For sale

$74,500

1556 Cane Rd, Memphis, TN 38106

2beds

1,090sqft

$550/mo

Get pre-qualified

Single Family Residence

Built in 1944

3,640 Square Feet Lot

$-- Zestimate^®

$68/sqft

$-- HOA

What's special

Brick single-family construction

Solid brick home offered as a turnkey investment property. A long-term tenant is currently in place on a month-to-month lease, paying $895/month, delivering immediate cash flow from close with no vacancy or lease-up period. Property will not be shown until an offer is accepted — buyer to underwrite on rent roll and photos, with inspection contingency as needed. Cash or conventional financing only; no creative financing (no seller financing, subject-to, wraps, or lease-options will be considered). Highlights: Brick single-family construction Long-term tenant in place, month-to-month Current rent: $895/month No showings prior to accepted offer Cash or conventional financing only — no creative financing

45 days
82
9

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 2
Full bathrooms: 2

Primary bedroom

Width: 0

Dining room

Width: 0

Living room

Features: Separate Living Room
Width: 0

Den

Width: 0

Heating

Central

Cooling

Central Air

Features

All Bedrooms Down, Square Feet Source: AutoFill (MAARdata) or Public Records (Cnty Assessor Site)
Basement: Crawl Space
Has fireplace: No

Interior area

Total interior livable area: 1,090 sqft

Property

Parking

Parking features: Other (See REMARKS)

Features

Stories: 1
Pool features: None

Lot

Size: 3,640 Square Feet
Dimensions: 40 x 91
Features: Level

Details

Parcel number: 060055 00022

Construction

Type & style

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

Materials

Brick Veneer
Roof: Composition Shingles

Condition

New construction: No
Year built: 1944

Community & HOA

Community

Security: Wrought Iron Security Drs

Location

Region: Memphis

Financial & listing details

Price per square foot: $68/sqft
Tax assessed value: $81,000
Annual tax amount: $1,068
Price range: $74.5K - $74.5K
Date on market: 9/22/2026

Estimated market value

Not available

Estimated sales range

Not available

$1,168/mo

Price history

Date	Event	Price
9/22/2026	Listed for sale	$74,500+101.4%$68/sqft
Source: MAAR #10230873 Report a problem
9/29/2023	Listing removed	--
Source: Zillow Rentals Report a problem
9/20/2023	Price change	$795-11.2%$1/sqft
Source: Zillow Rentals Report a problem
8/9/2023	Price change	$895-5.8%$1/sqft
Source: Zillow Rentals Report a problem
7/21/2023	Listed for rent	$950$1/sqft
Source: Zillow Rentals Report a problem
5/23/2022	Sold	$37,000+1133.3%$34/sqft
Source: Public Record Report a problem
10/30/2014	Sold	$3,000-88.5%$3/sqft
Source: Public Record Report a problem
9/28/2008	Listing removed	$26,000$24/sqft
Source: Listhub #3117608 Report a problem
5/25/2008	Listed for sale	$26,000$24/sqft
Source: Listhub #3117608 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$1,067 -10%	$20,250 +12.5%
2024	$1,185 +8.1%	$18,000
2023	$1,097	$18,000
2022	--	$18,000
2021	--	$18,000 +189.2%
2020	$199	$6,225
2019	$199 -21.1%	$6,225
2018	$252 -45.1%	$6,225
2017	$459 +66.3%	$6,225 -23.4%
2016	$276 -10%	$8,125
2014	$307	$8,125
2013	--	$8,125 -15.6%
2012	--	$9,625
2011	--	$9,625 -37.5%
2010	--	$15,400
2009	--	$15,400 -18.3%
2008	--	$18,840
2007	--	$18,840
2006	--	$18,840
2005	--	$18,840 +18.9%
2004	--	$15,840
2003	--	$15,840
2002	--	$15,840 +60%
2001	--	$9,900 +77.6%
2000	--	$5,575