Briscoe Ellett III

4575 Spring Glen Dr

Memphis, TN
$ 79,900 Beds 3 Baths 1 Sq 903
Monthly Estimate* How much can I afford?

Investors, you won't want to miss this opportunity! Well maintained property with built in value; currently priced to exceed than the 1% rule! Tenant-occupied. Do not disturb. Showings by appointment only with accepted offer and proof of funds. Professionally managed cash-flowing 3BD/1BA brick home in a quiet Memphis cove generating $835/month with a month-to-month tenant in place. Current estimated market rent $950 per month. Near Austin Peay Hwy with easy access to Raleigh Springs shopping, dining, and I-40/I-240 — attractive to a large renter pool. Lower maintenance brick exterior. Recent updates include new carpet and exterior paint. Property to be sold in AS-IS condition. Photos reflect pre-tenancy condition. Property is currently tenant-occupied.

Single Family

  • Price
  • $ 79,900
  • City
  • Memphis
  • Bedrooms
  • 3
  • Full Bathrooms
  • 1
  • County
  • SHELBY
  • Half Bathrooms
  • 0
  • Area
  • Egypt Central
  • Lot Size
  • 0.09 Acres
  • Zip
  • 38128
  • Sqr Footage
  • 903
  • Year Built
  • 1972
  • Taxes
  • $ 1017
  • Style
  • Ranch,Traditional
  • MLS#
  • 10224142
Listed By: eXp Realty
Data Source: Memphis MLS (MAAR)

Features

General

Heating Central
Cooling Central
Status Active
Full Baths 1
Legal Subdivision Name SPRING VALLEY BLK B
Style Ranch,Traditional
Stories Count 1
County Shelby
Class Residential
Type Detached Single Family
Condo No
Area 731A
Parcel Number 090006 00016
Status Active
Annual City Tax 498
Annual County Tax 519
Sale/Rent For Sale
Area Egypt Central
Service Type Full Service Listing
Neighborhood Association None
Year Built 1972
Directions From North Jackson Ave,slight right on Raleigh-Millington Rd,straight on Ramill Rd.,left on Egypt-Central Rd.,right on Spring Glen Dr.,home is on the left.
City Memphis
DOM 93

Interior Features

Living Room Separate Living Room,Eat-In Kitchen,Island In Kitchen,Washer/Dryer Connections,Vinyl/Luxury Vinyl Floor
Kitchen Dimensions 14x18
Living Room Dimensions 10x11
Bedroom 3 Dimensions 9x10
Bedroom 2 Dimensions 9x11
Beds 3
Total Baths 1
Number of Rooms 6
Downstairs Bedrooms 3
FLOORS/CEILINGS Part Carpet,Tile
Back on Market Date 2026-08-12

Exterior Features

Pool None
Lot 296
Lot Size Area 0.09
Lot Size 35X116
Parking Display C1A
Lot Description Some Trees,Level
# Covered Parking Spaces 1
PARKING/STORAGE Driveway/Pad,Storage Room(s)
EXTERIOR/WINDOWS Brick Veneer,Wood/Composition
Misc. Exterior Wrought Iron Security Drs,Porch

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

6/17/2026 Listed $84,900
7/14/2026 4% - $82,000
9/12/2026 3% - $79,900

Property vs Zip Code Average in 38128

Price
AVG $160K
$80K
Taxes
AVG $1,729
$1,017
Year Built
AVG 1974
1972
Visits
AVG 64
82
Data Provided by Inside Real Estate®

In The Neighborhood

Areas That We Cover

4575 Spring Glen Dr Memphis, TN is a Single Family Home for sale at $79900 with 903 sqft and a lot size of 0.09 Acres Acre(s). 4575 Spring Glen Dr Memphis has 3 bedrooms, 1 baths and was built in 1972. The property's zip code is 38128 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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