Incredible and Rare investment opportunity! Belle Meade duplex in the heart of East Memphis.Both units with Great living spaces, updates, nice size back yards, and a 2 car attached carport. Wonderful long term tenants.These properties have no problem renting!4563 with 2BR/2BA and freshly updated kitchen and baths.4565 Aldersgate occupied with great long term tenant and 3BR/2 full baths. You Can't beat the location in the White Station School District and minutes from Memphis's best private schools; this home is a rare find in a prime location.The perfect opportunity for living in Belle Meade with income stream!Owners have taken great care of property.
Sold for $500,000 on 11/14/25
$500,000
4563 Aldersgate Rd, Memphis, TN 38117
5beds
3,913sqft
Duplex
Built in 1960
-- sqft lot
$498,000 Zestimate®
$128/sqft
$1,755 Estimated rent
Home value
$498,000
$473,000 - $528,000
$1,755/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: November 20, 2025 at 09:49am
Listed by:
Conlee Stringfellow,
Ware Jones, REALTORS
Bought with:
Cecilia Fernandez
The Home Partners Realty
Source: MAAR,MLS#: 10205381
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Refrigerator, Range/Oven (Built-In), Disposal, Dishwasher, Gas Water Heater
Features
- Smooth Ceiling, Walk-In Closet(s), Separate Living Room, Separate Dining Room, Separate Den, Dining Area, Square Feet Source:Appraisal
- Flooring: Hardwood, Tile
- Windows: Window Treatments
- Attic: Pull Down Stairs
- Has fireplace: No
Interior area
- Total interior livable area: 3,913 sqft
Property
Parking
- Total spaces: 4
- Parking features: Driveway/Pad, Other (See REMARKS)
- Covered spaces: 4
- Has uncovered spaces: Yes
Features
- Stories: 1
- Patio & porch: Patio
- Pool features: None
- Fencing: Wood
Lot
- Size: 0.51 Acres
- Dimensions: 110 x 200
- Features: Professionally Landscaped
Details
- Parcel number: 057018 00005
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subtype: Duplex
Materials
- Brick Veneer
- Roof: Composition Shingles
Condition
- Year built: 1960
Community & neighborhood
Location
- Region: Memphis
- Subdivision: Laurelwood
HOA & financial
Other financial information
- Total actual rent: 3950
Other
Other facts
- Listing terms: Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 11/14/2025 | Sold | $500,000-4.8%$128/sqft |
Source:  MAAR #10205381 Report a problem | ||
| 10/28/2025 | Pending sale | $525,000$134/sqft |
Source: MAAR #10205381 Report a problem | ||
| 9/10/2025 | Listed for sale | $525,000+75%$134/sqft |
Source: MAAR #10205381 Report a problem | ||
| 4/2/2023 | Listing removed | -- |
Source: MAAR #10140457 Report a problem | ||
| 2/8/2023 | Price change | $2,150-6.5%$1/sqft |
Source: MAAR #10140457 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $5,734 +8.1% | $87,075 |
| 2023 | $5,304 | $87,075 |
| 2022 | -- | $87,075 |
Find assessor info on the county website
Neighborhood: East Memphis-Colonial-Yorkshire
Nearby schools
GreatSchools rating
- 5/10White Station Elementary SchoolGrades: PK-5Distance: 1.4 mi
- 7/10White Station Middle SchoolGrades: 6-8Distance: 2.1 mi
- 8/10White Station High SchoolGrades: 9-12Distance: 0.4 mi
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Sell for more on Zillow
Get a free Zillow Showcase℠ listing and you could sell for .
$498,000
2% more+ $9,960
With Zillow Showcase(estimated)
$507,960