# 4848 NEELY Rd, Memphis, TN 38109 > **TL;DR:** 3bd/2ba single family, $124,900 ($109/sqft), built 1966, 1,142 sqft. > A/C, 1-car garage. Est. $668/mo. Listed 77 days. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $124,900 | | Price/sqft | $109 | | Bedrooms | 3 | | Bathrooms | 1 full, 1 half | | Square Feet | 1,142 | | Year Built | 1966 | | Lot Size | 7,405 sqft (0.17 acres) | | Stories | 1 | | Garage | 1-car | | Property Type | Single Family (Other) | | Status | Active | | Days on Market | 77 | ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $632 | | Estimated Insurance | $36 | | **Total** | **$668** | ## Key Amenities - A/C - 1-car garage ## Property Highlights - Built in 1966 - 0.17 acre lot ## Description ### Agent Description Great Occupied investment Opportunity! This property is currently occupied by a tenant who is paying $1,275 per month and is on a lease from 12/01/2020 - 06/30/2027. There is professional property management in place with Reedy and Company. No wholesale or creative financing offers. No showings without an accepted offer. ## Location - **Address:** 4848 NEELY Rd, Memphis, TN 38109 - **County:** Shelby - **Neighborhood:** SMITH TURLEY - **Coordinates:** 35.016085, -90.055814 - **Google Maps:** https://www.google.com/maps?q=35.016085,-90.055814 ## Listing Agent - **Name:** Alex Evans - **Brokerage:** Reedy & Company, REALTORS - **Phone:** 9016923195 - **Broker Phone:** (901) 683-4446 - **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/4848-Neely-Rd_Memphis_TN_38109_M73001-99550?f=listhub&s=MAARTN&m=10225687&c=propsimple) ## Photos ![4848 NEELY Rd - Photo 1](http://lh.rdcpix.com/f9f8dc8a9018ff35e364b870bc52a65cl-f2338643950r.jpg) ![4848 NEELY Rd - Photo 2](http://lh.rdcpix.com/f9f8dc8a9018ff35e364b870bc52a65cl-f1757452201r.jpg) ![4848 NEELY Rd - Photo 3](http://lh.rdcpix.com/f9f8dc8a9018ff35e364b870bc52a65cl-f3952368136r.jpg) ![4848 NEELY Rd - Photo 4](http://lh.rdcpix.com/f9f8dc8a9018ff35e364b870bc52a65cl-f20698055r.jpg) ![4848 NEELY Rd - Photo 5](http://lh.rdcpix.com/f9f8dc8a9018ff35e364b870bc52a65cl-f2819196411r.jpg) ![4848 NEELY Rd - Photo 6](http://lh.rdcpix.com/f9f8dc8a9018ff35e364b870bc52a65cl-f1911679646r.jpg) ![4848 NEELY Rd - Photo 7](http://lh.rdcpix.com/f9f8dc8a9018ff35e364b870bc52a65cl-f1957308635r.jpg) ![4848 NEELY Rd - Photo 8](http://lh.rdcpix.com/f9f8dc8a9018ff35e364b870bc52a65cl-f1684464999r.jpg) ![4848 NEELY Rd - Photo 9](http://lh.rdcpix.com/f9f8dc8a9018ff35e364b870bc52a65cl-f2752958540r.jpg) ![4848 NEELY Rd - Photo 10](http://lh.rdcpix.com/f9f8dc8a9018ff35e364b870bc52a65cl-f2472578710r.jpg) --- **MLS#:** 10225687 | **Updated:** 2026-09-23 **Source:** listhub *Copyright © 2026 Memphis Area Association of Realtors®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.* [View on PropertySimple](https://www.propertysimple.ai/listing/4848-neely-rd-memphis-tn-38109-10225687) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://www.propertysimple.ai/listing/4848-neely-rd-memphis-tn-38109-10225687#listing", "url": "https://www.propertysimple.ai/listing/4848-neely-rd-memphis-tn-38109-10225687", "name": "4848 NEELY Rd, Memphis, TN 38109", "description": "Great Occupied investment Opportunity! This property is currently occupied by a tenant who is paying $1,275 per month and is on a lease from 12/01/2020 - 06/30/2027. There is professional property management in place with Reedy and Company. No wholesale or creative financing offers. No showings without an accepted offer.", "image": [ "http://lh.rdcpix.com/f9f8dc8a9018ff35e364b870bc52a65cl-f2338643950r.jpg", "http://lh.rdcpix.com/f9f8dc8a9018ff35e364b870bc52a65cl-f1757452201r.jpg", "http://lh.rdcpix.com/f9f8dc8a9018ff35e364b870bc52a65cl-f3952368136r.jpg", "http://lh.rdcpix.com/f9f8dc8a9018ff35e364b870bc52a65cl-f20698055r.jpg", "http://lh.rdcpix.com/f9f8dc8a9018ff35e364b870bc52a65cl-f2819196411r.jpg", "http://lh.rdcpix.com/f9f8dc8a9018ff35e364b870bc52a65cl-f1911679646r.jpg", "http://lh.rdcpix.com/f9f8dc8a9018ff35e364b870bc52a65cl-f1957308635r.jpg", "http://lh.rdcpix.com/f9f8dc8a9018ff35e364b870bc52a65cl-f1684464999r.jpg", "http://lh.rdcpix.com/f9f8dc8a9018ff35e364b870bc52a65cl-f2752958540r.jpg", "http://lh.rdcpix.com/f9f8dc8a9018ff35e364b870bc52a65cl-f2472578710r.jpg" ], "primaryImageOfPage": { "@type": "ImageObject", "url": "http://lh.rdcpix.com/f9f8dc8a9018ff35e364b870bc52a65cl-f2338643950r.jpg", "caption": "4848 NEELY Rd - Memphis, TN" }, "datePosted": "2026-07-09T00:00:00+00:00", "dateModified": "2026-09-23T10:32:17.043516+00:00", "mainEntity": { "@type": "Accommodation", "@id": "https://www.propertysimple.ai/listing/4848-neely-rd-memphis-tn-38109-10225687#property", "name": "4848 NEELY Rd, Memphis, TN 38109", "address": { "@type": "PostalAddress", "streetAddress": "4848 NEELY Rd", "addressLocality": "Memphis", "addressRegion": "TN", "postalCode": "38109", "addressCountry": "US" }, "geo": { "@type": "GeoCoordinates", "latitude": 35.016085, "longitude": -90.055814 }, "image": [ "http://lh.rdcpix.com/f9f8dc8a9018ff35e364b870bc52a65cl-f2338643950r.jpg", "http://lh.rdcpix.com/f9f8dc8a9018ff35e364b870bc52a65cl-f1757452201r.jpg", "http://lh.rdcpix.com/f9f8dc8a9018ff35e364b870bc52a65cl-f3952368136r.jpg", "http://lh.rdcpix.com/f9f8dc8a9018ff35e364b870bc52a65cl-f20698055r.jpg", "http://lh.rdcpix.com/f9f8dc8a9018ff35e364b870bc52a65cl-f2819196411r.jpg", "http://lh.rdcpix.com/f9f8dc8a9018ff35e364b870bc52a65cl-f1911679646r.jpg", "http://lh.rdcpix.com/f9f8dc8a9018ff35e364b870bc52a65cl-f1957308635r.jpg", "http://lh.rdcpix.com/f9f8dc8a9018ff35e364b870bc52a65cl-f1684464999r.jpg", "http://lh.rdcpix.com/f9f8dc8a9018ff35e364b870bc52a65cl-f2752958540r.jpg", "http://lh.rdcpix.com/f9f8dc8a9018ff35e364b870bc52a65cl-f2472578710r.jpg" ], "identifier": { "@type": "PropertyValue", "propertyID": "MLS", "value": "10225687" }, "accommodationCategory": "Other", "numberOfBedrooms": 3, "numberOfBathroomsTotal": 2, "numberOfFullBathrooms": 1, "numberOfPartialBathrooms": 1, "floorSize": { "@type": "QuantitativeValue", "value": 1142, "unitCode": "FTK", "unitText": "square feet" }, "yearBuilt": 1966, "amenityFeature": [ { "@type": "LocationFeatureSpecification", "name": "Heating", "value": "Central" }, { "@type": "LocationFeatureSpecification", "name": "Cooling", "value": "Central Air" }, { "@type": "LocationFeatureSpecification", "name": "Flooring", "value": "Laminate" }, { "@type": "LocationFeatureSpecification", "name": "Parking Features", "value": "Driveway" }, { "@type": "LocationFeatureSpecification", "name": "Air Conditioning", "value": true } ], "additionalProperty": [ { "@type": "PropertyValue", "name": "Lot Size", "value": "0.17 acres" }, { "@type": "PropertyValue", "name": "Stories", "value": 1 }, { "@type": "PropertyValue", "name": "Garage Spaces", "value": 1 }, { "@type": "PropertyValue", "name": "Property Subtype", "value": "Other" } ] }, "offers": { "@type": "Offer", "@id": "https://www.propertysimple.ai/listing/4848-neely-rd-memphis-tn-38109-10225687#offer", "url": "https://www.propertysimple.ai/listing/4848-neely-rd-memphis-tn-38109-10225687", "price": 124900, "priceCurrency": "USD", "businessFunction": "http://purl.org/goodrelations/v1#Sell", "availability": "https://schema.org/InStock", "seller": { "@id": "https://www.propertysimple.ai/listing/4848-neely-rd-memphis-tn-38109-10225687#agent" } }, "provider": { "@type": "Person", "@id": "https://www.propertysimple.ai/listing/4848-neely-rd-memphis-tn-38109-10225687#agent", "name": "Alex Evans", "telephone": "9016923195", "worksFor": { "@type": "Organization", "@id": "https://www.propertysimple.ai/listing/4848-neely-rd-memphis-tn-38109-10225687#brokerage", "name": "Reedy & Company, REALTORS", "telephone": "(901) 683-4446" } } } ```