Cash-Flowing investment opportunity. Section 8 tenant in place at $1450/mo. Lease is m2m. Property was renovated prior to tenant moving in. Professionally managed now. No showings without accepted offer.
Memphis Area Association of Realtors(R) MLS #10199835
Sep 10, 2025
Sold
$125,000
Jun 25, 2025
Listed
$125,000
+12
Cash-Flowing investment opportunity. Section 8 tenant in place at $1450/mo. Lease is m2m. Property was renovated prior to tenant moving in. Professionally managed now. No showings without accepted offer.
Public Records
Nov 19, 2021
Sold
$51,000
Public Records
Jun 27, 1991
Sold
$38,000
Public Records
Jun 11, 1973
Sold
$19,000
Year
Property tax
Land + Additions
Assessment*
2025
$1,078 (+29.4%)
$3,325 + $17,125
$20,450
2024
$833 (+8.1%)
$3,325 + $17,125
$20,450
2023
$771
$2,650 + $10,000
$12,650
2022
$771 (−1.2%)
$2,650 + $10,000
$12,650
2021
$780 (+9.0%)
$2,650 + $10,000
$12,650
2020
$716
$2,650 + $10,000
$12,650
2019
$716
$2,650 + $7,225
$9,875
2018
$716 (+64.6%)
$2,650 + $7,225
$9,875
2017
$435 (+30.9%)
$2,650 + $7,225
$9,875
2016
$332
$2,650 + $7,925
$10,575
2014
$332
$2,650 + $4,950
$7,600
Tax history for 4587 Sumner Wells Rd
Year
Property tax
Land + Additions
Assessment*
2025
$1,078 (+29.4%)
$3,325 + $17,125
$20,450
2024
$833 (+8.1%)
$3,325 + $17,125
$20,450
2023
$771
$2,650 + $10,000
$12,650
2022
$771 (−1.2%)
$2,650 + $10,000
$12,650
2021
$780 (+9.0%)
$2,650 + $10,000
$12,650
2020
$716
$2,650 + $10,000
$12,650
2019
$716
$2,650 + $7,225
$9,875
2018
$716 (+64.6%)
$2,650 + $7,225
$9,875
2017
$435 (+30.9%)
$2,650 + $7,225
$9,875
2016
$332
$2,650 + $7,925
$10,575
2014
$332
$2,650 + $4,950
$7,600
*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
3
Baths
1
Stories
1
Lot width
55 ft.
Lot depth
111 ft.
Lot size
6,108 Sq. Ft.
Year renovated
1984
Sq. Ft.
1,013
Year built
1972
Style
Single Family Residential
County
Shelby County
APN
073110 00031
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
Property details
Parking
Parking Information
Parking Total: 0
Parking Features: Parking Pad
Interior
Bedroom Information
# of Bedrooms: 3
Bathroom Information
# of Full Baths (Total): 1
Heating & Cooling
Has Heating
Heating Information: Central
Has Cooling
Cooling Information: Other
Interior Features
Flooring: Tile, Vinyl
Exterior
Property Information
Property Type: Residential
Property Sub Type: Single Family Residence
Above Grade Finished Area Units: Square Feet
Below Grade Finished Area Units: Square Feet
Lot Information
Lot Size Area: 0.14
Lot Size Units: Acres
Lot Size Acres: 0.14
Lot Size Dimensions: 55X111
Lot Size Source: Assessor
Financial
Tax Information
Tax Annual Amount: $833
Location
Location Information
Directions: Take I-240 E from Downtown Memphis. Exit at Lamar Ave (US-78 S). Continue on Lamar Ave, then turn left onto Knight Arnold Rd. Turn right onto Mendenhall Rd S. Turn left onto Sumners Wells Rd. 4587 Sumners Wells Rd will be on your left.
Public facts
Beds: 3
Baths: 1.0
Sq. Ft.: 1,013
Stories: 1.0
Lot Size: 6,108 square feet
Style: Single Family Residential
Year Built: 1972
Year Renovated: 1984
County: Shelby County
APN: 073110 00031
Home facts updated by county records on Jul 13, 2026
Other
Home Information
Living Area Units: Square Feet
Building Area Units: Square Feet
Year Built Details: Existing
Levels: Three Or More
Around this home
Schools
Oakhaven Elementary School
Public PreK-5 • Assigned • 1.6mi
6/10
Oakhaven Middle School
Public 6-8 • Assigned • 1.7mi
4/10
Oakhaven High School
Public 9-12 • Assigned • 1.7mi
5/10
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 109° expected this year, 21 days in 30 years
4/10 Wind Factor
18% 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 • 38118
Average low and high temperatures (°F)
48
30
58
38
72
50
78
58
79
63
89
72
93
77
90
72
86
68
78
57
66
49
55
40
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 4.8 hours in December, placing it above the
U.S. average for solar exposure.
10.5 hrs
4.8 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$132,000 – $160,000
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