449 FERNWOOD AVE Memphis, TN $ 121,000
449 FERNWOOD AVE
$ 121,000
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449 FERNWOOD AVE

Memphis, TN, 38106
$ 121,000
Bedrooms5 Baths2.1 Sq 2,235

Monthly Estimate*

$ 745

449 FERNWOOD AVE, Memphis, TN 38106 - Image 1
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Single Family Home for sale in Memphis, TN

for $121,000 with 5 bedrooms and 2 full baths, 1 half bath. This 2,235 square foot home was built in 1950 on a lot size of 0.14.

INVESTORY ONLY! Tenant occupied and professionally managed home. This could be a great addition to your investment portfolio. Currently rent for $1470/mo with a $1395 deposit on file. Lease ends 3/31/26. Large home. Many homes in this area are being rehabbed and sold for more money. Lease, ledger, and payment/repair history are available upon request. Do not approach or disturb tenant. No showings without an accepted offer. No wholesalers, no assignment, no seller finance or creative finance. Seller is also has 1675 Haywood & 3245 Sinclair (can buy these houses in bulk or individually).

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Single Family Active

Price

$ 121,000

Bedrooms

5

Full Bath

2

Half Bath

1

Property Type

Single Family

Taxes

$ 765

Style

Traditional

Lot Size

0.14

Year Built

1950

Town/City

Memphis

County/Region

Shelby

MLS | Web ID

10194334

Features
General
Heating Central
Cooling Central
Status Active Active
Full Baths 2
Half Baths 1
Legal Subdivision Name PHILSAR BLK E
Style Traditional
Stories Count 1.5
County Shelby
Class Residential
Type Detached Single Family
Area 747D South Memphis/61 Hwy
Parcel Number 049015 00004
Sale/Rent For Sale
Status Detail 0
Year Built 1950
Directions Norris Road to Mallory to Lauderdale
City Memphis
DOM 275
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Interior
Dining Room 0
Living Room Pantry
Beds 5
Total Baths 2.1
Number of Rooms 9
Heated SqFt 2200-2399
Downstairs Bedrooms 0
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Exterior
Pool None
Lot 166
Lot Size Area 0.14
Lot Size 50X130
Lot Description Level
Misc. Exterior Other (See REMARKS)
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* Excluded Features
List By
Crye-Leike, Inc., Realtors

Broker

Affordability Calculator

$809
Per Month
92%
8%
0%
Monthly Principal & Interest
$745
Monthly Property Taxes
$64
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
460623 Elementary School
460624 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/23/2025$121,000 -1.14% Price Down
6/27/2025$122,400 -2.00% Price Down
5/30/2025$124,900 -0.79% Price Down
5/13/2025$125,900 -10.01% Price Down
4/15/2025$139,900 Listed Price

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449 FERNWOOD AVE, Memphis, TN, 38106 is a Single Family Home for sale at $121,000 with 2,235 sqft and a lot size of 0.14. 449 FERNWOOD AVE has 5 bedrooms, 2.1 baths, and was built in 1950. The property's zip code is 38106 which is in Memphis, TN