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$164,900

1041 Richland Dr Memphis, TN 38116

3 beds
2 full
0.4 acres
House

Property details

About 1041 Richland Dr

This turnkey rental features new LVP flooring throughout, a full interior repaint, updated LED lighting, outlets, switches, and wall plates, and new pre-hung doors in every room. Two fully renovated bathrooms boast new tubs, tile, vanities, and fixtures. The kitchen remodel includes shaker cabinets, Formica counters, a new sink, and vent hood, with walls opened for a modern layout. Exterior updates include a fresh Gauntlet Grey paint with white trim, repaired siding, concrete, and roofing, all-new exterior doors with smart locks, a new mailbox, refreshed landscaping with mulch and flower beds, and fence and shed repairs. Additional upgrades include a new 40-gallon water heater, serviced HVAC (2017), new thermostat, smoke and CO detectors, and fire extinguisher. Deep cleaned and ready for Section 8 inspection, this property is ideal for a long-term hold in a stable market. TENANTED PROPERTY: DO NOT APPROACH OR DISTURB TENANTS, NO SHOWINGS WITHOUT AN ACCEPTED OFFER. Owner/Agent

Highlights

Home typeSingle Family Residence
HeatingCentral
StatusActive
CoolingCentral Air
Lot size0.38 Acres
Year built1955
ParkingDriveway/Pad,Other (See REMARKS)
MLS #10195995

Summary

  • Full Bathrooms: 2
  • Flooring Type: Vinyl/Luxury Vinyl Floor, Other (See REMARKS)
  • Total Bedroom Count: 3
  • Parking: Driveway/Pad,Other (See REMARKS)
  • Exterior: Porch, Wood Fence
  • Architectural Style: Traditional
  • Heating: Central
  • Cooling: Central Air
  • List Price: $164,900
  • Annual Tax Amount: $1,495
  • Tax Year: 2024
  • Lot: Few Trees
  • Directions: Get on I-240 S/I-69 from Doctor M.L.K. Jr Ave/Linden Ave Follow I-69. Take exit 2B from I-69 Continue on TN-175 W/E Shelby Dr. Take Elvis Presley Blvd to Richland Dr
  • Year Built: 1955
  • Stories: 1
  • Lot Size: 0.38 Acres
  • MLS Number: 10195995
  • Office Name: Foundation Property Management

Copyright© 2025 Memphis Area Association of REALTORS. The information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties that the consumer may be interested in purchasing. Information deemed reliable, but is not guaranteed accurate. Some or all of the listings displayed may not belong to the firm whose web site is being visited.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/12/2025, 10:45:28 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

DateEventPrice
Dec 17, 2009
Home Sold
$45,000
Mar 05, 2003
Home Sold
$89,000

Tax history

YearAssessmentProperty Tax
2024$24,550$1,495
2023$24,550$1,495
2022$24,550$1,551
2021$25,175$1,551
2020$15,925$1,153
2019$15,925$1,153
2018$15,925$654
2017$15,925$710

History based on county public records data.

Nearby schools

3

Holmes Road Elementary School

Public District PK-5

0.1 mi

1083 E Holmes Rd

5

Whitehaven Elementary STEM

Public Magnet PK-5

0.8 mi

4783 Elvis Presley Blvd

4

Oakshire Elementary School

Public District PK-5

1.4 mi

1765 E Holmes Rd

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $49,489. The most common annual income of people living in Memphis, TN is less than $<35k. Typical family type is single, no kids. Most residents in this area have post secondary degree education.

How much money do the neighbors make?

34%
<35k
31%
35k-100k
31%
100k-200k
4%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

35%
Single, No Kids
16%
Single, with Kids
30%
Married, No Kids
19%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

13%
<11 yrs old
10%
12-17 yrs old
19%
18-34 yrs old
48%
35-64 yrs old
10%
65+ yrs old

What do the neighbors do for fun?

  • Horse RacesHorse Races
  • BasketballBasketball
  • Mexican League SoccerMexican League Soccer

Where do the neighbors shop?

  • Stein MartStein Mart
  • Ross Dress For LessRoss Dress For Less
  • BurlingtonBurlington

Where do the neighbors go to eat?

  • LongHorn SteakhouseLongHorn Steakhouse
  • Jasons DeliJasons Deli
  • Church's ChickenChurch's Chicken

What do the neighbors drive?

  • BuickBuick
  • AcuraAcura
  • ChevroletChevrolet

What do the neighbors listen to?

  • Contemporary InspirationalContemporary Inspirational
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • Urban Adult ContemporaryUrban Adult Contemporary
All data provided by Home Junction and Claritas

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Frequently asked questions

About 1041 Richland Dr

The listing price of 1041 Richland Dr property is $164,900.

The property 1041 Richland Dr is a house located in Memphis, Tennessee, 38116.

Active Listing: 1041 Richland Dr is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 1041 Richland Dr are: Holmes Road Elementary School (GreatSchools Rating 3/10), Whitehaven Elementary STEM (GreatSchools Rating 5/10), Oakshire Elementary School (GreatSchools Rating 4/10), J. P. Freeman Elementary/Middle (GreatSchools Rating 8/10), Havenview Middle School (GreatSchools Rating 3/10), Freedom Preparatory Academy Whitehaven Middle at Brownlee Ca (GreatSchools Rating 4/10), Whitehaven High School (GreatSchools Rating 5/10), City University School of Liberal Arts (GreatSchools Rating 4/10), Fairley High School (ASD) (GreatSchools Rating 2/10).

According to the records, the last property tax for 2024 is $1,495 (source: MLS/based on county public records data).

The last sale was on December 17, 2009 for $45,000 (source: MLS/tax record).

The property at 1041 Richland Dr has 3 bedrooms and 2 bathrooms.

The year of construction for 1041 Richland Dr is 1955.

This home is located at 1041 Richland Dr in Memphis, TN and zip code 38116 in the Whitehaven neighborhood. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since May 6, 2025 and is currently priced at $164,900.

While more than 73 listings in Memphis, TN in June 2025 were sold above asking price, there were more than 107 listings sold at asking price, and more than 219 were sold below. Between May and June 2025, Memphis, TN real estate market has seen increase in the number of listings by 11.9%. In June 2025 median list price was $224,900 and the average listing age was 35 days.

From Rocket Homes Real Estate and based on county public records data.

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