Price Reduction
Address
3637 Neely Rd, Memphis, TN
Price
$ 148,000
Property Attributes
  • MLS#10229144
  • TypeSingle Family
  • Listing Status Active
  • CountySHELBY
  • CityMemphis
  • AreaWhitehaven-Graves
  • NeighborhoodVALLEY FORGE
  • Zip38109
  • StyleTraditional
  • Year Built1966
  • Taxes$ 1491
  • Price$ 148,000
  • Bedrooms3
  • Full Bathrooms1
  • Half Bathrooms1
  • Sqr Footage1100
  • Lot Size0.2 Acres
Data Source:
Memphis MLS (MAAR)
Property Description

Fantastic opportunity to add a solid income-producing property to your investment portfolio! This tenant-occupied home is currently leased for $1,440 per month, providing immediate rental income from day one. Offering a great combination of convenience, location, and investment potential, this property is an excellent option for investors looking to expand their portfolio with an already-performing asset. Don’t miss the opportunity to make this one yours!

Price History
8/26/2026 Listed $160,000
9/11/2026 8$148,000

General Features

Heating Central
Cooling Central
Status Active
Full Baths 1
Half Baths 1
Legal Subdivision Name VALLEY FORGE REV
Style Traditional
Stories Count 1
County Shelby
Class Residential
Type Detached Single Family
Condo No
Area 763B
Parcel Number 076001 00041
Status Active
Annual City Tax 730
Annual County Tax 761
Sale/Rent For Sale
Area Whitehaven/Graves
Service Type Full Service Listing
Neighborhood Association None
Year Built 1966
Directions From E. Shelby Dr,turn north onto McCorkle Rd. Turn left onto E. Raines Rd,then right onto Neely Rd. Continue to 3637 Neely Rd.
City Memphis
DOM 16

Interior Features

Living Room Other (See Remarks)
Beds 3
Total Baths 1.1
Number of Rooms 6
FLOORS/CEILINGS Other (See REMARKS)

Exterior Features

Pool None
Lot 106
Lot Size Area 0.2
Lot Size 70X125
Parking Display N1
Lot Description Other (See Remarks)
# Covered Parking Spaces 1
PARKING/STORAGE Other (See REMARKS)
EXTERIOR/WINDOWS Other (See Remarks)
Misc. Exterior Other (See REMARKS)

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 38109

Price
AVG $110K
$150K
Taxes
AVG $1,201
$1,491
Year Built
AVG 1962
1966
Visits
AVG 81
19
Data Provided by Inside Real Estate®