Sold
Last Sold Price
4 beds1,200 sqft
1190 Elder Rd, Memphis, TN 38109
Single FamilyProperty Type
0.13 acresLot Size
1973Year Built
$89/sq ftPrice per sq ft

Description

Calling all investors! Looking for a passive cash flowing investment opportunity? You've found it! Fully renovated in May 2023, updated roof in 2024, renter occupied at 950/month. 12 month lease signed August 2023, managed at 8%. No Showings without agreed contract; renter occupied. Review attached docs for lease, PMA, etc. No Seller financing offers.Calling all investors! Looking for a passive cash flowing investment opportunity? You've found it! Fully renovated in May 2023, updated roof in 2024, renter occupied at 950/month. 12 month lease signed August 2023, managed at 8%. No Showings without agreed contract; renter occupied. Review attached docs for lease, PMA, etc. No Seller financing offers.
  • Listed by: Allison Holden • BHHS McLemore & Co., Realty
Listing closed: 05/31/2024 12:00 AM • Source: MAARMLS, MLS#: 10156105

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Recent comparable sales

Median sold price

$110,000

Avg days on market

60

Sale-to-list ratio

114.5%

Memphis, TN

9 comparable properties found

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Square Feet
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Location

Listing Courtesy of BHHS McLemore & Co., Realty

Sold By CrestCore Realty MphsBrokerage

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Payment Calculator

$639 per month

30 year fixed, 7.03% Interest

Principal and Interest

$571

Property Taxes

$68

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 1190 Elder Road

Property Details
  • Taxes: $810 / year
  • MLS Type: Residential / Detached Single Family / No
  • Area: 761B
  • Style: Traditional
  • MAAR Subdivision Name: MITCHELL RD SCHOOL
  • Legal Subdivision Name: MITCHELL RD SCHOOL SEC A
Building Information
  • Stories: 1
  • Year Built: 1973
  • Lot Size: 0.13 AC / 5,662 SF
Summary
Location and General Information
  • Address: 1190 ELDER RD
  • Address Search Number: 1190
  • Cross Street: Rebah Rd
  • Directions: Going South on I55, turn West on Mitchell Rd, then South on Rebah Rd, then East on Elder. Home will be on second your left.
  • Map Coordinate: B
  • MLS Map Num: T.O. Fuller Park
  • Neighborhood Association: None
Parking
  • Attached Detached Parking: Attached
  • Parking Display: 0A
  • Parking/Storage: Driveway/Pad
Taxes and HOA Information
  • LVT Date: 09-07-2023
Property
Lot Information
  • Lot Size: 50X120
  • Acreage: .13
  • Lot Num: 10
  • Lot Description: Chain Fenced, Level
  • Parcel ID: 082003 00002
Property and Assessments
  • Detached Unit Type: General Residential
  • Foundation: Slab
  • Prop Construction Status: Existing Property
  • Security: Iron Door(s), Smoke Detector(s)
  • Service Type: Full Service Listing
Utilities
  • Cooling: Central
  • Water & Sewer: Gas Water Heater, Public Sewer, Public Water
Interior and Exterior Features
Exterior Features
  • Exterior/Windows: Aluminum Window(s), Brick Veneer
  • Misc Exterior: Wrought Iron Security Drs, Porch, Sidewalks
  • Misc. Interior: Smoke Detector(s)
  • Pool Description: None
  • Roof: Composition Shingles
Interior Features
  • 1st Story Floor Plan: 1 Bath, 2nd Bedroom, 3rd Bedroom, 4th of More Bedrooms, Dining Room, Kitchen, Living Room, Primary Bedroom
  • Additional Br/Bath Info: All Bedrooms Down, Full Bath Down, Renovated Bathroom
  • Apprx Heated Sq Ft Range: 1200-1399
  • Bedroom 2 Description: Level 1
  • Bedroom 3 Description: Level 1
  • Bedroom 4 Description: Level 1
  • Bedrooms Down: 4.0
  • Den Great Room Dimensions: 0x0
  • Dining Room Dimensions: 0x0
  • Floors/Ceilings: Textured Ceiling, Wood Laminate Floors
  • Heating: Central
  • Living Room Dimensions: 0x0
  • Living/Dining/Kitchen: Separate Living Room, Updated/Renovated Kitchen, Washer/Dryer Connections
  • Total Baths: 1

Property History for 1190 Elder Road

DateEvent & SourcePriceAppreciation
Dec 23, 2025

Temporarily Off Market

MAARMLS #10200519

—
Jul 3, 2025

Listed (Active)

MAARMLS #10200519

$122,500—
May 31, 2024

Sold

MAARMLS #10156105

$107,000—
DateEvent & SourcePrice
12/23/2025

Temporarily Off Market

MAARMLS #10200519

—
07/03/2025

Listed (Active)

MAARMLS #10200519

$122,500
05/31/2024

Sold

MAARMLS #10156105

$107,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 1190 Elder Road

Taxable ValueLand$1,575Additions$25,500Total$27,075
Tax Record2025$728 ($61 / month)
Home Facts
Beds4Baths1Total Finished SqFt1,230 SqFtAbove Grade Finished SqFt1,230 SqFtStories1Lot Size6,000 SqFtStyleSingle Family ResidenceYear Built1973Year Renovated1998ZoningR-6CountySHELBYAPN08-2003-0-0002

Schools near 1190 Elder Road

This home is within Memphis-Shelby County Schools.
Rating
School
Type
Grades
Distance
Charter - PK to 5
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Ford Road Elementary School
PublicPK to 5

Chickasaw Junior High School
Public6 to 8

Mitchell High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 1190 Elder Road, Memphis, TN 38109
$107,000
4
1,200
5,662
–
4
1
1,260
10,800
$64,000
3
1
1,077
6,000
–
–
–
–
8,800
$67,000
4
1
1,260
6,240
–
4
3
1,755
6,240

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of BHHS McLemore & Co., Realty

The data relating to real estate listings on this website comes in part from the Internet Data Exchange (IDX) program of Multiple Listing Services of MAAR, Reelfoot Regional AOR and Central West Tennessee Association of Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listings provided by brokerages other than Compass are identified with the MAAR, Reelfoot Regional AOR and Central West Tennessee Association of Realtors logo. All Information Is Deemed Reliable But Is Not Guaranteed Accurate. All information should be verified by the recipient and none is guaranteed as accurate by MAAR, Reelfoot Regional AOR and Central West Tennessee Association of Realtors. Listing information Copyright© 2026 MLS of MAAR, Reelfoot Regional AOR and Central West Tennessee Association of Realtors, Inc. All Rights Reserved.