Pending

$99,000

3215 Ladbrook Rd, Memphis, TN 38118

3beds

1,285sqft

$703/mo

Get pre-qualified

Single Family Residence

Built in 1961

0.27 Acres Lot

$97,800 Zestimate^®

$77/sqft

$-- HOA

What's special

Located in the heart of Southeast Memphis, this property offers investors an opportunity to acquire an income-producing asset in a well-established residential neighborhood. The area is known for its strong rental demand, affordable housing stock, and convenient access to major transportation routes, employment centers, shopping, and everyday amenities. Positioned just minutes from Winchester Road, Lamar Avenue, I-240, and Memphis International Airport, the property benefits from a location that appeals to long-term tenants seeking affordability and accessibility. The surrounding neighborhood features primarily single-family homes, creating a stable residential environment attractive to families and workforce tenants. No owner financing. Now wholesale deals

29 days
88
6

Likely to sell faster than

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2
Full bathrooms: 2

Primary bedroom

Area: 121
Dimensions: 11 x 11

Bedroom 2

Area: 110
Dimensions: 11 x 10

Bedroom 3

Area: 100
Dimensions: 10 x 10

Dining room

Features: Separate Dining Room
Area: 144
Dimensions: 12 x 12

Living room

Features: Separate Living Room
Area: 168
Dimensions: 14 x 12

Den

Dimensions: 0 x 0

Heating

Other (See REMARKS)

Cooling

Other (See REMARKS)

Features

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

Interior area

Total interior livable area: 1,285 sqft

Property

Parking

Total spaces: 1
Parking features: Driveway/Pad
Covered spaces: 1
Has uncovered spaces: Yes

Features

Stories: 1
Pool features: None
Fencing: Chain Fence

Lot

Size: 0.27 Acres
Dimensions: 94 x 118
Features: Corner Lot

Details

Parcel number: 060213 00007

Construction

Type & style

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

Condition

New construction: No
Year built: 1961

Community & HOA

Community

Security: Wrought Iron Security Drs
Subdivision: Kensington Gardens Blk C

Location

Region: Memphis

Financial & listing details

Price per square foot: $77/sqft
Tax assessed value: $103,100
Annual tax amount: $1,358
Price range: $99K - $99K
Date on market: 8/3/2026
Cumulative days on market: 30 days

Estimated market value

$97,800

$93,000 - $103,000

$1,373/mo

Price history

Date	Event	Price
8/4/2026	Pending sale	$99,000$77/sqft
Source: MAAR #10227503 Report a problem
8/3/2026	Listed for sale	$99,000+100%$77/sqft
Source: MAAR #10227503 Report a problem
9/7/1994	Sold	$49,500$39/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$1,359 +7.6%	$25,775 +34.4%
2024	$1,263 +8.1%	$19,175
2023	$1,168	$19,175
2022	--	$19,175
2021	--	$19,175 +34.3%
2020	$456	$14,275
2019	$456 -21.1%	$14,275
2018	$578 -45.1%	$14,275
2017	$1,054 +129.1%	$14,275 +5.5%
2016	$460 -15.4%	$13,525
2014	$544	$13,525
2013	--	$13,525 -20.7%
2012	--	$17,050
2011	--	$17,050
2010	--	$17,050
2009	--	$17,050 -7.1%
2008	--	$18,350
2007	--	$18,350
2006	--	$18,350
2005	--	$18,350 +10.5%
2004	--	$16,600
2003	--	$16,600
2002	--	$16,600
2001	--	$16,600 +17.5%
2000	--	$14,125