For sale

$114,900

4224 Arrowhead Rd, Memphis, TN 38118

3beds

979sqft

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Single Family Residence

Built in 1967

6,969 Square Feet Lot

$-- Zestimate^®

$117/sqft

$-- HOA

What's special

Fantastic investment opportunity in the Shelby area. This 3br/1 bath single-family home is in the 38118 area. Cash flowing with a monthly rental amount of $1,100/month. The lease ends on 2/28/2027. No showings without an accepted offer. No wholesaler offers or offers with assignment of contract language will be accepted.

104 days

38

1

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Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 1
Full bathrooms: 1

Primary bedroom

Dimensions: 0 x 0

Dining room

Dimensions: 0 x 0

Living room

Dimensions: 0 x 0

Den

Dimensions: 0 x 0

Heating

Other (See REMARKS)

Cooling

Other (See REMARKS)

Features

Other (See Remarks), Square Feet Source: AutoFill (MAARdata) or Public Records (Cnty Assessor Site)
Has fireplace: No

Interior area

Total interior livable area: 979 sqft

Property

Parking

Total spaces: 1
Parking features: Other (See REMARKS)
Covered spaces: 1

Features

Stories: 1
Exterior features: Other (See REMARKS)
Pool features: None

Lot

Size: 6,969 Square Feet
Dimensions: 60 x 120
Features: Other (See Remarks)

Details

Parcel number: 073022 C00012

Construction

Type & style

Home type: SingleFamily
Architectural style: Other (See Remarks)
Property subtype: Single Family Residence

Condition

New construction: No
Year built: 1967

Community & HOA

Community

Subdivision: Colony Park

Location

Region: Memphis

Financial & listing details

Price per square foot: $117/sqft
Tax assessed value: $103,400
Annual tax amount: $1,362
Price range: $114.9K - $114.9K
Date on market: 2/24/2026

Estimated market value

Not available

Estimated sales range

Not available

$1,161/mo

Price history

Date	Event	Price
2/24/2026	Listed for sale	$114,900+58.5%$117/sqft
Source: MAAR #10215308 Report a problem
2/17/2024	Listing removed	--
Source: Zillow Rentals Report a problem
2/5/2024	Listed for rent	$1,045$1/sqft
Source: Zillow Rentals Report a problem
1/12/2024	Listing removed	--
Source: Zillow Rentals Report a problem
1/11/2024	Listed for rent	$1,045+39.3%$1/sqft
Source: Zillow Rentals Report a problem
7/14/2023	Sold	$72,500+28.4%$74/sqft
Source: Public Record Report a problem
12/6/2018	Sold	$56,456+121.4%$58/sqft
Source: Public Record Report a problem
5/12/2016	Listing removed	$750+0.7%$1/sqft
Source: CrestCore - Property # 198340 Report a problem
2/5/2016	Price change	$745-3.9%$1/sqft
Source: Reedy and Company Realtors LLC Report a problem
12/23/2015	Price change	$775+3.3%$1/sqft
Source: Reedy & Company Report a problem
12/8/2015	Price change	$750-3.2%$1/sqft
Source: Reedy & Company Report a problem
11/13/2015	Listed for rent	$775+19.2%$1/sqft
Source: Reedy & Company Report a problem
10/16/2015	Sold	$25,500+355.8%$26/sqft
Source: MAAR #9946904 Report a problem
3/24/2015	Sold	$5,594-88.1%$6/sqft
Source: Public Record Report a problem
2/6/2015	Listing removed	$650$1/sqft
Source: Zillow Rental Network Report a problem
12/2/2014	Listed for rent	$650$1/sqft
Source: Marathon Management, LLC Report a problem
10/6/2010	Sold	$47,000+203.2%$48/sqft
Source: Public Record Report a problem
3/12/2010	Sold	$15,500-70.8%$16/sqft
Source: Public Record Report a problem
5/16/2009	Price change	$53,000+6.2%$54/sqft
Source: First National Realty, Inc. Report a problem
4/18/2009	Listed for sale	$49,900+10.9%$51/sqft
Source: First National Realty, Inc. Report a problem
8/11/2003	Sold	$45,000+3653.1%$46/sqft
Source: Public Record Report a problem
5/16/2002	Sold	$1,199$1/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$1,363 +19.4%	$25,850 +49.2%
2024	$1,141 +8.1%	$17,325
2023	$1,055	$17,325
2022	--	$17,325
2021	--	$17,325 +33%
2020	$416	$13,025
2019	$416 -21.1%	$13,025
2018	$528 -45.1%	$13,025
2017	$961 +113.8%	$13,025 -1.5%
2016	$450 -12.8%	$13,225
2014	$516	$13,225
2013	--	$13,225 -18.2%
2012	--	$16,175
2011	--	$16,175
2010	--	$16,175
2009	--	$16,175 -1.1%
2008	--	$16,350
2007	--	$16,350
2006	--	$16,350
2005	--	$16,350 +10.5%
2004	--	$14,800
2003	--	$14,800
2002	--	$14,800
2001	--	$14,800 +6.7%
2000	--	$13,875

Find assessor info on the county website

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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.

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