$215,000

1662 Ranmar Dr Memphis, TN 38016

$2,553
Closing credit¹
3 beds
2 full
0.10 acres
House

Property details

About 1662 Ranmar Dr

Great investment opportunity! This tenant-occupied, cash-flowing 3-bedroom, 2-bath home is currently rented for $1,437 per month, with a lease in place until March 5, 2026. The property is being sold with the tenant in place, making it a seamless addition to your investment portfolio. Showings will be scheduled only after an accepted offer to respect the tenant's privacy, and all photos were taken prior to tenant placement.

Highlights

Home typeSingle Family Residence
HeatingCentral
StatusActive
CoolingCentral Air
Lot size0.1 Acres
Year built1991
ParkingOther (See REMARKS)
MLS #10189899

Summary

  • Full Bathrooms: 2
  • Flooring Type: Wood Laminate Floors, Tile
  • Total Bedroom Count: 3
  • Parking: Other (See REMARKS)
  • Exterior: Other (See REMARKS)
  • Architectural Style: Traditional
  • Heating: Central
  • Cooling: Central Air
  • List Price: $215,000
  • Lot: Level
  • Directions: Take exit 12C toward Nashville onto I-40 E. Take exit 16 toward Germantown onto TN-177 S Turn left onto Dexter Rd. Turn right onto Dexter Ln. Turn right onto Palm Springs Dr. Turn right onto Ranmar Dr.
  • Year Built: 1991
  • Stories: 1
  • Lot Size: 0.1 Acres
  • MLS Number: 10189899
  • Office Name: BEST Real Estate Company

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: 5/1/2025, 6:20:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of front of home

$215,000

1662 Ranmar Dr

$2,553

closing credit¹

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Price information

Property sales

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Tax history

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Nearby schools

5

Chimneyrock Elementary School

Public District PK-5

0.5 mi

8601 Chimneyrock Blvd

6

Riverwood Elementary School

Public Magnet PK-5

0.7 mi

1330 Stern Ln

5

Memphis School of Excellence Elementary Cordova

Public Charter KG-5

0.9 mi

8360 Macon 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 $62,286. Residents of Memphis, TN typically earn between $35k-100k each year. Typical family type is single, no kids. Typical level of education for residents in this area is post secondary degree.

How much money do the neighbors make?

21%
<35k
57%
35k-100k
18%
100k-200k
4%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

46%
Single, No Kids
12%
Single, with Kids
20%
Married, No Kids
22%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

17%
<11 yrs old
7%
12-17 yrs old
28%
18-34 yrs old
38%
35-64 yrs old
10%
65+ yrs old

What do the neighbors do for fun?

  • Minor League Baseball GamesMinor League Baseball Games
  • NBA/WNBANBA/WNBA
  • Extreme SportsExtreme Sports

Where do the neighbors shop?

  • New York & CompanyNew York & Company
  • Sam's ClubSam's Club
  • Stein MartStein Mart

Where do the neighbors go to eat?

  • Chick-fil-AChick-fil-A
  • QdobaQdoba
  • White CastleWhite Castle

What do the neighbors drive?

  • KiaKia
  • InfinitiInfiniti
  • OldsmobileOldsmobile

What do the neighbors listen to?

  • Talk/PersonalityTalk/Personality
  • Active RockActive Rock
  • RockRock
All data provided by Home Junction and Claritas

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Frequently asked questions

Living in Memphis, TN

Memphis features a comprehensive transport infrastructure that includes a public transit system serving residents and visitors alike. The city's layout and road network facilitate easy commuting by car, with major highways connecting Memphis to surrounding areas. While certain neighborhoods are known for their walkability, the city as a whole is continuously working to improve pedestrian and bike paths to enhance accessibility and encourage eco-friendly modes of transport.

The community benefits from a well-rounded selection of services, including a network of public and private schools that cater to educational needs at all levels. Healthcare facilities are distributed throughout the city, offering a range of services from routine care to specialized treatments. Public libraries serve as valuable resources for residents, and the city's retail and dining establishments reflect the local culture, with an emphasis on Southern cuisine and unique boutiques.

Memphis is celebrated for its vibrant music scene and rich cultural heritage, which are integral to the city's character. The community prides itself on being the home of blues, soul, and rock 'n' roll, with landmarks such as Beale Street and the annual Memphis in May festival highlighting its musical legacy. The city's character is further defined by its friendly residents and a sense of small-town camaraderie amidst its urban setting.

Memphis offers a diverse array of housing options, with single-family homes being a significant part of the market. Architectural styles range from charming historic bungalows to sleek contemporary new builds. The housing landscape is varied, with a mix of older homes that reflect the city's rich history and newer developments that cater to modern living preferences. While the homeownership rate is robust, there is also a healthy rental market that provides options for those not looking to buy.

About 1662 Ranmar Dr

The listing price of 1662 Ranmar Dr property is $215,000.

The property 1662 Ranmar Dr is a house located in Memphis, Tennessee, 38016.

Active Listing: 1662 Ranmar Dr is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 1662 Ranmar Dr are: Chimneyrock Elementary School (GreatSchools Rating 5/10), Riverwood Elementary School (GreatSchools Rating 6/10), Memphis School of Excellence Elementary Cordova (GreatSchools Rating 5/10), Cordova Middle School (GreatSchools Rating 2/10), Kate Bond Middle School (GreatSchools Rating 3/10), Dexter Middle School (GreatSchools Rating 5/10), Cordova High School (GreatSchools Rating 4/10), Bartlett High School (GreatSchools Rating 7/10), Houston High School (GreatSchools Rating 8/10).

The property at 1662 Ranmar Dr has 3 bedrooms and 2 bathrooms.

The year of construction for 1662 Ranmar Dr is 1991.

This home is located at 1662 Ranmar Dr in Memphis, TN and zip code 38016. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since February 12, 2025 and is currently priced at $215,000.

In March 2025, from all listings sold in Memphis, TN there were more than 46 sold above asking price, over 216 sold below and more than 105 were sold right at the asked price. The inventory of homes for sale in Memphis, TN between February and March 2025 increased by 14.8%.

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

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