25k Price reduction! Incredible investment opportunity available with tremendous cash flow and huge potential upside! This property could be worth a lot of money once fixed up. Multiple properties available. Homes can be bought individually or in bulk. All homes are professionally managed. Most all of these are tenant occupied AND have value add upside. Many of these homes have had significant rehab done in the past few years. This could be an amazing opportunity. Do not approach or disturb tenants. No showigns without an accepted offer. No wholesale, creative finance or seller finance.
Single-familyProperty Type
1952Year Built
0.34 acresLot Size
1 spaceParking
Listed by William Haynes• Crye-Leike, Inc., REALTORS
Listed by Tyler Tapley• Crye-Leike, Inc., REALTORS
Colonial Acres, located between East Parkway and I-240, is a residential and mid-century Memphis neighborhood with ranch-style streetscapes and a leafy, park-adjacent feel. The neighborhood’s character concentrates around the Park Avenue and Getwell Road corridor, where low-slung storefronts, local eateries, and everyday services set a steady, lived-in rhythm. Housing leans toward brick one-stories and tidy lots, with curving blocks that soften traffic and add a suburban cadence inside the city. The edge of the area ties into the green expanse of Audubon Park and the Memphis Botanic Garden for long walks and open lawns. Nearby anchors like the Dixon Gallery & Gardens and Theatre Memphis add a cultural counterpoint to the quiet blocks. Errands and dining cluster along Park and Poplar, keeping the geography practical without changing the calm tone.
Provided by Walk Score and Local Logic
Offer insights
4594 Sea Isle Rd · $158,900
$159K and above
75% chance or better to win
Why $159K+ is a strong offer
DAYS ON MARKET
172 days
The average home goes pending in 35 days.
SALE-TO-LIST
96.7%
Most homes are selling 3% below list price.
About offer insights
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Interior features
Part carpet flooring
Seven total rooms
Single-story layout
All bedrooms located on the main/lower level
Pantry
Bedrooms
Four bedrooms (all on the lower/main level)
Bathrooms
Two full bathrooms
Kitchen
Pantry
Flooring
Part carpet
Heating & cooling
Central heating
Central air conditioning
Exterior features
Brick veneer and wood/composition exterior
Level lot
Other exterior features (see remarks)
No pool
Home design
Detached single-family home
Traditional style
Existing property (built in 1952)
Parking
One covered parking space
Driveway/pad parking
Construction
Built in 1952
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 #10216296
Aug 20, 2026
Price Changed
$158,900
Jul 14, 2026
Price Changed
$159,900
Apr 23, 2026
Price Changed
$160,000
Mar 7, 2026
Listed
$185,000
Public Records
May 25, 2021
Sold
$362,812
Public Records
May 26, 2006
Sold
$80,000
Public Records
Jun 11, 1974
Sold
$31,200
Year
Property tax
Land + Additions
Assessment*
2025
$2,844 (−11.1%)
$9,575 + $44,375
$53,950
2024
$3,199 (+8.1%)
$9,575 + $44,375
$53,950
2023
$2,959
$6,650 + $41,925
$48,575
2022
$2,959 (−1.2%)
$6,650 + $41,925
$48,575
2021
$2,994 (+46.4%)
$6,650 + $41,925
$48,575
2020
$2,045
$6,650 + $41,925
$48,575
2019
$2,045
$6,650 + $21,575
$28,225
2018
$2,045 (+76.3%)
$6,650 + $21,575
$28,225
2017
$1,160 (−3.2%)
$6,650 + $21,575
$28,225
2016
$1,199
$6,650 + $21,575
$28,225
2014
$1,199
$6,050 + $21,400
$27,450
Public record
Public record
Zoning
Beds
4
Baths
2
Stories
1
Lot width
58 ft.
Lot depth
142 ft.
Lot size
0.35 Acres
Year renovated
—
Finished Sq. Ft.
1,617
Unfinished Sq. Ft.
—
Total Sq. Ft.
1,617
Year built
1952
Style
Single Family Residential
County
Shelby County
APN
066031 00033
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
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)
47
30
57
38
72
50
78
58
79
63
88
72
93
77
90
71
86
68
78
57
66
49
54
40
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
90/ 100
Exceptional sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.3 hrs
6.1 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 4594 Sea Isle Rd
$151,501
$7,399 under list price of $159K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $190K to $225K.