Welcome to 4340 Old Allen Road! This three-bedroom, 1.5-bath home in Memphis offers central air conditioning and hardwood flooring throughout the main living areas. A living room fireplace provides a focal point for gatherings, while a fenced yard and carport add convenience and outdoor privacy. The home includes washer/dryer hookups and practical features such as gutters and a move-in concierge to help with transition. Residents benefit from an online portal for maintenance requests and rent payments, a resident rewards program, filter delivery, and credit-building opportunities. Pets are allowed and renters insurance is included. Two-year lease terms are available. Amenities: pets allowed, fireplace, fenced yard, carport, washer/dryer hookups, two year lease, hardwood flooring, spanish speaking staff, online maintenance portal, online rent payment, air conditioning: central, filter delivery, move in concierge, resident rewards program, credit building, renters insurance included, gutters
Contact 4340 Old Allen Rd
Policies
PetsDogs allowed, Cats allowed
Dogs allowed
Cats allowed
Lease termsDeposit: $1,335
Deposit
$1,335
Amenities
In-unitFireplace, Hardwood Flooring, Air Conditioning
Raleigh, located between Frayser and Bartlett, is a residential and commercial Memphis neighborhood with a broad suburban street grid and long-established civic corridors. The neighborhood’s character concentrates around the Austin Peay Highway and Covington Pike crossroads, where auto shops, local eateries, and everyday retail line wide lanes and big parking lots. The Raleigh Springs Civic Center and Library acts as a community anchor with public programs and meeting space. The Bartlett Performing Arts and Conference Center and Davies Manor Historic Site sit nearby as cultural touchpoints tied to the area’s history and arts calendar. Housing ranges from mid-century ranches to newer subdivisions, with mature trees and deep setbacks shaping the streetscape. Green space and recreation cluster around nearby parks and sports fields, giving the area a practical, outdoors-forward rhythm.
Provided by Walk Score and Local Logic
Historical weather
Memphis, TN • 38128
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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
13% 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
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.
This property is priced $7 above the rental estimate.
Asking rent
$1,335
Rental estimate
$1,328
Nearby comparable rentals
The Rental Estimate uses 0 recent nearby rental.
Sale and tax history for 4340 Old Allen Rd
Sale History
Tax History
Date
Event
Price
TENANTTURNER2 #1
Jul 24, 2026
Listed for Rent
$1,335
$1/sq ft
Memphis Area Association of Realtors(R) MLS #10115412
Apr 28, 2022
Sold
$148,500
$92/sq ft
Jan 10, 2022
Listed
$148,500
$92/sq ft
Great investment opportunity! This CASHFLOW property will be fully renovated and brought to 2021 standards! Target rent = $1095 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 #9946438
Jul 14, 2017
Sold
$37,000
$23/sq ft
Jun 6, 2017
Price Changed
$40,000
$25/sq ft
Nov 4, 2015
Price Changed
$37,500
$23/sq ft
Oct 17, 2015
Price Changed
$44,000
$27/sq ft
May 22, 2015
Price Changed
$49,900
$31/sq ft
Apr 14, 2015
Price Changed
$59,900
$37/sq ft
Mar 4, 2015
Listed
$64,900
$40/sq ft
+8
Back on the market!! This spacious, updated North Memphis home, boasts a welcoming front porch to greet your guests. Attached covered parking. Mature trees on a corner lot. Wall to wall new carpet. Beautifully renovated kitchen open to a large breakfast/dining area. Large master bedroom with private half bath. Abundant storage. Best of all, a huge den with wood burning fireplace! Call quick; it's sure to go fast at this price!
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4340 Old Allen Rd is a 1627 square foot property with 3 bedrooms and 1.5 bathrooms. We estimate that 4340 Old Allen Rd would rent between $1,328 / mo.4340 Old Allen Rd is located in Memphis, the 38128 zipcode, and the Shelby County Schools.