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5071 NEELY RD Memphis, TN $ 127,900
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5071 NEELY RD
$ 127,900
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5071 NEELY RD

Memphis, TN, 38109
$ 127,900
Bedrooms3 Baths1.0 Sq 1,005

Monthly Estimate*

$ 788

5071 NEELY RD, Memphis, TN 38109 - Image 1
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5071 NEELY RD, Memphis, TN 38109 - Image 12
5071 NEELY RD, Memphis, TN 38109 - Image 13

Single Family Home for sale in Memphis, TN

for $127,900 with 3 bedrooms and 1 full bath. This 1,005 square foot home was built in 1958 on a lot size of 0.24.

Great Occupied investment Opportunity! This property is currently occupied by a tenant who is paying $995 per month and is on a lease from 08/04/2025 - 08/03/2026. There is professional property management in place with Reedy and Company. No wholesale or creative financing offers. No showings without an accepted offer.

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Single Family Active

Price

$ 127,900

Bedrooms

3

Full Bath

1

Property Type

Single Family

Taxes

$ 1,489

Style

Traditional

Lot Size

0.24

Year Built

1958

Town/City

Memphis

County/Region

Shelby

MLS | Web ID

10217637
Features
General
Heating Central
Cooling Central
Roof Composition Shingles
Status Active Active
Full Baths 1
Half Baths 0
Legal Subdivision Name HOLMES RD 1ST ADDN
Style Traditional
Stories Count 1
County Shelby
Class Residential
Type Detached Single Family
Area 767C Whitehaven/Fairley
Parcel Number 076128 00014
Sale/Rent For Sale
Status Detail 0
Year Built 1958
Directions From Hwy 61 S go east on Shelby Dr turn right on Neely Rd house is on the right
City Memphis
DOM 0
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Interior
Living Room LR/DR Combination Updated/Renovated Kitchen
Beds 3
Total Baths 1
Number of Rooms 6
Downstairs Bedrooms 3
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Exterior
Foundation Conventional
Pool None
Lot 213
Lot Size Area 0.24
Water & Sewer Public Sewer Public Water
Lot Size 78X136
Lot Description Level
Misc. Exterior Wrought Iron Security Drs
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* Excluded Features
List By
Reedy & Company, Realtors

Broker

Affordability Calculator

$912
Per Month
86%
14%
0%
Monthly Principal & Interest
$788
Monthly Property Taxes
$124
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
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Pricing History
DatePricePrice ChangeDescription
3/25/2026$127,900 Listed Price

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5071 NEELY RD, Memphis, TN, 38109 is a Single Family Home for sale at $127,900 with 1,005 sqft and a lot size of 0.24. 5071 NEELY RD has 3 bedrooms, 1.0 baths, and was built in 1958. The property's zip code is 38109 which is in Memphis, TN

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