Solid 2 bedroom, 1 bath investment property in Memphis's Highland Heights area, offered to serious investment buyers. A long-term tenant is currently in place on a month-to-month lease, providing established rental income with the flexibility a month-to-month arrangement offers a new owner going forward. 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: 2 bed / 1 bath Tenant is paying $550/mo Highland Heights area of Memphis Long-term tenant in place, month-to-month No showings prior to accepted offer Cash or conventional financing only — no creative financing
Pending
$59,900
4078 Grey Rd, Memphis, TN 38108
2beds
808sqft
Single Family Residence
Built in 1952
7,380 Square Feet Lot
$-- Zestimate®
$74/sqft
$-- HOA
What's special
- 22 days
- 132
- 12
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Caleb Parr,
Renshaw Company, REALTORS 901-820-4367
Source: MAAR,MLS#: 10230872
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
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: 808 sqft
Property
Parking
- Parking features: Driveway/Pad
- Has uncovered spaces: Yes
Features
- Stories: 1
- Pool features: None
Lot
- Size: 7,380 Square Feet
- Dimensions: 60 x 123
- Features: Level
Details
- Parcel number: 053050 00029
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Single Family Residence
Materials
- Roof: Composition Shingles
Condition
- New construction: No
- Year built: 1952
Community & HOA
Community
- Security: Wrought Iron Security Drs
- Subdivision: Graham Heights A&b
Location
- Region: Memphis
Financial & listing details
- Price per square foot: $74/sqft
- Tax assessed value: $65,900
- Annual tax amount: $868
- Price range: $59.9K - $59.9K
- Date on market: 9/22/2026
- Cumulative days on market: 22 days
Estimated market value
Not available
Estimated sales range
Not available
$945/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/23/2026 | Pending sale | $59,900$74/sqft |
Source: | ||
| 9/22/2026 | Listed for sale | $59,900$74/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $868 +41.8% | $16,475 +77.2% |
| 2024 | $612 +8.1% | $9,300 |
| 2023 | $567 | $9,300 |
| 2022 | -- | $9,300 |
| 2021 | -- | $9,300 +27.8% |
| 2020 | $233 | $7,275 |
| 2019 | $233 -21.1% | $7,275 |
| 2018 | $295 -45.1% | $7,275 |
| 2017 | $537 +89.2% | $7,275 -12.9% |
| 2016 | $284 -11.9% | $8,350 |
| 2014 | $322 | $8,350 |
| 2013 | -- | $8,350 -17.3% |
| 2012 | -- | $10,100 |
| 2011 | -- | $10,100 |
| 2010 | -- | $10,100 |
| 2009 | -- | $10,100 -9% |
| 2008 | -- | $11,100 |
| 2007 | -- | $11,100 |
| 2006 | -- | $11,100 |
| 2005 | -- | $11,100 +8% |
| 2004 | -- | $10,275 |
| 2003 | -- | $10,275 |
| 2002 | -- | $10,275 |
| 2001 | -- | $10,275 +13.2% |
| 2000 | -- | $9,075 |
Find assessor info on the county website
Monthly payment
Est. payment






