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$135,000

4545 Verne Rd Memphis, TN 38117

2 beds
1 full
0.2 acres
House

Property details

About 4545 Verne Rd

Welcome to 4545 Verne Rd—a solid investment opportunity in the desirable colonial acres neighborhood of Memphis! Currently rented for $1,250/month with a long-term tenant in place. The tenant is on a month-to-month lease, offering flexibility for future plans. Conveniently located near local amenities in east Memphis, schools, and I-240. Minutes from the Fed Ex HUB! Please do not disturb the tenant. All showings will take place during the inspection period after an accepted offer.

Highlights

Home typeSingle Family Residence
HeatingCentral
StatusActive
CoolingCentral Air
Lot size0.19 Acres
Year built1950
ParkingDriveway/Pad
MLS #10201541
WaterfrontOther

Summary

  • Full Bathrooms: 1
  • Flooring Type: Other (See REMARKS)
  • Total Bedroom Count: 2
  • Parking: Driveway/Pad
  • Waterfront: Other
  • Exterior: Chain Fence, Storage
  • Architectural Style: Traditional
  • Heating: Central
  • Cooling: Central Air
  • List Price: $135,000
  • Annual Tax Amount: $1,984
  • Tax Year: 2024
  • Lot: Other
  • Directions: South on Perkins from Park, Right on Verne.
  • Year Built: 1950
  • Stories: 1
  • Lot Size: 0.19 Acres
  • MLS Number: 10201541
  • Office Name: Marathon REALTORS, 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: 7/18/2025, 8:45:29 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
Mar 15, 2013
Home Sold
$36,000

Tax history

YearAssessmentProperty Tax
2024$32,575$1,984
2023$32,575$1,984
2022$32,575$883
2021$32,575$883
2020$19,300$1,398
2019$19,300$1,398
2018$19,300$793
2017$19,300$735

History based on county public records data.

Nearby schools

4

Willow Oaks Elementary School

Public Magnet PK-5

0.6 mi

4417 Willow Rd

5

Leadership Preparatory Charter School

Public Charter KG-6

0.9 mi

4190 Elliston Rd

7

Sea Isle Elementary School

Public District PK-5

1.3 mi

5250 Sea Isle 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 $63,739. Most Memphis, TN residents have annual incomes between $35k-100k. Typical family type is single, no kids. Most residents in this area have post secondary degree education.

How much money do the neighbors make?

25%
<35k
52%
35k-100k
21%
100k-200k
2%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

51%
Single, No Kids
5%
Single, with Kids
30%
Married, No Kids
14%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

10%
<11 yrs old
4%
12-17 yrs old
25%
18-34 yrs old
34%
35-64 yrs old
27%
65+ yrs old

What do the neighbors do for fun?

  • PGA/LPGAPGA/LPGA
  • Hiking/backpackingHiking/backpacking
  • Figure SkatingFigure Skating

Where do the neighbors shop?

  • Chico'sChico's
  • Nordstrom RackNordstrom Rack
  • Stein MartStein Mart

Where do the neighbors go to eat?

  • Cracker BarrelCracker Barrel
  • ChipotleChipotle
  • Bonefish GrillBonefish Grill

What do the neighbors drive?

  • BuickBuick
  • MazdaMazda
  • LincolnLincoln

What do the neighbors listen to?

  • Soft Adult ContemporarySoft Adult Contemporary
  • RockRock
  • ClassicalClassical
All data provided by Home Junction and Claritas

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Frequently asked questions

About 4545 Verne Rd

The listing price of 4545 Verne Rd property is $135,000.

The property 4545 Verne Rd is a house located in Memphis, Tennessee, 38117.

Active Listing: 4545 Verne Rd is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 4545 Verne Rd are: Willow Oaks Elementary School (GreatSchools Rating 4/10), Leadership Preparatory Charter School (GreatSchools Rating 5/10), Sea Isle Elementary School (GreatSchools Rating 7/10), Colonial Middle School (GreatSchools Rating 4/10), University Middle School (GreatSchools Rating 6/10), American Way Middle School (GreatSchools Rating 3/10), Overton High School (GreatSchools Rating 3/10), White Station High School (GreatSchools Rating 8/10), Sheffield High School (GreatSchools Rating 2/10).

According to the records, the last property tax for 2024 is $1,984 (source: MLS/based on county public records data).

The last sale was on March 15, 2013 for $36,000 (source: MLS/tax record).

The property at 4545 Verne Rd has 2 bedrooms and 1 bathroom.

The year of construction for 4545 Verne Rd is 1950.

This home is located at 4545 Verne Rd in Memphis, TN and zip code 38117 in the Colonial Acres neighborhood. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since July 18, 2025 and is currently priced at $135,000.

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 inventory of homes for sale in Memphis, TN between May and June 2025 increased by 11.9%. While the average time on the market in June 2025 was 35 days, the median list price was $224,900.

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

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