INVESTOR SPECIAL – ONLY $95,000!
566 Hewlett Rd, Memphis, TN 38109
4 BR / 1 BA | 1,025 SF | 4-Sided Brick | 8,500 SF Lot
ALREADY RENTED AND GENERATING INCOME! Currently rented for $950/month with an established tenant who would LOVE to stay!
NO IMMEDIATE RENOVATIONS NEEDED TO CONTINUE AS A RENTAL! Purchase it and continue collecting rent without taking on a renovation project.
Roof approx. 10 years old (no leaks). HVAC and water heater approx. 6–7 years old. Spacious yard and solid brick construction.
Current lease ends in a month. Opportunity to retain the tenant and increase rent upon renewal, OR... explore Section 8, with a reported 4-bedroom rental benchmark of approximately $1,660/month (subject to approval).
Nearby properties suggest potential equity upside, with selected comps ranging from $130K to $175K.
ALREADY RENTED. FOUR-SIDED BRICK. GREAT INVESTMENT POTENTIAL. ONLY $95,000!
Sold AS-IS. Buyer to verify property details and projections.
TEXT ME FOR DETAILS!
For sale by owner
Price cut: $4.5K (10/15)
$95,000
566 Hewlett Rd, Memphis, TN 38109
4beds
1,025sqft
SingleFamily
Built in 1949
8,500 Square Feet Lot
$-- Zestimate®
$93/sqft
$-- HOA
What's special
Very nice-sized yard
- 23 days
- 1,133
- 83
Listed by:
Property Owner (678) 773-8444
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 1
- Full bathrooms: 1
Heating
- Other
Cooling
- Central
Features
- Basement: None
- Has fireplace: Yes
Interior area
- Total interior livable area: 1,025 sqft
Property
Features
- Exterior features: Brick
Lot
- Size: 8,500 Square Feet
Details
- Parcel number: 07522200014
Construction
Type & style
- Home type: SingleFamily
Materials
- masonry
- Roof: Composition
Condition
- New construction: No
- Year built: 1949
Community & HOA
Location
- Region: Memphis
Financial & listing details
- Price per square foot: $93/sqft
- Tax assessed value: $60,800
- Annual tax amount: $801
- Date on market: 10/7/2026
Estimated market value
Not available
Estimated sales range
Not available
$1,122/mo
Price history
| Date | Event | Price |
|---|---|---|
| 10/15/2026 | Price change | $95,000-4.5%$93/sqft |
Source: Owner Report a problem | ||
| 10/10/2026 | Listed for sale | $99,500-13.5%$97/sqft |
Source: Owner Report a problem | ||
| 11/2/2025 | Listing removed | $115,000+7%$112/sqft |
Source: MLS United #4111488 Report a problem | ||
| 9/11/2025 | Price change | $107,500-2.3%$105/sqft |
Source: | ||
| 7/7/2025 | Price change | $110,000-4.3%$107/sqft |
Source: | ||
| 4/28/2025 | Listed for sale | $115,000+155.6%$112/sqft |
Source: | ||
| 10/31/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 10/17/2023 | Price change | $950-9.5%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 10/5/2023 | Price change | $1,050+5.5%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 10/3/2023 | Listed for rent | $995$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 7/19/2022 | Sold | $45,000$44/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $801 +4.7% | $15,200 +30.8% |
| 2024 | $766 +8.1% | $11,625 |
| 2023 | $708 | $11,625 |
| 2022 | -- | $11,625 |
| 2021 | -- | $11,625 +24.7% |
| 2020 | $298 | $9,325 |
| 2019 | $298 -21.1% | $9,325 |
| 2018 | $378 -45.1% | $9,325 |
| 2017 | $688 +112% | $9,325 -2.4% |
| 2016 | $325 -16.9% | $9,550 |
| 2014 | $391 | $9,550 |
| 2013 | -- | $9,550 -22% |
| 2012 | -- | $12,250 |
| 2011 | -- | $12,250 |
| 2010 | -- | $12,250 |
| 2009 | -- | $12,250 -11.4% |
| 2008 | -- | $13,825 |
| 2007 | -- | $13,825 |
| 2006 | -- | $13,825 |
| 2005 | -- | $13,825 +21.8% |
| 2004 | -- | $11,350 |
| 2003 | -- | $11,350 |
| 2002 | -- | $11,350 |
| 2001 | -- | $11,350 +54.9% |
| 2000 | -- | $7,325 |
Find assessor info on the county website
Monthly payment
Est. payment




