Sold
Last Sold Price
91,200 sqft
4990 Stage Rd, Memphis, TN 38128
Multi FamilyProperty Type
6.97 acresLot Size
1975Year Built
$12/sq ftPrice per sq ft

Description

Features 2, 3 & 4 bdrm townhomes. Each unit has covered parking & W/D connections. Unit mix is a major competitive advantage and huge draw for residents. An opportunity to create "upper end" luxury apt complex which is desperately need in this submarket.Features 2, 3 & 4 bdrm townhomes. Each unit has covered parking & W/D connections. Unit mix is a major competitive advantage and huge draw for residents. An opportunity to create "upper end" luxury apt complex which is desperately need in this submarket.
  • Listed by: Steven Woodyard • Woodyard Realty Corp
Listing closed: 09/23/2009 12:00 AM • Source: MAARMLS, MLS#: 3178656

Recent comparable sales

Median sold price

$1,024,000

Memphis, TN

9 comparable properties found

1

$1,067,960

Sold 05/28/25

Unavailable
Bedrooms
Unavailable
Bathrooms
4,288
Square Feet
0.67
Acres
2

$950,000

Sold 10/28/25

Unavailable
Bedrooms
Unavailable
Bathrooms
6,860
Square Feet
0.93
Acres
3

$1,000,000

Sold 01/07/26

Unavailable
Bedrooms
Unavailable
Bathrooms
10,204
Square Feet
8.18
Acres
4

$1,024,000

Sold 10/23/25

Unavailable
Bedrooms
Unavailable
Bathrooms
12,559
Square Feet
1.43
Acres
5

$1,100,000

Sold 09/11/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
4.08
Acres
6

$1,421,000

Sold 02/26/26

Unavailable
Bedrooms
Unavailable
Bathrooms
16,738
Square Feet
1.37
Acres
7

$1,225,000

Sold 03/16/26

Unavailable
Bedrooms
Unavailable
Bathrooms
3,224
Square Feet
0.44
Acres
8

$675,000

Sold 04/25/25

Unavailable
Bedrooms
Unavailable
Bathrooms
16,485
Square Feet
1.1
Acres
9

$675,000

Sold 03/26/26

Unavailable
Bedrooms
Unavailable
Bathrooms
9,326
Square Feet
0.80
Acres

Location

Listing Courtesy of Woodyard Realty Corp

Sold By Woodyard Realty Corp

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Payment Calculator

$8,760 per month

30 year fixed, 6.71% Interest

Principal and Interest

$5,426

Property Taxes

$3,334

HOA Dues

$0

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Property Information for 4990 Stage Road

Property Details
  • Taxes: $40,008 / year
  • MLS Type: Multi-Family / Apartment Complex
  • Area: 733A
  • MAAR Subdivision Name: SUNRIDGE AT RALEIGH PT
  • Legal Subdivision Name: SUNRIDGE AT RALEIGH PT
Building Information
  • Stories: 2
  • Residences: 51
  • Year Built: 1975
  • Lot Size: 6.97 AC / 303,613 SF
Summary
Location and General Information
  • Address: 4990 STAGE ROAD
  • Address Search Number: 4990
  • Directions: From Stage Road go north on Covington Pike, turn left onto Golightly.
  • Map Coordinate: A
  • MLS Map Num: Raleigh - Southeast
Taxes and HOA Information
  • Hot Water: Electrical, Public Water, Public Sewer
Property
Lot Information
  • Lot Size: 6.97 Acres
  • Lot Num: 1 2 5&6
  • Parcel ID: 087053 00050
  • Zoning: R-TH
Property and Assessments
  • Foundation: Slab
  • Percent Occupancy: 51
  • Service Type: Full Service Listing
Interior and Exterior Features
Exterior Features
  • Roof: Pitched
Interior Features
  • Appliances / Equipment: Refrigerator, Range/Oven (Freestanding), Disposal, Dishwasher
Multi Family
Multi-Family Information
  • Num of 1 Bedroom Units: 0
  • Num of 2 Bedroom Units: 12
  • Num of 3 Bedroom Units: 33
  • Num of Efficiency Studio Units: 0
  • Num of Buildings: 12
  • Num Other Units: 6
  • Assumption: No Assumption
  • Construction: Other (See Remarks)
  • Cooling Systems: Central, Electrial
  • Existing Financing: Other (See REMARKS)
  • Heating Systems: Central, Electrical
  • Laundry: Connections
  • Operating Expenses: Management, Insurance, Some Utilities, Repairs/Maintenance, Pest Control, Taxes, Accounting/Legal, Services, Payroll, Advertising
  • Parking Facility: Asphalt/Blacktop, Covered
  • Possession: At Closing, Tenants Rights
  • Sale Includes: Building and Land, Some Equipment, All Appliances, Signage
  • Source Of Info: Owner
  • Tenant Pays: Heating, Gas, Electric, Water/Sewer, Security Deposit
  • Trade Business Name: Sunridge Townhomes
  • Type Units: 2 BR - 1+ Baths, 3 BR - 1+ Baths, 4 or More Bedrooms

Property History for 4990 Stage Road

DateEvent & SourcePriceAppreciation
Sep 23, 2009

Sold

MAARMLS #3178656

$1,050,000
Sep 3, 2009

Contract Signed

MAARMLS #3178656

Jul 16, 2009

Listed (Active)

MAARMLS #3178656

$1,200,000
DateEvent & SourcePrice
09/23/2009

Sold

MAARMLS #3178656

$1,050,000
09/03/2009

Contract Signed

MAARMLS #3178656

07/16/2009

Listed (Active)

MAARMLS #3178656

$1,200,000

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

Schools near 4990 Stage 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 - 9 to 12
Rating
School
Distance
Brownsville Rd Elementary School
PublicPK to 5

Craigmont Middle School
Public6 to 8

Craigmont High School
Public9 to 12

City University School of Independence
Charter9 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: 4990 Stage Road, Memphis, TN 38128
$1,050,000
91,200
303,613
$2,400,000
1,979
303,657
$58,000
3
1,988
5,227
3
2
2,943
13,764
$240,000
4
2,186
10,890
$210,000
4
2,486
12,632

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 Woodyard Realty Corp

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.