Great investment opportunity! This CASHFLOW property will be fully renovated and brought to 2020 standards! Target rent = $795 and professional property management is in place! This brick home features Hard surface floors, updated kitchen and bathrooms, newer working HVAC, and much more!
Single-familyProperty Type
1971Year Built
6,600 sq ftLot Size
$135Est. Price/Sq.Ft.
Listed by Jim Reedy• Reedy Group II, LLC
Bought with Bradley Reedy• Reedy Group II, LLC
Source:Memphis Area Association of Realtors(R) MLS #10088371
Redfin Estimate
$129,566
$10K since sold in September 2025$4,000 since October
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 58% higher than the average sale price ($82K) of 6 comparable homes.
Memphis Area Association of Realtors(R) MLS #10088371
Jan 19, 2021
Sold
$84,900
$88/sq ft
Nov 5, 2020
Listed
$84,900
$88/sq ft
+3
Great investment opportunity! This CASHFLOW property will be fully renovated and brought to 2020 standards! Target rent = $795 and professional property management is in place! This brick home features Hard surface floors, updated kitchen and bathrooms, newer working HVAC, and much more!
Public Records
Oct 1, 2020
Sold
$41,000
$43/sq ft
Public Records
Aug 1, 1991
Sold
$40,000
$42/sq ft
Public Records
Nov 18, 1970
Sold
$14,825
$15/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$1,575 (+25.5%)
$3,875 + $26,000
$29,875
2024
$1,255 (+8.1%)
$3,875 + $26,000
$29,875
2023
$1,160
$2,700 + $16,350
$19,050
2022
$1,160 (+31.7%)
$2,700 + $16,350
$19,050
2021
$881 (+4.9%)
$2,700 + $16,350
$19,050
2020
$841
$2,700 + $11,600
$14,300
2019
$841
$2,700 + $8,900
$11,600
2018
$841 (+76.3%)
$2,700 + $8,900
$11,600
2017
$477 (−2.9%)
$2,700 + $8,900
$11,600
2016
$491
$2,700 + $8,900
$11,600
2014
$491
$2,700 + $8,550
$11,250
Tax history for 4864 Hillbrook Rd
Year
Property tax
Land + Additions
Assessment*
2025
$1,575 (+25.5%)
$3,875 + $26,000
$29,875
2024
$1,255 (+8.1%)
$3,875 + $26,000
$29,875
2023
$1,160
$2,700 + $16,350
$19,050
2022
$1,160 (+31.7%)
$2,700 + $16,350
$19,050
2021
$881 (+4.9%)
$2,700 + $16,350
$19,050
2020
$841
$2,700 + $11,600
$14,300
2019
$841
$2,700 + $8,900
$11,600
2018
$841 (+76.3%)
$2,700 + $8,900
$11,600
2017
$477 (−2.9%)
$2,700 + $8,900
$11,600
2016
$491
$2,700 + $8,900
$11,600
2014
$491
$2,700 + $8,550
$11,250
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Zoning
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
Interior
Bathroom Information
# of Full Baths: 1
Heating & Cooling
Air Conditioning Type: Central and Unit
Heating Fuel Type: Gas
Heating Type: Central
Room Information
# of Rooms: 5
Exterior
Exterior Information
Physical Condition: Good
Building Style Type: Traditional
Exterior Wall: Brick Veneer
Roof Covering Type: Composition Shingle
Roof Shape Type: Gable
Property Information
Subdivision Name: SMITH-TURLEY REV
Living Sq. Ft: 963
Ground Floor Sq. Ft: 963
Building Sq. Ft: 963
# of Stories: 1
Stories Type: 1
Lot Information
# of Buildings: 1
Land Sq. Ft: 6,600
Legal Lot Number: 471
Municipality Name: MEMPHIS
Acres: 0.1515
Depth Footage: 110
Front Footage: 60
Zoning Code: R-6
County Use Description: SINGLE FAMILY
Financial
Assessor Information
Assessment Year: 2026
Public facts
Beds: 3
Baths: 1.0
Sq. Ft.: 963
Stories: 1.0
Lot Size: 6,600 square feet
Style: Single Family Residential
Year Built: 1971
Year Renovated: 1996
County: Shelby County
APN: 076090 00027
Home facts updated by county records on Oct 22, 2026
Around this home
Schools
K - 12
Preschool & daycare
Westhaven Elementary School
Public PreK-5 • Assigned • 0.8mi
6/10
Fairley High School
Charter 9-12 • Assigned • 0.6mi
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 110° 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 • 38109
Average low and high temperatures (°F)
46
30
56
38
71
50
77
58
78
63
87
72
92
76
89
71
87
67
75
58
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
$124,000 – $150,000
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