About This Home

This 2-bedroom, 1-bathroom, 1,000-square-foot single-family home offers a practical rental property setup in Memphis, TN. Built in 1952, the home has been renovated and sits on a 0.34-acre lot in the PHILYAW RE OF LOTS 1-3 & 7-12 neighborhood. The layout includes two bedrooms, one bathroom, and approximately 1,000 square feet of living space.

Central air and central heating provide the primary climate systems. The property is currently leased at $1,225 per month on a month-to-month basis, with an active lease in place. Listed at $174,230, the home is part of a 103-home package and is offered without creative finance terms. Its existing rental arrangement and established property details provide a straightforward option for investors seeking a renovated single-family property in Memphis.

Key Features

  • Built in 1952
  • 0.34 acre lot

Property Details

1 story
1 full
1952

Amenities

A/C
Listing Description

Renovated rental property with an active lease in place. Currently leased at $1,225 month to month. No creative finance offers. This home is part of a 103 home package.

Monthly Cost Estimate

$932/mo

20% down · 6.5% · 30 years

Principal$126
Interest$755
Insurance$51

Estimates only. Actual payments may vary.

Location

4942 BYRON Rd

Memphis, TN 38122

PHILYAW RE OF LOTS 1-3 & 7-12

Property Details

Heating

Central

Cooling

Central Air

Questions & Answers

This 2-bedroom, 1-bathroom single family at 4942 BYRON Rd is listed at $174,230 ($174/sqft). The estimated monthly payment is $932 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1952, 0.34 acre lot.

This property is listed by Caleb Hall and can be reached at 9015509021.

CH

Caleb Hall

Agent at KELLER WILLIAMS®

(901) 550-9021
Agent website

Listed by KELLER WILLIAMS® · Broker phone: (901) 261-7900 · View on Broker Site · Broker website

MLS# 10213093· Source: Memphis Area Association of Realtors®· 231 days on PropertySimple

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.

4942 BYRON Rd, Memphis, TN 38122

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