TENANT-OCCUPIED INVESTMENT PROPERTY! Charming 3BR/1BA home generating $1,095/month with a recently renewed lease through 2/28/2027. Situated on a quiet street, the property features a functional, low-maintenance layout ideal for long-term tenancy. Professionally managed, truly turnkey income. Maintenance report and tenant ledger available upon request. Please do not disturb tenant.
Single-familyProperty Type
1958Year Built
0.27 acresLot Size
$122Price/Sq.Ft.
1 spaceParking
Listed by Jeremy Veldman• KAIZEN REALTY LLC
Contact: 6624187511
Bought with Itzel Sanchez Bustamante• Keller Williams
Est. $1,040 per month, based on comparable rentals
Sale and tax history for 5061 Stacey Dr
Sale History
Tax History
Date
Event
Price
REALTRACS as Distributed by MLS Grid #3244452
Jun 12, 2026
Sold
$127,500
$122/sq ft
Feb 19, 2026
Listed
$129,900
$124/sq ft
Memphis Area Association of Realtors(R) MLS #10214973
Jun 12, 2026
Sold
$127,500
$122/sq ft
Apr 13, 2026
Price Changed
$129,900
$124/sq ft
Feb 19, 2026
Listed
$139,900
$134/sq ft
TENANT-OCCUPIED INVESTMENT PROPERTY! Charming 3BR/1BA home generating $1,095/month with a recently renewed lease through 2/28/2027. Situated on a quiet street, the property features a functional, low-maintenance layout ideal for long-term tenancy. Professionally managed, truly turnkey income. Maintenance report and tenant ledger available upon request. Please do not disturb tenant.
REALTRACS as Distributed by MLS Grid #3097133
Jan 16, 2026
Listing Removed
—
Jan 15, 2026
Listed
$49,000
$47/sq ft
Public Records
Mar 7, 2024
Sold
$131,900
$126/sq ft
REALTRACS as Distributed by MLS Grid #3018571
Sep 22, 2023
Sold
$85,000
$81/sq ft
Memphis Area Association of Realtors(R) MLS #10156221
Sep 22, 2023
Sold
$85,000
$81/sq ft
Sep 8, 2023
Listed
$85,000
$81/sq ft
Memphis Area Association of Realtors(R) MLS #1
Aug 14, 2019
Price Changed
$49,000
$47/sq ft
Memphis Area Association of Realtors(R) MLS #2569833
Feb 28, 2005
Sold
$57,000
$55/sq ft
Jun 1, 2004
Listed
$55,000
$53/sq ft
Public Records
Feb 28, 1972
Sold
$16,000
$15/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$1,890 (+2.0%)
$3,375 + $32,475
$35,850
2024
$1,852 (+114.5%)
$3,375 + $32,475
$35,850
2023
$863
$2,375 + $25,750
$28,125
2022
$863 (−1.2%)
$2,375 + $11,800
$14,175
2021
$874 (+14.8%)
$2,375 + $11,800
$14,175
2020
$761
$2,375 + $11,800
$14,175
2019
$761
$2,375 + $8,125
$10,500
2018
$761 (+76.3%)
$2,375 + $8,125
$10,500
2017
$432 (+0.4%)
$2,375 + $8,125
$10,500
2016
$430
$2,375 + $8,125
$10,500
2014
$430
$2,500 + $7,350
$9,850
Public record
Public record
Zoning
Beds
3
Baths
1
Stories
1
Lot width
85 ft.
Lot depth
139 ft.
Lot size
0.27 Acres
Year renovated
2010
Sq. Ft.
1,184
Year built
1958
Style
Single Family Residential
County
Shelby County
APN
076132 00022
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
Property details
Parking
Parking Information
Parking Total: 1
Parking Features: Parking Pad
Open Parking Spaces: 1
Interior
Bedroom Information
# of Bedrooms: 3
Bathroom Information
# of Full Baths (Total): 1
Room 1 Information
Room Type: Bedroom 1
Room Dimensions: 10x10
Room 2 Information
Room Type: Den
Room Dimensions: 10x10
Room 3 Information
Room Type: Dining Room
Room Dimensions: 10x10
Room 4 Information
Room Type: Living Room
Room Dimensions: 10x10
Heating & Cooling
Has Heating
Heating Information: Central
Has Cooling
Cooling Information: Central Air
Interior Features
Flooring: Carpet
Exterior
Exterior Features
Patio And Porch Features: Patio
Property Information
Property Type: Residential
Property Sub Type: Single Family Residence
Above Grade Finished Area Units: Square Feet
Above Grade Finished Area Source: Assessor
Below Grade Finished Area Units: Square Feet
Below Grade Finished Area Source: Assessor
Lot Information
Lot Size Area: 0.27
Lot Size Units: Acres
Lot Size Acres: 0.27
Lot Size Dimensions: 85X139
Financial
Tax Information
Tax Annual Amount: $1,889
Location
Location Information
Directions: Get on I-240 W. Take exit 7 from I-55 N. Slight left onto Horn Lake Rd. Turn left onto W Shelby Dr. Turn right onto Neely Rd. Turn left onto Summerwood Ave. Turn right onto Stacey Rd.
Public facts
Beds: 3
Baths: 1.0
Sq. Ft.: 1,184
Stories: 1.0
Lot Size: 0.27 acres
Style: Single Family Residential
Year Built: 1958
Year Renovated: 2010
County: Shelby County
APN: 076132 00022
Home facts updated by county records on Jul 14, 2026
Other
Home Information
Living Area: 1045
Living Area Units: Square Feet
Living Area Source: Assessor
Building Area Total: 1045
Building Area Units: Square Feet
Building Area Source: Assessor
Year Built Details: Existing
Levels: Three Or More
Around this home
Schools
Geeter School
Public PreK-8 • Assigned • 1.2mi
4/10
Fairley High School
Charter 9-12 • Assigned • 0.2mi
4/10
Provided by GreatSchools
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
19% 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
92/ 100
Exceptional sunlight
Sunscore
This home ranks in the top 26% for direct sun exposure in Memphis. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
10 hrs
6.8 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$142,000 – $171,000
Sell confidently with a local market expert in Memphis.