Turnkey investment property with tenant in place paying $995/month ($11,940 annually). Lease secured through June 8, 2027, providing stable and immediate cash flow for investors. 3969 Ridgedale Street is a well-maintained 3-bedroom, 1-bath home featuring hard-surface flooring throughout, a bright and spacious living area, and an updated kitchen with shaker cabinets and space for appliances. The home also includes central heat and air, a covered carport, and a large fenced backyard. TENANTED PROPERTY: DO NOT APPROACH OR DISTURB TENANTS. NO SHOWINGS WITHOUT AN ACCEPTED OFFER.
For sale
$95,000
3969 Ridgedale St, Memphis, TN 38127
3beds
980sqft
Est.:
Single Family Residence
Built in 1959
0.35 Acres Lot
$-- Zestimate®
$97/sqft
$-- HOA
What's special
Large fenced backyardHard-surface flooring throughoutCovered carportCentral heat and air
- 242 days |
- 86 |
- 6 |
Zillow last checked: 7 hours ago
Listing updated: 10 hours ago
Listed by:
James C Wachob,
Foundation Property Management 901-633-1484
Source: MAAR,MLS#: 10201521
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
- Features: Separate Dining Room
- Dimensions: 0 x 0
Living room
- Dimensions: 0 x 0
Den
- Dimensions: 0 x 0
Heating
- Central
Cooling
- Central Air
Features
- All Bedrooms Down, Square Feet Source: AutoFill (MAARdata) or Public Records (Cnty Assessor Site)
- Has fireplace: No
Interior area
- Total interior livable area: 980 sqft
Property
Parking
- Total spaces: 2
- Parking features: Other (See REMARKS)
- Covered spaces: 2
Features
- Stories: 1
- Exterior features: Other (See REMARKS)
- Pool features: None
Lot
- Size: 0.35 Acres
- Dimensions: 81 x 209
- Features: Level
Details
- Parcel number: 071046 00014
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Single Family Residence
Condition
- New construction: No
- Year built: 1959
Community & HOA
Community
- Subdivision: St Elmo Third Addition
Location
- Region: Memphis
Financial & listing details
- Price per square foot: $97/sqft
- Tax assessed value: $91,900
- Annual tax amount: $1,078
- Price range: $95K - $95K
- Date on market: 7/18/2025
- Cumulative days on market: 232 days
Estimated market value
Not available
Estimated sales range
Not available
$986/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 10/3/2025 | Price change | $95,000-4%$97/sqft |
Source:  MAAR #10201521 Report a problem | ||
| 9/11/2025 | Price change | $99,000-5.7%$101/sqft |
Source: MAAR #10201521 Report a problem | ||
| 8/18/2025 | Listed for sale | $105,000$107/sqft |
Source: MAAR #10201521 Report a problem | ||
| 8/8/2025 | Pending sale | $105,000$107/sqft |
Source: MAAR #10201521 Report a problem | ||
| 7/18/2025 | Listed for sale | $105,000+105.9%$107/sqft |
Source: MAAR #10201521 Report a problem | ||
| 6/5/2025 | Listing removed | $995$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 5/29/2025 | Listed for rent | $995$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 5/29/2025 | Listing removed | $995$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 3/25/2025 | Listed for rent | $995+4.7%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 1/2/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 12/18/2023 | Listed for rent | $950$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 11/30/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 11/10/2023 | Listed for rent | $950+1.6%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 9/19/2023 | Sold | $51,000-15%$52/sqft |
Source: MAAR #10151669 Report a problem | ||
| 9/1/2023 | Contingent | $60,000$61/sqft |
Source: MAAR #10151669 Report a problem | ||
| 8/23/2023 | Price change | $60,000-7.7%$61/sqft |
Source: MAAR #10151669 Report a problem | ||
| 8/13/2023 | Listed for sale | $65,000-7%$66/sqft |
Source: MAAR #10151669 Report a problem | ||
| 7/26/2023 | Contingent | $69,900$71/sqft |
Source: MAAR #10151669 Report a problem | ||
| 7/13/2023 | Price change | $69,900-6.8%$71/sqft |
Source: MAAR #10151669 Report a problem | ||
| 7/6/2023 | Listed for sale | $75,000-16.7%$77/sqft |
Source: MAAR #10151669 Report a problem | ||
| 10/17/2019 | Listing removed | $935$1/sqft |
Source: FirstKey Homes Corporate Report a problem | ||
| 10/1/2019 | Price change | $935+1.1%$1/sqft |
Source: FirstKey Homes Corporate Report a problem | ||
| 9/25/2019 | Listed for rent | $925+19.4%$1/sqft |
Source: FirstKey Homes Corporate Report a problem | ||
| 9/6/2017 | Listing removed | $775$1/sqft |
Source: FirstKey Homes Report a problem | ||
| 5/11/2017 | Listed for rent | $775+3.3%$1/sqft |
Source: FirstKey Homes Report a problem | ||
| 4/21/2016 | Listing removed | $750$1/sqft |
Source: FirstKey Mortgage, LLC Report a problem | ||
| 12/12/2012 | Sold | $90,000+84.8%$92/sqft |
Source: Public Record Report a problem | ||
| 2/20/2012 | Sold | $48,700+43.2%$50/sqft |
Source: Public Record Report a problem | ||
| 1/17/2012 | Sold | $34,000+580%$35/sqft |
Source: Public Record Report a problem | ||
| 12/2/2011 | Sold | $5,000$5/sqft |
Source: Public Record Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,211 +12.3% | $22,975 +40.3% |
| 2024 | $1,078 +8.1% | $16,375 |
| 2023 | $998 | $16,375 |
| 2022 | -- | $16,375 |
| 2021 | -- | $16,375 +35.3% |
| 2020 | $387 | $12,100 |
| 2019 | $387 -21.1% | $12,100 |
| 2018 | $490 -45.1% | $12,100 |
| 2017 | $893 +250.2% | $12,100 +61.3% |
| 2016 | $255 -33.9% | $7,500 -35.6% |
| 2014 | $386 | $11,650 |
| 2013 | -- | $11,650 -3.7% |
| 2012 | -- | $12,100 |
| 2011 | -- | $12,100 |
| 2010 | -- | $12,100 |
| 2009 | -- | $12,100 -14% |
| 2008 | -- | $14,075 |
| 2007 | -- | $14,075 |
| 2006 | -- | $14,075 |
| 2005 | -- | $14,075 +11.7% |
| 2004 | -- | $12,600 |
| 2003 | -- | $12,600 |
| 2002 | -- | $12,600 |
| 2001 | -- | $12,600 +11.3% |
| 2000 | -- | $11,325 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$566/mo
Principal & interest
$490
Property taxes
$76
More affordability tools
Climate risks
Neighborhood: Shelby Forest-Frayser
Nearby schools
GreatSchools rating
- 5/10Hawkins Mill Elementary SchoolGrades: PK-5Distance: 0.7 mi
- 6/10Georgian Hills Junior High SchoolGrades: 6-8Distance: 0.5 mi
- 3/10Trezevant High SchoolGrades: 9-12Distance: 1.3 mi
Local experts in 38127
- Tennessee
- Shelby County
- Memphis
- 38127
- Shelby Forest-Frayser
- 3969 Ridgedale St
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