Great investment opportunity! This CASHFLOW property will be fully renovated and brought to 2019 standards! Target rent = $775 and professional property management is in place! This brick home features Hard surface floors, updated kitchen and bathrooms, newer working HVAC, and much more!
Memphis Area Association of Realtors(R) MLS #10064544
Nov 25, 2019
Sold
$77,500
$55/sq ft
Oct 18, 2019
Listed
$77,500
$55/sq ft
Public Records
Sep 30, 2019
Sold
$34,000
$24/sq ft
Memphis Area Association of Realtors(R) MLS #1
Oct 5, 2016
Price Changed
$52,500
$38/sq ft
Sep 7, 2016
Price Changed
$55,500
$40/sq ft
Aug 5, 2016
Price Changed
$55,900
$40/sq ft
Jul 29, 2016
Price Changed
$56,000
$40/sq ft
Jul 23, 2016
Price Changed
$57,000
$41/sq ft
Jul 14, 2016
Price Changed
$58,900
$42/sq ft
Jul 9, 2016
Price Changed
$61,500
$44/sq ft
Jul 6, 2016
Price Changed
$61,900
$44/sq ft
May 23, 2016
Price Changed
$62,000
$44/sq ft
May 15, 2016
Price Changed
$62,500
$45/sq ft
Apr 15, 2016
Price Changed
$62,900
$45/sq ft
Memphis Area Association of Realtors(R) MLS #3156146
Jan 22, 2010
Sold
$8,350
$6/sq ft
Oct 21, 2008
Listed
$19,900
$14/sq ft
Public Records
Oct 16, 1972
Sold
$16,960
$12/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$1,521 (−10.5%)
$3,750 + $25,100
$28,850
2024
$1,699 (+8.1%)
$3,750 + $25,100
$28,850
2023
$1,572
$2,500 + $23,300
$25,800
2022
$1,572 (−1.2%)
$2,500 + $23,300
$25,800
2021
$1,590 (+43.0%)
$2,500 + $23,300
$25,800
2020
$1,112
$2,500 + $23,300
$25,800
2019
$1,112
$2,500 + $12,850
$15,350
2018
$1,112 (+76.3%)
$2,500 + $12,850
$15,350
2017
$631 (+7.5%)
$2,500 + $12,850
$15,350
2016
$587 (−6.7%)
$2,500 + $12,850
$15,350
2014
$629
$2,500 + $11,900
$14,400
Tax history for 4850 Leonard Rd
Year
Property tax
Land + Additions
Assessment*
2025
$1,521 (−10.5%)
$3,750 + $25,100
$28,850
2024
$1,699 (+8.1%)
$3,750 + $25,100
$28,850
2023
$1,572
$2,500 + $23,300
$25,800
2022
$1,572 (−1.2%)
$2,500 + $23,300
$25,800
2021
$1,590 (+43.0%)
$2,500 + $23,300
$25,800
2020
$1,112
$2,500 + $23,300
$25,800
2019
$1,112
$2,500 + $12,850
$15,350
2018
$1,112 (+76.3%)
$2,500 + $12,850
$15,350
2017
$631 (+7.5%)
$2,500 + $12,850
$15,350
2016
$587 (−6.7%)
$2,500 + $12,850
$15,350
2014
$629
$2,500 + $11,900
$14,400
*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
1.5
Stories
1
Lot width
75 ft.
Lot depth
190 ft.
Lot size
0.33 Acres
Year renovated
1989
Sq. Ft.
1,416
Year built
1958
Style
Single Family Residential
County
Shelby County
APN
076111 00018
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
Oct 7, 2020 • Final
Residential electrical
Reinstall the electrical meter and install a grounded outlet. Perform minor electrical repairs.
Electrical
Electric meter
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.
Additional Bedroom/Bathroom Info: All Bedrooms Down
Exterior
Exterior Features
Pool Description: None
Miscellaneous Exterior: Wrought Iron Security Doors
Exterior/Windows: Wood/Composition
Foundation: Slab
Roof: Composition Shingles
Land Information
Acreage: 0.32
Lot Information
Parcel ID: 076111 00018
Lot #: 182
Lot Size: 14250
Lot Description: Some Trees
Area: 767C
Property Information
Detached Single Family
Style: Traditional
Property Construction Status: Existing Property
Approx Heated Sq. Ft. Range: 1400-1599
Year Built: 1958
Financial
Tax Information
Annual City Tax: $490
Annual County Tax: $629
Utilities
Utility Information
Water & Sewer: Public Water, Public Sewer
Heating: Central
Cooling: Central
Location
Multi-Unit Information
Detached Unit Type: General Residential
Location Details
Directions: Get on I-240 W from Walnut Grove Rd Follow I-240 W and I-69 S to TN-175 W/ E Shelby Dr. Take exit 2B from I-69 S Continue on TN-175 W/ E Shelby Dr. Drive to Leonard Rd
MAAR Subdivision Name: AIRVIEW
Public facts
Beds: 3
Baths: 1.5
Sq. Ft.: 1,416
Stories: 1.0
Lot Size: 0.33 acres
Style: Single Family Residential
Year Built: 1958
Year Renovated: 1989
County: Shelby County
APN: 076111 00018
Home facts updated by county records on Jul 14, 2026
Around this home
Schools
Westhaven Elementary School
Public PreK-5 • Assigned • 0.6mi
6/10
Fairley High School
Charter 9-12 • Assigned • 0.3mi
4/10
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
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 • 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
In this area, properties receive around 10.6 hours in
June and 4.8 hours in December, placing it above the
U.S. average for solar exposure.
10.6 hrs
4.8 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$123,000 – $148,000
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Property information provided by Memphis Area Association of Realtors(R) MLS when last listed in 2019. This data may not match public records. Learn more.