A fantastic opportunity to add an income producing property to your portfolio. Property is leased for $1495/mo until 4/2/27. No showings until accepted offer. DO NOT DISTURB TENANT.
For sale
$149,900
4060 Tessland Rd, Memphis, TN 38128
4beds
2,203sqft
Est.: Get pre-qualified
Single Family Residence
Built in 1955
0.6 Acres Lot
$147,000 Zestimate®
$68/sqft
$-- HOA
What's special
- 25 days |
- 430 |
- 11 |
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Farris B Ibrahim,
Renshaw Company, REALTORS 901-820-4367
Source: MAAR,MLS#: 10221164
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Primary bedroom
- Dimensions: 0 x 0
Dining room
- Dimensions: 0 x 0
Living room
- Features: Separate Living Room
- Dimensions: 0 x 0
Den
- Dimensions: 0 x 0
Heating
- Central
Cooling
- Central Air
Features
- All Bedrooms Down, Square Feet Source: AutoFill (MAARdata) or Public Records (Cnty Assessor Site)
- Flooring: Wood Laminate Floors
- Has fireplace: No
Interior area
- Total interior livable area: 2,203 sqft
Property
Parking
- Parking features: Driveway/Pad
- Has uncovered spaces: Yes
Features
- Stories: 1
- Patio & porch: Porch
- Pool features: None
Lot
- Size: 0.6 Acres
- Dimensions: 104 x 254
- Features: Level
Details
- Parcel number: 090032 00026
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Single Family Residence
Materials
- Brick Veneer
Condition
- New construction: No
- Year built: 1955
Community & HOA
Community
- Subdivision: Tessland Reised Plat
Location
- Region: Memphis
Financial & listing details
- Price per square foot: $68/sqft
- Tax assessed value: $228,700
- Annual tax amount: $3,014
- Price range: $149.9K - $149.9K
- Date on market: 5/9/2026
- Cumulative days on market: 26 days
Estimated market value
$147,000
$140,000 - $154,000
$1,477/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/9/2026 | Listed for sale | $149,900+99.9%$68/sqft |
Source: | ||
| 4/1/2026 | Listing removed | $1,495$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 3/27/2026 | Price change | $1,495-6.6%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 3/13/2026 | Listed for rent | $1,600-5.6%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 2/19/2026 | Listing removed | $1,695$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 12/29/2025 | Listed for rent | $1,695+16.9%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 2/21/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 2/4/2023 | Listed for rent | $1,450$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 12/22/2022 | Sold | $75,000$34/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,014 +116.9% | $57,175 +171% |
| 2024 | $1,390 +8.1% | $21,100 |
| 2023 | $1,285 | $21,100 |
| 2022 | -- | $21,100 |
| 2021 | -- | $21,100 +14.8% |
| 2020 | $587 | $18,375 |
| 2019 | $587 -21.1% | $18,375 |
| 2018 | $744 -45.1% | $18,375 |
| 2017 | $1,356 +131.9% | $18,375 +6.8% |
| 2016 | $585 -11.4% | $17,200 |
| 2014 | $660 | $17,200 |
| 2013 | -- | $17,200 -16.9% |
| 2012 | -- | $20,700 |
| 2011 | -- | $20,700 |
| 2010 | -- | $20,700 |
| 2009 | -- | $20,700 -0.2% |
| 2008 | -- | $20,750 |
| 2007 | -- | $20,750 |
| 2006 | -- | $20,750 |
| 2005 | -- | $20,750 +0.2% |
| 2004 | -- | $20,700 |
| 2003 | -- | $20,700 |
| 2002 | -- | $20,700 |
| 2001 | -- | $20,700 +6.7% |
| 2000 | -- | $19,400 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
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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.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: Raleigh
Nearby schools
GreatSchools rating
- 4/10Egypt Elementary SchoolGrades: PK-5Distance: 0.1 mi
- 4/10Raleigh Egypt High SchoolGrades: 6-12Distance: 0.2 mi
A local agent can set up tours, give advice and negotiate with sellers.
- Tennessee
- Shelby County
- Memphis
- 38128
- Raleigh
- 4060 Tessland Rd
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