Briscoe Ellett III

3066 Redbud Rd

Memphis, TN
$ 130,000 Beds 3 Baths 2 Sq 1,198
Monthly Estimate* How much can I afford?

Investment opportunity with two separate units and strong rent potential!! Unit 3066 has been updated and is 3 bedrooms and 2 baths, offering increased livable space (Bonus Room) and higher rent capacity. Unit 3068 requires repairs and updates. After renovations, each unit is projected to lease for approximately $1,400–$1,550 per month with Section 8, based on current area rental rates. Property offers a solid value-add opportunity for investors seeking long-term cash flow in the area.

Single Family

  • Price
  • $ 130,000
  • City
  • Memphis
  • Bedrooms
  • 3
  • Full Bathrooms
  • 2
  • County
  • SHELBY
  • Half Bathrooms
  • 0
  • Area
  • Mitchell-Westwood
  • Lot Size
  • 0.47 Acres
  • Zip
  • 38109
  • Sqr Footage
  • 1,198
  • Year Built
  • 1943
  • Taxes
  • $ 852
  • Style
  • Traditional
  • MLS#
  • 10219403
Listed By: eXp Realty, LLC
Data Source: Memphis MLS (MAAR)

Features

General

Heating Wall Unit
Cooling Window Unit(s)
Status Active
Full Baths 2
Legal Subdivision Name BELMONT
Style Traditional
Stories Count 1
County Shelby
Class Residential
Type Detached Single Family
Condo No
Area 762A
Parcel Number 075006 00026
Status Active
Annual City Tax 417
Annual County Tax 435
Sale/Rent For Sale
Area Mitchell/Westwood
Service Type Full Service Listing
Neighborhood Association None
Year Built 1943
Directions Going West on I-240,Take I-240 W and E Brooks Rd to Redbud Rd. Turn right onto Redbud Rd. Destination will be on the right
City Memphis
DOM 161

Interior Features

Dining Room x
Living Room Separate Living Room
Kitchen Dimensions 12x9
Living Room Dimensions 12x9
Bedroom 3 Dimensions 14x10
Bedroom 2 Dimensions 14x8
Beds 3
Total Baths 2
Number of Rooms 7
Downstairs Bedrooms 3
FLOORS/CEILINGS Vinyl/Luxury Vinyl Floor

Exterior Features

Pool None
Lot 30
Lot Size Area 0.47
Lot Size 82X250
Parking Display No
Lot Description Some Trees
PARKING/STORAGE Driveway/Pad
EXTERIOR/WINDOWS Brick Veneer
Misc. Exterior Wrought Iron Security Drs,Deck

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

4/16/2026 Listed $160,000
5/20/2026 19% - $130,000

Property vs Zip Code Average in 38109

Price
AVG $110K
$130K
Taxes
AVG $1,255
$852
Year Built
AVG 1963
1943
Visits
AVG 75
118
Data Provided by Inside Real Estate®

In The Neighborhood

Areas That We Cover

3066 Redbud Rd Memphis, TN is a Single Family Home for sale at $130000 with 1198 sqft and a lot size of 0.47 Acres Acre(s). 3066 Redbud Rd Memphis has 3 bedrooms, 2 baths and was built in 1943. The property's zip code is 38109 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.

Briscoe Ellett III

Briscoe Ellett III

901-282-9020

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