581 Gilleas Rd

Memphis, TN
$ 155,000 Beds 3 Baths 2 Sq 7,500
Monthly Estimate* How much can I afford?

New Construction, tenant occupied. Great turn key investment property to add to your portfolio.

Single Family

  • Price
  • $ 155,000
  • City
  • Memphis
  • Bedrooms
  • 3
  • Full Bathrooms
  • 2
  • County
  • SHELBY
  • Half Bathrooms
  • 0
  • Area
  • Mitchell-Westwood
  • Lot Size
  • 0.17 Acres
  • Zip
  • 38109
  • Sqr Footage
  • 7,500
  • Year Built
  • 2025
  • Taxes
  • $ 78
  • Style
  • Traditional
  • MLS#
  • 10228521
Listed By: eXp Realty, LLC
Data Source: Memphis MLS (MAAR)

Features

General

Heating Central
Cooling Central
Status Active
Full Baths 2
Legal Subdivision Name SUBURBAN LAND CO
Style Traditional
County Shelby
Class Residential
Type Detached Single Family
Condo No
Area 762A
Parcel Number 075034 00002
Status Active
Annual City Tax 38
Annual County Tax 40
Sale/Rent For Sale
Area Mitchell/Westwood
Service Type Full Service Listing
Neighborhood Association None
Year Built 2025
Directions From Third Street/Highway 61,head south,turn left onto Peebles Road,then left onto Ford Road,turn right onto Gilleas Road,and 581 Gilleas Road will be on your right.
City Memphis
DOM 54

Interior Features

Living Room Separate Living Room
Beds 3
Total Baths 2
FLOORS/CEILINGS Vinyl/Luxury Vinyl Floor

Exterior Features

Pool None
Lot 19
Lot Size Area 0.17
Lot Size 50X150
Parking Display No
Lot Description Level
PARKING/STORAGE Driveway/Pad
EXTERIOR/WINDOWS Vinyl Siding
Misc. Exterior 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
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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

8/16/2026 Listed $155,000

Property vs Zip Code Average in 38109

Price
AVG $110K
$160K
Taxes
AVG $1,255
$78
Year Built
AVG 1963
2025
Visits
AVG 75
25
Data Provided by Inside Real Estate®

581 Gilleas Rd Memphis, TN is a Single Family Home for sale at $155000 with 7500 sqft and a lot size of 0.17 Acres Acre(s). 581 Gilleas Rd Memphis has 3 bedrooms, 2 baths and was built in 2025. 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.