ATTENTION INVESTORS! PRICE REDUCED! GREAT CASH FLOW OPPORTUNITY! Tenant-occupied 3BR/1BA home renting for $895/month with a stable long-term tenant and lease through May 2026. Renovated in 2022 with new floors, updated kitchen and bath, fresh paint, and much more! Water heater replaced in 2024; roof approx. 5 years old. Professionally managed, maintenance report and tenant ledger available upon request. Please do not disturb tenant.
Frayser, located between the Mississippi River bluffs and the Wolf River Greenway, is a residential and commercial Memphis neighborhood with broad ranch-style streetscapes and big-sky parkland. The neighborhood’s character concentrates around the busy North Watkins Street and Frayser Boulevard corridor, where barbershops, taquerias, auto shops, and local markets set a steady, everyday rhythm. Mid-century brick homes and tidy postwar subdivisions mix with older pockets near the river-facing edges. Meeman-Shelby Forest State Park frames the northwest with trails, boat ramps, and long views. The Frayser Branch Library and Ed Rice Community Center anchor civic life with programs and courts. Shopping and errands cluster along major arterials, keeping the layout practical and car-friendly.
Provided by Walk Score and Local Logic
Offer insights
4499 Range Line Rd · $75,000
$75K and above
75% chance or better to win
Why $75K+ is a strong offer
DAYS ON MARKET
219 days
The average home goes pending in 35 days.
SALE-TO-LIST
96.6%
Most homes are selling 3% below list price.
About offer insights
Property details
Interior
Exterior
Finance
Kitchen
Interior features
Single-story layout
Eat-in kitchen
Six total rooms
Wood laminate floors
Bedrooms
Three bedrooms (all located on the main/lower level)
Master bedroom approximately 10 x 10
Bathrooms
One full bathroom
Kitchen
Eat-in kitchen (appliances not specified)
Flooring
Wood laminate flooring
Heating & cooling
Central heating
Central air conditioning
Exterior features
Patio
No pool
Exterior windows: Other (see remarks)
Home design
Detached single-family home
Traditional style
Built in 1960
Parking
Driveway/pad parking
Construction
Existing property
Utilities
Central heating
Central cooling
Electricity and solar
View estimated energy costs and solar savings for this home
Memphis Area Association of Realtors(R) MLS #10213163
Jan 19, 2026
Listed
$75,000
REALTRACS as Distributed by MLS Grid #3098780
Jan 18, 2026
Listing Removed
—
Jan 18, 2026
Listed
$85,000
Memphis Area Association of Realtors(R) MLS #4
Sep 16, 2025
Price Changed
$85,000
Aug 8, 2025
Price Changed
$89,900
APPFOLIO #3
May 2, 2024
Rental Removed
$895
Apr 10, 2024
Listed for Rent
$895
APPFOLIO #2
Apr 10, 2024
Rental Removed
$895
Mar 29, 2024
Price Changed
$895
Mar 13, 2024
Listed for Rent
$925
RENTLY #1
Feb 29, 2024
Rental Removed
—
Feb 23, 2024
Listed for Rent
—
Dec 2, 2022
Rental Removed
—
Memphis Area Association of Realtors(R) MLS #10116456
Mar 31, 2022
Sold
$95,000
Feb 9, 2022
Price Changed
$100,000
Jan 26, 2022
Listed
$110,000
Year
Property tax
Land + Additions
Assessment*
2025
$1,543 (+20.2%)
$1,375 + $27,900
$29,275
2024
$1,284 (+8.1%)
$1,375 + $27,900
$29,275
2023
$1,188 (+81.0%)
$1,250 + $18,250
$19,500
2022
$656 (−1.2%)
$1,250 + $18,250
$19,500
2021
$664 (+13.5%)
$1,250 + $9,525
$10,775
2020
$585
$1,250 + $9,525
$10,775
2019
$585
$1,250 + $6,825
$8,075
2018
$585 (+76.3%)
$1,250 + $6,825
$8,075
2017
$332 (−8.8%)
$1,250 + $6,825
$8,075
2016
$364
$1,250 + $6,825
$8,075
2014
$364
$1,250 + $7,100
$8,350
Public record
Public record
Zoning
Permits
Beds
3
Baths
1
Stories
1
Lot width
50 ft.
Lot depth
110 ft.
Lot size
5,500 Sq. Ft.
Year renovated
2009
Finished Sq. Ft.
1,035
Unfinished Sq. Ft.
—
Total Sq. Ft.
1,035
Year built
1960
Style
Single Family Residential
County
Shelby County
APN
071061 00007
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 14, 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
Apr 12, 2021 • Final
Residential plumbing
Remove and replace the sewer and water service lines.
Plumbing
Feb 22, 2019 • Active
Residential mechanical
Install a gas water heater, a condenser, and a coil.
Gas
HVAC
Plumbing
Water heater
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
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
Historical weather
Memphis, TN • 38127
Average low and high temperatures (°F)
46
29
56
37
70
50
76
58
78
62
87
71
92
76
91
70
85
66
77
55
65
48
53
38
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.
9.3 hrs
6.3 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 4499 Range Line Rd
$72,876
$2,125 under list price of $75K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $60K to $89K.