Investor special! This three-bedroom, one-bathroom home sits in a quiet neighborhood and is currently tenant-occupied for long time and cash-flowing making it the perfect addition to any rental portfolio, offered at a discounted price point making it a prime investment opportunity for portfolio expansion. Featuring solid construction and a large yard, this property offers long-term rental potential in an established community. Listed at a discounted rate. No showings until an accepted offer is in place. The property will be conveyed AS IS, where is. Don't miss your chance to secure this high-yield investment opportunity!
For sale
Price cut: $5.1K (11/18)
$124,900
1265 Wedgewood St, Memphis, TN 38111
3beds
1,137sqft
Est.:
Single Family Residence
Built in 1955
7,811 Square Feet Lot
$-- Zestimate®
$110/sqft
$-- HOA
What's special
Large yardQuiet neighborhood
- 123 days |
- 159 |
- 5 |
Zillow last checked: 8 hours ago
Listing updated: November 18, 2025 at 12:22pm
Listed by:
Oksana Piven,
BEST Real Estate Company 901-407-2177
Source: MAAR,MLS#: 10203323
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
Living room
- Features: Separate Living Room
Heating
- Central
Cooling
- Central Air
Features
- All Bedrooms Down, Square Feet Source: AutoFill (MAARdata) or Public Records (Cnty Assessor Site)
- Flooring: Wood Laminate Floors
- Number of fireplaces: 1
Interior area
- Total interior livable area: 1,137 sqft
Property
Parking
- Total spaces: 1
- Parking features: Parking Lot, Storage
- Covered spaces: 1
Features
- Stories: 1
- Patio & porch: Porch
- Pool features: None
Lot
- Size: 7,811 Square Feet
- Dimensions: 7811
- Features: Level, Some Trees
Details
- Parcel number: 058136 00008
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Single Family Residence
Materials
- Aluminum/Steel Siding
Condition
- New construction: No
- Year built: 1955
Community & HOA
Community
- Subdivision: Polo Club Estates
Location
- Region: Memphis
Financial & listing details
- Price per square foot: $110/sqft
- Tax assessed value: $56,700
- Annual tax amount: $932
- Price range: $124.9K - $124.9K
- Date on market: 8/12/2025
- Cumulative days on market: 124 days
Estimated market value
Not available
Estimated sales range
Not available
$1,267/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 11/18/2025 | Price change | $124,900-3.9%$110/sqft |
Source: | ||
| 8/12/2025 | Listed for sale | $130,000+215.2%$114/sqft |
Source: | ||
| 12/30/2015 | Sold | $41,250-32.7%$36/sqft |
Source: Public Record Report a problem | ||
| 10/13/2003 | Sold | $61,250$54/sqft |
Source: Public Record Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $933 +8.1% | $14,175 |
| 2023 | $863 | $14,175 |
| 2022 | -- | $14,175 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$619/mo
Principal & interest
$484
Property taxes
$91
Home insurance
$44
Climate risks
Neighborhood: East Memphis-Colonial-Yorkshire
Nearby schools
GreatSchools rating
- 4/10South Park Elementary SchoolGrades: PK-5Distance: 1 mi
- 6/10Colonial Middle SchoolGrades: 6-8Distance: 1.2 mi
- 3/10Overton High SchoolGrades: 9-12Distance: 1.4 mi
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