$139,900

4850 Leonard Rd Memphis, TN 38109

$1,661
Closing credit¹
3 beds
2 full
0.3 acres
House

Property details

About 4850 Leonard Rd

INVESTOR OPPORTUNITY!!!! This property features 3 bedrooms, 2 bathrooms, and is currently tenant-occupied. The lease expires on 11/30/2025 and tenants are paying $1,125/month. Professionally managed by Reedy and Company and ready to add to your portfolio! Contact the listing agent for showing instructions and additional details. Please DO NOT disturb the tenants. Located 16 minutes from Downtown Memphis and 15 minutes from Midtown. This property is a part of a 3-property package, but can be sold separately!

Highlights

Home typeSingle Family Residence
HeatingCentral
StatusActive
CoolingCentral Air
BasementYes
Lot size0.32 Acres
Year built1958
ParkingDriveway/Pad, Carport
MLS #10193605

Summary

  • MLS Number: 10193605
  • Office Name: KAIZEN 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: 4/5/2025, 2:20:52 PM 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

ranch-style home featuring driveway, a front yard, a carport, and brick siding

$139,900

4850 Leonard Rd

$1,661

closing credit¹

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Sep 30, 2019
Home Sold
$34,000

Tax history

YearAssessmentProperty Tax
2024$25,800$1,571
2023$25,800$1,571
2022$25,800$699
2021$25,800$699
2020$15,350$1,112
2019$15,350$1,112
2018$15,350$630
2017$15,350$587

History based on county public records data.

Nearby schools

3

Westhaven Elementary School

Public District PK-5

0.5 mi

4585 Hodge Rd

3

Holmes Road Elementary School

Public District PK-5

1.2 mi

1083 E Holmes Rd

5

Whitehaven Elementary STEM

Public Magnet PK-5

1.2 mi

4783 Elvis Presley Blvd

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 $30,000. Typical income of Memphis, TN residents is less than $<35k annually. The most common type of family is single, with kids. The majority of residents in this area have post secondary degree education.

How much money do the neighbors make?

54%
<35k
37%
35k-100k
9%
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?

35%
Single, No Kids
42%
Single, with Kids
15%
Married, No Kids
8%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

27%
<11 yrs old
8%
12-17 yrs old
24%
18-34 yrs old
30%
35-64 yrs old
11%
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 4850 Leonard Rd

This home is located at 4850 Leonard Rd in Memphis, TN and zip code 38109 in the Whitehaven neighborhood. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 5, 2025 and is currently priced at $139,900.

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. In March 2025 in Memphis, TN there were 14.8% more homes for sale than in February.

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

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