No Photos
Image 1 - 5883 Ridgehill Drive, Memphis, TN 38141, USA - House for sale
Image 2 - 5883 Ridgehill Drive, Memphis, TN 38141, USA - House for sale
Image 3 - 5883 Ridgehill Drive, Memphis, TN 38141, USA - House for sale
Image 4 - 5883 Ridgehill Drive, Memphis, TN 38141, USA - House for sale
Home For Sale In Memphis, Tennessee
5883 Ridgehill Drive, Memphis, TN 38141, USA

Home For Sale In Memphis, Tennessee

house for sale
Listed: 03/13/24

5883 Ridgehill Drive, Memphis, TN 38141, USA

2 Bed:
1.5 Bath:
Save
Price
$ 125,000
Price:  Lower

About This House

This is a great property for an investor! Property is located in sought after 38141 zip which is a zip code investors love and is a great rental area. Tenant in place and lease is up July 2024. Roof replaced 2015~AC unit replaced 2020~ Water tank replaced 2021. Some flooring replaced, new toilet in bath and storage door replaced. This property is located minutes from the expressway, restaurants and shopping. Located minutes from Mississippi state line and near several schools. Call today!

Protect Yourself From Rental Scams

While we strive to provide accurate and timely information, it's essential to remain vigilant and do your due diligence when considering rental properties. Make sure to follow expert tips to reduce the risk of fraud when renting a new apartment.

Similar Houses for Sale Nearby

$150,000

2
2.5

$150,000

Available: Right Now

Listed: 27/05/2024

5957 Cedarcrest Court, Memphis, TN 38141, USA

House
2
2.5

Great investment opportunity. This 2 bedroom, 2 1/2bathroom home is the prefect rental. Large sized rooms, Large kitchen with island for extra seating along with room for a table. Large living room with brick fireplace. Backyard is fenced....

$120,000

Available: Right Now

Listed: 31/05/2024

6281 Kirby Downs Drive, Memphis, TN 38115, USA

House
2
2.5

Back on the market ! Appraisal over list price. This 2 bedroom/2 1/2 bath home is a fantastic investment opportunity to begin the New Year! Brick exterior. Over1300 SF.Convenient location. Features fireplace in Living Room. Brand new water hea...

$140,000

Available: Right Now

Listed: 29/05/2024

6291 Kirby Downs Drive, Memphis, TN 38115, USA

House
2
1.5

Investment opportunity! Spacious 2 bd 1.5 ba. Updated in 2021 with granite in kitchen and bathrooms. Close to Hwy 385 and 240 loop, shopping, restaurants, recreation. Tenant occupied. Tenant owns fridge/washer/dryer. Please make offer contingent on p...

$134,900

Available: Right Now

6341 Kirby Downs Drive, Memphis, TN 38115, USA

Townhouse
2
1
Garden
Heating Central Furnace
Covering Floor Wood
Fireplace
Heating Fireplace
Architecture New Traditional
Covering Floor Laminate
Covering Floor Tile
Air Conditioning
Roof Composition Shingle

$136,000

Available: Right Now

6670 Pondside Circle, Memphis, TN 38119, USA

Townhouse
2
1
Garden
Heating Fireplace
Architecture Contemporary
Fireplace
Covering Floor Laminate
Covering Floor Wood
Hardwood Floors
Heating Central Furnace
Covering Floor Vinyl
Parking

$125,000

Available: Right Now

1555 Mount Moriah Road, Memphis, TN 38117, USA

House
2
2
Covering Floor Hardwood
Fuel Heating Natural Gas
Hardwood Floors
Heating Central Furnace
Parking
Air Conditioning
Architecture New Traditional

Memphis Housing & Living

Average sale prices for houses

2 bed
3 bed
4+ bed
Show as List Show as Graph
In May 2024, the asking price for 2 bed houses for sale in/near Memphis, United States averaged $180,817, an increase of 7.6% from the previous month.
Median price trends for properties for sale in Memphis, United States as of May 2024.

Household Income

Median household income: $37,199
Number of households: 252,517
The average household income in Memphis, TN declined from $39,333 to $37,199 in the past year. This data is an estimate based upon 252,517 households in Memphis, TN.
The chart below presents how household income is distributed in Memphis, TN in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $800-$1,500
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Memphis, TN compared to median property taxes around the country. The prevalent amount of property taxes in Memphis, TN equals $800-$1,500 , which is less than the national average.