Sold
Last Sold Price
2 beds1,457 sqft
3615 Pearson Rd, Memphis, TN 38118
Single FamilyProperty Type
2.65 acresLot Size
1938Year Built
$113/sq ftPrice per sq ft
2 carsParking Spaces

Description

3 houses on one 2.65 acre lot! Per Chandler, size of each house is 1520/894/972 square feet. While they need work, 2 were recently rented and 1 has been partially renovated. Can be brought back to rent ready pretty fast. Lots of possibilities here- keep and rent, split up and sell, develop excess land in back, make extra lot up front and build. Very profitable venture for creative investor!3 houses on one 2.65 acre lot! Per Chandler, size of each house is 1520/894/972 square feet. While they need work, 2 were recently rented and 1 has been partially renovated. Can be brought back to rent ready pretty fast. Lots of possibilities here- keep and rent, split up and sell, develop excess land in back, make extra lot up front and build. Very profitable venture for creative investor!
  • Listed by: Jerry Couloubaritsis • Mid-South Realty, Inc.
Listing closed: 05/07/2025 12:00 AM • Source: MAARMLS, MLS#: 10193701

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Recent comparable sales

Median sold price

$172,900

Avg days on market

46

Sale-to-list ratio

97.3%

Memphis, TN

9 comparable properties found

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Location

Listing Courtesy of Mid-South Realty, Inc.

Sold By Crye-Leike, Inc., REALTORS

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Payment Calculator

$962 per month

30 year fixed, 7.03% Interest

Principal and Interest

$881

Property Taxes

$81

HOA Dues

$0

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Property Information for 3615 Pearson Road

Property Details
  • Taxes: $973 / year
  • MLS Type: Residential / Detached Single Family / No
  • Area: 771A
  • Style: Traditional
  • MAAR Subdivision Name: PEARSON
  • Legal Subdivision Name: PEARSON
Building Information
  • Stories: 1
  • Year Built: 1938
  • Lot Size: 2.65 AC / 115,434 SF
Summary
Location and General Information
  • Address: 3615 PEARSON AVE
  • Address Search Number: 3615
  • Directions: Pearson is off Lamar between Democrat and American Way.
  • Geo Match Code: 0
  • Geo Matched Method: 0
  • Geo Quality: .95
  • Geo Update Timestamp: 04-07-2025
  • Geo Zoom Level: 16.00
  • Map Coordinate: A
  • MLS Map Num: Airport/Oakhaven
  • Neighborhood Association: None
Parking
  • Parking Display: G2D
  • Parking/Storage: Driveway/Pad, Storage Room(s)
Taxes and HOA Information
  • LVT Date: 04-07-2025
Property
Lot Information
  • Lot Size: 2.65
  • Acreage: 2.65
  • Lot Num: 4&E PT 3
  • Lot Description: Some Trees, Level
  • Parcel ID: 073017 00128
Property and Assessments
  • Detached Unit Type: General Residential
  • Prop Construction Status: Existing Property
  • Service Type: Full Service Listing
Utilities
  • Cooling: Central
Interior and Exterior Features
Exterior Features
  • Exterior/Windows: Wood/Composition, Wood Window(s)
  • Misc Exterior: Storage Building
  • Pool Description: None
Interior Features
  • Additional Br/Bath Info: All Bedrooms Down, 1 or More BR Down
  • Apprx Heated Sq Ft Range: 1400-1599
  • Bedrooms Down: 2.0
  • Den Great Room Dimensions: 0x0
  • Dining Room Dimensions: 0x0
  • Floors/Ceilings: Hardwood Throughout, Part Carpet, Tile
  • Heating: Central
  • Living Room Dimensions: 0x0
  • Living/Dining/Kitchen: Separate Living Room, Separate Dining Room, Pantry, Washer/Dryer Connections
  • Total Baths: 1

Property History for 3615 Pearson Road

DateEvent & SourcePriceAppreciation
May 7, 2025

Sold (Public Record)

Public Record #1557142364

$165,000

+3.0% / yr

May 7, 2025

Sold

MAARMLS #10193701

$165,000—
Apr 16, 2025

Contract Signed

MAARMLS #10193701

—
DateEvent & SourcePrice
05/07/2025

Sold (Public Record)

Public Record #1557142364

$165,000

+3.0% / yr

05/07/2025

Sold

MAARMLS #10193701

$165,000
04/16/2025

Contract Signed

MAARMLS #10193701

—

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

Public Records for 3615 Pearson Road

Taxable ValueLand$7,600Additions$28,360Total$35,960
Tax Record2025$967 ($81 / month)
Home Facts
Beds6Baths2Total Finished SqFt3,386 SqFtAbove Grade Finished SqFt3,386 SqFtStories1Lot Size115,434 SqFtStyleSingle Family ResidenceYear Built1938Year Renovated1938ZoningR-6CountySHELBYAPN07-3017-0-0128

Schools near 3615 Pearson Road

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

American Way Middle School
Public6 to 8

Sheffield High School
Public9 to 12

Leadership Preparatory Charter School
CharterK to 8

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: 3615 Pearson Road, Memphis, TN 38118
$165,000
2
1,457
115,434
–
–
–
–
14,260
$61,000
3
1,230
6,969
$12,500
2
857
8,276
–
3
1
667
53,317
$82,900
2
1
816
15,777

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 Mid-South Realty, Inc.

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.