For sale

Price cut: $10K (5/15)

$139,000

1472 E Holmes Rd, Memphis, TN 38116

3beds

1,621sqft

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Single Family Residence

Built in 1960

0.27 Acres Lot

$138,300 Zestimate^®

$86/sqft

$-- HOA

What's special

Investor Opportunity – Turnkey Rental with Long-Term Tenant Located at 1472 E Holmes Rd, Memphis, TN, this income-producing property is a solid addition to any rental portfolio. Currently generating $1,185/month in rent, this home offers immediate cash flow with a reliable tenant in place for over 10 years—a rare and valuable advantage for investors seeking stability. This property minimizes vacancy risk and startup costs, making it ideal for both seasoned investors and those looking to expand their holdings with a proven performer. The long-term occupancy reflects tenant satisfaction and consistent payment history, adding confidence to your investment. Highlights: ?? Steady rental income: $1,185/month ?? Established tenant of 10+ years ?? Turnkey investment – start earning from day one ?? Convenient Memphis location with strong rental demand Whether you're building your portfolio or looking for a dependable, low-maintenance asset, this property checks all the boxes.

48 days

310

7

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Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2
Full bathrooms: 1
1/2 bathrooms: 1

Primary bedroom

Width: 0

Dining room

Features: Separate Dining Room
Width: 0

Living room

Features: Separate Living Room
Width: 0

Den

Width: 0

Heating

Central

Cooling

Central Air

Features

All Bedrooms Down, Primary Down, Full Bath Down, Square Feet Source: AutoFill (MAARdata) or Public Records (Cnty Assessor Site)
Flooring: Part Carpet, Tile, Vinyl
Windows: Aluminum Frames
Number of fireplaces: 1

Interior area

Total interior livable area: 1,621 sqft

Property

Parking

Total spaces: 2
Parking features: Driveway/Pad
Covered spaces: 2
Has uncovered spaces: Yes

Features

Stories: 1
Pool features: None
Fencing: Wood,Wood Fence

Lot

Size: 0.27 Acres
Dimensions: 80 x 150
Features: Some Trees, Level

Details

Parcel number: 079106 00018

Construction

Type & style

Home type: SingleFamily
Architectural style: Traditional
Property subtype: Single Family Residence

Materials

Brick Veneer

Condition

New construction: No
Year built: 1960

Community & HOA

Community

Subdivision: Whitehaven View 2nd Addn Blk A

Location

Region: Memphis

Financial & listing details

Price per square foot: $86/sqft
Tax assessed value: $163,000
Annual tax amount: $2,148
Price range: $139K - $139K
Date on market: 4/20/2026
Cumulative days on market: 49 days

Estimated market value

$138,300

$131,000 - $145,000

$1,508/mo

Price history

Date	Event	Price
5/15/2026	Price change	$139,000-6.7%$86/sqft
Source: MAAR #10219670 Report a problem
4/30/2026	Price change	$149,000-3.9%$92/sqft
Source: MAAR #10219670 Report a problem
4/20/2026	Listed for sale	$155,000+72.4%$96/sqft
Source: MAAR #10219670 Report a problem
10/12/2015	Listing removed	$895$1/sqft
Source: Premier Property Management Report a problem
9/4/2015	Sold	$89,900+164.4%$55/sqft
Source: MAAR #9955582 Report a problem
7/8/2015	Listed for rent	$895$1/sqft
Source: FIRST CHOICE/ PREMIER Report a problem
6/25/2015	Sold	$34,000-41.2%$21/sqft
Source: MAAR #9951338 Report a problem
1/2/2015	Sold	$57,800-3.7%$36/sqft
Source: Public Record Report a problem
12/10/2004	Sold	$60,000-19.4%$37/sqft
Source: Public Record Report a problem
8/25/2004	Sold	$74,400$46/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$2,148 +15.2%	$40,750 +44%
2024	$1,864 +8.1%	$28,300
2023	$1,724	$28,300
2022	--	$28,300
2021	--	$28,300 +27.2%
2020	$711	$22,250
2019	$711 -21.1%	$22,250
2018	$901 -45.1%	$22,250
2017	$1,642 +171.4%	$22,250 +25%
2016	$605 -13.6%	$17,800
2014	$701	$17,800
2013	--	$17,800 -19%
2012	--	$21,975
2011	--	$21,975
2010	--	$21,975
2009	--	$21,975 +1.6%
2008	--	$21,625
2007	--	$21,625
2006	--	$21,625
2005	--	$21,625 +10.5%
2004	--	$19,575
2003	--	$19,575
2002	--	$19,575
2001	--	$19,575 +8.1%
2000	--	$18,100

Find assessor info on the county website

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All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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