Excellent investment opportunity! This 4 bed, 3 bath “As Is” brick home offers expansive untapped value. The main floor includes a formal dining room, spacious great room with fireplace, eat in kitchen, and a cozy hearth room with a second fireplace. Upstairs features a large bedroom plus bonus room — ideal for home office, guest suite, or flex space. With no city taxes, low holding costs, and great rental or resale upside, this property is perfectly positioned near parks, Community Center, and major highways. Surrounded by restaurants and retail anchors, this is a rare, cash flow–friendly investment in a growing neighborhood. Sold “As Is” — maximum upside for the right investor. New hot water heater and garage door.
Sold for $178,000
$178,000
7421 Richmond Rd, Memphis, TN 38125
4beds
2,934sqft
Single Family Residence
Built in 1987
9,583.2 Square Feet Lot
$239,300 Zestimate®
$61/sqft
$2,086 Estimated rent
Home value
$239,300
$227,000 - $251,000
$2,086/mo
Zestimate® history
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Owner options
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What's special
Zillow last checked: 8 hours ago
Listing updated: December 10, 2025 at 09:37am
Listed by:
Melissa Thompson,
eXp Realty,
Catherine Horton,
eXp Realty
Bought with:
NON-MLS NON-BOARD AGENT
NON-MLS OR NON-BOARD OFFICE
Source: MAAR,MLS#: 10201503
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 3
Primary bedroom
- Features: Walk-In Closet(s)
- Level: First
- Area: 256
- Dimensions: 16 x 16
Bedroom 2
- Features: Shared Bath
- Level: First
- Area: 156
- Dimensions: 12 x 13
Bedroom 3
- Features: Shared Bath
- Level: First
- Area: 144
- Dimensions: 12 x 12
Bedroom 4
- Features: Shared Bath
- Level: Second
- Area: 132
- Dimensions: 11 x 12
Bedroom 5
- Area: 144
- Dimensions: 12 x 12
Primary bathroom
- Features: Double Vanity, Separate Shower, Whirlpool Tub, Full Bath
Dining room
- Features: Separate Dining Room
- Area: 196
- Dimensions: 14 x 14
Kitchen
- Features: Eat-in Kitchen, Pantry, Washer/Dryer Connections, Keeping/Hearth Room
- Area: 196
- Dimensions: 14 x 14
Living room
- Features: Great Room
- Dimensions: 0 x 0
Bonus room
- Area: 480
- Dimensions: 20 x 24
Den
- Area: 576
- Dimensions: 24 x 24
Heating
- Central
Cooling
- 220 Wiring, Central Air
Appliances
- Included: Range/Oven
- Laundry: Laundry Room
Features
- 1 or More BR Down, Primary Down, Luxury Primary Bath, Double Vanity Bath, Separate Tub & Shower, Sky Light(s) in Bath, Full Bath Down, High Ceilings, Vaulted/Coff/Tray Ceiling, Walk-In Closet(s), Dining Room, Den/Great Room, Kitchen, Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 2 or More Baths, Keeping/Hearth Room, 4th or More Bedrooms, 1 Bath, Bonus Room, Square Feet Source: AutoFill (MAARdata) or Public Records (Cnty Assessor Site)
- Flooring: Concrete
- Windows: Window Treatments
- Attic: Pull Down Stairs,Attic Access
- Number of fireplaces: 2
- Fireplace features: In Den/Great Room, In Keeping/Hearth room
Interior area
- Total interior livable area: 2,934 sqft
Property
Parking
- Total spaces: 2
- Parking features: Driveway/Pad, Garage Faces Front
- Has garage: Yes
- Covered spaces: 2
- Has uncovered spaces: Yes
Features
- Stories: 2
- Patio & porch: Patio
- Pool features: None
- Has spa: Yes
- Spa features: Whirlpool(s), Bath
- Fencing: Wood,Wood Fence
Lot
- Size: 9,583 sqft
- Dimensions: 80 x 140
- Features: Some Trees, Level
Details
- Parcel number: D0241A F00003
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Single Family Residence
Materials
- Brick Veneer, Wood/Composition
- Foundation: Slab
- Roof: Composition Shingles
Condition
- New construction: No
- Year built: 1987
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available
Community & neighborhood
Security
- Security features: Dead Bolt Lock(s)
Location
- Region: Memphis
- Subdivision: Richmond Hills Sec A-1
Other
Other facts
- Price range: $178K - $178K
Price history
| Date | Event | Price |
|---|---|---|
| 12/10/2025 | Sold | $178,000-27.3%$61/sqft |
Source:  MAAR #10201503 Report a problem | ||
| 11/14/2025 | Pending sale | $245,000$84/sqft |
Source: MAAR #10201503 Report a problem | ||
| 10/28/2025 | Listed for sale | $245,000$84/sqft |
Source: MAAR #10201503 Report a problem | ||
| 10/20/2025 | Pending sale | $245,000$84/sqft |
Source: MAAR #10201503 Report a problem | ||
| 8/26/2025 | Price change | $245,000-10.9%$84/sqft |
Source: MAAR #10201503 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,131 +22.7% | $79,225 +54.7% |
| 2024 | $1,737 | $51,225 |
| 2023 | $1,737 | $51,225 |
Find assessor info on the county website
Neighborhood: 38125
Nearby schools
GreatSchools rating
- 5/10Lowrance Elementary SchoolGrades: PK-8Distance: 0.9 mi
- 3/10Southwind High SchoolGrades: 9-12Distance: 0.9 mi
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$239,300
2% more+$4,786
With Zillow Showcase(estimated)$244,086