Active
3 beds
380 Elder Rd, Memphis, TN 38109
Est: $575/moGet pre-approved
Single FamilyProperty Type
0.19 acresLot Size
1955Year Built

Description

Investor-friendly opportunity with immediate rental income! This recently renovated 3-bedroom, 1-bath home is tenant occupied with a lease in place from 7/1/2026 through 7/1/2028, offering stability from day one. Updated and income-producing, this property is a great addition to any rental portfolio. Ideal for investors seeking a turnkey, cash-flowing asset with a long-term tenant already secured.Investor-friendly opportunity with immediate rental income! This recently renovated 3-bedroom, 1-bath home is tenant occupied with a lease in place from 7/1/2026 through 7/1/2028, offering stability from day one. Updated and income-producing, this property is a great addition to any rental portfolio. Ideal for investors seeking a turnkey, cash-flowing asset with a long-term tenant already secured.
29 days on Market
  • Listed by: Trevor Wallace • Crye-Leike, Inc., REALTORS
Last updated: 08/28/2026 10:10 AM • Source: MAARMLS, MLS#: 10229259

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Location

Listing Courtesy of Crye-Leike, Inc., REALTORS
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$575 per month

30 year fixed, 6.71% Interest

Principal and Interest

$516

Property Taxes

$59

HOA Dues

$0

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Property Information for 380 Elder Road

Property Details
  • Taxes: $709 / year
  • MLS Type: Residential / Detached Single Family / No
  • Area: 762B
  • Style: Traditional
  • MAAR Subdivision Name: J E WALKER HOMES
  • Legal Subdivision Name: J E WALKER HOMES
Building Information
  • Stories: 1
  • Year Built: 1955
  • Lot Size: 0.19 AC / 8,276 SF
Summary
Location and General Information
  • Address: 380 ELDER RD
  • Address Search Number: 380
  • Directions: From Mitchell Rd and Horn Lake, Go West On Mitchell To Left On Rochester To Right On Elder Road. 380 Elder Road Will Be On Your Right
  • Geo Match Code: 0
  • Geo Matched Method: 0
  • Geo Quality: .95
  • Geo Update Timestamp: 08-28-2026
  • Geo Zoom Level: 18.00
  • Map Coordinate: B
  • MLS Map Num: Mitchell/Westwood
  • Neighborhood Association: None
Parking
  • Parking Display: N
  • Parking/Storage: Other (See REMARKS)
Taxes and HOA Information
  • LVT Date: 08-27-2026
Property
Lot Information
  • Lot Size: 48X150
  • Acreage: .19
  • Lot Num: 15
  • Lot Description: Other (See Remarks)
  • Parcel ID: 075087 00023
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: Other (See Remarks)
  • Misc Exterior: Other (See REMARKS)
  • Pool Description: None
Interior Features
  • Additional Br/Bath Info: All Bedrooms Down, 1 or More BR Down, Primary Down, Renovated Bathroom
  • Den Great Room Dimensions: NA
  • Dining Room Dimensions: NA
  • Floors/Ceilings: Vinyl/Luxury Vinyl Floor
  • Heating: Central
  • Living Room Dimensions: NA
  • Living/Dining/Kitchen: Separate Living Room, Eat-In Kitchen
  • Total Baths: 1

Property History for 380 Elder Road

DateEvent & SourcePriceAppreciation
Aug 25, 2026

Listed (Active)

MAARMLS #10229259

$99,900
Jan 2, 2026

Permanently Off Market

MAARMLS #10205045

Jan 2, 2026

Permanently Off Market

REALTRACS #3084038

$69,900
DateEvent & SourcePrice
08/25/2026

Listed (Active)

MAARMLS #10229259

$99,900
01/02/2026

Permanently Off Market

MAARMLS #10205045

01/02/2026

Permanently Off Market

REALTRACS #3084038

$69,900

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

Public Records for 380 Elder Road

Taxable ValueLand$1,875Additions$11,575Total$13,450
Tax Record2025$362 ($30 / month)
Home Facts
Beds3Baths1Total Finished SqFt808 SqFtAbove Grade Finished SqFt808 SqFtStories1Lot Size8,325 SqFtStyleSingle Family ResidenceYear Built1954Year Renovated1954ZoningR-6CountySHELBYAPN07-5087-0-0023

Schools near 380 Elder 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
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

Southwest Career And Technical 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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380 Elder Road is a single family home for sale in Memphis, TN 38109. This property was listed for sale on August 25, 2026 by Crye-Leike, Inc., REALTORS, it's currently listed at $99,900. It has been on the market for a total of 29 days and was last sold on August 19, 2024. This listing's school district is Memphis-Shelby County Schools. Nearby schools include Ford Road Elementary School, Chickasaw Junior High School and Mitchell High School. 380 Elder Road is a 3-bed, 1-bath single family home built in 1955.

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 Crye-Leike, Inc., REALTORS

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.