This 4 unit building is located just minutes from Memphis International Airport! The units are all 2 bedroom with central heating and air. The schedule monthly income is 2400.
Multi-familyProperty Type
1964Year Built
Listed by Jeffrey Moore• Crye-Leike Commercial
Bought with William Haynes• Crye-Leike, Inc., REALTORS
Memphis Area Association of Realtors(R) MLS #10095493
May 10, 2021
Sold
$268,500
Mar 18, 2021
Listed
$280,000
Public Records
Mar 26, 1994
Sold
$86,000
Public Records
Feb 25, 1974
Sold
$36,000
Public Records
Jun 28, 1971
Sold
$35,000
Public Records
May 7, 1964
Sold
$26,200
Year
Property tax
Land + Additions
Assessment*
2025
$3,420 (+21.8%)
$9,320 + $55,560
$64,880
2024
$2,808 (+8.1%)
$9,320 + $55,560
$64,880
2023
$2,597
$9,320 + $33,320
$42,640
2022
$2,597 (−1.2%)
$9,320 + $33,320
$42,640
2021
$2,628 (−2.9%)
$9,320 + $33,320
$42,640
2020
$2,707
$9,320 + $33,320
$42,640
2019
$2,707
$9,320 + $28,040
$37,360
2018
$2,707 (+76.3%)
$9,320 + $28,040
$37,360
2017
$1,536 (+12.7%)
$9,320 + $28,040
$37,360
2016
$1,363
$9,320 + $28,040
$37,360
2014
$1,363
$9,320 + $21,880
$31,200
Tax history for 4492 Hudgins Rd
Year
Property tax
Land + Additions
Assessment*
2025
$3,420 (+21.8%)
$9,320 + $55,560
$64,880
2024
$2,808 (+8.1%)
$9,320 + $55,560
$64,880
2023
$2,597
$9,320 + $33,320
$42,640
2022
$2,597 (−1.2%)
$9,320 + $33,320
$42,640
2021
$2,628 (−2.9%)
$9,320 + $33,320
$42,640
2020
$2,707
$9,320 + $33,320
$42,640
2019
$2,707
$9,320 + $28,040
$37,360
2018
$2,707 (+76.3%)
$9,320 + $28,040
$37,360
2017
$1,536 (+12.7%)
$9,320 + $28,040
$37,360
2016
$1,363
$9,320 + $28,040
$37,360
2014
$1,363
$9,320 + $21,880
$31,200
*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
Beds
2
Baths
1
Stories
—
Lot width
82 ft.
Lot depth
154 ft.
Lot size
0.3 Acres
Year renovated
1980
Sq. Ft.
2,978
Year built
1964
Style
Multi-Family (5+ Unit)
County
Shelby County
APN
079039 00049
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 14, 2026.
RU-3
Residential Urban-3 District
Residential development in the RU-3 District allows a variety of housing types including single-family detached (conventional, side yard house, Cottage), single-family attached (semi-attached, two-family, townhouse), and multifamily (large home, stacked townhouse, apartment). New RU-3 districts are generally located in an infill or redevelopment location where similar lot sizes are part of the original fabric of development. Additionally, RU-3 districts should have a shared street network with and are generally located at least 500 ft from a CMU-1, CMU2, CMU-3, or CBD district or are within 500 ft of an arterial.
Permitted uses
Include but are not limited to:
Religious facility
Housing-Single unit
Housing-Multiple units
Housing-Senior
Infrastructure
Educational/school
Fire house
Police station
Recreation
Park & open space
Property details
Parking
Parking Information
Parking Facility: Asphalt/Blacktop
Interior
Interior Features
# of Stories: 2
Improved Sq. Ft.: 2,978
Floors/Ceilings: Vinyl Floor
Connections
Multi-Unit Information
# of 2 Bedroom Units: 4
# of Units (Total): 4
Percent Occupancy: 100
Type of Units: 2 Br - 1 Bathroom
Gross Potential Annual Rent: $28,800
Average Annual Utilities: $807
Annual Insurance Expenses: $1,693
Annual Operating Expenses: $7,103
Insurance, Some Utilities, Repairs/Maintenance, Taxes
Exterior
Exterior Features
Foundation: Slab
Roof: Shingle/Shake
Land Information
Land Sq. Ft.: 12,934
Lot Information
Parcel ID: 079039 00049
Lot #: 167
Lot Size: 82X154
Area: 768B
Property Information
# of Buildings: 1
Fourplex
Brick/Veneer
Year Built: 1964
Financial
Tax Information
Annual City Tax: $1,194
Annual County Tax: $1,513
Lease / Rent Information
Type Of Leases: Year
Tenant Pays: Some Utilities
Leasable Sq. Ft.: 2,978
Actual Annual Rent: $28,800
Financing
New Financing: Conventional
Existing Financing: Conventional Fixed
Utilities
Utility Information
Hot Water: Electrical
Heating Systems: Central
Cooling Systems: Central
Location
Location Details
Directions: Turn (E) onto Millbranch Rd. Turn (E) onto Goodhaven Dr. Go (E) onto Hudgins Rd.
MAAR Subdivision Name: GARDEN VIEW BLK E
Public facts
Beds: 2
Baths: 1.0
Sq. Ft.: 2,978
Stories: —
Lot Size: 0.3 acres
Style: Multi-Family (5+ Unit)
Year Built: 1964
Year Renovated: 1980
County: Shelby County
APN: 079039 00049
Home facts updated by county records on Jul 14, 2026
Other
Listing Information
Possession: Tenants Rights
Around this home
Schools
Gardenview Elementary School
Public PreK-5 • Assigned • 0.8mi
5/10
A. Maceo Walker Middle School
Public 6-8 • Assigned • 0.7mi
6/10
Hillcrest High School
Charter 9-12 • Assigned • 0.9mi
2/10
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
3/10 Fire Factor
0.15% chance of being in a wildfire in next 30 years
6/10 Heat Factor
7 days above 108° expected this year, 21 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 • 38116
Average low and high temperatures (°F)
47
30
57
38
71
50
77
58
79
63
88
72
92
76
89
72
85
68
77
57
65
49
54
40
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 10.6 hours in
June and 4.8 hours in December, placing it above the
U.S. average for solar exposure.