TURNKEY INVESTMENT OPPORTUNITY! This tenant-occupied 4-bedroom, 2-bath home is currently rented for $1,500/ month through 08/16/2028, providing immediate rental income with an established tenant already in place. The home offers a functional floor plan and convenient parking, making it a solid addition to an investment portfolio. Whether you’re an experienced investor looking to grow your portfolio or purchasing your first rental property, this income-producing home offers an attractive opportunity at an affordable price point. Please do not disturb the tenant. No showings without an accepted offer. Financials available upon request. No wholesalers, assignments, or creative financing! PROFESSIONALLY MANAGED IN-HOUSE Owner/Agent
Single-familyProperty Type
1970Year Built
0.75 acresLot Size
2 spacesParking
Listed by James Wachob• Foundation Property Management
Nonconnah, located between I-240 and the Nonconnah Creek Greenbelt, is a residential and industrial Memphis neighborhood with rail corridors and wide arterial roads. The neighborhood’s energy concentrates around the busy junction of Getwell Road and American Way, where auto shops, taquerias, and warehouse storefronts line the drive. Local pillars include the Memphis Botanic Garden, Dixon Gallery & Gardens, and the University of Memphis, each shaping nearby culture and weekend routines. Housing trends toward mid-century ranches and practical brick builds set back on generous lots. Greenway segments and creek-side paths add a quieter counterpoint to the freight-and-traffic soundtrack. Daily life reads as utilitarian, with pockets of shade and parkland breaking up the commercial grid.
Provided by Walk Score and Local Logic
Offer insights
964 Winchester Rd · $179,900
$180K and above
75% chance or better to win
Why $180K+ is a strong offer
DAYS ON MARKET
14 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
Kitchen
Bathroom
Bedroom
Living
Interior features
One-story layout
One fireplace
Seven total rooms
Updated/renovated kitchen
Bedrooms
Four bedrooms
Bathrooms
Two full bathrooms
Kitchen
Renovated kitchen (details not specified)
Flooring
Vinyl floors
Heating & cooling
Central heating
Central cooling
Exterior features
Porch
Patio
Brick veneer exterior
Level lot
Home design
Detached single-family home
Traditional style
Built in 1970
Parking
Two covered parking spaces
Driveway/pad
Construction
Existing property
Utilities
Central heating and cooling
Other
Approximately 0.75-acre lot
Electricity and solar
View estimated energy costs and solar savings for this home
Memphis Area Association of Realtors(R) MLS #10228582
Aug 17, 2026
Listed
$179,900
BUILDIUM #2
Jul 18, 2026
Rental Removed
$1,500
Apr 16, 2026
Listed for Rent
$1,500
Memphis Area Association of Realtors(R) MLS #1
Apr 2, 2026
Price Changed
$104,900
REALTRACS as Distributed by MLS Grid #3168761
Apr 6, 2026
Listing Removed
—
Mar 31, 2026
Listed
$104,900
Memphis Area Association of Realtors(R) MLS #9815740
Aug 31, 1999
Sold
$25,000
Aug 3, 1998
Listed
$79,900
Year
Property tax
Land + Additions
Assessment*
2025
$1,610 (−4.0%)
$4,600 + $25,950
$30,550
2024
$1,678 (+8.1%)
$4,600 + $25,950
$30,550
2023
$1,552
$3,950 + $21,525
$25,475
2022
$1,552 (−1.2%)
$3,950 + $21,525
$25,475
2021
$1,570 (+17.1%)
$3,950 + $21,525
$25,475
2020
$1,341
$3,950 + $21,525
$25,475
2019
$1,341
$3,950 + $14,550
$18,500
2018
$1,341 (+76.3%)
$3,950 + $14,550
$18,500
2017
$760 (−4.0%)
$3,950 + $14,550
$18,500
2016
$792
$3,950 + $14,550
$18,500
2014
$792
$3,950 + $14,175
$18,125
Public record
Public record
Zoning
Beds
3
Baths
2
Stories
1
Lot width
126 ft.
Lot depth
261 ft.
Lot size
0.72 Acres
Year renovated
—
Finished Sq. Ft.
2,059
Unfinished Sq. Ft.
—
Total Sq. Ft.
2,059
Year built
1954
Style
Single Family Residential
County
Shelby County
APN
077007 00026
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
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
3/10 Fire Factor
0.15% chance of being 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
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
90
72
85
68
77
57
65
49
54
40
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
89/ 100
Very good sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
8.9 hrs
6.1 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 964 Winchester Rd
$175,323
$4,577 under list price of $180K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $45K to $250K.