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$114,900

4221 Argonne St Memphis, TN 38127

3 beds
1 full
House

Property details

About 4221 Argonne St

Investor special! This three-bedroom, two-bathroom home sits in a quiet Frayser neighborhood on a spacious corner lot and is currently tenant-occupied and cash-flowing—making it the perfect addition to any rental portfolio. Rented at $1,250 per month. Offered as part of a package deal at a discounted price point with another property - MLS#10198509 (1393 Greendale Ave)—making it a prime investment opportunity for portfolio expansion. Featuring solid construction and a large yard, this property offers long-term rental potential in an established community. Listed at a discounted rate, it’s priced to sell as is due to tenant occupancy. No showings until an accepted offer is in place. The property will be conveyed AS IS, where is. Don’t miss your chance to secure this high-yield investment opportunity!

Highlights

Home typeSingle Family Residence
HeatingCentral
StatusActive
CoolingCentral Air
Year built1959
ParkingStorage Room(s),Parking Lot
MLS #10198510
WaterfrontOther

Summary

  • Full Bathrooms: 1
  • Flooring Type: Wood Laminate Floors, Smooth Ceiling
  • Total Bedroom Count: 3
  • Parking: Storage Room(s),Parking Lot
  • Waterfront: Other
  • Exterior: Porch
  • Architectural Style: Traditional
  • Heating: Central
  • Cooling: Central Air
  • List Price: $114,900
  • Annual Tax Amount: $939
  • Tax Year: 2024
  • Lot: Other
  • Directions: From Watkins Street, turn west onto Argonne Street; property is located on the right near the end of the block.
  • Year Built: 1959
  • Stories: 1
  • MLS Number: 10198510
  • 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: 7/9/2025, 6:45:30 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
May 21, 2021
Home Sold
$48,000
May 21, 2021
Home Sold
$45,000
Feb 21, 2013
Home Sold
$17,000
Oct 04, 2005
Home Sold
$24,500

Tax history

YearAssessmentProperty Tax
2024$15,425$939
2023$15,425$939
2022$15,425$950
2021$15,425$950
2020$11,250$815
2019$11,250$815
2018$11,250$462
2017$11,250$371

History based on county public records data.

Nearby schools

3

Georgian Hills Achievement Elementary School (ASD)

Public District PK-5

0.5 mi

3930 Leweir St

4

Hawkins Mill Elementary School

Public District PK-5

0.9 mi

4295 Mountain Terrace St

3

Corning Achievement Elementary School (ASD)

Public District PK-5

1.1 mi

1662 Dabbs Ave

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 $22,912. Most Memphis, TN residents have annual incomes less than $<35k. The majority of families are single, no kids. Most residents in this area have high school diploma education.

How much money do the neighbors make?

68%
<35k
31%
35k-100k
2%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

32%
Single, No Kids
28%
Single, with Kids
22%
Married, No Kids
18%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

17%
<11 yrs old
14%
12-17 yrs old
23%
18-34 yrs old
38%
35-64 yrs old
8%
65+ yrs old

What do the neighbors do for fun?

  • Mexican League SoccerMexican League Soccer
  • NHRA Drag RacingNHRA Drag Racing
  • Pro BoxingPro Boxing

Where do the neighbors shop?

  • BurlingtonBurlington
  • Big LotsBig Lots
  • Family DollarFamily Dollar

Where do the neighbors go to eat?

  • Church's ChickenChurch's Chicken
  • Golden CorralGolden Corral
  • White CastleWhite Castle

What do the neighbors drive?

  • ChevroletChevrolet
  • KiaKia
  • BuickBuick

What do the neighbors listen to?

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

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Frequently asked questions

About 4221 Argonne St

The listing price of 4221 Argonne St property is $114,900.

The property 4221 Argonne St is a house located in Memphis, Tennessee, 38127.

Active Listing: 4221 Argonne St is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 4221 Argonne St are: Georgian Hills Achievement Elementary School (ASD) (GreatSchools Rating 3/10), Hawkins Mill Elementary School (GreatSchools Rating 4/10), Corning Achievement Elementary School (ASD) (GreatSchools Rating 3/10), Georgian Hills Middle School (GreatSchools Rating 4/10), Compass Community School Frayser Campus (GreatSchools Rating 5/10), Memphis Business Academy Middle School (GreatSchools Rating 4/10), Memphis Business Academy High School (GreatSchools Rating 4/10), Trezevant High School (GreatSchools Rating 3/10), Martin Luther King Preparatory High School (ASD) (GreatSchools Rating 3/10).

According to the records, the last property tax for 2024 is $939 (source: MLS/based on county public records data).

The last sale was on May 21, 2021 for $48,000 (source: MLS/tax record).

The property at 4221 Argonne St has 3 bedrooms and 1 bathroom.

The year of construction for 4221 Argonne St is 1959.

This home is located at 4221 Argonne St in Memphis, TN and zip code 38127 in the Frayser neighborhood. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since June 8, 2025 and is currently priced at $114,900.

Over 73 listings were sold over their listed price in June 2025 in Memphis, TN. In the same period over 219 listings were sold below the listed price and 107 listings were sold for the listed price. 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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