3530 Wilshire Ave, Memphis, TN $120,750 Great turnkey investment opportunity in Memphis! This well-maintained property is currently tenant-occupied and renting for $1,150 per month, providing immediate cash flow from day one. The home features a functional layout with solid bones, making it an attractive addition to any rental portfolio. Located in an established neighborhood with convenient access to shopping, schools, and major roadways. Property has a consistent rental history and requires minimal ongoing maintenance. Perfect for buy-and-hold investors seeking stable income in a strong rental market. Do not disturb tenant. Showings upon accepted offer.
For sale
$120,750
3530 Wilshire Rd, Memphis, TN 38111
3beds
992sqft
Est.:
Single Family Residence
Built in 1950
8,276.4 Square Feet Lot
$-- Zestimate®
$122/sqft
$-- HOA
What's special
Functional layout
- 52 days |
- 243 |
- 12 |
Zillow last checked: 8 hours ago
Listing updated: December 16, 2025 at 09:10am
Listed by:
Austin Hall,
Evernest Too, LLC 901-842-5730
Source: MAAR,MLS#: 10211028
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
Primary bedroom
- Width: 0
Dining room
- Width: 0
Living room
- Features: Separate Den
- Width: 0
Den
- Width: 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
- Has fireplace: No
Interior area
- Total interior livable area: 992 sqft
Property
Parking
- Total spaces: 1
- Parking features: Driveway/Pad
- Covered spaces: 1
- Has uncovered spaces: Yes
Features
- Stories: 1
- Patio & porch: Porch
- Pool features: None
Lot
- Size: 8,276.4 Square Feet
- Dimensions: 50 x 168
- Features: Some Trees
Details
- Parcel number: 058045 00051
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Single Family Residence
Condition
- New construction: No
- Year built: 1950
Community & HOA
Community
- Subdivision: Wilshire
Location
- Region: Memphis
Financial & listing details
- Price per square foot: $122/sqft
- Tax assessed value: $111,500
- Annual tax amount: $1,469
- Price range: $120.8K - $120.8K
- Date on market: 12/9/2025
- Cumulative days on market: 53 days
Estimated market value
Not available
Estimated sales range
Not available
$1,173/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 12/9/2025 | Listed for sale | $120,750+3.3%$122/sqft |
Source: | ||
| 7/11/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 6/10/2024 | Listed for rent | $1,150-11.5%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 6/7/2024 | Sold | $116,900-6.4%$118/sqft |
Source: | ||
| 4/22/2024 | Contingent | $124,900$126/sqft |
Source: | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,469 +69.3% | $27,875 +111.6% |
| 2024 | $868 +8.1% | $13,175 |
| 2023 | $803 | $13,175 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$607/mo
Principal & interest
$468
Property taxes
$97
Home insurance
$42
Climate risks
Neighborhood: East Memphis-Colonial-Yorkshire
Nearby schools
GreatSchools rating
- 4/10Sherwood Elementary SchoolGrades: PK-5Distance: 0.5 mi
- 5/10Sherwood Middle SchoolGrades: 6-8Distance: 0.2 mi
- 3/10Melrose High SchoolGrades: 9-12Distance: 1.2 mi
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