Great investment opportunity! This CASHFLOW property will be fully renovated and brought to 2019 standards! Target rent = $700 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 #10049414
Apr 24, 2019
Sold
$70,000
Apr 1, 2019
Listed
$70,000
Year
Property tax
Land + Additions
Assessment*
2025
$1,489 (+21.7%)
$3,375 + $24,875
$28,250
2024
$1,223 (+8.1%)
$3,375 + $24,875
$28,250
2023
$1,132
$2,375 + $16,200
$18,575
2022
$1,132 (−1.2%)
$2,375 + $16,200
$18,575
2021
$1,145 (+62.9%)
$2,375 + $16,200
$18,575
2020
$703
$2,375 + $16,200
$18,575
2019
$703
$2,375 + $7,325
$9,700
2018
$703 (+76.3%)
$2,375 + $7,325
$9,700
2017
$399 (−2.0%)
$2,375 + $7,325
$9,700
2016
$407
$2,375 + $7,325
$9,700
2014
$407
$2,500 + $6,825
$9,325
Tax history for 5071 Neely Rd
Year
Property tax
Land + Additions
Assessment*
2025
$1,489 (+21.7%)
$3,375 + $24,875
$28,250
2024
$1,223 (+8.1%)
$3,375 + $24,875
$28,250
2023
$1,132
$2,375 + $16,200
$18,575
2022
$1,132 (−1.2%)
$2,375 + $16,200
$18,575
2021
$1,145 (+62.9%)
$2,375 + $16,200
$18,575
2020
$703
$2,375 + $16,200
$18,575
2019
$703
$2,375 + $7,325
$9,700
2018
$703 (+76.3%)
$2,375 + $7,325
$9,700
2017
$399 (−2.0%)
$2,375 + $7,325
$9,700
2016
$407
$2,375 + $7,325
$9,700
2014
$407
$2,500 + $6,825
$9,325
*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
2
Baths
1
Stories
1
Lot width
78 ft.
Lot depth
136 ft.
Lot size
10,599 Sq. Ft.
Year renovated
1989
Sq. Ft.
975
Year built
1958
Style
Single Family Residential
County
Shelby County
APN
076128 00014
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Oct 22, 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
Rebuild and remount the electrical service.
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.
Floors/Ceilings: Wood Laminate Floors, Part Carpet, Tile
Room Information
Living Room Dimensions:
Dining Room Dimensions:
Den/Great Room Dimensions:
Dining Room Dimensions: 0x0
Living Room Dimensions: 0x0
Living/Dining/Kitchen: Living Room/Dining Room Combination, Updated/Renovated Kitchen
Den/Great Room Dimensions: 0x0
Other Rooms: Other (See Remarks)
Additional Bedroom/Bathroom Info: All Bedrooms Down
Exterior
Exterior Features
Pool Description: None
Miscellaneous Exterior: Wrought Iron Security Doors
Exterior/Windows: Wood/Composition
Land Information
Acreage: 0.24
Lot Information
Parcel ID: 076128 00014
Lot #: 213
Lot Size: 10599
Lot Description: Level
Area: 767C
Property Information
Detached Single Family
Style: Traditional
Property Construction Status: Existing Property
Approx Heated Sq. Ft. Range: 0-999
Year Built: 1958
Financial
Tax Information
Annual City Tax: $317
Annual County Tax: $408
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 Sam Cooper Blvd from Princeton Rd 2 min (0.7 mi) Take I-240 W to US-61 S/S 3rd St. Take exit 7 from I-55 N 17 min (17.0 mi) Drive to Neely Rd
MAAR Subdivision Name: HOLMES RD 1ST ADD
Public facts
Beds: 2
Baths: 1.0
Sq. Ft.: 975
Stories: 1.0
Lot Size: 10,599 square feet
Style: Single Family Residential
Year Built: 1958
Year Renovated: 1989
County: Shelby County
APN: 076128 00014
Home facts updated by county records on Oct 22, 2026
Around this home
Schools
Geeter School
Public PreK-8 • Assigned • 1.1mi
4/10
Fairley High School
Charter 9-12 • Assigned • 0.4mi
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
87
67
75
58
65
49
54
39
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
99/ 100
Exceptional sunlight
Sunscore
This home ranks in the top 2% for direct sun exposure in Memphis. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
10.9 hrs
7.2 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$98,000 – $118,000
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