Turnkey investment opportunity! Tenant-occupied property generating $1,100/month in steady rental income. Ideal for investors seeking immediate cash flow with minimal upfront work. Tenant in place—please do not disturb. Showings available with an accepted offer only. Great addition to a rental portfolio in a strong rental area. Property being sold as-is. Proof of funds or pre-approval required with offer.
For sale
$135,000
2986 Meadowfair Rd, Memphis, TN 38118
3beds
1,388sqft
Est.:
Single Family Residence
Built in 1974
7,500 Square Feet Lot
$132,500 Zestimate®
$97/sqft
$-- HOA
What's special
- 7 days |
- 228 |
- 4 |
Zillow last checked: 8 hours ago
Listing updated: January 09, 2026 at 10:48am
Listed by:
Candace V Chalmers,
The Home Partners Realty 901-305-6047
Source: MAAR,MLS#: 10212520
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Primary bedroom
- Area: 195
- Dimensions: 13 x 15
Bedroom 2
- Area: 108
- Dimensions: 9 x 12
Bedroom 3
- Area: 100
- Dimensions: 10 x 10
Dining room
- Dimensions: 0 x 0
Kitchen
- Area: 190
- Dimensions: 10 x 19
Living room
- Features: Separate Living Room, Great Room
- Area: 192
- Dimensions: 12 x 16
Den
- Area: 95
- Dimensions: 5 x 19
Heating
- Central
Cooling
- Central Air
Features
- All Bedrooms Down, Square Feet Source: AutoFill (MAARdata) or Public Records (Cnty Assessor Site)
- Flooring: Carpet
- Has fireplace: No
Interior area
- Total interior livable area: 1,388 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: 7,500 Square Feet
- Dimensions: 7,500
- Features: Some Trees, Level
Details
- Parcel number: 094401 F00004
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Single Family Residence
Materials
- Brick Veneer, Wood/Composition
Condition
- New construction: No
- Year built: 1974
Community & HOA
Community
- Security: Wrought Iron Security Drs
- Subdivision: Easthaven Sec D
Location
- Region: Memphis
Financial & listing details
- Price per square foot: $97/sqft
- Tax assessed value: $75,000
- Annual tax amount: $1,597
- Price range: $135K - $135K
- Date on market: 1/9/2026
Estimated market value
$132,500
$126,000 - $139,000
$1,345/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 1/9/2026 | Listed for sale | $135,000+84.9%$97/sqft |
Source:  MAAR #10212520 Report a problem | ||
| 4/24/2022 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 4/15/2022 | Listed for rent | $1,075+38.7%$1/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 10/7/2018 | Listing removed | $775$1/sqft |
Source: Renshaw Property Management Report a problem | ||
| 9/19/2018 | Price change | $775-2.5%$1/sqft |
Source: Renshaw Property Management Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $1,235 +8.1% | $18,750 |
| 2023 | $1,142 | $18,750 |
| 2022 | -- | $18,750 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$794/mo
Principal & interest
$639
Property taxes
$108
Home insurance
$47
Climate risks
Neighborhood: Parkway Village-Oakhaven
Nearby schools
GreatSchools rating
- 4/10Ross Elementary SchoolGrades: PK-5Distance: 7.2 mi
- 4/10Oakhaven Middle SchoolGrades: 6-8Distance: 2.3 mi
- 5/10Oakhaven High SchoolGrades: 9-12Distance: 2.3 mi
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