501 Gerald Road

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$250,000
3 beds
501 Gerald Rd, Memphis, TN 38122
Est: $1,600/moGet pre-approved

Description

Offering $10,000 in seller-paid closing costs! Excellent buy in sought-after Highpoint Terrace! You’ll love the open floor plan, rich hardwood floors throughout the living areas, smooth ceilings, and multiple spaces to gather or unwind. The primary bedroom suite is huge, offering plenty of space to retreat and relax. The separate laundry room + tons of closet space are coveted features for this era of home! The roof has been newly replaced and energy-efficient windows installed! The fridge, stove,...Offering $10,000 in seller-paid closing costs! Excellent buy in sought-after Highpoint Terrace! You’ll love the open floor plan, rich hardwood floors throughout the living areas, smooth ceilings, and multiple spaces to gather or unwind. The primary bedroom suite is huge, offering plenty of space to retreat and relax. The separate laundry room + tons of closet space are coveted features for this era of home! The roof has been newly replaced and energy-efficient windows installed! The fridge, stove, washer, and dryer will convey with the home. Nestled on a quiet street, this home is close to everything—local restaurants, shopping, the University of Memphis, and easy access to main roads. A great find in one of Memphis’s most desirable neighborhoods! Move-in ready!
LISTING UPDATED: 05/22/2026 06:27 PM

  1. Listed by Chad Woelke • Heritage Homes Co.

Property Details for 501 Gerald Road

Status
Active
MLS #
10209135
Days on Market
276
Taxes
$3,949 / year
HOA Fees
-
Condo/Co-op Fees
-
Property Type
Single Family
MLS Type
Residential / Detached Single Family / No
Year Built
1950
Lot Size
0.28 AC / 12,196 SF
County
Shelby County
Area
755A
Style
Traditional
MAAR Subdivision Name
HIGH POINT TERRACE
Legal Subdivision Name
STEPHEN FIRST ADDITION

Location

Listing Courtesy of Heritage Homes Co.
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Building Information for 501 Gerald Road

Stories1Year Built1950Building Size-Lot Size0.28 AC / 12,196 SF

Payment Calculator

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$1,600 per month

30 year fixed, 6.55% Interest

Principal and Interest

$1,271

Property Taxes

$329

HOA Dues

$0

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Property Information for 501 Gerald Road

Summary
Location and General Information
  • Address: 501 GERALD RD
  • Address Search Number: 501
  • Directions: From Walnut Grove, travel north on Graham, turn right onto Allison, turn left onto Gerald. Home is on the left.
  • Geo Match Code: 0
  • Geo Matched Method: 0
  • Geo Quality: .95
  • Geo Update Timestamp: 11-05-2025
  • Geo Zoom Level: 16.00
  • Map Coordinate: A
  • MLS Map Num: Galloway Gardens
  • Neighborhood Association: None
Parking
  • Parking Display: C2D
  • Parking/Storage: Storage Room(s), Workshop(s)
Taxes and HOA Information
  • LVT Date: 11-04-2025
Property
Lot Information
  • Lot Size: 50X158
  • Acreage: .28
  • Lot Num: 80
  • Lot Description: Level, Wood Fenced
  • Parcel ID: 055001 00034
Property and Assessments
  • Detached Unit Type: General Residential
  • Foundation: Conventional
  • Prop Construction Status: Existing Property
  • Security: Burglar Alarm, Monitored Alarm System
  • Service Type: Full Service Listing
Utilities
  • Cooling: Central
  • Water & Sewer: Electric Water Heater, Public Sewer, Public Water
Interior and Exterior Features
Exterior Features
  • Exterior/Windows: Aluminum Window(s), Aluminum/Steel Siding, Brick Veneer, Vinyl Siding, Vinyl Windows
  • Misc Exterior: Storage Building, Patio, Covered Patio, Wood Fence
  • Misc. Interior: All Window Treatments, Security System, Monitored Alarm
  • Pool Description: None
  • Roof: Composition Shingles
Interior Features
  • 1st Story Floor Plan: 2 or More Baths, 2nd Bedroom, 3rd Bedroom, Breakfast Room, Den/Great Room, Dining Room, Kitchen, Laundry Room, Living Room, Primary Bedroom
  • Additional Br/Bath Info: 1 or More BR Down, All Bedrooms Down, Double Vanity Bath, Full Bath Down, Primary Down, Split Bedroom Plan
  • Bedroom 2 Description: Carpet, Level 1, Shared Bath, Smooth Ceiling
  • Bedroom 2 Dimensions: 12x12
  • Bedroom 3 Description: Carpet, Level 1, Shared Bath, Smooth Ceiling
  • Bedroom 3 Dimensions: 12x10
  • Bedrooms Down: 3.0
  • Breakfast Dimensions: 16x9
  • Den Great Room Dimensions: 16x13
  • Dining Room Dimensions: 9x12
  • Floors/Ceilings: Part Hardwood, Smooth Ceiling, Tile, Vinyl/Luxury Vinyl Floor, Wall to Wall Carpet
  • Heating: Central
  • Interior Equipment: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Washer
  • Kitchen Dimensions: 8x12
  • Living Room Dimensions: 16x12
  • Living/Dining/Kitchen: Breakfast Bar, LR/DR Combination, Pantry, Separate Breakfast Room, Separate Den, Separate Living Room, Washer/Dryer Connections
  • Total Baths: 2

Property History for 501 Gerald Road

DateEvent & SourcePriceAppreciation
Jan 16, 2026

Price Change

MAARMLS #10209135

$250,000—
Nov 4, 2025

Price Change

MAARMLS #10209135

$265,000—
Nov 4, 2025

Listed (Active)

MAARMLS #10209135

$250,000—
DateEvent & SourcePrice
01/16/2026

Price Change

MAARMLS #10209135

$250,000
11/04/2025

Price Change

MAARMLS #10209135

$265,000
11/04/2025

Listed (Active)

MAARMLS #10209135

$250,000

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

Public Records for 501 Gerald Road

Taxable ValueLand$12,075Additions$50,175Total$62,250
Tax Record2025$1,675 ($140 / month)
Home Facts
Beds3Baths2Total Finished SqFt1,907 SqFtAbove Grade Finished SqFt1,907 SqFtStories1Lot Size12,324 SqFtStyleSingle Family ResidenceYear Built1950Year Renovated1950ZoningR-6CountySHELBYAPN05-5001-0-0034

Schools near 501 Gerald Road

This home is within Shelby County Schools.
Rating
School
Type
Grades
Distance
Grahamwood Elementary School
Public - PK to 5
White Station Middle School
Public - 6 to 8
White Station High School
Public - 9 to 12
Compass Community School Berclair Campus
Charter - K to 8
Rating
School
Distance
Grahamwood Elementary School
PublicPK to 5

White Station Middle School
Public6 to 8

White Station High School
Public9 to 12

Compass Community School Berclair Campus
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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More information about 501 Gerald Road, Memphis, TN 38122

501 Gerald Road is a single family home for sale in Memphis, TN 38122. This property was listed for sale on November 4, 2025 by Heritage Homes Co., it's currently listed at $250,000. It has been on the market for a total of 276 days and was last sold on March 18, 2011. This listing's school district is Shelby County Schools. Nearby schools include Grahamwood Elementary School, White Station Middle School and White Station High School. 501 Gerald Road is a 3-bed, 2-bath, single family home built in 1950.

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 Heritage Homes Co.

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.