Price Reduction - Primary on Main
Address
4950 Pheasant Ridge Cv, Memphis, TN
Price
$ 221,900
Property Attributes
  • MLS#10225156
  • TypeSingle Family
  • Listing Status Active
  • CountySHELBY
  • CityMemphis
  • AreaGermantown Extended-State Line
  • NeighborhoodPHEASANT RUNSEC B
  • Zip38141
  • StyleTraditional
  • Year Built1986
  • Taxes$ 1675
  • Price$ 221,900
  • Bedrooms3
  • Full Bathrooms2
  • Half Bathrooms0
  • Sqr Footage1565
  • Lot Size0.27 Acres
Data Source:
Memphis MLS (MAAR)
Property Description

INVESTMENT OPPORTUNITY! Don't miss this excellent investment opportunity to own a well-maintained 3-bedroom, 2-bath home in the desirable Village of Pheasant Run! This property features a spacious recreation room, durable laminate wood flooring throughout, and major system updates already completed, including: New HVAC System (2023) Roof Replaced (2022) The home is tenant-occupied with a month-to-month lease, offering immediate rental income while providing flexibility for future plans. Located in a quiet, well-maintained neighborhood with strong curb appeal, this property is an outstanding addition to any investment portfolio. See the potential for yourself!

Price History
7/1/2026 Listed $239,900
7/28/2026 7$224,900
8/31/2026 2$221,900

General Features

Heating Central
Cooling Central
Fireplaces 1
Status Active
Full Baths 2
Legal Subdivision Name THE VILLAGE OF PHEASANT RUN SEC B
Style Traditional
Stories Count 1
County Shelby
Class Residential
Type Detached Single Family
Condo No
Area 789B
Parcel Number D0255S E00056
Status Active
Annual County Tax 1675
Sale/Rent For Sale
Area Germantown Extended/State Line
Service Type Full Service Listing
Neighborhood Association None
Year Built 1986
Directions Head south on Ross road from Winchester for approximately 2 miles. Cross Shelby Drive for another mile heading south. Make a left on Pheasant Run and keep straight until you reach Pheasant Ridge Cove
City Memphis
DOM 80

Interior Features

Living Room Great Room,Separate Dining Room,Washer/Dryer Connections
Beds 3
Total Baths 2
Number of Rooms 7
Downstairs Bedrooms 2
FLOORS/CEILINGS Wood Laminate Floors

Exterior Features

Pool None
Lot 19
Lot Size Area 0.27
Lot Size 64X135
Parking Display N2
Lot Description Cove,Some Trees
# Covered Parking Spaces 2
PARKING/STORAGE Driveway/Pad
EXTERIOR/WINDOWS Brick Veneer,Wood/Composition
Misc. Exterior Wrought Iron Security Drs

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 38141

Price
AVG $200K
$220K
Taxes
AVG $9,144
$1,675
Year Built
AVG 1987
1986
Visits
AVG 56
79
Data Provided by Inside Real Estate®