Rare 3 Bed and 2.5 bath cash flowing property for sale! Home is currently occupied at $1300 and lease ends October 2027. Ideal for any investor looking for instant cash flow from a long-standing tenant at a 1:1 ratio! Roof 5 years old, AC 6 years old, Furnace 15 years old, HWH 5 years old! Call listing agent for details. Access upon accepted offer. Do not disturb tenants. Photos taken prior to tenant move in
Single-familyProperty Type
1968Year Built
0.25 acresLot Size
1 spaceParking
Listed by Andrew Akins• CB Properties of Memphis, LLC
Westwood, located between Elvis Presley Blvd and I-240, is a residential and commercial Memphis neighborhood with mid-century ranch streetscapes and broad, car-friendly arterials. The neighborhood’s energy concentrates around the Elvis Presley Blvd and Raines Rd corridor, where auto shops, local eateries, and storefront plazas set a practical, everyday rhythm. Brick single-story homes and tidy lawns define many blocks, while apartment communities cluster along the larger roads. T.O. Fuller State Park frames the area with wooded trails and open greenspace. The Westwood Community Center and nearby libraries add civic anchors for classes, courts, and gatherings. Commutes and errands tend to orbit the airport-area road grid and the South Memphis retail corridors.
Provided by Walk Score and Local Logic
Market insights
4399 Pepper Tree Rd · $135,000
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
$135,000
Median sale price in this area is $309,179. (129% 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
Kitchen
Bathroom
Bedroom
Living
Interior features
Seven total rooms
Single-story layout
Partial hardwood flooring
Bedrooms
Three bedrooms
Primary bedroom about 14 x 17
All bedrooms on the main level
Bathrooms
Two full bathrooms
One half bathroom
Kitchen
Open living/dining/kitchen concept (see remarks)
Flooring
Part hardwood
Heating & cooling
Central heating
Central air conditioning
Exterior features
Covered front or rear porch
Brick veneer exterior
Level lot
Home design
Detached single-family home
Traditional style
Built in 1968
Parking
One covered parking space
Driveway/pad parking
Construction
Brick veneer construction
Existing property (established home)
Utilities
Public water (assumed)
Public sewer (assumed)
Electricity and solar
View estimated energy costs and solar savings for this home
Memphis Area Association of Realtors(R) MLS #10229500
Sep 1, 2026
Listed
$135,000
Memphis Area Association of Realtors(R) MLS #1
Mar 13, 2026
Price Changed
$138,900
Memphis Area Association of Realtors(R) MLS #10079602
Jul 22, 2020
Sold
$92,900
Jun 8, 2020
Listed
$92,900
+10
Completely Renovated Home
Memphis Area Association of Realtors(R) MLS #10074297
Apr 29, 2020
Sold
$44,500
Apr 7, 2020
Listed
$52,900
Public Records
Apr 12, 1972
Sold
$22,569
Year
Property tax
Land + Additions
Assessment*
2025
$1,710 (+20.1%)
$3,025 + $29,425
$32,450
2024
$1,424 (+8.1%)
$3,025 + $29,425
$32,450
2023
$1,317
$2,250 + $19,375
$21,625
2022
$1,317 (−1.2%)
$2,250 + $19,375
$21,625
2021
$1,333 (+18.1%)
$2,250 + $19,375
$21,625
2020
$1,129
$2,250 + $19,375
$21,625
2019
$1,129
$2,250 + $13,325
$15,575
2018
$1,129 (+76.3%)
$2,250 + $13,325
$15,575
2017
$640 (−1.8%)
$2,250 + $13,325
$15,575
2016
$652
$2,250 + $13,325
$15,575
2014
$652
$2,250 + $12,675
$14,925
Public record
Public record
Zoning
Beds
3
Baths
3
Stories
1
Lot width
115 ft.
Lot depth
95 ft.
Lot size
0.25 Acres
Year renovated
1981
Finished Sq. Ft.
1,652
Unfinished Sq. Ft.
—
Total Sq. Ft.
1,652
Year built
1968
Style
Single Family Residential
County
Shelby County
APN
082034 00009
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
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, 22 days in 30 years
4/10 Wind Factor
19% 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 • 38109
Average low and high temperatures (°F)
46
30
56
38
71
50
77
58
78
63
87
72
92
76
89
71
85
67
77
57
65
49
54
39
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
88/ 100
Very good sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
10.4 hrs
6 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 4399 Pepper Tree Rd
$135,637
$637 over list price of $135K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $110K to $148K.