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Sold for $118,000 on 03/03/25
  • $118,000

    4447 Sumners Wells Rd, Memphis, TN 38118

    4beds
    1,732sqft
    Duplex
    Built in 1973
    -- sqft lot
    $114,300 Zestimate®
    $68/sqft
    $945 Estimated rent

    Home value

    $114,300

    $107,000 - $122,000

    $945/mo

    Zestimate® history
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    $584/mo

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    What's special

    This is a hot investment street, with a ton of potential tenants and increasing rents/values as the neighborhood is being turnkeyed. The neighborhood is close to the airport and several distribution centers with a strong need for workforce housing. Currently, these are rented for $1575 combined, with 4447 rented for $875 until 6/30/25 & 4449 for $700 until 1/31/2025. Fixed up, both units should rent in the $900 range, allowing for some great long-term income and an awesome reason to add it to your portfolio! Buyer to verify all facts; no showings until accepted offer. Do not disturb tenants. No assignable/wholesaler offers will be accepted. No seller-financing, so do not ask or offer; it will be rejected. Seller is selling all in Memphis market to invest in local market.

    Zillow last checked: 8 hours ago

    Listing updated: March 03, 2025 at 01:37pm

    Listed by:

    Randall C Weatherall,

    Memphis Metro Realty

    Bought with:

    Thomas Zettergren

    Premier Realty Group, LLC

    Source: MAAR,MLS#: 10182586MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Included: Gas Water Heater
    Features
    • Step-Saver Kitchen
    • Windows: Aluminum Frames
    • Has fireplace: No
    Interior area
    • Total interior livable area: 1,732 sqft

    Property

    Parking
    • Parking features: Driveway/Pad
    • Has uncovered spaces: Yes
    Features
    • Stories: 1
    • Pool features: None
    Lot
    • Size: 6,050 sqft
    • Dimensions: 55 x 110
    • Features: Some Trees, Level
    Details
    • Parcel number: 073110 00007

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Traditional
    • Property subtype: Duplex
    Materials
    • Brick Veneer
    • Roof: Composition Shingles
    Condition
    • Year built: 1973

    Community & neighborhood

    Location
    • Region: Memphis
    • Subdivision: East Whitehaven Park

    HOA & financial

    Other financial information
    • Total actual rent: 1575

    Other

    Other facts
    • Listing terms: Conventional

    Price history

    DateEventPrice
    3/3/2025Sold$118,000-10.9%$68/sqft
    Source: MAAR #10182586
    2/14/2025Pending sale$132,500$77/sqft
    Source: MAAR #10182586
    2/10/2025Price change$132,500-7%$77/sqft
    Source: MAAR #10182586
    1/15/2025Price change$142,500-4.9%$82/sqft
    Source: MAAR #10182586
    11/22/2024Price change$149,900-9.1%$87/sqft
    Source: MAAR #10182586

    Public tax history

    YearProperty taxesTax assessment
    2024$1,141 +8.1%$17,320
    2023$1,055 $17,320
    2022-- $17,320

    Find assessor info on the county website

    Neighborhood: Parkway Village-Oakhaven

    Nearby schools

    GreatSchools rating
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