Looking for the perfect investment property? Look no further! This charming 3-bedroom, 1-bath home is a lucrative opportunity waiting for savvy investors or someone looking to make it a primary home. Nestled in a highly sought-after area, this property boasts good bones and excellent curb appeal in a great location.
Single-familyProperty Type
1951Year Built
9,583 sq ftLot Size
$124Est. Price/Sq.Ft.
2 spacesParking
Listed by Derek Shaw• Progressive Realty Services
Bought with Kurt Kunzel• Crye-Leike, Inc., REALTORS
Memphis Area Association of Realtors(R) MLS #10167335
Mar 26, 2024
Sold
$164,000
$137/sq ft
Mar 7, 2024
Price Changed
$164,000
$137/sq ft
Mar 6, 2024
Listed
$165,000
$138/sq ft
Memphis Area Association of Realtors(R) MLS #10059860
Sep 24, 2019
Sold
$92,900
$77/sq ft
Aug 16, 2019
Listed
$92,900
$77/sq ft
+8
Great investment opportunity! This CASHFLOW property will be fully renovated and brought to 2019 standards! Target rent = $895 and professional property management is in place! This brick home features Hard surface floors, updated kitchen and bathrooms, newer working HVAC, and much more!
Public Records
Jul 6, 2006
Sold
$55,000
$46/sq ft
Public Records
Jul 6, 1990
Sold
$48,000
$40/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$1,755 (+13.2%)
$3,750 + $29,550
$33,300
2024
$1,551 (+8.1%)
$3,750 + $29,550
$33,300
2023
$1,435
$2,500 + $21,050
$23,550
2022
$1,435 (−1.2%)
$2,500 + $21,050
$23,550
2021
$1,451 (+37.9%)
$2,500 + $21,050
$23,550
2020
$1,052
$2,500 + $21,050
$23,550
2019
$1,052
$2,425 + $12,100
$14,525
2018
$1,052 (+76.3%)
$2,425 + $12,100
$14,525
2017
$597 (−0.5%)
$2,425 + $12,100
$14,525
2016
$600
$2,425 + $12,100
$14,525
2014
$600
$2,425 + $11,325
$13,750
Tax history for 775 Waring Rd
Year
Property tax
Land + Additions
Assessment*
2025
$1,755 (+13.2%)
$3,750 + $29,550
$33,300
2024
$1,551 (+8.1%)
$3,750 + $29,550
$33,300
2023
$1,435
$2,500 + $21,050
$23,550
2022
$1,435 (−1.2%)
$2,500 + $21,050
$23,550
2021
$1,451 (+37.9%)
$2,500 + $21,050
$23,550
2020
$1,052
$2,500 + $21,050
$23,550
2019
$1,052
$2,425 + $12,100
$14,525
2018
$1,052 (+76.3%)
$2,425 + $12,100
$14,525
2017
$597 (−0.5%)
$2,425 + $12,100
$14,525
2016
$600
$2,425 + $12,100
$14,525
2014
$600
$2,425 + $11,325
$13,750
*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
78 ft.
Lot depth
120 ft.
Lot size
10,003 Sq. Ft.
Year renovated
—
Sq. Ft.
1,220
Year built
1951
Style
Single Family Residential
County
Shelby County
APN
054021 00011
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jun 16, 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
Replace the gas package unit located outside of the residential building.
Gas
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
# of Covered Parking Spaces: 2
Parking/Storage: Driveway/Pad
Interior
Bedroom Information
# of Bedrooms (Lower): 3
# of Bedrooms: 3
# of Bedrooms: 3
# of Bedrooms Down: 3
Master Bedroom Dimensions: 11 x 15
Master Bedroom Dimensions: 11 x 15
Primary Bedroom: Hardwood Floor
Bedroom 2 Dimensions: 11 x 13
Bedroom 2 Dimensions: 11 x 13
Bedroom 2 Description: Hardwood Floor
Bedroom 3 Dimensions: 11 x 11
Bedroom 3 Dimensions: 11 x 11
Bedroom 3 Description: Hardwood Floor
Bathroom Information
# of Baths (Full): 1
# of Bathrooms (Full): 1
Interior Features
# of Rooms: 7
# of Stories: 1
Miscellaneous Interior: All Window Treatments
Floors/Ceilings: Tile, Part Hardwood, Wood Laminate Floors
Room Information
Living Room Dimensions: 11 x 18
Dining Room Dimensions: 10 x 11
Den/Great Room Dimensions:
Kitchen Dimensions: 8x12
Dining Room Dimensions: 10x11
Living Room Dimensions: 11x18
Living/Dining/Kitchen: Eat-In Kitchen, Separate Dining Room, Separate Living Room, Washer/Dryer Connections
Den/Great Room Dimensions: 0x0
Additional Bedroom/Bathroom Info: All Bedrooms Down
Exterior
Exterior Features
Pool Description: None
Miscellaneous Exterior: Wrought Iron Security Doors, Porch, On-Site Storage
Exterior/Windows: Brick Veneer
Land Information
Acreage: 0.22
Lot Information
Parcel ID: 054021 00011
Lot #: 43
Lot Size: 78X120
Lot Description: Corner
Area: 752F
Property Information
Detached Single Family
Style: Traditional
Property Construction Status: Existing Property
Approx Heated Sq. Ft. Range: 1200-1399
Year Built: 1951
Financial
Tax Information
Annual City Tax: $636
Annual County Tax: $798
Financing
Buyer Contributions: 0
Utilities
Utility Information
Heating: Central, Gas
Cooling: Central
Location
Multi-Unit Information
Detached Unit Type: General Residential
Attached Unit Type: Ground Level-Single Story
Location Details
Directions: North on Waring from Summer Ave to 775 Waring Rd house at corner of Castle and Waring.
MAAR Subdivision Name: TUTWILER VIEW
Public facts
Beds: 3
Baths: 1.0
Sq. Ft.: 1,220
Stories: 1.0
Lot Size: 10,003 square feet
Style: Single Family Residential
Year Built: 1951
Year Renovated: —
County: Shelby County
APN: 054021 00011
Home facts updated by county records on Jun 16, 2026
Around this home
Schools
Grahamwood Elementary School
Public PreK-5 • Assigned • 0.8mi
7/10
Treadwell Middle School
Public 6-8 • Assigned • 1.6mi
5/10
Kingsbury High School
Public 9-12 • Assigned • 1.0mi
3/10
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
7/10 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
4/10 Air Factor
4 unhealthy days expected this year, 5 days in 30 years
Provided by First Street
Historical weather
Memphis, TN • 38122
Average low and high temperatures (°F)
47
30
57
38
71
50
78
58
79
63
89
72
93
77
90
71
88
68
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 10.5 hours in
June and 4.8 hours in December, placing it above the
U.S. average for solar exposure.
10.5 hrs
4.8 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$142,000 – $171,000
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Property information provided by Memphis Area Association of Realtors(R) MLS when last listed in 2024. This data may not match public records. Learn more.