1198 Canary Ln

Memphis, TN
$ 99,900 Beds 3 Baths 1 Sq 1,068
Monthly Estimate* How much can I afford?

Tenant-occupied 3 bed with a charming brick exterior. Inside, your tenant will enjoy low-maintenance plank flooring in kitchen and living areas, tile in the baths and cozy carpet in the bedrooms. The fenced backyard offers space for entertaining friends and family. This property is an excellent addition to any investment portfolio, with a tenant in place. Professionally managed for added peace of mind. Pictures are from March 2025 prior to the current tenant moving in. Property was renovated in 2020 with new 30 year roof, water heater, condenser & coil, stove, vent-a-hood, blinds, door knobs, pulls, faucets, lighting fixtures, ceiling fans, vinyl plank flooring. See attached 2020 renovation list. Property also went through rent ready work in 2025 prior to the new tenant.

Single Family

  • Price
  • $ 99,900
  • City
  • Memphis
  • Bedrooms
  • 3
  • Full Bathrooms
  • 1
  • County
  • SHELBY
  • Half Bathrooms
  • 0
  • Area
  • T.O. Fuller Park
  • Lot Size
  • 0.14 Acres
  • Zip
  • 38109
  • Sqr Footage
  • 1,068
  • Year Built
  • 1971
  • Taxes
  • $ 993
  • Style
  • Traditional
  • MLS#
  • 10223912
Listed By: Enterprise, REALTORS
Data Source: Memphis MLS (MAAR)

Features

General

Heating Central
Cooling Ceiling Fan(s),Central
Roof Composition Shingles
Status Active
Full Baths 1
Legal Subdivision Name ROLLING GREEN HILLS BLK B
Style Traditional
Stories Count 1
County Shelby
Class Residential
Type Detached Single Family
Condo No
Area 761B
Parcel Number 082018 00020
Status Active
Annual City Tax 482
Annual County Tax 511
Sale/Rent For Sale
Area T.O. Fuller Park
Service Type Full Service Listing
Neighborhood Association None
Year Built 1971
Directions merge onto I-40 W. Take I-240 S toward Jackson Miss. Merge onto I-55 S,exit 7 for US-61 S toward W Mallory. Turn left on W Mallory,right on McKellar,then left on Canary Ln.
City Memphis
DOM 103

Interior Features

Living Room Great Room,Vinyl/Luxury Vinyl Floor
Beds 3
Total Baths 1
Number of Rooms 6
Downstairs Bedrooms 3
MISC. INTERIOR All Window Treatments
FLOORS/CEILINGS Vinyl/Luxury Vinyl Floor
INTERIOR EQUIPMENT Range/Oven
BEDROOM 3 DESCRIPTION Level 1
BEDROOM 2 DESCRIPTION Level 1

Exterior Features

Pool None
Lot 91
Lot Size Area 0.14
Lot Size 65X95
Parking Display No
Lot Description Level
PARKING/STORAGE Driveway/Pad
EXTERIOR/WINDOWS Brick Veneer
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

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

6/13/2026 Listed $99,900

Property vs Zip Code Average in 38109

Price
AVG $110K
$100K
Taxes
AVG $1,255
$993
Year Built
AVG 1963
1971
Visits
AVG 75
94
Data Provided by Inside Real Estate®

1198 Canary Ln Memphis, TN is a Single Family Home for sale at $99900 with 1068 sqft and a lot size of 0.14 Acres Acre(s). 1198 Canary Ln Memphis has 3 bedrooms, 1 baths and was built in 1971. 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.