Address
449 Fernwood Ave, Memphis, TN
Price
$ 117,900
Property Attributes
  • MLS#10223134
  • TypeSingle Family
  • Listing Status Active
  • CountySHELBY
  • CityMemphis
  • AreaSouth Memphis-61 Hwy
  • NeighborhoodPHILSAR BLK E
  • Zip38106
  • StyleTraditional
  • Year Built1950
  • Taxes$ 765
  • Price$ 117,900
  • Bedrooms5
  • Full Bathrooms2
  • Half Bathrooms1
  • Sqr Footage2235
  • Lot Size0.14 Acres
Data Source:
Memphis MLS (MAAR)
Property Description

INVESTORY ONLY! Tenant occupied and professionally managed home. This could be a great addition to your investment portfolio. Currently rent for $1520/mo with a $1395 deposit on file. Lease ends 3/31/27. Large home. Many homes in this area are being rehabbed and sold for more money. Lease, ledger, and payment/repair history are available upon request. Do not approach or disturb tenant. No showings without an accepted offer. No wholesalers, no assignment, no seller finance or creative finance. Seller is also has 1675 Haywood & 3245 Sinclair (can buy these houses in bulk or individually).

Price History
6/4/2026 Listed $117,900

General Features

Heating Central
Cooling Central
Status Active
Full Baths 2
Half Baths 1
Legal Subdivision Name PHILSAR BLK E
Style Traditional
Stories Count 1.5
County Shelby
Class Residential
Type Detached Single Family
Condo No
Area 747D
Parcel Number 049015 00004
Status Active
Annual City Tax 371
Annual County Tax 394
Sale/Rent For Sale
Area South Memphis/61 Hwy
Service Type Full Service Listing
Neighborhood Association None
Year Built 1950
Directions Take US-61 N,Turn E onto E Belz Blvd and continue as it changes to Jacklyn Ave,Turn S onto Wynton S,E onto Fernwood Ave,the property will be on your Right.
City Memphis
DOM 101

Interior Features

Dining Room 11x11
Living Room Pantry
Living Room Dimensions 16x11
Beds 5
Total Baths 2.1
Number of Rooms 9
FLOORS/CEILINGS Part Carpet

Exterior Features

Pool None
Lot 166
Lot Size Area 0.14
Lot Size 50X130
Parking Display N0
Lot Description Level
PARKING/STORAGE Other (See REMARKS)
EXTERIOR/WINDOWS Brick Veneer
Misc. Exterior Other (See REMARKS)

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 38106

Price
AVG $90K
$120K
Taxes
AVG $857
$765
Year Built
AVG 1949
1950
Visits
AVG 72
111
Data Provided by Inside Real Estate®

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