386 Elder Rd

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per Sq. Ft.

Description

Investors only! Tenant occupied 3 bed 1.5 bath home. Currently rented at $1498/mo. This could be a great addition to your rental portfolio. Seller also selling 1902 Farrington, and 905 Annie. Can buy in bulk or individually. No sign in the yard. Please do not disturb or approach the tenant. No Creative or Owner Financed Offers. No Wholesale or Assignment.Investors only! Tenant occupied 3 bed 1.5 bath home. Currently rented at $1498/mo. This could be a great addition to your rental portfolio. Seller also selling 1902 Farrington, and 905 Annie. Can buy in bulk or individually. No sign in the yard. Please do not disturb or approach the tenant. No Creative or Owner Financed Offers. No Wholesale or Assignment.
  1. Listed by Tyler Tapley • Crye-Leike, Inc., REALTORS

Property Details for 386 Elder Road

Area
762B
Style
Traditional
MAAR Subdivision Name
J E WALKER HOMES
Legal Subdivision Name
J E WALKER HOMES
LISTING UPDATED: 01/20/2026 09:26 AM

Property Details for 386 Elder Road

StatusActive
MLS #10213197
Days on Market11
Taxes$1,015 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Detached Single Family / No
Year Built1954
Lot Size0.20 AC / 8,712 SF
CountyShelby County

Location

Listing Courtesy of Crye-Leike, Inc., REALTORS
Add your commute

Building Information for 386 Elder Road

Stories1Year Built1954Building Size-Lot Size0.20 AC / 8,712 SF

Payment Calculator

$621 per month

30 year fixed, 6.15% Interest

Principal and Interest

$536

Property Taxes

$85

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 386 Elder Road

Summary
Location and General Information
  • Address: 386 ELDER RD
  • Address Search Number: 386
  • Directions: Take US-61 S, Turn W onto E Mitchell Rd, S onto Rochester Rd, W onto Elder Rd. The property will be on your R.
  • Geo Match Code: 0
  • Geo Matched Method: 0
  • Geo Quality: .95
  • Geo Update Timestamp: 01-19-2026
  • Geo Zoom Level: 16.00
  • Map Coordinate: B
  • MLS Map Num: Mitchell/Westwood
  • Neighborhood Association: None
Parking
  • Parking Display: N0
  • Parking/Storage: Driveway/Pad
Taxes and HOA Information
  • LVT Date: 01-19-2026
Property
Lot Information
  • Lot Size: 46X152
  • Acreage: .20
  • Lot Num: 16
  • Lot Description: Some Trees
  • Parcel ID: 075087 00024
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: Vinyl Siding
  • Misc Exterior: Wrought Iron Security Drs, Porch, Patio
  • Pool Description: None
Interior Features
  • Num of Fireplaces: 0.0
  • Additional Br/Bath Info: All Bedrooms Down
  • Bedrooms Down: 3.0
  • Den Great Room Dimensions: 18x16
  • Dining Room Dimensions: 0x0
  • Floors/Ceilings: Tile
  • Heating: Central
  • Kitchen Dimensions: 17x8
  • Living Room Dimensions: 16x12
  • Living/Dining/Kitchen: Pantry
  • Total Baths: 1

Property History for 386 Elder Road

DateEvent & SourcePriceAppreciation
Jan 19, 2026

Listed (Active)

MAARMLS #10213197

$110,000—
Nov 7, 2023

Sold (Public Record)

Public Record #1521446245

$76,750—
Nov 7, 2023

Sold

MAARMLS #10151964

$76,750—
Oct 14, 2023

Contract Signed

MAARMLS #10151964

—
Oct 10, 2023

Price Change

MAARMLS #10151964

$79,900—
Oct 10, 2023

Listed (Active)

MAARMLS #10151964

—
Sep 19, 2023

Temporarily Off Market

MAARMLS #10151964

—
Sep 4, 2023

Price Change

MAARMLS #10151964

$89,900—
Aug 22, 2023

Price Change

MAARMLS #10151964

$99,900—
Jul 11, 2023

Price Change

MAARMLS #10151964

$115,900—
Jul 11, 2023

Price Change

MAARMLS #10151964

$99,900—
Jul 11, 2023

Price Change

MAARMLS #10151964

$89,900—
Jul 11, 2023

Listed (Active)

MAARMLS #10151964

$79,900—
DateEvent & SourcePrice
01/19/2026

Listed (Active)

MAARMLS #10213197

$110,000
11/07/2023

Sold (Public Record)

Public Record #1521446245

$76,750
11/07/2023

Sold

MAARMLS #10151964

$76,750
10/14/2023

Contract Signed

MAARMLS #10151964

—
10/10/2023

Price Change

MAARMLS #10151964

$79,900
10/10/2023

Listed (Active)

MAARMLS #10151964

—
09/19/2023

Temporarily Off Market

MAARMLS #10151964

—
09/04/2023

Price Change

MAARMLS #10151964

$89,900
08/22/2023

Price Change

MAARMLS #10151964

$99,900
07/11/2023

Price Change

MAARMLS #10151964

$115,900
07/11/2023

Price Change

MAARMLS #10151964

$99,900
07/11/2023

Price Change

MAARMLS #10151964

$89,900
07/11/2023

Listed (Active)

MAARMLS #10151964

$79,900

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

Public Records for 386 Elder Road

Taxable ValueLand$1,900Additions$17,375Total$19,275
Tax Record2024$1,269 ($106 / month)
Home Facts
Beds3Baths1Total Finished SqFt1,168 SqFtAbove Grade Finished SqFt1,168 SqFtStories1Lot Size9,017 SqFtStyleSingle Family ResidenceYear Built1954Year Renovated1989ZoningR-6CountySHELBYAPN075-087- - -00024Fireplace TypeHas Fireplace

Schools near 386 Elder Road

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

Memphis School of Excellence Cordova
Charter6 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.

Similar Homes

Similar Sold Homes

386 Elder Road is a single family home for sale in Memphis, TN 38109. This property was listed for sale on January 19, 2026 by Crye-Leike, Inc., REALTORS, it's currently listed at $110,000. It has been on the market for a total of 11 days and was last sold on November 7, 2023. This listing's school district is Shelby County Schools. Nearby schools include Ford Road Elementary School, Chickasaw Junior High School and Mitchell High School. 386 Elder Road is a 3-bed, 2-bath, single family home built in 1954.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims 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 discretion of the seller. 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 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 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 and Central West Tennessee Association of Realtors. Listing information Copyright© 2026 MLS of MAAR and Central West Tennessee Association of Realtors, Inc. All Rights Reserved.