$105,000

4989 Neely Rd Memphis, TN 38109

$1,247
Closing credit¹
3 beds
1 full
0.2 acres
House

Property details

About 4989 Neely Rd

Investor Special! Great home to add to portfolio that is already updated. Updated kitchen and bath. New flooring. New HVAC at closing. Home is vacant but rent range is $950 to $995! Our repairs and updates make this a great investment property to maximize cash flow. Can be bought individually or in a package of homes fully renovated by the seller. Call listing agent for details!

Highlights

Home typeSingle Family Residence
HeatingCentral
StatusActive
CoolingCentral Air
Lot size0.22 Acres
Year built1961
ParkingDriveway/Pad
MLS #10191260

Summary

  • Full Bathrooms: 1
  • Flooring Type: Other (See REMARKS)
  • Total Bedroom Count: 3
  • Parking: Driveway/Pad
  • Exterior: Patio
  • Architectural Style: Traditional
  • Heating: Central
  • Cooling: Central Air
  • List Price: $105,000
  • Annual Tax Amount: $756
  • Tax Year: 2024
  • Lot: Level
  • Directions: West on Shelby Drive. Left onto Neely. Home on the left.
  • Year Built: 1961
  • Stories: 1
  • Lot Size: 0.22 Acres
  • MLS Number: 10191260
  • Office Name: CB Properties of Memphis, 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: 4/30/2025, 5:20:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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single story home with brick siding, driveway, crawl space, a carport, and a front lawn

$105,000

4989 Neely Rd

$1,247

closing credit¹

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Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Apr 06, 2023
Home Sold
$50,000
Oct 21, 2002
Home Sold
$49,000
Apr 10, 2001
Home Sold
$49,900

Tax history

YearAssessmentProperty Tax
2024$12,425$756
2023$12,425$756
2022$12,425$765
2021$12,425$765
2020$9,575$693
2019$9,575$693
2018$9,575$393
2017$9,575$402

History based on county public records data.

Nearby schools

3

Westhaven Elementary School

Public District PK-5

0.9 mi

4585 Hodge Rd

3

Geeter School

Public District PK-5

1.0 mi

4649 Horn Lake Rd

3

Holmes Road Elementary School

Public District PK-5

1.5 mi

1083 E Holmes 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 $32,443. The most common annual income of people living in Memphis, TN is less than $<35k. The majority of families are single, no kids. Residents of this area typically have high school diploma education.

How much money do the neighbors make?

53%
<35k
46%
35k-100k
1%
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?

52%
Single, No Kids
22%
Single, with Kids
16%
Married, No Kids
10%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

13%
<11 yrs old
10%
12-17 yrs old
20%
18-34 yrs old
41%
35-64 yrs old
16%
65+ yrs old

What do the neighbors do for fun?

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

Where do the neighbors shop?

  • Big LotsBig Lots
  • Family DollarFamily Dollar
  • BurlingtonBurlington

Where do the neighbors go to eat?

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

What do the neighbors drive?

  • KiaKia
  • ChevroletChevrolet
  • BuickBuick

What do the neighbors listen to?

  • Adult StandardsAdult Standards
  • RockRock
  • Urban Adult ContemporaryUrban Adult Contemporary
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 4989 Neely Rd

The listing price of 4989 Neely Rd property is $105,000.

The property 4989 Neely Rd is a house located in Memphis, Tennessee, 38109.

Active Listing: 4989 Neely Rd is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 4989 Neely Rd are: Westhaven Elementary School (GreatSchools Rating 3/10), Geeter School (GreatSchools Rating 3/10), Holmes Road Elementary School (GreatSchools Rating 3/10), J. P. Freeman Elementary/Middle (GreatSchools Rating 8/10), Freedom Preparatory Academy Whitehaven Middle at Brownlee Ca (GreatSchools Rating 4/10), Havenview Middle School (GreatSchools Rating 3/10), Fairley High School (ASD) (GreatSchools Rating 2/10), Freedom Preparatory Academy Flagship (GreatSchools Rating 4/10), Whitehaven High School (GreatSchools Rating 5/10).

According to the records, the last property tax for 2024 is $756 (source: MLS/based on county public records data).

The last sale was on April 6, 2023 for $50,000 (source: MLS/tax record).

The property at 4989 Neely Rd has 3 bedrooms and 1 bathroom.

The year of construction for 4989 Neely Rd is 1961.

This home is located at 4989 Neely Rd in Memphis, TN and zip code 38109. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since March 5, 2025 and is currently priced at $105,000.

In March 2025 more than 46 listings in Memphis, TN were sold above the asking price. During the same period more than 105 listings were sold at asking price, while more than 216 were sold below. The number of homes for sale in Memphis, TN increased by 14.8% between February and March 2025.

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

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