Great Occupied investment Opportunity! This property is currently occupied by a tenant who is paying $1075 per month and is on a lease from 5/14/2025 to 5/13/2027. There is professional property management in place with Reedy and Company. No wholesale or creative financing offers. No showings without an accepted offer.
For sale
$114,999
5142 Fairley Rd, Memphis, TN 38109
3beds
988sqft
Est.:
Single Family Residence
Built in 1957
6,098.4 Square Feet Lot
$109,700 Zestimate®
$116/sqft
$-- HOA
What's special
- 67 days |
- 84 |
- 2 |
Zillow last checked: 8 hours ago
Listing updated: December 16, 2025 at 12:19pm
Listed by:
Alex Evans,
Reedy & Company, REALTORS 901-842-0805
Source: MAAR,MLS#: 10209629
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: Eat-in Kitchen
Living room
- Features: Separate Living Room
- Dimensions: 0 x 0
Den
- Dimensions: 0 x 0
Heating
- Central
Cooling
- Central Air
Features
- All Bedrooms Down, Living Room, Kitchen, Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 1 Bath, Square Feet Source: AutoFill (MAARdata) or Public Records (Cnty Assessor Site)
- Flooring: Wood Laminate Floors, Tile
- Has fireplace: No
Interior area
- Total interior livable area: 988 sqft
Property
Parking
- Total spaces: 1
- Parking features: Driveway/Pad
- Covered spaces: 1
- Has uncovered spaces: Yes
Features
- Stories: 1
- Patio & porch: Patio
- Pool features: None
Lot
- Size: 6,098.4 Square Feet
- Dimensions: 96 x 117
- Features: Level
Details
- Parcel number: 076137 00026
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: 1957
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Security: Wrought Iron Security Drs
- Subdivision: Whitehaven Meadows 3rd Addn
Location
- Region: Memphis
Financial & listing details
- Price per square foot: $116/sqft
- Tax assessed value: $56,400
- Annual tax amount: $929
- Price range: $115K - $115K
- Date on market: 11/13/2025
- Cumulative days on market: 68 days
Estimated market value
$109,700
$104,000 - $115,000
$1,044/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 11/13/2025 | Listed for sale | $114,999-7.2%$116/sqft |
Source:  MAAR #10209629 Report a problem | ||
| 4/4/2025 | Listing removed | $1,115$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 4/1/2025 | Listed for rent | $1,115$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 6/1/2022 | Sold | $123,900$125/sqft |
Source: MAAR #10116854 Report a problem | ||
| 2/2/2022 | Pending sale | $123,900$125/sqft |
Source: MAAR #10116854 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $929 +8.1% | $14,100 |
| 2023 | $859 | $14,100 |
| 2022 | -- | $14,100 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$578/mo
Principal & interest
$446
Property taxes
$92
Home insurance
$40
Climate risks
Neighborhood: White Haven-Coro Lake
Nearby schools
GreatSchools rating
- 4/10Holmes Road Elementary SchoolGrades: PK-5Distance: 1.2 mi
- 7/10John P. Freeman Optional SchoolGrades: K-8Distance: 0.5 mi
- 5/10Freedom Preparatory AcademyGrades: 6-12Distance: 1.3 mi
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