Turn-Key Investment Property in 38116! Excellent opportunity to add a tenant-occupied single-family home to your real estate portfolio. This 3-bedroom, 2-bath home features a traditional layout with steady income from day one. Please DO NOT disturb the current occupants; write offers subject to inspection. Buyer and buyer's agent to verify all measurements, tax records, and lease details. Agent/Broker Disclosure: Listing Agent is related to the Seller.
Whitehaven View, located between Elvis Presley Boulevard and the Mississippi state line, is a residential and commercial Memphis neighborhood with mid-century ranch streetscapes and airport-adjacent energy. The neighborhood’s character concentrates around Elvis Presley Blvd near Shelby Drive, where auto shops, barbecue counters, and travel-day storefronts set a steady, working rhythm. Graceland, the Graceland Exhibition Center, and the Stax Museum of American Soul Music act as cultural pillars with real local pull. Blocks of brick and siding homes sit behind mature trees, while broad arterials keep the landscape open and mobile. T.O. Fuller State Park adds wooded trails and lake views that shift the pace. Southland Casino Hotel and the riverfront edge in West Memphis round out the area’s after-dark itinerary.
Provided by Walk Score and Local Logic
Market insights
4374 Ridgewood Rd · $129,900
DAYS ON MARKET
1 days
The average home goes pending in 29 days.
SALE-TO-LIST
97.5%
Most homes are selling 3% below list price.
LIST PRICE
$129,900
Median sale price in this area is $309,179. (138% higher than this home)
PRICE DROP
0 price drops
25% of homes in this area have had a price drop in the past month.
Property details
Interior
Exterior
Finance
Interior features
One-story layout
Six total rooms
Part carpet flooring
Bedrooms
Three bedrooms, all on the main/lower level
Bathrooms
Two full bathrooms
Kitchen
Eat-in kitchen
Flooring
Part carpet
Heating & cooling
Central heating
Central air conditioning
Exterior features
Brick veneer exterior
Storage space
Some trees on the lot
Home design
Detached single-family home
Traditional style
Built in 1956
Parking
Two covered parking spaces
Driveway/pad
Construction
Existing property
Utilities
Central heating and cooling
Electricity and solar
View estimated energy costs and solar savings for this home
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. 5 single-family residential districts are established-R-10 which are differentiated primarily on the basis of minimum lot area and setback requirements.; New R-10 districts are generally located at least 1,500 to 2,000 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
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 108° expected this year, 20 days in 30 years
4/10 Wind Factor
18% chance of strong winds in next 30 years
2/10 Air Factor
2 unhealthy days expected this year, 2 days in 30 years
Provided by First Street
Historical weather
Memphis, TN • 38116
Average low and high temperatures (°F)
47
30
57
38
71
50
77
58
79
63
88
72
92
76
90
72
85
68
77
57
65
49
54
40
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
94/ 100
Exceptional sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.6 hrs
6.2 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 4374 Ridgewood Rd
$129,884
$16 under list price of $130K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $104K to $165K.