Fantastic investment opportunity in the Shelby area. This 3br/1 bath single-family home is in the 38118 area. Cash flowing with a monthly rental amount of $1,100/month. The lease ends on 2/28/2027. No showings without an accepted offer. No wholesaler offers or offers with assignment of contract language will be accepted.
For sale
$114,900
4224 Arrowhead Rd, Memphis, TN 38118
3beds
979sqft
Est.:
Single Family Residence
Built in 1967
6,969.6 Square Feet Lot
$113,500 Zestimate®
$117/sqft
$-- HOA
What's special
- 5 days |
- 125 |
- 5 |
Zillow last checked: 8 hours ago
Listing updated: February 24, 2026 at 01:13pm
Listed by:
Dean Harris,
CrestCore Realty MphsBrokerage 901-385-3119
Source: MAAR,MLS#: 10215308
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
Primary bedroom
- Dimensions: 0 x 0
Dining room
- Dimensions: 0 x 0
Living room
- Dimensions: 0 x 0
Den
- Dimensions: 0 x 0
Heating
- Other (See REMARKS)
Cooling
- Other (See REMARKS)
Features
- Other (See Remarks), Square Feet Source: AutoFill (MAARdata) or Public Records (Cnty Assessor Site)
- Has fireplace: No
Interior area
- Total interior livable area: 979 sqft
Property
Parking
- Total spaces: 1
- Parking features: Other (See REMARKS)
- Covered spaces: 1
Features
- Stories: 1
- Exterior features: Other (See REMARKS)
- Pool features: None
Lot
- Size: 6,969.6 Square Feet
- Dimensions: 60 x 120
- Features: Other (See Remarks)
Details
- Parcel number: 073022 C00012
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Other (See Remarks)
- Property subtype: Single Family Residence
Condition
- New construction: No
- Year built: 1967
Community & HOA
Community
- Subdivision: Colony Park
Location
- Region: Memphis
Financial & listing details
- Price per square foot: $117/sqft
- Tax assessed value: $103,400
- Annual tax amount: $1,362
- Price range: $114.9K - $114.9K
- Date on market: 2/24/2026
Estimated market value
$113,500
$108,000 - $119,000
$1,132/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 2/24/2026 | Listed for sale | $114,900+58.5%$117/sqft |
Source:  MAAR #10215308 Report a problem | ||
| 2/17/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 2/5/2024 | Listed for rent | $1,045$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 1/12/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 1/11/2024 | Listed for rent | $1,045+39.3%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 7/14/2023 | Sold | $72,500+28.4%$74/sqft |
Source: Public Record Report a problem | ||
| 12/6/2018 | Sold | $56,456+121.4%$58/sqft |
Source: Public Record Report a problem | ||
| 5/12/2016 | Listing removed | $750+0.7%$1/sqft |
Source: CrestCore - Property # 198340 Report a problem | ||
| 2/5/2016 | Price change | $745-3.9%$1/sqft |
Source: Reedy and Company Realtors LLC Report a problem | ||
| 12/23/2015 | Price change | $775+3.3%$1/sqft |
Source: Reedy & Company Report a problem | ||
| 12/8/2015 | Price change | $750-3.2%$1/sqft |
Source: Reedy & Company Report a problem | ||
| 11/13/2015 | Listed for rent | $775+19.2%$1/sqft |
Source: Reedy & Company Report a problem | ||
| 10/16/2015 | Sold | $25,500+355.8%$26/sqft |
Source: MAAR #9946904 Report a problem | ||
| 3/24/2015 | Sold | $5,594-88.1%$6/sqft |
Source: Public Record Report a problem | ||
| 2/6/2015 | Listing removed | $650$1/sqft |
Source: Zillow Rental Network Report a problem | ||
| 12/2/2014 | Listed for rent | $650$1/sqft |
Source: Marathon Management, LLC Report a problem | ||
| 10/6/2010 | Sold | $47,000+203.2%$48/sqft |
Source: Public Record Report a problem | ||
| 3/12/2010 | Sold | $15,500-70.8%$16/sqft |
Source: Public Record Report a problem | ||
| 5/16/2009 | Price change | $53,000+6.2%$54/sqft |
Source: First National Realty, Inc. Report a problem | ||
| 4/18/2009 | Listed for sale | $49,900+10.9%$51/sqft |
Source: First National Realty, Inc. Report a problem | ||
| 8/11/2003 | Sold | $45,000+3653.1%$46/sqft |
Source: Public Record Report a problem | ||
| 5/16/2002 | Sold | $1,199$1/sqft |
Source: Public Record Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,363 +19.4% | $25,850 +49.2% |
| 2024 | $1,141 +8.1% | $17,325 |
| 2023 | $1,055 | $17,325 |
| 2022 | -- | $17,325 |
| 2021 | -- | $17,325 +33% |
| 2020 | $416 | $13,025 |
| 2019 | $416 -21.1% | $13,025 |
| 2018 | $528 -45.1% | $13,025 |
| 2017 | $961 +113.8% | $13,025 -1.5% |
| 2016 | $450 -12.8% | $13,225 |
| 2014 | $516 | $13,225 |
| 2013 | -- | $13,225 -18.2% |
| 2012 | -- | $16,175 |
| 2011 | -- | $16,175 |
| 2010 | -- | $16,175 |
| 2009 | -- | $16,175 -1.1% |
| 2008 | -- | $16,350 |
| 2007 | -- | $16,350 |
| 2006 | -- | $16,350 |
| 2005 | -- | $16,350 +10.5% |
| 2004 | -- | $14,800 |
| 2003 | -- | $14,800 |
| 2002 | -- | $14,800 |
| 2001 | -- | $14,800 +6.7% |
| 2000 | -- | $13,875 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$685/mo
Principal & interest
$593
Property taxes
$92
Climate risks
Neighborhood: Parkway Village-Oakhaven
Nearby schools
GreatSchools rating
- 5/10Parkway Village ElementaryGrades: PK-5Distance: 0.4 mi
- 6/10American Way Middle SchoolGrades: 6-8Distance: 0.8 mi
- 4/10Sheffield High SchoolGrades: 9-12Distance: 0.7 mi
Local experts in 38118
