Address
3066 Redbud Rd, Memphis, TN
Price
$ 130,000
Property Attributes
  • MLS#10219403
  • TypeSingle Family
  • Listing Status Active
  • CountySHELBY
  • CityMemphis
  • AreaMitchell-Westwood
  • NeighborhoodBELMONT
  • Zip38109
  • StyleTraditional
  • Year Built1943
  • Taxes$ 852
  • Price$ 130,000
  • Bedrooms3
  • Full Bathrooms2
  • Half Bathrooms0
  • Sqr Footage1198
  • Lot Size0.47 Acres
Data Source:
Memphis MLS (MAAR)
Property Description

Investment opportunity with two separate units and strong rent potential!! Unit 3066 has been updated and is 3 bedrooms and 2 baths, offering increased livable space (Bonus Room) and higher rent capacity. Unit 3068 requires repairs and updates. After renovations, each unit is projected to lease for approximately $1,400–$1,550 per month with Section 8, based on current area rental rates. Property offers a solid value-add opportunity for investors seeking long-term cash flow in the area.

Price History
4/16/2026 Listed $160,000
5/20/2026 19$130,000

General Features

Heating Wall Unit
Cooling Window Unit(s)
Status Active
Full Baths 2
Legal Subdivision Name BELMONT
Style Traditional
Stories Count 1
County Shelby
Class Residential
Type Detached Single Family
Condo No
Area 762A
Parcel Number 075006 00026
Status Active
Annual City Tax 417
Annual County Tax 435
Sale/Rent For Sale
Area Mitchell/Westwood
Service Type Full Service Listing
Neighborhood Association None
Year Built 1943
Directions Going West on I-240,Take I-240 W and E Brooks Rd to Redbud Rd. Turn right onto Redbud Rd. Destination will be on the right
City Memphis
DOM 154

Interior Features

Dining Room x
Living Room Separate Living Room
Kitchen Dimensions 12x9
Living Room Dimensions 12x9
Bedroom 3 Dimensions 14x10
Bedroom 2 Dimensions 14x8
Beds 3
Total Baths 2
Number of Rooms 7
Downstairs Bedrooms 3
FLOORS/CEILINGS Vinyl/Luxury Vinyl Floor

Exterior Features

Pool None
Lot 30
Lot Size Area 0.47
Lot Size 82X250
Parking Display No
Lot Description Some Trees
PARKING/STORAGE Driveway/Pad
EXTERIOR/WINDOWS Brick Veneer
Misc. Exterior Wrought Iron Security Drs,Deck

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 38109

Price
AVG $110K
$130K
Taxes
AVG $1,227
$852
Year Built
AVG 1963
1943
Visits
AVG 81
118
Data Provided by Inside Real Estate®

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