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For sale
    • $127,900

    5071 Neely Rd, Memphis, TN 38109

    3beds
    1,005sqft
    : 
    Single Family Residence
    Built in 1958
    10,454.4 Square Feet Lot
    $89,800 Zestimate®
    $127/sqft
    $-- HOA

    What's special

    Great Occupied investment Opportunity! This property is currently occupied by a tenant who is paying $995 per month and is on a lease from 08/04/2025 - 08/03/2026. There is professional property management in place with Reedy and Company. No wholesale or creative financing offers. No showings without an accepted offer.
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    Zillow last checked: 7 hours ago

    Listing updated: March 25, 2026 at 02:18pm

    Listed by:

    Alex Evans,

    Reedy & Company, REALTORS 901-842-0805

    Source: MAAR,MLS#: 10217637MLS Logo

    Tour with a local agent

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 1
      • Full bathrooms: 1
      Primary bedroom
      • Dimensions: 0 x 0
      Dining room
      • Dimensions: 0 x 0
      Kitchen
      • Features: Updated/Renovated Kitchen
      Living room
      • Features: LR/DR Combination
      • 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, Tile
      • Basement: Crawl Space
      • Has fireplace: No
      Interior area
      • Total interior livable area: 1,005 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: 10,454.4 Square Feet
      • Dimensions: 78 x 136
      • Features: Level
      Details
      • Parcel number: 076128 00014

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Traditional
      • Property subtype: Single Family Residence
      Materials
      • Brick Veneer
      • Roof: Composition Shingles
      Condition
      • New construction: No
      • Year built: 1958

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Security: Wrought Iron Security Drs
      • Subdivision: Holmes Rd 1st Addn
      Location
      • Region: Memphis

      Financial & listing details

      • Price per square foot: $127/sqft
      • Tax assessed value: $113,000
      • Annual tax amount: $1,489
      • Price range: $127.9K - $127.9K
      • Date on market: 3/25/2026
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        Estimated market value

        $89,800

        $75,000 - $103,000

        $891/mo

        Price history

        Price history
        DateEventPrice
        3/25/2026Listed for sale$127,900+82.7%$127/sqft
        Source: MAAR #10217637 Report a problem
        7/15/2025Listing removed$1,035$1/sqft
        Source: Zillow Rentals Report a problem
        7/3/2025Listed for rent$1,035+44.8%$1/sqft
        Source: Zillow Rentals Report a problem
        4/24/2019Sold$70,000+174.5%$70/sqft
        Source: MAAR #10049414 Report a problem
        3/20/2019Listing removed$715$1/sqft
        Source: Reedy & Company Report a problem
        3/14/2019Listed for rent$715+19.2%$1/sqft
        Source: Reedy & Company Report a problem
        2/21/2019Sold$25,500$25/sqft
        Source: Public Record Report a problem
        1/10/2019Listing removed$600$1/sqft
        Source: DCC Rentals LLC Report a problem
        11/2/2018Listed for rent$600$1/sqft
        Source: DCC Rentals LLC Report a problem
        7/11/2018Listing removed$600$1/sqft
        Source: DCC Rentals LLC Report a problem
        6/19/2018Price change$600-20%$1/sqft
        Source: DCC Rentals LLC Report a problem
        5/26/2018Listed for rent$750$1/sqft
        Source: DCC Rentals LLC Report a problem

        Public tax history

        Public tax history
        YearProperty taxesTax assessment
        2025$1,489 +21.7%$28,250 +52.1%
        2024$1,223 +8.1%$18,575
        2023$1,132 $18,575
        2022-- $18,575
        2021-- $18,575 +91.5%
        2020$310 $9,700
        2019$310 -21.1%$9,700
        2018$393 -45.1%$9,700
        2017$716 +125.8%$9,700 +4%
        2016$317 -17.7%$9,325
        2014$385 $9,325
        2013-- $9,325 -22.8%
        2012-- $12,075
        2011-- $12,075
        2010-- $12,075
        2009-- $12,075 -12.8%
        2008-- $13,850
        2007-- $13,850
        2006-- $13,850
        2005-- $13,850 +5.3%
        2004-- $13,150
        2003-- $13,150
        2002-- $13,150
        2001-- $13,150 +16.9%
        2000-- $11,250

        Find assessor info on the county website

        BuyAbility℠ payment

        Est. payment
        $736/mo
        Principal & interest
        $634
        Property taxes
        $102
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          Climate risks

          Neighborhood: White Haven-Coro Lake

          Getting around

          13 / 100
          Car-Dependent
          20 / 100
          Minimal Transit
          35 / 100
          Somewhat Bikeable

          Nearby schools

          GreatSchools rating

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