SOLD SEP 15, 2026

Sold on sep 2026

$110,000

•

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sq ft

4480 Garnett Rd, Memphis, TN 38117

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About this home

Investor special in extremely desirable 38117! This well-maintained 3-bedroom, 1-bathroom home offers incredible potential as a rental or a fix-and-flip project. Tenant currently in place through October 31, 2026, paying $1,141 a month (MHA). Situated in one of the area's most sought-after neighborhoods, this property combines steady rental demand with endless upside for future appreciation. Don't miss this rare opportunity to add a solid, income-generating asset to your portfolio! Please do not disturb tenant. No wholesalers, contract assignment or creative offers.

Single-familyProperty Type

1964Year Built

8,276 sq ftLot Size

Listed by Sherry Roberts • Advantage Property Management

Bought with Sherry Roberts • Advantage Property Management

Redfin checked: a minute ago

•Source:Memphis Area Association of Realtors(R) MLS #10229047

Redfin Estimate

$125,287

$15K since sold in September 2026$1,000 since September

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 16.9% lower than the average sale price ($151K) of 6 comparable homes.

SOLD JUL 9, 2026
$89,000
A
3 beds1 bath1,023 sq ft
4497 Quince Rd, Memphis, TN 38117
Listing provided by realtracs
SOLD OCT 8, 2026
$115,000
B
3 beds1 bath— sq ft
1284 Merrycrest Dr, Memphis, TN 38111
SOLD AUG 12, 2026
$250,000
C
3 beds1 bath— sq ft
1196 Dearing Rd, Memphis, TN 38117
SOLD MAR 9, 2026
$105,000
D
3 beds1 bath— sq ft
4550 Quince Rd, Memphis, TN 38117
SOLD SEP 30, 2026
$158,800
E
3 beds1 bath— sq ft
4624 Leatherwood St, Memphis, TN 38117
SOLD JUL 16, 2026
$187,000
F
3 beds1 bath1,038 sq ft
1208 Perkins Ter, Memphis, TN 38117
Listing provided by realtracs

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Market trends in 38117, TN

Last updated September 2026

Buyer's Market

Seller's Market

Balanced market

Sale-to-list price

96.7%

1.0% MoM

Median sale price

$285K

$5K MoM

Avg. days on market

56d

20 days MoM

Recently sold homes

141

5 MoM

New listings for sale

NEW 6 HRS AGO
$319,900
3 beds2 baths— sq ft
443 N White Station Rd N, Memphis, TN 38117
NEW 10 HRS AGO
$349,900
2 beds2.5 baths— sq ft
352 Clove Dr #352, Memphis, TN 38117
NEW 15 HRS AGO
$615,000
3 beds2.5 baths— sq ft
4742 Cinnamon Cv #4742, Memphis, TN 38117
OPEN NOV 8, 2PM TO 4PM
$345,000
3 beds2 baths— sq ft
4910 Cole Rd, Memphis, TN 38117
OPEN SUN, 12:30PM TO 2PM
$600,000
4 beds3.5 baths— sq ft
307 S Grove Park Rd S, Memphis, TN 38117
$425,000
5 beds2.5 baths— sq ft
130 N Graham St, Memphis, TN 38117
OPEN SUN, 1PM TO 2:30PM
$697,500
4 beds3.5 baths— sq ft
5179 Shady Grove Rd, Memphis, TN 38117
$409,000
3 beds2 baths— sq ft
53 W Walnut Grove Cir, Memphis, TN 38117
$199,900
3 beds1 bath— sq ft
4519 Flamingo Rd, Memphis, TN 38117
$425,000
3 beds2 baths— sq ft
229 Leonora Dr, Memphis, TN 38117
See all

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Rental estimate

Est. $1,442 per month, based on comparable rentals

Sale and tax history for 4480 Garnett Rd

Sale History
Tax History

Year

Property tax

Land + Additions

Assessment*

2025

$1,883 (−12.4%)

$8,000 + $27,725

$35,725

2024

$2,150 (+8.1%)

$8,000 + $27,725

$35,725

2023

$1,989

$4,425 + $28,225

$32,650

2022

$1,989 (−1.2%)

$4,425 + $28,225

$32,650

2021

$2,012 (+67.0%)

$4,425 + $28,225

$32,650

2020

$1,205

$4,425 + $28,225

$32,650

2019

$1,205

$4,425 + $12,200

$16,625

2018

$1,205 (+76.3%)

$4,425 + $12,200

$16,625

2017

$683 (−11.4%)

$4,425 + $12,200

$16,625

2016

$771

$4,425 + $12,200

$16,625

2014

$771

$5,650 + $12,000

$17,650

Public record

Public record
Zoning
Permits

Beds

Baths

Stories

Lot width

60 ft.

Lot depth

140 ft.

Lot size

8,400 Sq. Ft.

Year renovated

—

Sq. Ft.

1,186

Year built

1952

Style

Single Family Residential

County

Shelby County

APN

066027 00032

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

Property details

Parking

Parking Information
Parking/Storage: Driveway/Pad

Interior

Bedroom Information
# of Bedrooms: 3
# of Bedrooms: 3
Master Bedroom Dimensions:
Master Bedroom Dimensions:

Bathroom Information
# of Baths (Full): 1
# of Bathrooms (Full): 1

Interior Features
# of Rooms: 7
# of Stories: 1
Floors/Ceilings: Part Carpet

Room Information
Living Room Dimensions:
Dining Room Dimensions:
Den/Great Room Dimensions:
Dining Room Dimensions: 0x0
Living Room Dimensions: 0x0
Living/Dining/Kitchen: Separate Living Room
Den/Great Room Dimensions: 0X0
Additional Bedroom/Bathroom Info: All Bedrooms Down

Exterior

Exterior Features
Pool Description: None
Miscellaneous Exterior: Wrought Iron Security Doors
Exterior/Windows: Brick Veneer

Land Information
Acreage: 0.19

Lot Information
Parcel ID: 066027 00032
Lot #: 417
Lot Size: 60X140
Lot Description: Level, Some Trees
Area: 759E

Property Information
Detached Single Family
Style: Traditional
Property Construction Status: Existing Property
Year Built: 1964

Financial

Tax Information
Annual City Tax: $922
Annual County Tax: $961

Financing
Buyer Contributions: 0

Utilities

Utility Information
Heating: Central
Cooling: Central

Location

Multi-Unit Information
Detached Unit Type: General Residential

Location Details
Directions: From I-240, take the Perkins Rd North exit. Head north on S. Perkins Rd, turn left (west) onto Quince Rd, turn left onto Flamingo Rd, then turn left onto Garnett Rd. The property will be on your right.
MAAR Subdivision Name: COLONIAL ACRES

Public facts

Beds: 3
Baths: 1.0
Sq. Ft.: 1,186
Stories: 1.0
Lot Size: 8,400 square feet
Style: Single Family Residential
Year Built: 1952
Year Renovated: —
County: Shelby County
APN: 066027 00032

Home facts updated by county records on Oct 22, 2026

Around this home

Schools

Willow Oaks Elementary School

Public PreK-5 • Assigned • 0.5mi

6/10

Colonial Middle School

Public 6-8 • Assigned • 0.7mi

6/10

Overton High School

Public 9-12 • Assigned • 0.8mi

3/10

Provided by GreatSchools

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 • 38117

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

81/ 100

Very good sunlight

Sunscore

There appears to be minimal shading by surrounding buildings, terrain, and vegetation.

8.4 hrs

4.7 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$120,000 – $145,000

Sell confidently with a local market expert in Memphis.

Nearby similar homes

$119,000

3 beds1 bath— sq ft

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Brick home • Hardwood floors • Screened patio

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Hardwood floors • Spacious fenced yard • Open kitchen layout

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2 beds1 bath— sq ft

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New paint • Miniblinds • Ac unit

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Updated kitchen • Quartz countertops • Gas range

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3 beds2 baths— sq ft

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Newly painted • Refinished floors • New lvp flooring

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Versatile bonus room • French drain • Updated plumbing

New listings for sale in 38117

NEW 6 HRS AGO

$319,900

3 beds2 baths— sq ft

443 N White Station Rd N, Memphis, TN 38117

Fenced backyard • Large wooded lot • Refreshed kitchen

NEW 10 HRS AGO

$349,900

2 beds2.5 baths— sq ft

352 Clove Dr #352, Memphis, TN 38117

Pool • Clubhouse • Dog park

NEW 15 HRS AGO

$615,000

3 beds2.5 baths— sq ft

4742 Cinnamon Cv #4742, Memphis, TN 38117

Garage • Community pool • Built 1976

OPEN NOV 8, 2PM TO 4PM

$345,000

3 beds2 baths— sq ft

4910 Cole Rd, Memphis, TN 38117

Updated kitchen • Walk-in pantry • Formal living room

OPEN SUN, 12:30PM TO 2PM

$600,000

4 beds3.5 baths— sq ft

307 S Grove Park Rd S, Memphis, TN 38117

Anderson windows • Waterfall koi pond • Wired workshop

$425,000

5 beds2.5 baths— sq ft

130 N Graham St, Memphis, TN 38117

Screened front patio • Greenhouse • Wide driveway pad

OPEN SUN, 1PM TO 2:30PM

$697,500

4 beds3.5 baths— sq ft

5179 Shady Grove Rd, Memphis, TN 38117

Mature trees • 0.84 acre lot • Garage

$409,000

3 beds2 baths— sq ft

53 W Walnut Grove Cir, Memphis, TN 38117

Ranch style home • Updated kitchen • Hardwood floors

$199,900

3 beds1 bath— sq ft

4519 Flamingo Rd, Memphis, TN 38117

Fenced-in yard • Private space • Practical layout

Home values near 4480 Garnett Rd

Data from public records.

Address	Redfin Estimate
4506 Garnett Rd, Memphis, TN 3 Beds \| 1 Baths \| 1138 Sq. Ft.	$158,765
4501 Garnett Rd, Memphis, TN 3 Beds \| 2 Baths \| 1200 Sq. Ft.	$161,331

Address	Redfin Estimate
4462 Garnett Rd, Memphis, TN 3 Beds \| 1 Baths \| 988 Sq. Ft.	$140,736
4459 Garnett Rd, Memphis, TN 2 Beds \| 1 Baths \| 836 Sq. Ft.	$137,748

Address	Redfin Estimate
4474 Garnett Rd, Memphis, TN 2 Beds \| 1 Baths \| - Sq. Ft.	$181,995
4468 Garnett Rd, Memphis, TN 3 Beds \| 1.5 Baths \| 1200 Sq. Ft.	$181,930

Property information provided by Memphis Area Association of Realtors(R) MLS when last listed in 2026. This data may not match . Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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4480 Garnett Rd, Memphis, TN 38117

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About this home

Redfin Estimate

Market trends in 38117, TN

Homeowner tools

Sale and tax history for 4480 Garnett Rd

Public record

Property details

Parking

Interior

Exterior

Financial

Utilities

Location

Public facts

Around this home

Schools

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 38117

Home values near 4480 Garnett Rd

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