Cozy 3-bed, 1.5-bath Memphis home in Parkway Village-Oakhaven! 935 sq ft of comfortable living on a 6,969?sq?ft lot. Bright living space, functional kitchen, and flexible dining area. Driveway parking, great location near schools, shopping, and highways. Perfect for first-time buyers or investors—move in or rent out with ease!
Oakhaven, located between I-240 and the Memphis International Airport, is a residential and commercial Memphis neighborhood with mid-century ranch streetscapes and aviation-adjacent energy. The neighborhood’s character concentrates along the Elvis Presley Boulevard corridor near Shelby Drive, where auto shops, taquerias, barbershops, and small storefronts keep the sidewalks in motion. Housing trends toward brick one-stories with deep setbacks, punctuated by apartment communities and pocket churches. T.O. Fuller State Park frames the area with wooded trails and lake views. The airport and FedEx World Hub add a steady rhythm of planes and logistics traffic. Community touchstones include Graceland, the Stax Museum of American Soul Music, and the Memphis Botanic Garden.
Provided by Walk Score and Local Logic
Market insights
4725 Lofts Rd · $79,900
DAYS ON MARKET
127 days
The average home goes pending in 35 days.
SALE-TO-LIST
96.3%
Most homes are selling 4% below list price.
LIST PRICE
$79,900
Median sale price in this area is $269,256. (237% higher than this home)
PRICE DROP
5 price drops
26% of homes in this area have had a price drop in the past month.
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Interior features
Single-story layout
Five total rooms
Wall-to-wall carpet
Bedrooms
Three bedrooms, all on the main level
Primary bedroom about 15 x 9
Secondary bedrooms feature carpet and share a bathroom
Bathrooms
One full bathroom
One half bathroom
Flooring
Carpeted living areas and bedrooms
Heating & cooling
Central heating
Ceiling fans and additional cooling described as 'Other (See Remarks)'
Exterior features
Front porch
Level lot
Composition/wood windows
Home design
Detached single-family home
Traditional style
Built in 1987
Parking
Driveway/pad
Construction
Composition shingle roof
Existing construction
Utilities
Public water
Public sewer
Electricity and solar
View estimated energy costs and solar savings for this home
Memphis Area Association of Realtors(R) MLS #10218864
Jul 31, 2026
Price Changed
$79,900
Jul 3, 2026
Price Changed
$84,900
Jun 13, 2026
Price Changed
$94,900
May 29, 2026
Price Changed
$99,900
May 2, 2026
Price Changed
$109,900
Apr 9, 2026
Listed
$114,900
MLSU #2082572
Oct 11, 2021
Listing Removed
—
Mar 23, 2001
Listed
$35,000
Memphis Area Association of Realtors(R) MLS #3261776
Jan 17, 2013
Sold
$17,000
Dec 20, 2012
Listed
$17,000
+4
Take a look at the multiple photos and virtual tour of this property. This is HUD Home Case # 482-360700 and is being offered in as is condition. Great living room space, carpeted bedrooms, and more! Equal Housing Opportunity. Call today! Easy to show!
Memphis Area Association of Realtors(R) MLS #2523058
May 15, 2003
Sold
$56,500
Oct 21, 2002
Listed
$59,500
Memphis Area Association of Realtors(R) MLS #2515519
Oct 15, 2002
Sold
$30,000
Jul 18, 2002
Listed
$32,500
Public Records
May 13, 1995
Sold
$46,000
Year
Property tax
Land + Additions
Assessment*
2025
$1,167 (+22.3%)
$3,125 + $19,025
$22,150
2024
$955 (+8.1%)
$3,125 + $19,025
$22,150
2023
$883
$2,500 + $12,000
$14,500
2022
$883 (−1.2%)
$2,500 + $12,000
$14,500
2021
$894 (+11.9%)
$2,500 + $12,000
$14,500
2020
$799
$2,500 + $12,000
$14,500
2019
$799
$2,500 + $8,525
$11,025
2018
$799 (+76.3%)
$2,500 + $8,525
$11,025
2017
$453 (−5.6%)
$2,500 + $8,525
$11,025
2016
$480
$2,500 + $8,525
$11,025
2014
$480
$3,000 + $8,000
$11,000
Public record
Public record
Zoning
Permits
Beds
3
Baths
1.5
Stories
1
Lot width
60 ft.
Lot depth
115 ft.
Lot size
7,200 Sq. Ft.
Year renovated
—
Finished Sq. Ft.
903
Unfinished Sq. Ft.
—
Total Sq. Ft.
903
Year built
1987
Style
Single Family Residential
County
Shelby County
APN
073111 B00003
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 14, 2026.
RU-1
Residential Urban-1 District
Residential development in the RU-1 District allows a variety of housing types including single-family detached (conventional, side yard house, Cottage) and single-family attached (semi-attached, two-family). New RU-1 districts should have a shared street network with and are generally located at least 500 to 1,000 ft from a CMU-1, CMU2, CMU-3, or CBD district or at are least 500 to 1,000 ft from 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
Oct 7, 2020 • Final
Residential mechanical
Perform an air test on a residential building.
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.
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
17% 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
95/ 100
Exceptional sunlight
Sunscore
This home ranks in the top 20% for direct sun exposure in the zip code. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
10.2 hrs
6.3 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 4725 Lofts Rd
$74,426
$5,474 under list price of $80K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $89K to $127K.