Pending

$120,000

4480 Garnett Rd, Memphis, TN 38117

3beds

1,214sqft

$852/mo

Get pre-qualified

Single Family Residence

Built in 1964

8,276 Square Feet Lot

$118,100 Zestimate^®

$99/sqft

$-- HOA

What's special

Investor special in extremely desirable 38117! This well-maintained 3-bedroom, 1-bathroom home offers incredible potential as a rental or a fix-and-flip project. Tenant currently in place through October 31, 2026, paying $1,141 a month (MHA). Situated in one of the area's most sought-after neighborhoods, this property combines steady rental demand with endless upside for future appreciation. Don't miss this rare opportunity to add a solid, income-generating asset to your portfolio! Please do not disturb tenant. No wholesalers, contract assignment or creative offers.

6 days
262
7

Likely to sell faster than

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

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: Part Carpet
Has fireplace: No

Interior area

Total interior livable area: 1,214 sqft

Property

Parking

Parking features: Driveway/Pad
Has uncovered spaces: Yes

Features

Stories: 1
Pool features: None

Lot

Size: 8,276 Square Feet
Dimensions: 60 x 140
Features: Some Trees, Level

Details

Parcel number: 066027 00032

Construction

Type & style

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

Materials

Brick Veneer

Condition

New construction: No
Year built: 1964

Community & HOA

Community

Security: Wrought Iron Security Drs
Subdivision: Parkside Manor Second Addition

Location

Region: Memphis

Financial & listing details

Price per square foot: $99/sqft
Tax assessed value: $142,900
Annual tax amount: $1,883
Price range: $120K - $120K
Date on market: 8/25/2026
Cumulative days on market: 7 days

Estimated market value

$118,100

$112,000 - $124,000

$1,398/mo

Price history

Date	Event	Price
8/30/2026	Pending sale	$120,000$99/sqft
Source: MAAR #10229047 Report a problem
8/25/2026	Listed for sale	$120,000+71.7%$99/sqft
Source: MAAR #10229047 Report a problem
5/3/2018	Sold	$69,900+6.4%$58/sqft
Source: Public Record Report a problem
11/29/1995	Sold	$65,682-8.3%$54/sqft
Source: Public Record Report a problem
3/29/1995	Sold	$71,613$59/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$1,883 -12.4%	$35,725 +9.4%
2024	$2,150 +8.1%	$32,650
2023	$1,989	$32,650
2022	--	$32,650
2021	--	$32,650 +96.4%
2020	$531	$16,625
2019	$531 -21.1%	$16,625
2018	$673 -45.1%	$16,625
2017	$1,227 +104.5%	$16,625 -5.8%
2016	$600 -15.5%	$17,650
2014	$710	$17,650
2013	--	$17,650 -20.8%
2012	--	$22,275
2011	--	$22,275
2010	--	$22,275
2009	--	$22,275 +13.8%
2008	--	$19,575
2007	--	$19,575
2006	--	$19,575
2005	--	$19,575 +13.6%
2004	--	$17,225
2003	--	$17,225
2002	--	$17,225
2001	--	$17,225 +13.5%
2000	--	$15,175