4956 DEMETER CV Memphis, TN $ 139,975
4956 DEMETER CV
$ 139,975
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4956 DEMETER CV

Memphis, TN, 38118
$ 139,975
Bedrooms3 Baths2.0 Sq 1,348

Monthly Estimate*

$ 862

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Single Family Home for sale in Memphis, TN

for $139,975 with 3 bedrooms and 2 full baths. This 1,348 square foot home was built in 1968 on a lot size of 0.21.

This property is leased at $1,325 per month ($15,900 annually) through 10/21/2026, with a cash-on-cash return of 5.32% and a monthly cash flow of $183.85. "All investment figures are estimates and verified independently by buyer." Well-maintained brick home offering a strong combination of durability, functionality, and long-term rental appeal. Situated on a quiet cove, this 3-bedroom, 2-bath property features a desirable single-level layout, hardwood flooring, central HVAC, abundant natural light, and a spacious lot with ample outdoor space. The solid condition and practical floor plan help minimize future turnover costs, while the established neighborhood location supports consistent tenant demand. A turnkey addition to any investment portfolio with lasting income potential. Financials available upon request. No wholesalers, assignments, or creative financing! PROFESSIONALLY MANAGED IN-HOUSE

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Single Family Active

Price

$ 139,975

Bedrooms

3

Full Bath

2

Property Type

Single Family

Taxes

$ 1,744

Style

Traditional

Lot Size

0.21

Year Built

1968

Town/City

Memphis

County/Region

Shelby

MLS | Web ID

10223717

Features
General
Heating Central
Cooling Central
Status Active Active
Full Baths 2
Half Baths 0
Legal Subdivision Name TAMBLE TERRACE
Style Traditional
Stories Count 1
County Shelby
Class Residential
Type Detached Single Family
Area 772F Parkway Village
Parcel Number 074037 B00063
Sale/Rent For Sale
Status Detail 0
Year Built 1968
Directions From Winchester Rd head North on Clearbrook St go West onto Demeter Cv; property on right.
City Memphis
DOM 0
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Interior
Living Room Separate Living Room Separate Dining Room
Beds 3
Total Baths 2
Number of Rooms 6
Downstairs Bedrooms 3
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Exterior
Pool None
Lot 401
Lot Size Area 0.21
Lot Size 71X135
Lot Description Level
Misc. Exterior Porch Patio
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* Excluded Features
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Foundation Property Management

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Affordability Calculator

$1,007
Per Month
86%
14%
0%
Monthly Principal & Interest
$862
Monthly Property Taxes
$145
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
6/11/2026$139,975 Listed Price

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4956 DEMETER CV, Memphis, TN, 38118 is a Single Family Home for sale at $139,975 with 1,348 sqft and a lot size of 0.21. 4956 DEMETER CV has 3 bedrooms, 2.0 baths, and was built in 1968. The property's zip code is 38118 which is in Memphis, TN