For sale

Price cut: $500 (3/24)

$229,500

566 Read St, Memphis, TN 38122

4beds

1,549sqft

Est.:

Single Family Residence

Built in 1951

6,969.6 Square Feet Lot

$228,000 Zestimate^®

$148/sqft

$-- HOA

What's special

Gorgeous hardwood floorsPrivate street

Special/versatile home alert! Welcome to this updated 4-bedroom, 2-bath home tucked away on a private street right by the Greenline entrance. A renovated kitchen and clean, refreshed bathrooms make this home a winner. All new windows! All appliances stay! The back addition is a STANDOUT, which can easily function as part of the main home for lots of extra living space, or be separated for added privacy. With its own exterior entrance, bathroom, extra sink, and additional refrigerator, this space opens the door to a variety of living arrangements ideal for multigenerational living, hosting guests, roommates, or generating rental income. The previous owner successfully Airbnb’d this portion of the home to cover the entire mortgage payment. Whether you're looking for room to grow, space to share, or a smart investment opportunity, this home is one to explore! Previous buyer could not close.

104 days

627

38

Tour with a local agent

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 2
Full bathrooms: 2

Primary bedroom

Features: Vaulted/Coffered Ceiling
Level: Basement
Area: 143
Dimensions: 13 x 11

Bedroom 2

Features: Hardwood Floor
Level: First
Area: 99
Dimensions: 9 x 11

Bedroom 3

Features: Hardwood Floor
Level: First
Area: 99
Dimensions: 9 x 11

Bedroom 4

Features: Hardwood Floor
Level: First

Dining room

Area: 88
Dimensions: 8 x 11

Kitchen

Features: Updated/Renovated Kitchen

Living room

Features: LR/DR Combination
Area: 208
Dimensions: 16 x 13

Den

Width: 0

Heating

Central

Cooling

Central Air

Appliances

Included: Dishwasher, Dryer, Range/Oven, Refrigerator, Washer

Features

1 or More BR Down, Renovated Bathroom, Split Bedroom Plan, 1 Bath, 2nd Bedroom, 3rd Bedroom, 4th of More Bedrooms, Dining Room, Kitchen, Living Room, In-Law Floorplan, Square Feet Source: Appraisal
Flooring: Part Hardwood, Wood Laminate Floors
Basement: Crawl Space
Has fireplace: No

Interior area

Total interior livable area: 1,549 sqft

Property

Parking

Parking features: Driveway/Pad
Has uncovered spaces: Yes

Features

Levels: Multi/Split
Stories: 1
Patio & porch: Porch
Pool features: None
Fencing: Wood

Lot

Size: 6,969.6 Square Feet
Dimensions: 58 x 123
Features: Level, Some Trees

Details

Additional structures: Storage
Parcel number: 054041 00027

Construction

Type & style

Home type: SingleFamily
Property subtype: Single Family Residence

Materials

Brick Veneer, Vinyl Siding
Roof: Composition Shingles

Condition

New construction: No
Year built: 1951

Community & HOA

Community

Subdivision: Gram Park First Addn

Location

Region: Memphis

Financial & listing details

Price per square foot: $148/sqft
Tax assessed value: $194,000
Annual tax amount: $2,557
Price range: $229.5K - $229.5K
Date on market: 12/19/2025
Cumulative days on market: 66 days
Listing terms: Conventional,FHA,VA Loan

Estimated market value

$228,000

$217,000 - $239,000

$1,404/mo

Price history

Date	Event	Price
3/24/2026	Price change	$229,500-0.2%$148/sqft
Source: MAAR #10211543 Report a problem
3/3/2026	Listed for sale	$230,000$148/sqft
Source: MAAR #10211543 Report a problem
1/24/2026	Pending sale	$230,000$148/sqft
Source: MAAR #10211543 Report a problem
12/19/2025	Listed for sale	$230,000+17.6%$148/sqft
Source: MAAR #10211543 Report a problem
4/26/2022	Sold	$195,500+7.4%$126/sqft
Source: MAAR #10120123 Report a problem
3/27/2022	Contingent	$182,000$117/sqft
Source: MAAR #10120123 Report a problem
3/23/2022	Listed for sale	$182,000+133.3%$117/sqft
Source: MAAR #10120123 Report a problem
9/21/2018	Sold	$78,000+4%$50/sqft
Source: MAAR #10033395 Report a problem
8/24/2018	Price change	$75,000+3.4%$48/sqft
Source: Keller Williams Realty Memphis Central #10033395 Report a problem
8/3/2018	Listed for sale	$72,500+3.7%$47/sqft
Source: Keller Williams Realty Memphis Central #10033395 Report a problem
4/29/2017	Listing removed	$69,900$45/sqft
Source: Crye-Leike, Inc., Realtors #9989598 Report a problem
2/8/2017	Listed for sale	$69,900$45/sqft
Source: Crye-Leike, Inc., Realtors #9989598 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$2,556 +30.5%	$48,500 +63%
2024	$1,959 +8.1%	$29,750
2023	$1,812	$29,750 +36%
2022	--	$21,875
2021	--	$21,875 +32.6%
2020	$527	$16,500
2019	$527 -21.1%	$16,500
2018	$668 -45.1%	$16,500
2017	$1,218 +117.1%	$16,500
2016	$561 -20%	$16,500
2014	$702	$16,500
2013	--	$16,500 -25%
2012	--	$22,000
2011	--	$22,000
2010	--	$22,000
2009	--	$22,000 +13.1%
2008	--	$19,450
2007	--	$19,450
2006	--	$19,450
2005	--	$19,450 +13.4%
2004	--	$17,150
2003	--	$17,150
2002	--	$17,150
2001	--	$17,150 +10.8%
2000	--	$15,475