Price Reduction
Address
4575 Spring Glen Dr, Memphis, TN
Price
$ 79,900
Property Attributes
- MLS#10224142
- TypeSingle Family
- Listing Status Active
- CountySHELBY
- CityMemphis
- AreaEgypt Central
- NeighborhoodSPRING VALLEY BLK B
- Zip38128
- StyleRanch,Traditional
- Year Built1972
- Taxes$ 1017
- Price$ 79,900
- Bedrooms3
- Full Bathrooms1
- Half Bathrooms0
- Sqr Footage903
- Lot Size0.09 Acres
Data Source:
Memphis MLS (MAAR)
Property Description
Investors, you won't want to miss this opportunity! Well maintained property with built in value; currently priced to exceed than the 1% rule! Tenant-occupied. Do not disturb. Showings by appointment only with accepted offer and proof of funds. Professionally managed cash-flowing 3BD/1BA brick home in a quiet Memphis cove generating $835/month with a month-to-month tenant in place. Current estimated market rent $950 per month. Near Austin Peay Hwy with easy access to Raleigh Springs shopping, dining, and I-40/I-240 — attractive to a large renter pool. Lower maintenance brick exterior. Recent updates include new carpet and exterior paint. Property to be sold in AS-IS condition. Photos reflect pre-tenancy condition. Property is currently tenant-occupied.
| Price History | |
|---|---|
| 6/17/2026 | Listed $84,900 |
| 7/14/2026 | 4$82,000 |
| 9/12/2026 | 3$79,900 |
General Features
| Heating | Central |
|---|---|
| Cooling | Central |
| Status | Active |
| Full Baths | 1 |
| Legal Subdivision Name | SPRING VALLEY BLK B |
| Style | Ranch,Traditional |
| Stories Count | 1 |
| County | Shelby |
| Class | Residential |
| Type | Detached Single Family |
| Condo | No |
| Area | 731A |
| Parcel Number | 090006 00016 |
| Status | Active |
| Annual City Tax | 498 |
| Annual County Tax | 519 |
| Sale/Rent | For Sale |
| Area | Egypt Central |
| Service Type | Full Service Listing |
| Neighborhood Association | None |
| Year Built | 1972 |
| Directions | From North Jackson Ave,slight right on Raleigh-Millington Rd,straight on Ramill Rd.,left on Egypt-Central Rd.,right on Spring Glen Dr.,home is on the left. |
| City | Memphis |
| DOM | 86 |
Interior Features
| Living Room | Separate Living Room,Eat-In Kitchen,Island In Kitchen,Washer/Dryer Connections,Vinyl/Luxury Vinyl Floor |
|---|---|
| Kitchen Dimensions | 14x18 |
| Living Room Dimensions | 10x11 |
| Bedroom 3 Dimensions | 9x10 |
| Bedroom 2 Dimensions | 9x11 |
| Beds | 3 |
| Total Baths | 1 |
| Number of Rooms | 6 |
| Downstairs Bedrooms | 3 |
| FLOORS/CEILINGS | Part Carpet,Tile |
| Back on Market Date | 2026-08-12 |
Exterior Features
| Pool | None |
|---|---|
| Lot | 296 |
| Lot Size Area | 0.09 |
| Lot Size | 35X116 |
| Parking Display | C1A |
| Lot Description | Some Trees,Level |
| # Covered Parking Spaces | 1 |
| PARKING/STORAGE | Driveway/Pad,Storage Room(s) |
| EXTERIOR/WINDOWS | Brick Veneer,Wood/Composition |
| Misc. Exterior | Wrought Iron Security Drs,Porch |
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 38128
Price
Taxes
Year Built
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