Great investment opportunity! This charming, tenant-occupied home is generating $1,095/mo in rent and is professionally managed by a local property management company. The lease is secured through 2/28/2027, offering stable, long-term cash flow. A great addition to any rental portfolio! No showing without an accepted offer.
Sold for $110,500
$110,500
3651 Allandale Rd, Memphis, TN 38111
2beds
975sqft
Single Family Residence
Built in 1950
9,583.2 Square Feet Lot
$108,200 Zestimate®
$113/sqft
$1,161 Estimated rent
Home value
$108,200
$102,000 - $115,000
$1,161/mo
Zestimate® history
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Owner options
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What's special
Zillow last checked: 8 hours ago
Listing updated: June 16, 2025 at 11:47am
Listed by:
James C Wachob,
Foundation Property Management
Bought with:
Dean Harris
CrestCore Realty MphsBrokerage
Source: MAAR,MLS#: 10196671
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Primary bedroom
- Dimensions: 0 x 0
Dining room
- Features: Separate Dining Room
- Dimensions: 0 x 0
Living room
- Dimensions: 0 x 0
Den
- Dimensions: 0 x 0
Heating
- Central
Cooling
- Central Air
Features
- All Bedrooms Down
- Flooring: Part Carpet
- Has fireplace: No
Interior area
- Total interior livable area: 975 sqft
Property
Parking
- Total spaces: 1
- Parking features: Driveway/Pad
- Covered spaces: 1
- Has uncovered spaces: Yes
Features
- Stories: 1
- Patio & porch: Porch
- Pool features: None
Lot
- Size: 9,583 sqft
- Dimensions: 78 x 124
- Features: Level
Details
- Parcel number: 058045 00024
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Single Family Residence
Materials
- Wood/Composition
Condition
- New construction: No
- Year built: 1950
Community & neighborhood
Location
- Region: Memphis
- Subdivision: Wilshire
Other
Other facts
- Price range: $110.5K - $110.5K
Price history
| Date | Event | Price |
|---|---|---|
| 6/13/2025 | Sold | $110,500-3.9%$113/sqft |
Source:  MAAR #10196671 Report a problem | ||
| 6/4/2025 | Pending sale | $115,000$118/sqft |
Source: MAAR #10196671 Report a problem | ||
| 5/14/2025 | Listed for sale | $115,000$118/sqft |
Source: MAAR #10196671 Report a problem | ||
| 3/31/2021 | Sold | $115,000+283.3%$118/sqft |
Source: Public Record Report a problem | ||
| 1/19/2021 | Sold | $30,000-33.3%$31/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $1,521 +8.1% | $23,100 |
| 2023 | $1,407 | $23,100 |
| 2022 | -- | $23,100 +55% |
Find assessor info on the county website
Neighborhood: East Memphis-Colonial-Yorkshire
Nearby schools
GreatSchools rating
- 4/10Sherwood Elementary SchoolGrades: PK-5Distance: 0.3 mi
- 5/10Sherwood Middle SchoolGrades: 6-8Distance: 0.4 mi
- 3/10Melrose High SchoolGrades: 9-12Distance: 1.5 mi
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