4480 GARNETT RD Memphis, TN $ 120,000
4480 GARNETT RD
$ 120,000
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4480 GARNETT RD

Memphis, TN, 38117
$ 120,000
Bedrooms3 Baths1.0 Sq 1,214

Monthly Estimate*

$ 758

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Single Family Home for sale in Memphis, TN

for $120,000 with 3 bedrooms and 1 full bath. This 1,214 square foot home was built in 1964 on a lot size of 0.19.

Investor special in extremely desirable 38117! This well-maintained 3-bedroom, 1-bathroom home offers incredible potential as a rental or a fix-and-flip project. Tenant currently in place through October 31, 2026, paying $1,141 a month (MHA). Situated in one of the area's most sought-after neighborhoods, this property combines steady rental demand with endless upside for future appreciation. Don't miss this rare opportunity to add a solid, income-generating asset to your portfolio! Please do not disturb tenant. No wholesalers, contract assignment or creative offers.

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Single Family Active

Price

$ 120,000

Bedrooms

3

Full Bath

1

Property Type

Single Family

Taxes

$ 1,883

Style

Traditional

Lot Size

0.19

Year Built

1964

Town/City

Memphis

County/Region

Shelby

MLS | Web ID

10229047

Features
General
Heating Central
Cooling Central
Status Active Active
Full Baths 1
Half Baths 0
Legal Subdivision Name PARKSIDE MANOR SECOND ADDITION
Style Traditional
Stories Count 1
County Shelby
Class Residential
Type Detached Single Family
Area 759E Sea Isle/Park
Parcel Number 066027 00032
Sale/Rent For Sale
Status Detail 0
Year Built 1964
Directions From I-240 take the Perkins Rd North exit. Head north on S. Perkins Rd turn left (west) onto Quince Rd turn left onto Flamingo Rd then turn left onto Garnett Rd. The property will be on your right.
City Memphis
DOM 3
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Interior
Living Room Separate Living Room
Beds 3
Total Baths 1
Number of Rooms 7
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Exterior
Pool None
Lot 417
Lot Size Area 0.19
Lot Size 60X140
Lot Description Some Trees Level
Misc. Exterior Wrought Iron Security Drs
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* Excluded Features
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Advantage Property Management

Broker

Affordability Calculator

$915
Per Month
83%
17%
0%
Monthly Principal & Interest
$758
Monthly Property Taxes
$157
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
8/25/2026$120,000 Listed Price

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4480 GARNETT RD, Memphis, TN, 38117 is a Single Family Home for sale at $120,000 with 1,214 sqft and a lot size of 0.19. 4480 GARNETT RD has 3 bedrooms, 1.0 baths, and was built in 1964. The property's zip code is 38117 which is in Memphis, TN