Amazing price on this hard-to-find 3BR/3BA ranch-style home on an estate-sized ½+ acre lot in a highly sought-after East Memphis location! Beautiful hardwood floors throughout & new roof in 2025. Secure gated parking opens to a private backyard with covered patio, extended brick patio & storage building—perfect for outdoor living & entertaining. Updated kitchen features quartzite countertops, SS appliances, built-ins, abundant drawer storage & charming breakfast room with bench seating. Flexible floor plan offers two bedrooms suitable as primary suites. Updated baths & lighting add a fresh, move-in-ready feel. Spacious living room flows into the dining room, while the inviting back den features rich paneling, built-in cabinetry, desk space & a custom iron door leading to the patio. Oversized wood-paneled closet provides exceptional storage. New water heater-2026.
Greenway Gardens-Brennan, located between Poplar Avenue and Walnut Grove Road, is a residential and institutional Memphis neighborhood with mid-century brick homes and leafy, curving streets. The neighborhood’s energy concentrates around the Poplar Avenue corridor near the University of Memphis, where coffee counters, casual eateries, and campus foot traffic set the daily rhythm. The University of Memphis anchors the area with collegiate architecture and event nights at the FedExForum-adjacent pipeline of Tigers sports. Dixon Gallery & Gardens adds a quiet cultural counterpoint with formal grounds and rotating exhibitions. Audubon Park and the Memphis Botanic Garden shape an outdoors-forward routine with trails and seasonal plantings. Housing reads as ranches, split-levels, and tidy apartment communities, with a practical, lived-in feel.
Provided by Walk Score and Local Logic
Offer insights
4898 Cole Rd · $385,000
$387K and above
75% chance or better to win
Why $387K+ is a strong offer
DAYS ON MARKET
4 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
One-story layout
Gas fireplace with logs in the den/great room
Walk-in closet(s)
Pull-down attic stairs and attic access
Cable wiring
Bedrooms
Three bedrooms, all on the main level
Primary bedroom on main level with walk-in closet, full bath, smooth ceiling, and hardwood floor
Bedroom 2 on main level with smooth ceiling and hardwood floor (16 x 11)
Bedroom 3 on main level with private full bathroom, smooth ceiling, and hardwood floor (12 x 12)
Bathrooms
Three full bathrooms
Primary bathroom with tile floor and smooth ceiling
Renovated bathroom(s)
Kitchen
Updated/renovated kitchen
Eat-in kitchen with breakfast room and breakfast bar
Range/oven (self-cleaning)
Dishwasher
Microwave
Disposal
Laundry & utility
Laundry closet
Flooring
Partial hardwood floors
Tile floors
Smooth ceilings throughout
Heating & cooling
Central heating (gas)
Central cooling
Ceiling fans
Exterior features
Well-landscaped grounds with some trees
Wood fence
Porch
Patio and covered patio
Storage building and workshop
Sidewalks
Home design
Detached single-family ranch
Built in 1951
Parking
Driveway/pad
Gated parking with gate clickers
Storage room(s)
Security
Gated parking
Construction
Brick veneer exterior
Wood/composition windows
Composition shingle roof
Conventional foundation
Utilities
Public water and public sewer
Electric water heater
Two or more water heaters
Financial info
Financing available: Conventional, FHA, VA
Electricity and solar
View estimated energy costs and solar savings for this home
Memphis Area Association of Realtors(R) MLS #10229122
Aug 26, 2026
Listed
$385,000
Memphis Area Association of Realtors(R) MLS #1
Jun 24, 2026
Price Changed
$430,000
REALTRACS as Distributed by MLS Grid #3036623
Aug 8, 2024
Sold
$420,000
+23
Open Sunday 12-2 with a NEW PRICE! East Memphis Charm! Only 2 homes have been available under 500k in Shady Grove Neighborhood in the last 2 years! With it's prime location, this 3-bedroom, 3-full bath home is so inviting offering a functional floor plan & ample size lot. Features include; Covered patio, electric gate with secured parking, updated bathrooms, tankless hot water heater, new kitchen appliances, refinished hardwood floors throughout and new quartzite countertops in the kitchen!
Memphis Area Association of Realtors(R) MLS #10171676
Aug 8, 2024
Sold
$420,000
Jul 12, 2024
Price Changed
$450,000
Jul 2, 2024
Price Changed
$470,000
Jun 27, 2024
Price Changed
$475,000
Jun 5, 2024
Price Changed
$479,900
May 23, 2024
Price Changed
$498,900
May 4, 2024
Listed
$515,000
Public Records
Jun 5, 2019
Sold
$375,000
Memphis Area Association of Realtors(R) MLS #10049687
May 29, 2019
Sold
$380,000
Apr 6, 2019
Listed
$394,875
Memphis Area Association of Realtors(R) MLS #9975930
Jun 9, 2016
Sold
$333,500
Apr 27, 2016
Listed
$338,500
Public Records
Dec 22, 1999
Sold
$20,544
Public Records
Dec 30, 1996
Sold
$19,650
Public Records
Jan 20, 1995
Sold
$19,650
Year
Property tax
Land + Additions
Assessment*
2025
$5,973 (+2.3%)
$50,550 + $62,775
$113,325
2024
$5,836 (+8.1%)
$50,550 + $62,775
$113,325
2023
$5,399
$38,250 + $50,375
$88,625
2022
$5,399 (−1.2%)
$38,250 + $50,375
$88,625
2021
$5,462 (−1.3%)
$38,250 + $50,375
$88,625
2020
$5,536
$38,250 + $50,375
$88,625
2019
$5,536
$38,250 + $38,150
$76,400
2018
$5,536 (+76.3%)
$38,250 + $38,150
$76,400
2017
$3,140 (+21.4%)
$38,250 + $38,150
$76,400
2016
$2,587
$38,250 + $38,150
$76,400
2014
$2,587
$38,250 + $20,950
$59,200
Public record
Public record
Zoning
Permits
Beds
3
Baths
3
Stories
1
Lot width
117 ft.
Lot depth
199 ft.
Lot size
0.53 Acres
Year renovated
1970
Finished Sq. Ft.
2,070
Unfinished Sq. Ft.
—
Total Sq. Ft.
2,070
Year built
1951
Style
Single Family Residential
County
Shelby County
APN
056014 00031
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 13, 2026.
R-10
Residential Single-Family-10 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. 5 single-family residential districts are established-R-10 which are differentiated primarily on the basis of minimum lot area and setback requirements.; New R-10 districts are generally located at least 1,500 to 2,000 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
Jan 23, 2023 • Final
Residential alteration
Repair the front corner of a residence damaged by a vehicle impact. Work includes framing repairs to the exterior wall, brick replacement on the corner, and electrical repairs within the impact zone.
Electrical
Remodel
Mar 18, 2020 • Active
Residential plumbing
Replace a shower and tub valve, install new stops, and replace a toilet. Repair damage to the house caused by a vehicle collision.
Plumbing
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
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, 20 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
91
72
86
68
78
57
66
49
54
40
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
82/ 100
Very good sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
8.8 hrs
6 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 4898 Cole Rd
$384,854
$146 under list price of $385K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $188K to $445K.