold
$60,900
$51/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$2,226 (+50.2%)
$3,350 + $38,875
$42,225
2024
$1,482 (+8.1%)
$3,350 + $38,875
$42,225
2023
$1,371
$2,425 + $20,075
$22,500
2022
$1,371 (−1.2%)
$2,425 + $20,075
$22,500
2021
$1,387 (+32.0%)
$2,425 + $20,075
$22,500
2020
$1,051
$2,425 + $20,075
$22,500
2019
$1,051
$2,425 + $12,075
$14,500
2018
$1,051 (+76.3%)
$2,425 + $12,075
$14,500
2017
$596 (+1.7%)
$2,425 + $12,075
$14,500
2016
$586
$2,425 + $12,075
$14,500
2014
$586
$2,425 + $11,000
$13,425
Tax history for 4146 Crain Rd
Year
Property tax
Land + Additions
Assessment*
2025
$2,226 (+50.2%)
$3,350 + $38,875
$42,225
2024
$1,482 (+8.1%)
$3,350 + $38,875
$42,225
2023
$1,371
$2,425 + $20,075
$22,500
2022
$1,371 (−1.2%)
$2,425 + $20,075
$22,500
2021
$1,387 (+32.0%)
$2,425 + $20,075
$22,500
2020
$1,051
$2,425 + $20,075
$22,500
2019
$1,051
$2,425 + $12,075
$14,500
2018
$1,051 (+76.3%)
$2,425 + $12,075
$14,500
2017
$596 (+1.7%)
$2,425 + $12,075
$14,500
2016
$586
$2,425 + $12,075
$14,500
2014
$586
$2,425 + $11,000
$13,425
*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
70 ft.
Lot depth
125 ft.
Lot size
8,750 Sq. Ft.
Year renovated
1995
Sq. Ft.
1,383
Year built
1965
Style
Single Family Residential
County
Shelby County
APN
085002 00057
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
Property details
Parking
Parking Information
# of Covered Parking Spaces: 1
Parking/Storage: Driveway/Pad
Interior
Bedroom Information
# of Bedrooms (Lower): 3
# of Bedrooms: 3
# of Bedrooms: 3
# of Bedrooms Down: 3
Master Bedroom Dimensions: 12 x 14
Master Bedroom Dimensions: 12 x 14
Bathroom Information
# of Baths (Full): 2
# of Bathrooms (Full): 2
Interior Features
# of Rooms: 7
# of Stories: 1
Floors/Ceilings: Part Hardwood
Room Information
Living Room Dimensions: 15 x 12
Dining Room Dimensions:
Den/Great Room Dimensions:
Dining Room Dimensions: 0x0
Living Room Dimensions: 15x12
Living/Dining/Kitchen: Updated/Renovated Kitchen
Den/Great Room Dimensions: 0x0
Additional Bedroom/Bathroom Info: All Bedrooms Down
Exterior
Exterior Features
Pool Description: None
Miscellaneous Exterior: Porch
Exterior/Windows: Brick Veneer
Land Information
Acreage: 0.2
Lot Information
Parcel ID: 085002 00057
Lot #: 55
Lot Size: 70X125
Lot Description: Level
Area: 734D
Property Information
Detached Single Family
Style: Traditional
Property Construction Status: Existing Property
Approx Heated Sq. Ft. Range: 1200-1399
Year Built: 1964
Financial
Tax Information
Annual City Tax: $608
Annual County Tax: $763
Financing
Buyer Contributions: 0
Utilities
Utility Information
Heating: Central
Cooling: Central
Location
Multi-Unit Information
Detached Unit Type: General Residential
Location Details
Directions: West on Raleigh Millington. Right onto Crain. Home on the left.
MAAR Subdivision Name: RALEIGH TERRACE 1ST ADD
Public facts
Beds: 3
Baths: 2.0
Sq. Ft.: 1,383
Stories: 1.0
Lot Size: 8,750 square feet
Style: Single Family Residential
Year Built: 1965
Year Renovated: 1995
County: Shelby County
APN: 085002 00057
Home facts updated by county records on Jul 14, 2026
Around this home
Schools
Scenic Hills Elementary School
Public PreK-5 • Assigned • 1.6mi
3/10
Raleigh Egypt High School
Public 6-12 • Assigned • 1.6mi
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 110° expected this year, 21 days in 30 years
4/10 Wind Factor
16% 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
In this area, properties receive around 10.5 hours in
June and 4.7 hours in December, placing it above the
U.S. average for solar exposure.
10.5 hrs
4.7 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$164,000 – $198,000
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