Experience a prime short-term rental investment opportunity with this turnkey Colonial Acres home, offering strong cash-on-cash potential and a proven rental track record. Newly updated and thoughtfully maintained, the property is being sold fully furnished for a seamless transition to its next owner or investor. Beyond its performance as a STR, the home also delivers charm, comfort, and modern updates throughout. Whether you're seeking to grow your portfolio or purchase a ready-to-go home with income potential, this one checks every box. Rent roll is available upon request for qualified buyers.
For sale
$295,000
4843 Verne Rd, Memphis, TN 38117
3beds
1,041sqft
Est.:
Single Family Residence
Built in 1954
7,405.2 Square Feet Lot
$285,500 Zestimate®
$283/sqft
$-- HOA
What's special
- 27 days |
- 340 |
- 19 |
Zillow last checked: 8 hours ago
Listing updated: November 26, 2025 at 09:09am
Listed by:
Laura G Pope,
Bluff City Realty Group, LLC 901-303-8448
Source: MAAR,MLS#: 10210475
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
Primary bedroom
- Features: Hardwood Floor, Smooth Ceiling
- Level: First
- Area: 130
- Dimensions: 13 x 10
Bedroom 2
- Features: Hardwood Floor, Shared Bath, Smooth Ceiling
- Level: First
- Area: 99
- Dimensions: 11 x 9
Bedroom 3
- Features: Hardwood Floor, Shared Bath, Smooth Ceiling
- Level: First
- Area: 99
- Dimensions: 11 x 9
Dining room
- Area: 72
- Dimensions: 9 x 8
Kitchen
- Features: Pantry, Updated/Renovated Kitchen, Washer/Dryer Connections
- Area: 112
- Dimensions: 14 x 8
Living room
- Features: LR/DR Combination
- Area: 195
- Dimensions: 13 x 15
Den
- Dimensions: 0 x 0
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Dishwasher, Dryer, Range/Oven, Refrigerator, Washer
- Laundry: Laundry Room
Features
- All Bedrooms Down, Renovated Bathroom, Square Feet Source: AutoFill (MAARdata) or Public Records (Cnty Assessor Site)
- Flooring: Hardwood
- Attic: Pull Down Stairs
- Has fireplace: No
Interior area
- Total interior livable area: 1,041 sqft
Property
Parking
- Total spaces: 1
- Parking features: Driveway/Pad
- Covered spaces: 1
- Has uncovered spaces: Yes
Features
- Stories: 1
- Patio & porch: Patio
- Pool features: None
- Fencing: Wood,Wood Fence
Lot
- Size: 7,405.2 Square Feet
- Dimensions: 60 x 130
- Features: Landscaped, Level
Details
- Parcel number: 066064 00014
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Single Family Residence
Materials
- Brick Veneer, Vinyl Siding
- Foundation: Slab
- Roof: Composition Shingles
Condition
- New construction: No
- Year built: 1954
Utilities & green energy
- Sewer: Public Sewer
Community & HOA
Community
- Subdivision: Colonial Hills
Location
- Region: Memphis
Financial & listing details
- Price per square foot: $283/sqft
- Tax assessed value: $181,300
- Annual tax amount: $2,985
- Price range: $295K - $295K
- Date on market: 11/26/2025
- Listing terms: Conventional,FHA,VA Loan
Estimated market value
$285,500
$271,000 - $300,000
$1,389/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 11/26/2025 | Listed for sale | $295,000+37.2%$283/sqft |
Source:  MAAR #10210475 Report a problem | ||
| 12/27/2023 | Sold | $215,000-1.8%$207/sqft |
Source: MAAR #10156595 Report a problem | ||
| 12/4/2023 | Pending sale | $219,000$210/sqft |
Source: MAAR #10156595 Report a problem | ||
| 11/18/2023 | Contingent | $219,000$210/sqft |
Source: MAAR #10156595 Report a problem | ||
| 11/2/2023 | Price change | $219,000-0.5%$210/sqft |
Source: MAAR #10156595 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $2,985 +8.1% | $45,325 |
| 2023 | $2,761 | $45,325 |
| 2022 | -- | $45,325 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$1,744/mo
Principal & interest
$1427
Property taxes
$214
Home insurance
$103
Climate risks
Neighborhood: East Memphis-Colonial-Yorkshire
Nearby schools
GreatSchools rating
- 4/10Sea Isle Elementary SchoolGrades: PK-5Distance: 0.7 mi
- 6/10Colonial Middle SchoolGrades: 6-8Distance: 0.1 mi
- 3/10Overton High SchoolGrades: 9-12Distance: 0.6 mi
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