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For sale
    • Price cut: $5.1K (8/20)
    $124,900

    194 E Biscayne Rd, Memphis, TN 38109

    4beds
    1,165sqft
    : 
    $886/mo
    Get pre-qualified
    Single Family Residence
    Built in 1956
    0.32 Acres Lot
    $121,100 Zestimate®
    $107/sqft
    $-- HOA

    What's special

    Fully renovatedUpdates are already done
    VA/FHA Approved home! Seller offering rate buy down on DSCR loans for this property and a 1 year everything warranty also 4 bed, 2 bath brick home in Memphis fully renovated, this property is generating income from day one. No rehab costs, no holding costs while you wait on repairs, just collect the rent checks from the property manager! This home is rented at $1195 on an annual Section 8 lease putting your potential gross yield in the 10-12% range at asking price. (do your own due diligence) Solid numbers for a single-family buy and hold. The brick construction means low exterior maintenance and durability that newer vinyl sided homes can't match. Updates are already done, so your capital goes toward acquiring the asset, not fixing it. Memphis continues to attract investors with its low entry prices, strong rental demand, and landlord-friendly Tennessee laws like no rent control, straightforward eviction process, and no state income tax.
    76 days
    152
    15

    Zillow last checked:

    Listing updated:

    Listed by:

    Alissa G Anderson,

    KAIZEN Realty, LLC 901-221-4041

    Source: MAAR,MLS#: 10224807MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 2
      • Full bathrooms: 2
      Primary bedroom
      • Area: 120
      • Dimensions: 10 x 12
      Dining room
      • Area: 100
      • Dimensions: 10 x 10
      Kitchen
      • Features: Eat-in Kitchen
      Living room
      • Area: 144
      • Dimensions: 12 x 12
      Den
      • Width: 0
      Heating
      • Wall Furnace
      Cooling
      • None
      Features
      • 1 or More BR Down, All Bedrooms Down, Full Bath Down, Square Feet Source: AutoFill (MAARdata) or Public Records (Cnty Assessor Site)
      • Flooring: Vinyl
      • Has fireplace: No
      Interior area
      • Total interior livable area: 1,165 sqft

      Property

      Parking
      • Parking features: Driveway/Pad, On Street
      • Has uncovered spaces: Yes
      Features
      • Stories: 1
      • Patio & porch: Porch
      • Pool features: None
      Lot
      • Size: 0.32 Acres
      • Dimensions: 70 x 200
      • Features: Wooded
      Details
      • Parcel number: 050122 00009

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Traditional
      • Property subtype: Single Family Residence
      Materials
      • Brick Veneer
      Condition
      • New construction: No
      • Year built: 1956
      Details
      • Warranty included: Yes

      Community & HOA

      Community
      • Subdivision: Barton Heights 1st Addn
      Location
      • Region: Memphis

      Financial & listing details

      • Price per square foot: $107/sqft
      • Tax assessed value: $59,900
      • Annual tax amount: $789
      • Price range: $124.9K - $124.9K
      • Date on market: 6/26/2026
      • Cumulative days on market: 77 days

        Estimated market value

        $121,100

        $115,000 - $127,000

        $1,260/mo

        Price history

        DateEventPrice
        8/20/2026Price change$124,900-3.9%$107/sqft
        Source: MAAR #10224807 Report a problem
        6/26/2026Listed for sale$130,000+0.4%$112/sqft
        Source: MAAR #10224807 Report a problem
        6/5/2026Listing removed$1,195$1/sqft
        Source: Zillow Rentals Report a problem
        5/20/2026Listing removed$129,500$111/sqft
        Source: MAAR #10221290 Report a problem
        5/11/2026Listed for sale$129,500+3.7%$111/sqft
        Source: MAAR #10221290 Report a problem
        4/16/2026Listing removed$124,900$107/sqft
        Source: MAAR #10215959 Report a problem
        3/17/2026Price change$124,900+98.3%$107/sqft
        Source: MAAR #10215959 Report a problem
        3/14/2026Price change$1,195-20.3%$1/sqft
        Source: Zillow Rentals Report a problem
        3/5/2026Listed for rent$1,500+100%$1/sqft
        Source: Zillow Rentals Report a problem
        7/24/2025Listing removed$63,000$54/sqft
        Source: MAAR #10201268 Report a problem
        7/15/2025Listed for sale$63,000+21.2%$54/sqft
        Source: MAAR #10201268 Report a problem
        4/24/2025Sold$52,000-18.8%$45/sqft
        Source: Public Record Report a problem
        1/29/2025Price change$64,000-6.4%$55/sqft
        Source: MAAR #10187873 Report a problem
        1/27/2025Price change$68,400-0.1%$59/sqft
        Source: MAAR #10187873 Report a problem
        1/24/2025Price change$68,500-0.7%$59/sqft
        Source: MAAR #10187873 Report a problem
        1/23/2025Price change$69,000-0.7%$59/sqft
        Source: MAAR #10187873 Report a problem
        1/18/2025Price change$69,513-2.1%$60/sqft
        Source: MAAR #10187873 Report a problem
        1/10/2025Listed for sale$71,000+4.6%$61/sqft
        Source: MAAR #10187873 Report a problem
        11/19/2024Listing removed$67,900$58/sqft
        Source: BHHS broker feed #10183770 Report a problem
        11/6/2024Price change$67,900-7.6%$58/sqft
        Source: MAAR #10183770 Report a problem
        11/1/2024Price change$73,500-2.9%$63/sqft
        Source: MAAR #10183770 Report a problem
        10/25/2024Price change$75,700-5.4%$65/sqft
        Source: MAAR #10183770 Report a problem
        10/22/2024Listed for sale$80,000+60%$69/sqft
        Source: MAAR #10183770 Report a problem
        10/18/2024Listing removed$750$1/sqft
        Source: Zillow Rentals Report a problem
        6/16/2021Sold$50,000+42.9%$43/sqft
        Source: Public Record Report a problem
        3/24/2016Sold$35,000+100.6%$30/sqft
        Source: Public Record Report a problem
        3/28/2014Sold$17,450$15/sqft
        Source: MAAR #3265187 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$789 +60.3%$14,975 +100.3%
        2024$492 +8.1%$7,475
        2023$455 $7,475
        2022-- $7,475
        2021-- $7,475 -23.9%
        2020$314 $9,825
        2019$314 -21.1%$9,825
        2018$398 -45.1%$9,825
        2017$725 +108.6%$9,825 -3.9%
        2016$348 -17.6%$10,225
        2014$422 $10,225
        2013-- $10,225 -22.7%
        2012-- $13,225
        2011-- $13,225
        2010-- $13,225
        2009-- $13,225 -15.9%
        2008-- $15,725
        2007-- $15,725
        2006-- $15,725
        2005-- $15,725 +70%
        2004-- $9,250
        2003-- $9,250
        2002-- $9,250 -28.3%
        2001-- $12,900 +34.4%
        2000-- $9,600
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        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.
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        Climate risks

        Neighborhood: White Haven-Coro Lake

        Getting around

        26 / 100
        Car-Dependent
        31 / 100
        Some Transit
        31 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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