Calling all investors! Looking for a passive cash flowing investment opportunity? You've found it! Fully renovated in May 2023, updated roof in 2024, renter occupied at 950/month. 12 month lease signed August 2023, managed at 8%. No Showings without agreed contract; renter occupied. Review attached docs for lease, PMA, etc. No Seller financing offers.
Sold for $107,000
$107,000
1190 Elder Rd, Memphis, TN 38109
4beds
1,200sqft
Single Family Residence
Built in 1973
5,662.8 Square Feet Lot
$117,500 Zestimate®
$89/sqft
$1,174 Estimated rent
Home value
$117,500
$112,000 - $123,000
$1,174/mo
Zestimate® history
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Owner options
List your home for rent
$1,174/mo
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Learn more$1,174/mo
Rent Zestimate®
Refinance and save
$538/mo
Est. payment
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See today's rates$538/mo
Est. payment
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List your homeWhat's special
Zillow last checked: 8 hours ago
Listing updated: June 04, 2024 at 11:59am
Listed by:
Allison E Holden,
BHHS McLemore & Co., Realty
Bought with:
Dean Harris
CrestCore Realty MphsBrokerage
Source: MAAR,MLS#: 10156105
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 1
- Full bathrooms: 1
Primary bedroom
- Level: First
- Dimensions: 0 x 0
Bedroom 2
- Level: First
Bedroom 3
- Level: First
Bedroom 4
- Level: First
Dining room
- Dimensions: 0 x 0
Kitchen
- Features: Updated/Renovated Kitchen, Washer/Dryer Connections
Living room
- Features: Separate Living Room
- Dimensions: 0 x 0
Den
- Dimensions: 0 x 0
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Gas Water Heater
Features
- All Bedrooms Down, Renovated Bathroom, Full Bath Down, Textured Ceiling, Living Room, Dining Room, Kitchen, Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 4th of More Bedrooms, 1 Bath
- Flooring: Wood Laminate Floors
- Windows: Aluminum Frames
- Has fireplace: No
Interior area
- Total interior livable area: 1,200 sqft
Property
Parking
- Parking features: Driveway/Pad
- Has uncovered spaces: Yes
Features
- Stories: 1
- Patio & porch: Porch
- Exterior features: Sidewalks
- Pool features: None
- Fencing: Chain Link
Lot
- Size: 5,662 sqft
- Dimensions: 50 x 120
- Features: Level
Details
- Parcel number: 082003 00002
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Single Family Residence
Materials
- Brick Veneer
- Foundation: Slab
- Roof: Composition Shingles
Condition
- New construction: No
- Year built: 1973
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Security
- Security features: Smoke Detector(s), Iron Door(s), Wrought Iron Security Drs
Location
- Region: Memphis
- Subdivision: Mitchell Rd School Sec A
Other
Other facts
- Price range: $107K - $107K
- Listing terms: Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 12/23/2025 | Listing removed | $122,500$102/sqft |
Source:  MAAR #10200519 Report a problem | ||
| 7/3/2025 | Listed for sale | $122,500+14.5%$102/sqft |
Source: MAAR #10200519 Report a problem | ||
| 12/4/2024 | Listing removed | $1,100$1/sqft |
Source: MAAR #10182316 Report a problem | ||
| 12/4/2024 | Price change | $1,100-15.4%$1/sqft |
Source: MAAR #10182316 Report a problem | ||
| 11/14/2024 | Price change | $1,300-16.1%$1/sqft |
Source: MAAR #10182316 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,427 +62.9% | $27,075 +103.6% |
| 2024 | $876 +8.1% | $13,300 |
| 2023 | $810 | $13,300 |
Find assessor info on the county website
Neighborhood: White Haven-Coro Lake
Nearby schools
GreatSchools rating
- 3/10Ford Road Elementary SchoolGrades: PK-5Distance: 1.4 mi
- 4/10Chickasaw Junior High SchoolGrades: 6-8Distance: 1.4 mi
- 3/10Mitchell High SchoolGrades: 9-12Distance: 1.1 mi
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