Fantastic investment opportunity in the Shelby area. This 3br/1.1 bath single-family home is in the 38118 area. Cash flowing with a monthly rental amount of $1,065/month. The lease ends on 01/31/2026. No showings without an accepted offer. No wholesaler offers or offers with assignment of contract language will be accepted.
Single-familyProperty Type
1967Year Built
9,583 sq ftLot Size
$129Est. Price/Sq.Ft.
1 spaceParking
Listed by Dean Harris• CrestCore Realty MphsBrokerage
Bought with Dean Harris• CrestCore Realty MphsBrokerage
Memphis Area Association of Realtors(R) MLS #10181615
Feb 18, 2025
Sold
$115,000
$115/sq ft
Jan 8, 2025
Price Changed
$119,900
$120/sq ft
Sep 20, 2024
Listed
$125,900
$126/sq ft
Public Records
Oct 4, 2013
Sold
$65,900
$66/sq ft
Public Records
Mar 21, 2013
Sold
$38,000
$38/sq ft
Public Records
Jan 18, 2013
Sold
$65,000
$65/sq ft
Public Records
Dec 31, 2012
Sold
$63,000
$63/sq ft
Memphis Area Association of Realtors(R) MLS #3261165
Dec 28, 2012
Sold
$28,000
$28/sq ft
Dec 10, 2012
Listed
$39,900
$40/sq ft
This property is move in ready. It has 3 bedrooms and 1.5 baths with a patio in the rear. Seller is Motivated to Sell.
Memphis Area Association of Realtors(R) MLS #9923141
Feb 8, 2000
Sold
$56,000
$56/sq ft
Dec 14, 1999
Listed
$58,900
$59/sq ft
CUTE DOLLHOUSE WITH 3BR/1.5 BA. HARDWOOD UNDER CARPET. NICE SIZE FENCED BACKYARD. OPEN EAT-IN KITCHEN! REFRIGERATOR, WASHER, DRYER STAY! 1-CAR CARPORT PLUS ADDITIONAL PARKING. READY FOR YOU TO MOVE IN TODAY!!
Public Records
Aug 29, 1996
Sold
$48,000
$48/sq ft
Public Records
Sep 5, 1967
Sold
$13,600
$14/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$1,552 (+37.4%)
$4,125 + $25,325
$29,450
2024
$1,129 (+8.1%)
$4,125 + $25,325
$29,450
2023
$1,045
$2,750 + $14,400
$17,150
2022
$1,045 (−1.2%)
$2,750 + $14,400
$17,150
2021
$1,057 (+9.1%)
$2,750 + $14,400
$17,150
2020
$969
$2,750 + $14,400
$17,150
2019
$969
$2,750 + $10,625
$13,375
2018
$969 (+76.3%)
$2,750 + $10,625
$13,375
2017
$550 (−1.8%)
$2,750 + $10,625
$13,375
2016
$560
$2,750 + $10,625
$13,375
2014
$560
$2,750 + $10,075
$12,825
Tax history for 4191 Knight Arnold Rd
Year
Property tax
Land + Additions
Assessment*
2025
$1,552 (+37.4%)
$4,125 + $25,325
$29,450
2024
$1,129 (+8.1%)
$4,125 + $25,325
$29,450
2023
$1,045
$2,750 + $14,400
$17,150
2022
$1,045 (−1.2%)
$2,750 + $14,400
$17,150
2021
$1,057 (+9.1%)
$2,750 + $14,400
$17,150
2020
$969
$2,750 + $14,400
$17,150
2019
$969
$2,750 + $10,625
$13,375
2018
$969 (+76.3%)
$2,750 + $10,625
$13,375
2017
$550 (−1.8%)
$2,750 + $10,625
$13,375
2016
$560
$2,750 + $10,625
$13,375
2014
$560
$2,750 + $10,075
$12,825
*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
Permits
Beds
3
Baths
1.5
Stories
1
Lot width
65 ft.
Lot depth
150 ft.
Lot size
9,750 Sq. Ft.
Year renovated
—
Sq. Ft.
1,120
Year built
1967
Style
Single Family Residential
County
Shelby County
APN
073041 C00007
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.
Permitted uses
Include but are not limited to:
Religious facility
Housing-Senior
Infrastructure
Educational / school
Fire house
Police station
Recreation
Park & open space
Oct 7, 2020 • Final
Residential mechanical
Replace a gas water heater.
Plumbing
Water heater
Oct 7, 2020 • Final
Residential electrical
Repair the electrical service riser and replace the meter riser that has pulled away from the house.
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.
Property details
Parking
Parking Information
# of Covered Parking Spaces: 1
Parking/Storage: Other (See Remarks)
Interior
Bedroom Information
# of Bedrooms (Lower): 3
# of Bedrooms: 3
# of Bedrooms: 3
# of Bedrooms Down: 3
Master Bedroom Dimensions:
Master Bedroom Dimensions:
Bathroom Information
# of Baths (Full): 1
# of Baths (1/2): 1
# of Bathrooms (Full): 1
# of Bathrooms (1/2): 1
Interior Features
# of Rooms: 5
# of Stories: 1
Floors/Ceilings: 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: Other (See Remarks)
Den/Great Room Dimensions: 0x0
Additional Bedroom/Bathroom Info: Other (See Remarks)
Exterior
Exterior Features
Pool Description: None
Miscellaneous Exterior: Other (See Remarks)
Exterior/Windows: Other (See Remarks)
Land Information
Acreage: 0.22
Lot Information
Parcel ID: 073041 C00007
Lot #: 7
Lot Size: 65X150
Lot Description: Other (See Remarks)
Area: 772E
Property Information
Detached Single Family
Style: Other (See Remarks)
Property Construction Status: Existing Property
Approx Heated Sq. Ft. Range: 1000-1199
Year Built: 1967
Financial
Tax Information
Annual City Tax: $463
Annual County Tax: $581
Financing
Buyer Contributions: 0
Utilities
Utility Information
Heating: Other (See Remarks)
Cooling: Other (See Remarks)
Location
Multi-Unit Information
Detached Unit Type: General Residential
Location Details
Directions: Go West on Knight Arnold from Perkins; pass Goodlett and home will be on left.
MAAR Subdivision Name: KNIGHTWOODS
Public facts
Beds: 3
Baths: 1.5
Sq. Ft.: 1,120
Stories: 1.0
Lot Size: 9,750 square feet
Style: Single Family Residential
Year Built: 1967
Year Renovated: —
County: Shelby County
APN: 073041 C00007
Home facts updated by county records on Oct 22, 2026
Around this home
Schools
K - 12
Preschool & daycare
Sheffield Elementary School
Public PreK-5 • Assigned • 0.5mi
3/10
American Way Middle School
Public 6-8 • Assigned • 1.0mi
6/10
Sheffield High School
Public 9-12 • Assigned • 0.3mi
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 109° expected this year, 21 days in 30 years
4/10 Wind Factor
18% 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 • 38118
Average low and high temperatures (°F)
48
30
58
38
72
50
78
58
79
63
89
72
92
77
90
72
88
68
76
58
66
49
55
40
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
$123,000 – $149,000
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Property information provided by Memphis Area Association of Realtors(R) MLS when last listed in 2024. This data may not match public records. Learn more.