Great investment opportunity! This CASHFLOW property will be fully renovated and brought to 2019 standards! Target rent = $725 and professional property management is in place! This brick home features Hard surface floors, updated kitchen and bathrooms, newer working HVAC, and much more!
Single-familyProperty Type
1951Year Built
0.32 acresLot Size
$104Est. Price/Sq.Ft.
Listed by Jim Reedy• Reedy Group II, LLC
Bought with Bradley Reedy• Reedy Group II, LLC
Source:Memphis Area Association of Realtors(R) MLS #10073199
Redfin Estimate
$134,092
$56K since sold in January 2026$1,000 since October
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 78.9% higher than the average sale price ($75K) of 6 comparable homes.
Memphis Area Association of Realtors(R) MLS #10073199
Apr 27, 2020
Sold
$72,500
$56/sq ft
Mar 16, 2020
Listed
$69,900
$54/sq ft
+6
Great investment opportunity! This CASHFLOW property will be fully renovated and brought to 2019 standards! Target rent = $725 and professional property management is in place! This brick home features Hard surface floors, updated kitchen and bathrooms, newer working HVAC, and much more!
Year
Property tax
Land + Additions
Assessment*
2025
$1,380 (−6.8%)
$1,625 + $24,550
$26,175
2024
$1,480 (+8.1%)
$1,625 + $24,550
$26,175
2023
$1,369
$1,275 + $21,200
$22,475
2022
$1,369 (−1.2%)
$1,275 + $21,200
$22,475
2021
$1,385 (+125.6%)
$1,275 + $21,200
$22,475
2020
$614
$1,275 + $21,200
$22,475
2019
$614
$1,275 + $7,200
$8,475
2018
$614 (+76.3%)
$1,275 + $7,200
$8,475
2017
$348 (−21.7%)
$1,275 + $7,200
$8,475
2016
$445
$1,275 + $7,200
$8,475
2014
$445
$1,275 + $8,925
$10,200
Tax history for 837 Carrolton Rd
Year
Property tax
Land + Additions
Assessment*
2025
$1,380 (−6.8%)
$1,625 + $24,550
$26,175
2024
$1,480 (+8.1%)
$1,625 + $24,550
$26,175
2023
$1,369
$1,275 + $21,200
$22,475
2022
$1,369 (−1.2%)
$1,275 + $21,200
$22,475
2021
$1,385 (+125.6%)
$1,275 + $21,200
$22,475
2020
$614
$1,275 + $21,200
$22,475
2019
$614
$1,275 + $7,200
$8,475
2018
$614 (+76.3%)
$1,275 + $7,200
$8,475
2017
$348 (−21.7%)
$1,275 + $7,200
$8,475
2016
$445
$1,275 + $7,200
$8,475
2014
$445
$1,275 + $8,925
$10,200
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Zoning
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
Property details
Interior
Bathroom Information
# of Full Baths: 2
Heating & Cooling
Heating Fuel Type: Gas
Heating Type: Central
Room Information
# of Rooms: 6
Exterior
Exterior Information
Physical Condition: Good
Building Style Type: Traditional
Exterior Wall: Aluminum/Vinyl
Roof Covering Type: Composition Shingle
Roof Shape Type: Gable
Property Information
Subdivision Name: PATRICIA HEIGHTS SEC A
Living Sq. Ft: 1,295
Ground Floor Sq. Ft: 1,295
Building Sq. Ft: 1,295
# of Stories: 1
Stories Type: 1
Legal Description: SS CARROLTON RD
Lot Information
# of Buildings: 1
Land Sq. Ft: 14,000
Legal Lot Number: 16
Municipality Name: MEMPHIS
Acres: 0.3214
Depth Footage: 200
Front Footage: 70
Zoning Code: R-6
County Use Description: SINGLE FAMILY
Financial
Assessor Information
Assessment Year: 2026
Public facts
Beds: 3
Baths: 2.0
Sq. Ft.: 1,295
Stories: 1.0
Lot Size: 0.32 acres
Style: Single Family Residential
Year Built: 1951
Year Renovated: 2005
County: Shelby County
APN: 069047 00003
Home facts updated by county records on Oct 22, 2026
Around this home
Schools
K - 12
Preschool & daycare
Westside Elementary School
Public PreK-5 • Assigned • 0.6mi
4/10
Grandview Heights Middle
Public 6-8 • Assigned • 3.0mi
4/10
Trezevant High School
Public 9-12 • Assigned • 3.3mi
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
6/10 Heat Factor
7 days above 110° expected this year, 21 days in 30 years
4/10 Wind Factor
16% chance of strong winds in next 30 years
3/10 Air Factor
3 unhealthy days expected this year, 4 days in 30 years
Provided by First Street
Historical weather
Memphis, TN • 38127
Average low and high temperatures (°F)
46
29
56
37
70
50
76
58
78
62
87
71
92
76
90
69
87
66
75
57
65
48
53
38
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
$128,000 – $155,000
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