Investment Property better than the 1% Rule! Well-maintained 3-bedroom, 1-bathroom home currently leased to a reliable long-term tenant at $895/month, with a renewed lease in place through May 2026. The property underwent a full renovation in 2022, and a new water heater was installed in 2024. Professionally managed, with maintenance records and tenant ledger available upon request. Please do not disturb the tenant. No wholesale, seller, or creative financing offers.
For sale
$85,000
4499 Range Line Rd, Memphis, TN 38127
3beds
1,035sqft
Est.:
Single Family Residence
Built in 1960
5,227.2 Square Feet Lot
$-- Zestimate®
$82/sqft
$-- HOA
What's special
- 190 days |
- 79 |
- 5 |
Zillow last checked: 8 hours ago
Listing updated: October 27, 2025 at 07:14am
Listed by:
Jeremy R Veldman,
KAIZEN Realty, LLC 901-221-4041
Source: MAAR,MLS#: 10199286
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
Primary bedroom
- Area: 100
- Dimensions: 10 x 10
Dining room
- Area: 100
- Dimensions: 10 x 10
Kitchen
- Features: Eat-in Kitchen
Living room
- Area: 100
- Dimensions: 10 x 10
Den
- Area: 100
- Dimensions: 10 x 10
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: 1,035 sqft
Property
Parking
- Parking features: Driveway/Pad
- Has uncovered spaces: Yes
Features
- Stories: 1
- Patio & porch: Patio
- Pool features: None
Lot
- Size: 5,227.2 Square Feet
- Dimensions: 50 x 110
- Features: Level
Details
- Parcel number: 071061 00007
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Single Family Residence
Condition
- New construction: No
- Year built: 1960
Community & HOA
Community
- Subdivision: Ridgegrove B
Location
- Region: Memphis
Financial & listing details
- Price per square foot: $82/sqft
- Tax assessed value: $78,000
- Annual tax amount: $1,284
- Price range: $85K - $85K
- Date on market: 6/18/2025
- Cumulative days on market: 191 days
Estimated market value
Not available
Estimated sales range
Not available
$1,129/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 9/16/2025 | Price change | $85,000-5.5%$82/sqft |
Source:  MAAR #10199286 Report a problem | ||
| 8/8/2025 | Price change | $89,900-10%$87/sqft |
Source: MAAR #10199286 Report a problem | ||
| 6/18/2025 | Listed for sale | $99,900+5.2%$97/sqft |
Source: MAAR #10199286 Report a problem | ||
| 4/30/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 3/29/2024 | Price change | $895-3.2%$1/sqft |
Source: Zillow Rentals Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $1,284 +8.1% | $19,500 |
| 2023 | $1,188 | $19,500 +81% |
| 2022 | -- | $10,775 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$422/mo
Principal & interest
$330
Property taxes
$62
Home insurance
$30
Climate risks
Neighborhood: Shelby Forest-Frayser
Nearby schools
GreatSchools rating
- 5/10Hawkins Mill Elementary SchoolGrades: PK-5Distance: 0.6 mi
- 6/10Georgian Hills Junior High SchoolGrades: 6-8Distance: 1.6 mi
- 3/10Trezevant High SchoolGrades: 9-12Distance: 2.2 mi
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