4356 RALEIGH-LAGRANGE RD Memphis, TN $ 39,999
4356 RALEIGH-LAGRANGE RD
$ 39,999
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4356 RALEIGH-LAGRANGE RD

Memphis, TN, 38128
$ 39,999
Bedrooms3 Baths1.0 Sq 940

Monthly Estimate*

$ 246

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Single Family Home for sale in Memphis, TN

for $39,999 with 3 bedrooms and 1 full bath. This 940 square foot home was built in 1940 on a lot size of 0.45.

3 Bed / 1 Bath single-family home in Memphis (38128). The property recently completed the eviction process and is now vacant and ready for renovation. Estimated ARV around $120,000, making it a solid opportunity for investors or value-add buyers. Home will likely need cosmetic updates including paint, flooring, and kitchen/bath improvements. There is no central HVAC (currently a space heater) and roof age is unknown. Property shows typical wear from long-term tenant occupancy. Fire insurance is active through April. Great opportunity to install HVAC, complete updates, and add value.

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Single Family Active

Price

$ 39,999

Bedrooms

3

Full Bath

1

Property Type

Single Family

Taxes

$ 662

Style

Traditional

Lot Size

0.45

Year Built

1940

Town/City

Memphis

County/Region

Shelby

MLS | Web ID

10216992

Features
General
Heating Wall Unit
Cooling Window Unit(s)
Status Active Active
Full Baths 1
Half Baths 0
Legal Subdivision Name HAMMOND ADDN TO RALEIGH
Style Traditional
Stories Count 1
County Shelby
Class Residential
Type Detached Single Family
Area 735A Covington Pike - South
Parcel Number 088006 00011
Sale/Rent For Sale
Status Detail 0
Year Built 1940
Directions On I-40 W towards Jackson Ave ~ Take exit 9A from I-40 W ~ Take Old Austin Peay exit ~ Turn right onto Raleigh Lagrange Rd ~ Turn left onto East St ~ Turn right onto Old Raleigh Lagrange Rd ~ House w
City Memphis
DOM 3
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Interior
Living Room Other (See Remarks)
Beds 3
Total Baths 1
Number of Rooms 5
Downstairs Bedrooms 3
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Exterior
Pool None
Lot 45
Lot Size Area 0.45
Lot Size 99X202
Lot Description Other (See Remarks)
Misc. Exterior Other (See REMARKS)
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* Excluded Features
List By
Fast Track Realty, Llc

Broker

Affordability Calculator

$301
Per Month
82%
18%
0%
Monthly Principal & Interest
$246
Monthly Property Taxes
$55
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
3/20/2026$39,999 -10.92% Price Down
3/17/2026$44,900 Listed Price

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4356 RALEIGH-LAGRANGE RD, Memphis, TN, 38128 is a Single Family Home for sale at $39,999 with 940 sqft and a lot size of 0.45. 4356 RALEIGH-LAGRANGE RD has 3 bedrooms, 1.0 baths, and was built in 1940. The property's zip code is 38128 which is in Memphis, TN