Here's your chance to own a massive 5-bedroom, 3.5-bath home with a finished attic totaling over 4,000 sq ft in the heart of prestigious East Memphis 38120 — at a below-market price! This is a rare opportunity to get into one of Memphis's most sought-after zip codes where fully updated homes command top dollar, and put your personal stamp on it. Sale is As-is, cash offers preferred.
Single-familyProperty Type
1957Year Built
0.36 acresLot Size
$69Price/Sq.Ft.
2 spacesParking
Listed by Farris Ibrahim• Renshaw Company Realtors
Est. $2,993 per month, based on comparable rentals
Sale and tax history for 5534 Walnut Grove Rd
Sale History
Tax History
Date
Event
Price
REALTRACS as Distributed by MLS Grid #3611462
Oct 4, 2026
Listed
$295,000
$69/sq ft
Oct 2, 2026
Sold
$295,000
$69/sq ft
Memphis Area Association of Realtors(R) MLS #10231602
Oct 2, 2026
Sold
$295,000
$69/sq ft
Oct 2, 2026
Listed
$295,000
$69/sq ft
+35
Here's your chance to own a massive 5-bedroom, 3.5-bath home with a finished attic totaling over 4,000 sq ft in the heart of prestigious East Memphis 38120 — at a below-market price! This is a rare opportunity to get into one of Memphis's most sought-after zip codes where fully updated homes command top dollar, and put your personal stamp on it. Sale is As-is, cash offers preferred.
REALTRACS as Distributed by MLS Grid #3515093
Aug 18, 2026
Listed
$339,900
$79/sq ft
Aug 18, 2026
Listing Removed
—
Memphis Area Association of Realtors(R) MLS #1
Aug 9, 2026
Price Changed
$339,900
$79/sq ft
Aug 5, 2026
Price Changed
$349,900
$81/sq ft
REALTRACS as Distributed by MLS Grid #3305115
Jul 27, 2026
Listing Removed
—
Jul 23, 2026
Listed
$394,999
$92/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$6,372 (−6.8%)
$21,425 + $99,475
$120,900
2024
$6,834 (+8.1%)
$21,425 + $99,475
$120,900
2023
$6,322
$19,450 + $84,325
$103,775
2022
$6,322 (−1.2%)
$19,450 + $84,325
$103,775
2021
$6,396 (+2.2%)
$19,450 + $84,325
$103,775
2020
$6,259
$19,450 + $84,325
$103,775
2019
$6,259
$19,450 + $66,925
$86,375
2018
$6,259 (+76.3%)
$19,450 + $66,925
$86,375
2017
$3,550 (+8.0%)
$19,450 + $66,925
$86,375
2016
$3,286
$19,450 + $66,925
$86,375
2014
$3,286
$18,725 + $56,475
$75,200
Public record
Public record
Zoning
Permits
Beds
4
Baths
3.5
Stories
1.5
Lot width
105 ft.
Lot depth
149 ft.
Lot size
0.36 Acres
Year renovated
—
Sq. Ft.
3,528
Year built
1957
Style
Single Family Residential
County
Shelby County
APN
068046 00018
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Oct 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
Oct 22, 2024 • Final
Residential mechanical
Remove and replace a gas water heater.
Gas
Plumbing
Water heater
Oct 7, 2020 • Final
Residential mechanical
Replace a furnace and coil.
HVAC
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
Covered Spaces: 2
Parking Total: 2
Parking Features: Attached, Parking Pad
Has Carport
Carport Spaces: 2
Interior
Bedroom Information
# of Bedrooms: 5
Bathroom Information
# of Full Baths (Total): 3
# of Half Baths (Total): 1
Fireplace Information
Has Fireplace
# of Fireplaces: 1
Heating & Cooling
Has Heating
Heating Information: Central
Has Cooling
Cooling Information: Central Air
Interior Features
Flooring: Carpet
Exterior
Exterior Features
Patio And Porch Features: Porch
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: 0.36
Lot Size Units: Acres
Lot Size Acres: 0.36
Lot Size Dimensions: 105X149
Financial
Tax Information
Tax Annual Amount: $6,372
Location
Location Information
Directions: Get on TN-385 W in Memphis from Winchester Rd 8 min (3.9 mi) Head toward Crestwyn Dr ? 164 ft Turn right onto Crestwyn Dr ? 344 ft Turn right onto Winchester Rd ? 3.4 mi Slight right to merge onto TN-385 W ? 0.4 mi ? Follow TN-385 W and I-240 E to Wa
Public facts
Beds: 4
Baths: 3.5
Sq. Ft.: 3,528
Stories: 1.5
Lot Size: 0.36 acres
Style: Single Family Residential
Year Built: 1957
Year Renovated: —
County: Shelby County
APN: 068046 00018
Home facts updated by county records on Oct 12, 2026
Other
Home Information
Living Area: 4298
Living Area Units: Square Feet
Living Area Source: Assessor
Building Area Total: 4298
Building Area Units: Square Feet
Building Area Source: Assessor
Year Built Details: Existing
Levels: Three Or More
Around this home
Schools
Richland Elementary School
Public PreK-5 • Assigned • 0.4mi
9/10
White Station Middle School
Public 6-8 • Assigned • 0.6mi
8/10
White Station High School
Public 9-12 • Assigned • 1.9mi
8/10
Provided by GreatSchools
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
19% 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 • 38120
Average low and high temperatures (°F)
47
30
58
38
72
50
78
58
79
63
89
72
93
77
90
71
88
67
78
56
66
49
55
39
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
85/ 100
Very good sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9 hrs
6.2 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$336,000 – $407,000
Sell confidently with a local market expert in Memphis.