$98,900

140 E Shelby Dr Memphis, TN 38109

$1,174
Closing credit¹
3 beds
1 full
0.3 acres
House

Property details

About 140 E Shelby Dr

Great Investment Property! Being sold AS-IS! No wholesalers! ARV is $145K. Market rents are $1,050 - $1,300. Minimal Rehab of $12,050 needed to make it turnkey. SOW from preferred general contractor available! The seller is looking for offers with no inspection contingencies since the property is vacant and can be viewed anytime. VIDEO AVAILABLE UPON REQUEST!

Highlights

Home typeSingle Family Residence
HeatingCentral
StatusActive
CoolingCentral Air
Lot size0.34 Acres
Year built1961
ParkingDriveway/Pad, Carport
MLS #10192130

Virtual tour

Summary

  • MLS Number: 10192130
  • Office Name: eXp Realty, LLC

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: 4/9/2025, 3:20:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Get an agent. Get a mortgage. Save big.¹

view of front facade with an attached carport, a front lawn, roof with shingles, crawl space, and driveway

$98,900

140 E Shelby Dr

$1,174

closing credit¹

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Jun 19, 2023
Home Sold
$99,950
Feb 10, 2022
Home Sold
$50,000
Apr 30, 2014
Home Sold
$15,000
Mar 26, 2008
Home Sold
$23,000
Oct 10, 2007
Home Sold
$56,000
Mar 18, 2002
Home Sold
$62,000
Jul 30, 2001
Home Sold
$32,611

Tax history

YearAssessmentProperty Tax
2024$15,450$941
2023$15,450$941
2022$15,450$952
2021$15,450$952
2020$12,325$893
2019$12,325$893
2018$12,325$506
2017$12,325$521

History based on county public records data.

Nearby schools

3

Geeter School

Public District PK-5

0.5 mi

4649 Horn Lake Rd

3

Westhaven Elementary School

Public District PK-5

0.6 mi

4585 Hodge Rd

2

Levi Elementary School

Public District PK-5

1.6 mi

135 W Levi 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 $42,353. Residents of Memphis, TN typically earn between $35k-100k each year. Typical family type is single, no kids. Most residents in this area have post secondary degree education.

How much money do the neighbors make?

42%
<35k
44%
35k-100k
14%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree

What types of families live nearby?

49%
Single, No Kids
19%
Single, with Kids
23%
Married, No Kids
9%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

14%
<11 yrs old
8%
12-17 yrs old
18%
18-34 yrs old
42%
35-64 yrs old
18%
65+ yrs old

What do the neighbors do for fun?

  • Horse RacesHorse Races
  • NHRA Drag RacingNHRA Drag Racing
  • Mexican League SoccerMexican League Soccer

Where do the neighbors shop?

  • Stein MartStein Mart
  • Big LotsBig Lots
  • BurlingtonBurlington

Where do the neighbors go to eat?

  • LongHorn SteakhouseLongHorn Steakhouse
  • Golden CorralGolden Corral
  • Church's ChickenChurch's Chicken

What do the neighbors drive?

  • BuickBuick
  • KiaKia
  • ChevroletChevrolet

What do the neighbors listen to?

  • Contemporary InspirationalContemporary Inspirational
  • Adult StandardsAdult Standards
  • Urban Adult ContemporaryUrban Adult Contemporary
All data provided by Home Junction and Claritas

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Frequently asked questions

Living in Memphis, TN

About 140 E Shelby Dr

This home is located at 140 E Shelby Dr in Memphis, TN and zip code 38109. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since March 17, 2025 and is currently priced at $98,900.

In March 2025 more than 46 listings in Memphis, TN were sold above the asking price. During the same period more than 105 listings were sold at asking price, while more than 216 were sold below. The number of homes for sale in Memphis, TN increased by 14.8% between February and March 2025.

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

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