Attention investors! Check out this cash flowing investment opportunity. This property is already occupied and cash flowing for $775/Month with a lease expiring on 09/13/2022. Do not disturb the tenants; no inspections until under contract. Make your offer contingent upon your inspection.
Single-familyProperty Type
1960Year Built
6,098 sq ftLot Size
Listed by Dean Harris• CrestCore Realty MphsBrokerage
Bought with James Wachob• Foundation Property Management
Memphis Area Association of Realtors(R) MLS #10112442
Dec 20, 2021
Sold
$81,400
Nov 9, 2021
Listed
$84,900
Public Records
Sep 14, 2021
Sold
$50,000
Public Records
Aug 14, 1975
Sold
$12,000
Public Records
Feb 6, 1975
Sold
$9,100
Year
Property tax
Land + Additions
Assessment*
2025
$1,037 (+3.9%)
$1,375 + $18,300
$19,675
2024
$998 (+8.1%)
$1,375 + $18,300
$19,675
2023
$923
$1,250 + $13,900
$15,150
2022
$923 (+54.0%)
$1,250 + $13,900
$15,150
2021
$599 (+12.9%)
$1,250 + $13,900
$15,150
2020
$531
$1,250 + $8,475
$9,725
2019
$531
$1,250 + $6,075
$7,325
2018
$531 (+76.3%)
$1,250 + $6,075
$7,325
2017
$301 (−9.0%)
$1,250 + $6,075
$7,325
2016
$331
$1,250 + $6,075
$7,325
2014
$331
$1,250 + $6,325
$7,575
Tax history for 4507 Range Line Rd
Year
Property tax
Land + Additions
Assessment*
2025
$1,037 (+3.9%)
$1,375 + $18,300
$19,675
2024
$998 (+8.1%)
$1,375 + $18,300
$19,675
2023
$923
$1,250 + $13,900
$15,150
2022
$923 (+54.0%)
$1,250 + $13,900
$15,150
2021
$599 (+12.9%)
$1,250 + $13,900
$15,150
2020
$531
$1,250 + $8,475
$9,725
2019
$531
$1,250 + $6,075
$7,325
2018
$531 (+76.3%)
$1,250 + $6,075
$7,325
2017
$301 (−9.0%)
$1,250 + $6,075
$7,325
2016
$331
$1,250 + $6,075
$7,325
2014
$331
$1,250 + $6,325
$7,575
*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
Permits
Beds
3
Baths
1
Stories
1
Lot width
40 ft.
Lot depth
111 ft.
Lot size
6,429 Sq. Ft.
Year renovated
1991
Sq. Ft.
864
Year built
1960
Style
Single Family Residential
County
Shelby County
APN
071061 00005
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
Jul 13, 2023 • Final
Residential mechanical
Install a new water heater.
HVAC
Jul 12, 2023 • Final
Residential mechanical
Remove and replace the condensing coil and furnace.
HVAC
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.
Property details
Parking
Parking Information
Parking/Storage: Other (See Remarks)
Interior
Bedroom Information
# of Bedrooms (Lower): 3
# of Bedrooms: 3
# of Bedrooms: 3
# of Bedrooms Down: 3
Master Bedroom Dimensions:
Master Bedroom Dimensions:
Bathroom Information
# of Baths (Full): 1
# of Bathrooms (Full): 1
Interior Features
# of Rooms: 6
# of Stories: 1
Floors/Ceilings: Other (See Remarks)
Room Information
Living Room Dimensions:
Dining Room Dimensions:
Den/Great Room Dimensions:
Dining Room Dimensions: 0x0
Living Room Dimensions: 0x0
Living/Dining/Kitchen: Other (See Remarks)
Den/Great Room Dimensions: 0x0
Additional Bedroom/Bathroom Info: Other (See Remarks)
Exterior
Exterior Features
Pool Description: None
Miscellaneous Exterior: Other (See Remarks)
Exterior/Windows: Other (See Remarks)
Land Information
Acreage: 0.14
Lot Information
Parcel ID: 071061 00005
Lot #: 341
Lot Size: 40X111
Lot Description: Other (See Remarks)
Area: 725B
Property Information
Detached Single Family
Style: Other (See Remarks)
Property Construction Status: Existing Property
Approx Heated Sq. Ft. Range: 0-999
Year Built: 1960
Financial
Tax Information
Annual City Tax: $234
Annual County Tax: $297
Financing
Buyer Contributions: 0
Utilities
Utility Information
Heating: Other (See Remarks)
Cooling: Other (See Remarks)
Location
Multi-Unit Information
Detached Unit Type: General Residential
Location Details
Directions: Head west on I-40 W Take exit 5 for Hollywood St Keep right at the fork, follow signs for Hollywood St N/Southwest Tn Comm College/Gill Campus and merge onto N Hollywood St Continue onto Range Line Rd Destination will be on the left
MAAR Subdivision Name: RIDGEGROVE BLK B
Public facts
Beds: 3
Baths: 1.0
Sq. Ft.: 864
Stories: 1.0
Lot Size: 6,429 square feet
Style: Single Family Residential
Year Built: 1960
Year Renovated: 1991
County: Shelby County
APN: 071061 00005
Home facts updated by county records on Jul 13, 2026
Around this home
Schools
Hawkins Mill Elementary School
Public PreK-5 • Assigned • 0.6mi
5/10
Georgian Hills Junior High School
Public 6-8 • Assigned • 1.6mi
6/10
Trezevant High School
Public 9-12 • Assigned • 2.2mi
3/10
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
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
90
69
85
66
77
55
65
48
53
38
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 10.5 hours in
June and 4.7 hours in December, placing it above the
U.S. average for solar exposure.
10.5 hrs
4.7 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$80,000 – $96,000
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Property information provided by Memphis Area Association of Realtors(R) MLS when last listed in 2021. This data may not match public records. Learn more.