Investment Opportunity to add to your portfolio. Tenant occupied on two-year lease at $985 this year and $1035 next year. Home was updated recently with new LVP in common areas, carpet in bedrooms, updated kitchen with new cabinets and counter tops and updated bathroom! New paint and lighting! Need a Quick Sell? We are always looking for homes to buy. Will take them "as is" without inspection and pay cash. Call listing agent for details. Do Not Disturb Tenants!
Single-familyProperty Type
1961Year Built
9,583 sq ftLot Size
1 spaceParking
Listed by Andrew Akins• CB Properties of Memphis, LLC
Bought with Andrew Akins• CB Properties of Memphis, LLC
Memphis Area Association of Realtors(R) MLS #10212714
Jan 2, 2026
Sold
$109,500
Oct 1, 2025
Listed
$109,500
Memphis Area Association of Realtors(R) MLS #2
Apr 5, 2025
Price Changed
$105,000
SHOWMOJO #1
Apr 12, 2025
Rental Removed
$985
Mar 5, 2025
Listed for Rent
$985
Memphis Area Association of Realtors(R) MLS #2514891
Oct 1, 2002
Sold
$49,000
Jun 29, 2002
Listed
$53,900
3 Br/1 Ba home. Owner has updated with all new carpet/vinyl/paint. Exterior is low maintence brick/vinyl. Shady backyard. Call agent for details on available owner financing.
Memphis Area Association of Realtors(R) MLS #320622
Mar 14, 2001
Sold
$49,900
Oct 11, 2000
Listed
$49,900
Public Records
Sep 25, 1995
Sold
$40,800
Year
Property tax
Land + Additions
Assessment*
2025
$1,103 (+34.8%)
$3,375 + $23,550
$26,925
2024
$818 (+8.1%)
$3,375 + $17,550
$20,925
2023
$757
$2,375 + $10,050
$12,425
2022
$757 (−1.2%)
$2,375 + $10,050
$12,425
2021
$766 (+10.4%)
$2,375 + $10,050
$12,425
2020
$694
$2,375 + $10,050
$12,425
2019
$694
$2,375 + $7,200
$9,575
2018
$694 (+76.3%)
$2,375 + $7,200
$9,575
2017
$394 (−2.1%)
$2,375 + $7,200
$9,575
2016
$402
$2,375 + $7,200
$9,575
2014
$402
$2,500 + $6,700
$9,200
Tax history for 4989 Neely Rd
Year
Property tax
Land + Additions
Assessment*
2025
$1,103 (+34.8%)
$3,375 + $23,550
$26,925
2024
$818 (+8.1%)
$3,375 + $17,550
$20,925
2023
$757
$2,375 + $10,050
$12,425
2022
$757 (−1.2%)
$2,375 + $10,050
$12,425
2021
$766 (+10.4%)
$2,375 + $10,050
$12,425
2020
$694
$2,375 + $10,050
$12,425
2019
$694
$2,375 + $7,200
$9,575
2018
$694 (+76.3%)
$2,375 + $7,200
$9,575
2017
$394 (−2.1%)
$2,375 + $7,200
$9,575
2016
$402
$2,375 + $7,200
$9,575
2014
$402
$2,500 + $6,700
$9,200
*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
Stories
1
Lot width
76 ft.
Lot depth
141 ft.
Lot size
9,918 Sq. Ft.
Year renovated
1990
Sq. Ft.
975
Year built
1958
Style
Single Family Residential
County
Shelby County
APN
076126 00013
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 mechanical
Perform a gas air test on a residential building.
Gas
HVAC
Oct 7, 2020 • Final
Residential electrical
Repair the ground clamp and electrical devices.
Electrical
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.
Property details
Parking
Parking Information
# of Covered Parking Spaces: 1
Parking/Storage: Driveway/Pad
Interior
Bedroom Information
# of Bedrooms (Lower): 3
# of Bedrooms: 3
# of Bedrooms: 3
# of Bedrooms Down: 3
Master Bedroom Dimensions: 10 x 11
Master Bedroom Dimensions: 10 x 11
Bathroom Information
# of Baths (Full): 1
# of Bathrooms (Full): 1
Interior Features
# of Rooms: 6
# of Stories: 1
Floors/Ceilings: Part Carpet, Part Hardwood
Room Information
Living Room Dimensions: 10 x 12
Dining Room Dimensions:
Den/Great Room Dimensions:
Dining Room Dimensions: 0x0
Living Room Dimensions: 10x12
Living/Dining/Kitchen: Updated/Renovated Kitchen
Den/Great Room Dimensions: 0x0
Additional Bedroom/Bathroom Info: All Bedrooms Down
Exterior
Exterior Features
Pool Description: None
Miscellaneous Exterior: Patio
Exterior/Windows: Brick Veneer
Land Information
Acreage: 0.22
Lot Information
Parcel ID: 076126 00013
Lot #: 204
Lot Size: 76X141
Lot Description: Level
Area: 767C
Property Information
Detached Single Family
Style: Traditional
Property Construction Status: Existing Property
Year Built: 1961
Financial
Tax Information
Annual City Tax: $336
Annual County Tax: $421
Financing
Buyer Contributions: 0
Utilities
Utility Information
Heating: Central
Cooling: Central
Location
Multi-Unit Information
Detached Unit Type: General Residential
Location Details
Directions: West on Shelby Drive. Left onto Neely. Home on the left.
MAAR Subdivision Name: HOLMES RD 1ST ADD
Public facts
Beds: 3
Baths: 1.0
Sq. Ft.: 975
Stories: 1.0
Lot Size: 9,918 square feet
Style: Single Family Residential
Year Built: 1958
Year Renovated: 1990
County: Shelby County
APN: 076126 00013
Home facts updated by county records on Jul 14, 2026
Around this home
Schools
Geeter School
Public PreK-8 • Assigned • 1.0mi
4/10
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
3/10 Fire Factor
0.31% 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
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
$134,000 – $162,000
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