$116,000

5587 Crepe Myrtle Dr Memphis, TN 38115

$1,378
Closing credit¹
3 beds
2 full
Townhouse

Property details

About 5587 Crepe Myrtle Dr

REDUCED!! TENANT OCCUPIED PLEASE DO NOT DISTURB TENANT Great investment opportunity for experienced or first-time investors, tenant occupied since 11/2021, rent is currently $975 per month. Updated maintenance throughout home. Call listing agent for inquiries or to schedule a viewing.

Highlights

Home typeTownhouse
HeatingCentral
StatusActive
CoolingCentral Air
Year built1986
ParkingDriveway/Pad
MLS #10189370

Summary

  • MLS Number: 10189370
  • Office Name: Reliable Realty & Property Mgt

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: 3/13/2025, 6:20:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of front of property with a front yard

$116,000

5587 Crepe Myrtle Dr

$1,378

closing credit¹

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Nov 23, 2021
Home Sold
$79,900
May 03, 2019
Home Sold
$278,000
May 18, 2005
Home Sold
$500,000

Tax history

YearAssessmentProperty Tax
2024$17,050$1,038
2023$17,050$1,038
2022$17,050$1,050
2021$17,050$1,050
2020$14,800$1,072
2019$14,800$1,072
2018$14,800$608
2017$14,800$621

History based on county public records data.

Nearby schools

6

Newberry Elementary School

Public District PK-5

0.5 mi

5540 Newberry Ave

5

Power Center Academy Elementary School

Public Charter KG-5

0.5 mi

3540 S Mendenhall Rd

7

Hickory Ridge Elementary School

Public District PK-5

0.8 mi

3890 Hickory Hill 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 $41,563. The majority of Memphis, TN residents have income between $35k-100k annually. The most common type of family is single, with kids. The most common level of education of people living in this area is high school diploma.

How much money do the neighbors make?

44%
<35k
52%
35k-100k
3%
100k-200k
1%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Doctorate

What types of families live nearby?

28%
Single, No Kids
44%
Single, with Kids
9%
Married, No Kids
19%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

27%
<11 yrs old
12%
12-17 yrs old
30%
18-34 yrs old
28%
35-64 yrs old
3%
65+ yrs old

What do the neighbors do for fun?

  • Pro BoxingPro Boxing
  • SoccerSoccer
  • Pro WrestlingPro Wrestling

Where do the neighbors shop?

  • BurlingtonBurlington
  • Forever 21Forever 21
  • Ross Dress For LessRoss Dress For Less

Where do the neighbors go to eat?

  • PopeyesPopeyes
  • Dominos PizzaDominos Pizza
  • Cicis PizzaCicis Pizza

What do the neighbors drive?

  • DodgeDodge
  • MazdaMazda
  • PontiacPontiac

What do the neighbors listen to?

  • Urban ContemporaryUrban Contemporary
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • Contemporary InspirationalContemporary Inspirational
All data provided by Home Junction and Claritas

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Frequently asked questions

Living in Memphis, TN

About 5587 Crepe Myrtle Dr

This home is located at 5587 Crepe Myrtle Dr in Memphis, TN and zip code 38115. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since February 4, 2025 and is currently priced at $116,000.

Over 57 listings were sold over their listed price in February 2025 in Memphis, TN. In the same period over 205 listings were sold below the listed price and 73 listings were sold for the listed price. The number of homes for sale in Memphis, TN increased by 13.5% between January and February 2025. Listings spent 67 days on the market in February 2025, and had a median list price of $185,000 during the same period.

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

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