Cash flowing property for investor looking to add to their portfolio. Home was turnkey in 2022 with new roof, HVAC and HWH. Home is professionally managed and has a long-term tenant who is current. Lease ends October 2026 and tenant currently pays $1337. Do not disrupt tenant and call listing agent for details. Access granted upon accepted offer.
Single-familyProperty Type
1958Year Built
0.44 acresLot Size
1 spaceParking
Listed by Andrew Akins• CB Properties of Memphis, LLC
Haleway, located between Downtown Memphis and Midtown, is a residential and mixed-use Memphis neighborhood with a river-to-rail geography and a patchwork of historic blocks and light-industrial edges. Character concentrates around the South Main Street corridor, where galleries, coffee counters, and small studios cluster under old brick facades and painted signs. The Arcade Restaurant and the National Civil Rights Museum at the Lorraine Motel act as cultural anchors with deep Memphis roots. Side streets shift to porch-front houses and compact apartments, while wider arterials carry a steady hum of traffic. Pocket greenspaces and warehouse conversions shape a walkable, street-level rhythm. Architecture reads as early-20th-century brickwork alongside adaptive-reuse loft buildings.
Provided by Walk Score and Local Logic
Offer insights
875 Enfield Rd · $162,500
$163K and above
75% chance or better to win
Why $163K+ is a strong offer
DAYS ON MARKET
26 days
The average home goes pending in 35 days.
SALE-TO-LIST
96.7%
Most homes are selling 3% below list price.
About offer insights
Property details
Interior
Exterior
Finance
Bathroom
Interior features
One fireplace
Updated/renovated kitchen
Part hardwood floors
Six total rooms
Single-story home
All bedrooms on the main level
Bedrooms
Three bedrooms
Master bedroom about 14 x 18
Bathrooms
Two full bathrooms
Kitchen
Updated/renovated kitchen
Flooring
Part hardwood flooring
Heating & cooling
Central heating
Central air conditioning
Exterior features
Front porch
Brick veneer exterior
Level yard
Home design
Detached single-family home
Traditional style
Built in 1958
Parking
Driveway/pad parking
One covered parking space
Construction
Brick veneer construction
Existing property (est. 1958)
Utilities
Central heating and cooling
Other
Lot approximately 0.44 acre
Electricity and solar
View estimated energy costs and solar savings for this home
Memphis Area Association of Realtors(R) MLS #10227779
Aug 6, 2026
Listed
$162,500
APPFOLIO #1
Oct 26, 2025
Rental Removed
$1,150
Aug 19, 2025
Listed for Rent
$1,150
Memphis Area Association of Realtors(R) MLS #10134274
Sep 23, 2022
Sold
$154,900
Feb 14, 2022
Listed
$154,900
+9
Completely Turnkey 3 bed and 2 bath home in Whitehaven!
Public Records
Mar 5, 2008
Sold
$42,000
Memphis Area Association of Realtors(R) MLS #2662122
Feb 1, 2008
Sold
$25,000
Jan 17, 2007
Listed
$25,000
+2
CORPORATE OWNED HOME, LARGE CORNER LOT. BEING SOLD AS-IS. GREAT OPPORTUNITY FOR AN OWNER OCCUPANT OR INVESTOR. MINOR REPAIRS NEEDED.
Public Records
Dec 13, 1988
Sold
$43,500
Public Records
May 25, 1988
Sold
$36,640
Year
Property tax
Land + Additions
Assessment*
2025
$1,687 (+7.5%)
$3,950 + $28,050
$32,000
2024
$1,569 (+8.1%)
$3,950 + $28,050
$32,000
2023
$1,451 (+55.7%)
$3,025 + $20,800
$23,825
2022
$932 (−1.2%)
$3,025 + $20,800
$23,825
2021
$943 (+6.7%)
$3,025 + $12,275
$15,300
2020
$884
$3,025 + $12,275
$15,300
2019
$884
$3,025 + $9,175
$12,200
2018
$884 (+76.3%)
$3,025 + $9,175
$12,200
2017
$501 (−7.0%)
$3,025 + $9,175
$12,200
2016
$539
$3,025 + $9,175
$12,200
2014
$539
$3,025 + $9,325
$12,350
Public record
Public record
Zoning
Permits
Beds
3
Baths
2
Stories
1
Lot width
100 ft.
Lot depth
195 ft.
Lot size
0.45 Acres
Year renovated
1987
Finished Sq. Ft.
1,210
Unfinished Sq. Ft.
—
Total Sq. Ft.
1,210
Year built
1952
Style
Single Family Residential
County
Shelby County
APN
077056 00001
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 14, 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
Mar 13, 2026 • Final
Residential alteration
Rebuild a portion of a building damaged by fire back to its original design. Perform new framing, plumbing, electrical, heating and air conditioning, and finish work. Demolish and rebuild the carport to its original design with no additional square footage.
Remodel
Jan 9, 2023 • Final
Residential electrical
Electrical
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.
Climate risks
9/10 Flood Factor
Estimated 80%+ chance 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, 20 days in 30 years
4/10 Wind Factor
18% 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
90
72
85
68
77
57
65
49
54
40
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
88/ 100
Very good sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
8.7 hrs
5.6 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 875 Enfield Rd
$160,649
$1,851 under list price of $163K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $113K to $160K.