Investment opportunity in Memphis! This 2-bedroom, 1-bath home offers strong rental potential with estimated rents approaching $800–$1,000/month. Featuring a functional layout, spacious lot, and convenient access to major roads, this property is ideal for investors looking to add to their portfolio or first-time buyers seeking an affordable entry point into homeownership. With demand for rental properties in this area remaining strong, this is a great opportunity to secure a cash-flowing asset at an attractive price point. Schedule your showing today.
South Memphis Planning Dist, located between Downtown Memphis and the Mississippi state line, is a historic and industrial Memphis neighborhood with rail corridors and landmark music sites. The neighborhood’s character concentrates around the Stax Museum of American Soul Music on McLemore Avenue, where museumgoers, murals, and small local storefronts set a grounded, creative tone. Stax Museum of American Soul Music, The Four Way Soul Food Restaurant, and Earnestine & Hazel’s anchor local culture with deep Memphis roots. Housing ranges from early-20th-century cottages to brick mid-century blocks, with wide streets and working corridors shaping the streetscape. Martin Luther King Jr. Riverside Park and the riverfront add open-air breathing room. Major arterials like South Parkway and Elvis Presley Boulevard frame daily movement across the district.
Provided by Walk Score and Local Logic
Offer insights
476 Jenson Rd · $100,000
$100K and above
75% chance or better to win
Why $100K+ is a strong offer
DAYS ON MARKET
135 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
Dining
Interior features
Four total rooms
Single-story home
Wood laminate floors
Great room
Pantry
Washer/dryer connections
Renovated full bathroom
Bedrooms
Two bedrooms, both on the main level
Primary bedroom with hardwood floor
Bathrooms
One full bathroom, renovated and on the main level
Kitchen
Pantry (no specific appliances listed)
Laundry & utility
Washer and dryer connections
Flooring
Wood laminate floors
Hardwood in bedrooms
Heating & cooling
Wall heating unit
Window air conditioning units
Exterior features
Chain-fenced yard
Level, landscaped lot
Wrought iron security doors
Aluminum and double-pane windows
Storm doors
Vinyl siding
No pool
Home design
Detached single-family home
Traditional style
Built in 1960
Parking
Driveway/pad
Storage room(s)
Other parking referenced in remarks
Security
Wrought iron security doors
Construction
Existing property (built 1960)
Utilities
Wall unit heating
Window unit cooling
Electricity and solar
View estimated energy costs and solar savings for this home
Memphis Area Association of Realtors(R) MLS #10219662
Aug 26, 2026
Price Changed
$100,000
May 13, 2026
Price Changed
$115,000
Apr 20, 2026
Listed
$125,000
Public Records
Feb 1, 1993
Sold
$26,000
Year
Property tax
Land + Additions
Assessment*
2025
$698 (+70.4%)
$1,875 + $11,375
$13,250
2024
$410 (+8.1%)
$1,875 + $11,375
$13,250
2023
$379
$1,350 + $4,875
$6,225
2022
$379 (−1.2%)
$1,350 + $4,875
$6,225
2021
$384 (−20.4%)
$1,350 + $4,875
$6,225
2020
$482
$1,350 + $4,875
$6,225
2019
$482
$1,350 + $5,300
$6,650
2018
$482 (+76.3%)
$1,350 + $5,300
$6,650
2017
$273 (−9.8%)
$1,350 + $5,300
$6,650
2016
$303
$1,350 + $5,300
$6,650
2014
$303
$1,350 + $5,600
$6,950
Public record
Public record
Zoning
Beds
2
Baths
1
Stories
1
Lot width
55 ft.
Lot depth
150 ft.
Lot size
8,250 Sq. Ft.
Year renovated
—
Finished Sq. Ft.
782
Unfinished Sq. Ft.
—
Total Sq. Ft.
782
Year built
1953
Style
Single Family Residential
County
Shelby County
APN
075044 00017
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
7/10 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, MS • 38109
Average low and high temperatures (°F)
46
30
56
38
71
50
77
58
78
63
87
72
92
76
89
71
85
67
77
57
65
49
54
39
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
76/ 100
Good sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
8.6 hrs
5.7 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 476 Jenson Rd
$90,414
$9,586 under list price of $100K
Nearby comparable homes
The Redfin Estimate uses 4 recent nearby sales, priced between $69K to $133K.