Located in the heart of Memphis, just off 385 and within walking distance of shopping, dining, and Lowrance K-8 School, this property is a prime investment opportunity. Tenant-occupied with a solid rental income of $1,900 per month—$900 from the downstairs tenant and $1,000 from the upstairs tenant. Recent upgrades include a new roof, fresh paint, new vinyl flooring, plus a new fridge, washer, and dryer. Seller owns all bedroom sets and will include them with a reasonable offer!
Single-familyProperty Type
2007Year Built
4,356 sq ftLot Size
$32/moHOA Dues
2 spacesParking
Listed by Stephen Mansour• REMAX Experts
Bought with Edina Nuhic• Coldwell Banker Collins-Maury
Est. $1,878 per month, based on comparable rentals
Sale and tax history for 7909 Lowrance Rd
Sale History
Tax History
Date
Event
Price
Memphis Area Association of Realtors(R) MLS #10217114
Apr 13, 2026
Sold
$192,500
Mar 19, 2026
Listed
$210,000
Memphis Area Association of Realtors(R) MLS #10129948
Dec 9, 2022
Sold
$175,000
Oct 17, 2022
Price Changed
$194,900
Jul 29, 2022
Listed
$199,900
+10
Terrific investment opportunity (INVESTORS ONLY). Tenant occupied home. Rent $1025 sec dep $1000. Lease m2m. Prof managed. This would make a great addition to your rental portfolio. Pictures are prior to tenant move in. All information is for general information. Buyer to do their own due diligence. DO NOT APPROACH OR DISTURB THE TENANT. NO SHOWINGS WITHOUT AN ACCEPTED OFFER.
Memphis Area Association of Realtors(R) MLS #3120409
Oct 10, 2007
Sold
$122,900
May 20, 2007
Listed
$122,900
Year
Property tax
Land + Additions
Assessment*
2025
$1,477 (+11.5%)
$9,500 + $45,425
$54,925
2024
$1,325
$9,500 + $45,425
$54,925
2023
$1,325
$6,875 + $32,200
$39,075
2022
$1,325 (−1.7%)
$6,875 + $32,200
$39,075
2021
$1,348 (+4.2%)
$6,875 + $32,200
$39,075
2020
$1,294
$6,875 + $32,200
$39,075
2019
$1,294
$6,875 + $25,075
$31,950
2018
$1,294 (−1.5%)
$6,875 + $25,075
$31,950
2017
$1,313 (+0.4%)
$6,875 + $25,075
$31,950
2016
$1,308
$6,875 + $25,075
$31,950
2014
$1,308
$6,875 + $23,075
$29,950
Public record
Public record
Zoning
Permits
Beds
3
Baths
2.5
Stories
1.5
Lot width
—
Lot depth
—
Lot size
—
Year renovated
—
Sq. Ft.
1,565
Year built
2007
Style
Condo/Co-op
County
Shelby County
APN
D0242I A00002
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 13, 2026.
CA
Conservation Agriculture District
The CA District is intended to conserve agricultural land and undeveloped natural amenities while preventing the encroachment of incompatible land uses on farm land and other undeveloped areas. The types, area and intensity of land uses in this district are designed to encourage and protect agricultural uses and the conservation of undeveloped areas.
Permitted uses
Include but are not limited to:
Equestrian facility
Religious facility
Housing-Senior
Infrastructure
Educational/school
Fire house
Police station
Recreation
Housing-Mobile home park
Park & open space
Oct 19, 2021 • Final
Residential new construction
Construct a new single-family home with a double garage.
New construction
Oct 7, 2020 • Final
Residential electrical
Construct a new residential building.
Electrical
New construction
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: Back-Load Garage
Interior
Bedroom Information
# of Bedrooms (Lower): 1
# of Bedrooms: 3
# of Bedrooms: 3
# of Bedrooms Down: 1
Master Bedroom Dimensions:
Master Bedroom Dimensions:
Primary Bedroom: Full Bath, Hardwood Floor, Level 1
Bedroom 2 Dimensions:
Bedroom 2 Dimensions:
Bedroom 2 Description: Hardwood Floor, Level 2
Bedroom 3 Dimensions:
Bedroom 3 Dimensions:
Bedroom 3 Description: Hardwood Floor, Level 2
Bathroom Information
# of Baths (Full): 2
# of Baths (1/2): 1
# of Bathrooms (Full): 2
# of Bathrooms (1/2): 1
Primary Bath Description: Tile Floor
Interior Features
# of Fireplaces: 1
# of Rooms: 6
# of Stories: 1.5
1st Story Floor Plan: 1 1/2 Bathroom, Dining Room, Kitchen, Living Room, Master Bedroom
2nd Story Floor Plan: 1 Bathroom, 2nd Bedroom, 3rd Bedroom
Property information provided by Memphis Area Association of Realtors(R) MLS when last listed in 2026. This data may not match public records. Learn more.