Investors only. Excellent addition to your portfolio. Professionally managed, cash flowing, tenant occupied home. Rents for $975/mo. Tenant moved in in May 2021. Seller will accept an offer with financing contingencies as well. DO NOT APPROACH OR DISTURB TENANT NO SHOWINGS WITHOUT AN ACCEPTED OFFER.
Memphis Area Association of Realtors(R) MLS #10099140
Jun 11, 2021
Sold
$93,000
$85/sq ft
May 13, 2021
Listed
$95,000
$87/sq ft
+19
Investors only. Excellent addition to your portfolio. Professionally managed, cash flowing, tenant occupied home. Rents for $975/mo. Tenant moved in in May 2021. Seller will accept an offer with financing contingencies as well. DO NOT APPROACH OR DISTURB TENANT NO SHOWINGS WITHOUT AN ACCEPTED OFFER.
Public Records
Feb 21, 2020
Sold
$91,800
$84/sq ft
Memphis Area Association of Realtors(R) MLS #10069401
Feb 20, 2020
Sold
$43,710
$40/sq ft
Jan 15, 2020
Listed
$49,900
$46/sq ft
+3
Selling as is needs some work. Good solid house with covered parking.
Public Records
Sep 2, 2015
Sold
$356,544
$326/sq ft
Memphis Area Association of Realtors(R) MLS #2632344
Sep 8, 2006
Sold
$45,000
$41/sq ft
Apr 13, 2006
Listed
$49,900
$46/sq ft
Memphis Area Association of Realtors(R) MLS #2576634
Jan 20, 2005
Sold
$61,500
$56/sq ft
Aug 4, 2004
Listed
$60,500
$55/sq ft
Memphis Area Association of Realtors(R) MLS #2536510
May 22, 2003
Sold
$42,500
$39/sq ft
Apr 21, 2003
Listed
$49,900
$46/sq ft
Public Records
Oct 16, 1972
Sold
$23,700
$22/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$1,766 (+57.3%)
$4,000 + $29,500
$33,500
2024
$1,123 (+8.1%)
$4,000 + $29,500
$33,500
2023
$1,039
$3,000 + $14,050
$17,050
2022
$1,039 (−1.2%)
$3,000 + $14,050
$17,050
2021
$1,051 (+31.2%)
$3,000 + $14,050
$17,050
2020
$801
$3,000 + $14,050
$17,050
2019
$801
$3,000 + $8,050
$11,050
2018
$801 (+76.3%)
$3,000 + $8,050
$11,050
2017
$454 (−0.6%)
$3,000 + $8,050
$11,050
2016
$457
$3,000 + $8,050
$11,050
2014
$457
$3,000 + $7,475
$10,475
Tax history for 5589 Lochinvar Ave
Year
Property tax
Land + Additions
Assessment*
2025
$1,766 (+57.3%)
$4,000 + $29,500
$33,500
2024
$1,123 (+8.1%)
$4,000 + $29,500
$33,500
2023
$1,039
$3,000 + $14,050
$17,050
2022
$1,039 (−1.2%)
$3,000 + $14,050
$17,050
2021
$1,051 (+31.2%)
$3,000 + $14,050
$17,050
2020
$801
$3,000 + $14,050
$17,050
2019
$801
$3,000 + $8,050
$11,050
2018
$801 (+76.3%)
$3,000 + $8,050
$11,050
2017
$454 (−0.6%)
$3,000 + $8,050
$11,050
2016
$457
$3,000 + $8,050
$11,050
2014
$457
$3,000 + $7,475
$10,475
*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
75 ft.
Lot depth
135 ft.
Lot size
10,125 Sq. Ft.
Year renovated
1990
Sq. Ft.
1,093
Year built
1959
Style
Single Family Residential
County
Shelby County
APN
079158 00006
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Oct 22, 2026.
R-8
Residential Single-Family-8 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-8 which are differentiated primarily on the basis of minimum lot area and setback requirements. New R-8 districts are generally located at least 1,000 to 1,500 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
Reinstall an electrical meter.
Electrical
Electric meter
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
Parking Total: 0
Parking Features: Parking Pad
Interior
Bedroom Information
# of Bedrooms: 3
Bathroom Information
# of Full Baths (Total): 1
Heating & Cooling
Has Heating
Heating Information: Other
Has Cooling
Cooling Information: Other
Interior Features
Interior Features: Pantry
Flooring: Carpet
Exterior
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: 0.23
Lot Size Units: Acres
Lot Size Acres: 0.23
Lot Size Dimensions: 75X135
Financial
Tax Information
Tax Annual Amount: $800
Location
HOA Information
Association Amenities: Sidewalks
Location Information
Directions: South on Millbranch from Holmes. West on Buxton. South on Lochinvar.
Public facts
Beds: 3
Baths: 1.0
Sq. Ft.: 1,093
Stories: 1.0
Lot Size: 10,125 square feet
Style: Single Family Residential
Year Built: 1959
Year Renovated: 1990
County: Shelby County
APN: 079158 00006
Home facts updated by county records on Oct 22, 2026
Other
Home Information
Living Area: 1093
Living Area Units: Square Feet
Living Area Source: Assessor
Building Area Total: 1093
Building Area Units: Square Feet
Building Area Source: Assessor
Year Built Details: Existing
Levels: Three Or More
Around this home
Schools
K - 12
Preschool & daycare
Holmes Road Elementary School
Public PreK-5 • Assigned • 1.3mi
4/10
Havenview Middle School
Public 6-8 • Assigned • 1.0mi
4/10
Whitehaven High School
Public 9-12 • Assigned • 1.6mi
5/10
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
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, 21 days in 30 years
4/10 Wind Factor
20% 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 • 38116
Average low and high temperatures (°F)
47
30
57
38
71
50
77
58
79
63
88
72
92
76
89
72
88
68
75
58
65
49
54
40
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
$130,000 – $157,000
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