For sale

Price cut: $5K (8/17)

$124,900

4848 Neely Rd, Memphis, TN 38109

3beds

1,142sqft

$887/mo

Get pre-qualified

Single Family Residence

Built in 1966

7,405 Square Feet Lot

$121,200 Zestimate^®

$109/sqft

$-- HOA

What's special

Great Occupied investment Opportunity! This property is currently occupied by a tenant who is paying $1,275 per month and is on a lease from 12/01/2020 - 06/30/2027. There is professional property management in place with Reedy and Company. No wholesale or creative financing offers. No showings without an accepted offer.

56 days
118
4

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2
Full bathrooms: 1
1/2 bathrooms: 1

Primary bedroom

Dimensions: 0 x 0

Dining room

Dimensions: 0 x 0

Kitchen

Features: Updated/Renovated Kitchen

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: Wood Laminate Floors
Has fireplace: No

Interior area

Total interior livable area: 1,142 sqft

Property

Parking

Total spaces: 1
Parking features: Driveway/Pad
Covered spaces: 1
Has uncovered spaces: Yes

Features

Stories: 1
Pool features: None

Lot

Size: 7,405 Square Feet
Dimensions: 65 x 120
Features: Level

Details

Parcel number: 076095 00034

Construction

Type & style

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

Materials

Brick Veneer
Foundation: Slab
Roof: Composition Shingles

Condition

New construction: No
Year built: 1966

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Community

Security: Wrought Iron Security Drs
Subdivision: Smith Turley

Location

Region: Memphis

Financial & listing details

Price per square foot: $109/sqft
Tax assessed value: $131,700
Annual tax amount: $1,736
Price range: $124.9K - $124.9K
Date on market: 7/9/2026
Cumulative days on market: 56 days

Estimated market value

$121,200

$115,000 - $127,000

$1,211/mo

Price history

Date	Event	Price
8/17/2026	Price change	$124,900-3.8%$109/sqft
Source: MAAR #10225687 Report a problem
7/9/2026	Listed for sale	$129,900+44.5%$114/sqft
Source: MAAR #10225687 Report a problem
11/17/2020	Sold	$89,900$79/sqft
Source: MAAR #10085629 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$1,735 +19.1%	$32,925 +48.8%
2024	$1,457 +8.1%	$22,125
2023	$1,348	$22,125
2022	--	$22,125
2021	--	$22,125 +67.3%
2020	$423	$13,225
2019	$423 -21.1%	$13,225
2018	$536 -45.1%	$13,225
2017	$976 +123.9%	$13,225 +3.1%
2016	$436 -24.1%	$12,825
2014	$575	$12,825
2013	--	$12,825 -28.8%
2012	--	$18,025
2011	--	$18,025
2010	--	$18,025
2009	--	$18,025 +15.9%
2008	--	$15,550
2007	--	$15,550
2006	--	$15,550
2005	--	$15,550 +10.1%
2004	--	$14,125
2003	--	$14,125
2002	--	$14,125
2001	--	$14,125 +8.2%
2000	--	$13,050