#10196641, Listing office: BEST Real Estate Company
Property details
About 449 Fernwood Ave
INVESTORY ONLY! Tenant occupied and professionally managed home. This could be a great addition to your investment portfolio. Currently rent for $1470/mo with a $1395 deposit on file. Lease ends 3/31/26. 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).
Highlights
Home typeSingle Family Residence
HeatingCentral
StatusActive
CoolingCentral Air
Lot size0.14 Acres
Year built1950
ParkingOther (See REMARKS)
MLS #10194334
Summary
- Partial Bathrooms: 1
- Full Bathrooms: 2
- Flooring Type: Part Carpet
- Total Bedroom Count: 5
- Parking: Other (See REMARKS)
- Exterior: Other (See REMARKS)
- Architectural Style: Traditional
- Heating: Central
- Cooling: Central Air
- List Price: $122,400
- Annual Tax Amount: $708
- Tax Year: 2024
- Lot: Level
- Directions: Norris Road to Mallory to Lauderdale
- Year Built: 1950
- Stories: 1
- Lot Size: 0.14 Acres
- MLS Number: 10194334
- Office Name: Crye-Leike, Inc., REALTORS
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: 7/6/2025, 11:45:29 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Sep 20, 2023 | Home Sold | $39,000 |
| Jul 15, 2015 | Home Sold | $39,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $11,625 | $708 |
| 2023 | $11,625 | $708 |
| 2022 | $11,625 | $716 |
| 2021 | $11,625 | $716 |
| 2020 | $9,750 | $706 |
| 2019 | $9,750 | $706 |
| 2018 | $9,750 | $400 |
| 2017 | $9,750 | $445 |
History based on county public records data.
Nearby schools
3
Alton Elementary School
Public District PK-5
0.3 mi
•2020 Alton Ave
3
A. B. Hill Elementary School
Public District PK-5
1.2 mi
•345 E Olive Ave
5
Circles of Success Learning Academy
Public Charter KG-5
1.3 mi
•867 S Parkway E
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $19,949. The most common annual income of people living in Memphis, TN is less than $<35k. The most common type of family is single, no kids. Typical level of education for residents in this area is high school diploma.
How much money do the neighbors make?
79%
<35k
18%
35k-100k
3%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
What types of families live nearby?
58%
Single, No Kids
24%
Single, with Kids
12%
Married, No Kids
6%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
13%
<11 yrs old
8%
12-17 yrs old
19%
18-34 yrs old
41%
35-64 yrs old
19%
65+ yrs old
What do the neighbors do for fun?
NHRA Drag Racing
Pro Boxing
Horse Races
Where do the neighbors shop?
Big Lots
Family Dollar
Stein Mart
Where do the neighbors go to eat?
Golden Corral
White Castle
LongHorn Steakhouse
What do the neighbors drive?
Kia
Chevrolet
Buick
What do the neighbors listen to?
Adult Standards
Rock
Contemporary Inspirational
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 449 Fernwood Ave
The listing price of 449 Fernwood Ave property is $122,400.
The property 449 Fernwood Ave is a house located in Memphis, Tennessee, 38106.
Active Listing: 449 Fernwood Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 449 Fernwood Ave are: Alton Elementary School (GreatSchools Rating 3/10), A. B. Hill Elementary School (GreatSchools Rating 3/10), Circles of Success Learning Academy (GreatSchools Rating 5/10), Riverview School (GreatSchools Rating 3/10), Ida B. Wells Academy Elementary School/Middle School (GreatSchools Rating 2/10), Veritas College Preparatory (GreatSchools Rating 4/10), Carver College and Career Academy (GreatSchools Rating 1/10), Hamilton High School (GreatSchools Rating 1/10), Soulsville Charter School (GreatSchools Rating 3/10).
According to the records, the last property tax for 2024 is $708 (source: MLS/based on county public records data).
The last sale was on September 20, 2023 for $39,000 (source: MLS/tax record).
The property at 449 Fernwood Ave has 5 bedrooms and 2 full and 1 half bathrooms.
The year of construction for 449 Fernwood Ave is 1950.
This home is located at 449 Fernwood Ave in Memphis, TN and zip code 38106. Features: 5 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since April 15, 2025 and is currently priced at $122,400.
In June 2025, from all listings sold in Memphis, TN there were more than 73 sold above asking price, over 219 sold below and more than 107 were sold right at the asked price. The number of homes for sale in Memphis, TN increased by 11.9% between May and June 2025. Listings spent 35 days on the market in June 2025, and had a median list price of $224,900 during the same period.
From Rocket Homes Real Estate and based on county public records data.