Last Sold Price
2 beds825 sqft$157/sqft
4064 Reed Ave, Memphis, TN 38108

Description

Attention investors! 4064 Reed Ave is a fully renovated 2BR/1BA, 825 SF turnkey rental offering strong, stable cash flow and low-maintenance ownership. Currently leased at $975/month through 2/11/2028 with a 5.27% cash-on-cash return. Major improvements include a NEW 30-year architectural roof, NEW 2.5-ton Carrier HVAC system, and a FULL interior renovation featuring fresh paint, trim, lighting, doors, and fixtures. The kitchen has been completely updated with new cabinets, countertops, sink, and...Attention investors! 4064 Reed Ave is a fully renovated 2BR/1BA, 825 SF turnkey rental offering strong, stable cash flow and low-maintenance ownership. Currently leased at $975/month through 2/11/2028 with a 5.27% cash-on-cash return. Major improvements include a NEW 30-year architectural roof, NEW 2.5-ton Carrier HVAC system, and a FULL interior renovation featuring fresh paint, trim, lighting, doors, and fixtures. The kitchen has been completely updated with new cabinets, countertops, sink, and faucet, along with new LVP flooring. The bathroom has been fully remodeled with a new tub, tile, vanity, toilet, and fixtures. Additional upgrades include a new water heater, smart locks, updated electrical/lighting, and exterior improvements including paint, siding repairs, fencing, driveway, and landscaping. Do not approach or disturb tenants, no showings without an accepted offer. No wholesalers, assignments, or creative financing! Owner/Agent
LISTING CLOSED: 06/04/2026 12:00 AM

  1. Listed by James Wachob • Foundation Property Management

Property Details for 4064 Reed Avenue

Status
MLS #
10203704
Days on Market
259
Taxes
$693 / year
HOA Fees
-
Condo/Co-op Fees
-
Property Type
MLS Type
Residential / Detached Single Family / No
Year Built
1951
Lot Size
0.14 AC / 6,098 SF
Area
752B
Style
Traditional
MAAR Subdivision Name
C M KEE
Legal Subdivision Name
KEE C M A,B&C

Location

Listing Courtesy of Foundation Property Management

Sold By Foundation Property Management

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Building Information for 4064 Reed Avenue

Stories1Year Built1951Building Size-Lot Size0.14 AC / 6,098 SF

Payment Calculator

$718 per month

30 year fixed, 6.55% Interest

Principal and Interest

$660

Property Taxes

$58

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 4064 Reed Avenue

Summary
Location and General Information
  • Address: 4064 REED AVE
  • Address Search Number: 4064
  • Directions: From N Graham St, go East on Reed Ave; property on left.
  • Geo Match Code: 0
  • Geo Matched Method: 0
  • Geo Quality: .95
  • Geo Update Timestamp: 08-15-2025
  • Geo Zoom Level: 16.00
  • Map Coordinate: B
  • MLS Map Num: Kingsbury
  • Neighborhood Association: None
Parking
  • Parking Display: N1
  • Parking/Storage: Driveway/Pad
Taxes and HOA Information
  • LVT Date: 08-15-2025
Property
Lot Information
  • Lot Size: 50X125
  • Acreage: .14
  • Lot Num: 31
  • Lot Description: Level
  • Parcel ID: 053044 00021
Property and Assessments
  • Detached Unit Type: General Residential
  • Prop Construction Status: Existing Property
  • Service Type: Full Service Listing
Utilities
  • Cooling: Central
  • Water & Sewer: Public Sewer, Public Water
Interior and Exterior Features
Exterior Features
  • Exterior/Windows: Aluminum Window(s), Wood/Composition
  • Misc Exterior: Storage Building
  • Pool Description: None
Interior Features
  • Additional Br/Bath Info: All Bedrooms Down
  • Apprx Heated Sq Ft Range: 800-999
  • Bedrooms Down: 2.0
  • Den Great Room Dimensions: 0x0
  • Dining Room Dimensions: 0x0
  • Floors/Ceilings: Other (See REMARKS)
  • Heating: Central
  • Living Room Dimensions: 0x0
  • Living/Dining/Kitchen: Other (See Remarks)
  • Total Baths: 1

Property History for 4064 Reed Avenue

DateEvent & SourcePriceAppreciation
Jun 4, 2026

Sold (Public Record)

Public Record #1942691980

$129,900

+96.7% / yr

Jun 4, 2026

Sold

MAARMLS #10203704

$129,900
May 4, 2026

Contract Signed

MAARMLS #10203704

DateEvent & SourcePrice
06/04/2026

Sold (Public Record)

Public Record #1942691980

$129,900

+96.7% / yr

06/04/2026

Sold

MAARMLS #10203704

$129,900
05/04/2026

Contract Signed

MAARMLS #10203704

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

Public Records for 4064 Reed Avenue

Taxable ValueLand$3,575Additions$13,875Total$17,450
Tax Record2025$469 ($39 / month)
Home Facts
Beds2Baths1Total Finished SqFt825 SqFtAbove Grade Finished SqFt825 SqFtStories1Lot Size6,250 SqFtStyleSingle Family ResidenceYear Built1951Year Renovated1951ZoningR-6CountySHELBYAPN05-3044-0-0021

Schools near 4064 Reed Avenue

This home is within 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
Wells Station Elementary School
PublicPK to 5

Kingsbury Middle School
Public6 to 8

Kingsbury High School
Public9 to 12

Kingsbury Vocational 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: 4064 Reed Avenue, Memphis, TN 38108
$129,900
2
825
6,098
2
1
715
6,795
$17,000
3
1,113
6,098
3
2
1,291
6,229
$108,000
4
1,092
6,098
2
1
1,103
6,250

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 Foundation Property Management

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.