1041 RICHLAND DR
Memphis, TN, 38116 $ 170,000
Bedrooms3 Baths2.0 Sq 1,272 Monthly Estimate*
$ 1,061
for $170,000 with 3 bedrooms and 2 full baths. This 1,272 square foot home was built in 1955 on a lot size of 0.38.
This turnkey rental features new LVP flooring throughout, a full interior repaint, updated LED lighting, outlets, switches, and wall plates, and new pre-hung doors in every room. Two fully renovated bathrooms boast new tubs, tile, vanities, and fixtures. The kitchen remodel includes shaker cabinets, Formica counters, a new sink, and vent hood, with walls opened for a modern layout. Exterior updates include a fresh Gauntlet Grey paint with white trim, repaired siding, concrete, and roofing, all-new exterior doors with smart locks, a new mailbox, refreshed landscaping with mulch and flower beds, and fence and shed repairs. Additional upgrades include a new 40-gallon water heater, serviced HVAC (2017), new thermostat, smoke and CO detectors, and fire extinguisher. Deep cleaned and ready for Section 8 inspection, this property is ideal for a long-term hold in a stable market. TENANTED PROPERTY: DO NOT APPROACH OR DISTURB TENANTS, NO SHOWINGS WITHOUT AN ACCEPTED OFFER. Owner/Agent
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FeaturesGeneralHeating Central
Cooling Central
Status Pending Pending
Full Baths 2
Half Baths 0
Legal Subdivision Name WELCHS SEQUOIA GARDENS
Style Traditional
Stories Count 1
County Shelby
Class Residential
Type Detached Single Family
Area 767E Whitehaven/Fairley
Parcel Number 077075 00004
Sale/Rent For Sale
Status Detail 0
Year Built 1955
Directions Get on I-240 S/I-69 from Doctor M.L.K. Jr Ave/Linden Ave Follow I-69. Take exit 2B from I-69 Continue on TN-175 W/E Shelby Dr. Take Elvis Presley Blvd to Richland Dr
City Memphis
DOM 91
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InteriorLiving Room Other (See Remarks)
Beds 3
Total Baths 2
Number of Rooms 6
Heated SqFt 1200-1399
Downstairs Bedrooms 3
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ExteriorPool None
Lot 100
Lot Size Area 0.38
Lot Size 105X160
Lot Description Some Trees
Misc. Exterior Porch Wood Fence
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* Excluded FeaturesList ByFoundation Property ManagementBroker
Affordability Calculator
- Monthly Principal & Interest
- $1,061
- Monthly Property Taxes
- $135
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.375% 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.
Learn more about how to save NearbySingle family listings in Memphis, TN
Average List Price $254,381
Percent of Sale Price 50%
About Memphis, TN 651,785 Population
-6% Since 2002
$ 38,338 Median Income
35.39 Median Age
28% Households with Children
Trends Information provided by ATTOM Data Solutions.
460623 Elementary School
460624 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 5/6/2025 | $164,900 | | Listed Price |