4948 Fairfield Cir

Memphis, TN
$ 355,000 Beds 3 Baths 2 Sq 1,612
Monthly Estimate* How much can I afford?

VALUE OPPORTUNITY in sought-after Greenway Gardens! Priced below the 2025 appraised value, this renovated 3BR/2BA home offers a rare chance to buy into one of Memphis’ most desirable neighborhoods at an attractive price. Major updates are already complete, including an open floor plan, hardwood floors, designer tile & abundant natural light. The chef’s kitchen features quartz countertops, oversized island, stainless appliances, gas cooking & soft-close cabinetry. Split BR plan + updated hall bath w/rainfall shower. The primary suite retains vintage charm and offers excellent potential for a future renovation/expansion. Spacious backyard features a 1,000 SF patio w/footers, creating possibilities for a future addition. Workshop/storage w/roll-up door + covered parking for 2. Convenient to shopping, dining & schools. Potential short sale; sold AS-IS. Opportunity, location & upside—see it today!

Single Family

  • Price
  • $ 355,000
  • City
  • Memphis
  • Bedrooms
  • 3
  • Full Bathrooms
  • 2
  • County
  • SHELBY
  • Half Bathrooms
  • 0
  • Area
  • White Station
  • Lot Size
  • 0.32 Acres
  • Zip
  • 38117
  • Sqr Footage
  • 1,612
  • Year Built
  • 1956
  • Taxes
  • $ 4460
  • Style
  • Traditional
  • MLS#
  • 10205309
Listed By: Crye-Leike, Inc., REALTORS
Data Source: Memphis MLS (MAAR)

Features

General

Heating Central
Cooling Ceiling Fan(s),Central
Roof Composition Shingles,Other (See REMARKS)
Status Active
Full Baths 2
Other Rooms Attic,Laundry Closet,Storage Room
Legal Subdivision Name GREENWAY GARDENS
Style Traditional
Stories Count 1
County Shelby
Class Residential
Type Detached Single Family
Condo No
Area 756E
Parcel Number 056009 00015
Status Active
Annual City Tax 2164
Annual County Tax 2296
Sale/Rent For Sale
Area White Station
Service Type Full Service Listing
Neighborhood Association None
Year Built 1956
Directions From S Mendenhall & Poplar Ave,head North on Mendenhall. Go past Sanderlin Ave,then take the 1st left onto Fairfield Circle S. House will be on the right. OR From Shady Grove Rd & Mendenhall Rd,head
City Memphis
DOM 380

Interior Features

Living Room Breakfast Bar,Eat-In Kitchen,Island In Kitchen,LR/DR Combination,Other (See Remarks),Updated/Renovated Kitchen,Washer/Dryer Connections
Beds 3
Total Baths 2
Number of Rooms 6
Heated SqFt 1600-1799
Downstairs Bedrooms 3
MISC. INTERIOR Monitored Alarm,Security System
FLOORS/CEILINGS Part Hardwood,Smooth Ceiling,Tile
INTERIOR EQUIPMENT Cable Available,Dishwasher,Disposal,Dryer,Gas Cooking,Microwave,Range/Oven,Washer
BEDROOM 3 DESCRIPTION Hardwood Floor,Level 1,Shared Bath,Smooth Ceiling
BEDROOM 2 DESCRIPTION Hardwood Floor,Level 2,Shared Bath,Smooth Ceiling

Exterior Features

Foundation Conventional
Pool None
Lot 110
Lot Size Area 0.32
Water & Sewer Gas Water Heater,Public Sewer,Public Water
Lot Size 95X150
Parking Display C2A
Lot Description Landscaped,Level,Some Trees,Wood Fenced
# Covered Parking Spaces 2
PARKING/STORAGE Driveway/Pad,On-Street Parking,Other (See REMARKS),Storage Room(s),Workshop(s)
EXTERIOR/WINDOWS Brick Veneer,Storm Door(s)
Misc. Exterior Porch,Patio,Wood Fence,Pet Area

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

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Memphis, TN office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

9/9/2025 Listed $399,900
10/8/2025 3% - $389,900
10/29/2025 3% - $379,900
12/2/2025 3% - $369,900
3/18/2026 5% - $355,000

Property vs Zip Code Average in 38117

Price
AVG $380K
$360K
Taxes
AVG $6,429
$4,460
Year Built
AVG 1960
1956
Visits
AVG 78
356
Data Provided by Inside Real Estate®

4948 Fairfield Cir Memphis, TN is a Single Family Home for sale at $355000 with 1612 sqft and a lot size of 0.32 Acres Acre(s). 4948 Fairfield Cir Memphis has 3 bedrooms, 2 baths and was built in 1956. The property's zip code is 38117 which is in Memphis, TN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.