This property is currently under contract. 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. The duplex was fixed up a few years ago, with a newer roof and should have newer mechanicals. The other side is on the market now for a tenant. Both units should rent in the $900, 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. Selling with 3 other duplexes and will split.
Sold for $137,000 on 11/20/24
$137,000
4487 Sumners Wells Rd, Memphis, TN 38118
4beds
1,621sqft
Duplex
Built in 1974
-- sqft lot
$131,900 Zestimate®
$85/sqft
$741 Estimated rent
Home value
$131,900
$123,000 - $142,000
$741/mo
Zestimate® history
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Owner options
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What's special
Zillow last checked: 8 hours ago
Listing updated: November 22, 2024 at 11:39am
Listed by:
Randall C Weatherall,
Memphis Metro Realty
Bought with:
Dean Harris
CrestCore Realty MphsBrokerage
Source: MAAR,MLS#: 10182588
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Gas Water Heater
Features
- Smooth Ceiling, Step-Saver Kitchen
- Flooring: Wood Laminate Floors, Tile
Interior area
- Total interior livable area: 1,621 sqft
Property
Parking
- Parking features: Driveway/Pad
- Has uncovered spaces: Yes
Features
- Stories: 1
- Pool features: None
Lot
- Size: 7,800 sqft
- Dimensions: 60 x 130
- Features: Level
Details
- Parcel number: 073110 00014
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subtype: Duplex
Materials
- Brick Veneer
- Foundation: Slab
- Roof: Composition Shingles
Condition
- Year built: 1974
Utilities & green energy
- Utilities for property: Separate Meters
Community & neighborhood
Location
- Region: Memphis
- Subdivision: East Whitehaven Park
Other
Other facts
- Listing terms: Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 4/9/2025 | Listing removed | $825$1/sqft |
Source: MAAR #10189643 | ||
| 2/7/2025 | Listed for rent | $825-5.7%$1/sqft |
Source: MAAR #10189643 | ||
| 11/23/2024 | Listing removed | $875$1/sqft |
Source: Zillow Rentals | ||
| 11/20/2024 | Sold | $137,000-8.6%$85/sqft |
Source:  MAAR #10182588 | ||
| 10/24/2024 | Listed for rent | $875$1/sqft |
Source: Zillow Rentals | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $1,120 +8.1% | $17,000 |
| 2023 | $1,036 | $17,000 |
| 2022 | -- | $17,000 |
Find assessor info on the county website
Neighborhood: Parkway Village-Oakhaven
Nearby schools
GreatSchools rating
- 6/10Oakhaven Elementary SchoolGrades: PK-5Distance: 1.4 mi
- 4/10Oakhaven Middle SchoolGrades: 6-8Distance: 1.5 mi
- 5/10Oakhaven High SchoolGrades: 9-12Distance: 1.5 mi
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