About This Home

This 3-bedroom, 2-bathroom single family at 4950 PHEASANT RIDGE Cv in Memphis, TN is listed for $221,900 ($142 per sqft). Built in 1986, the home offers 1,565 sqft of living space on a 0.27 acres lot.

Key Features

  • Built in 1986
  • 0.27 acre lot
  • Fireplace

Property Details

1 story
2 full
2-car garage
1986

Amenities

FireplaceA/C
Listing Description

INVESTMENT OPPORTUNITY! Don't miss this excellent investment opportunity to own a well-maintained 3-bedroom, 2-bath home in the desirable Village of Pheasant Run! This property features a spacious recreation room, durable laminate wood flooring throughout, and major system updates already completed, including: New HVAC System (2023) Roof Replaced (

2022) The home is tenant-occupied with a month-to-month lease, offering immediate rental income while providing flexibility for future plans. Located in a quiet, well-maintained neighborhood with strong curb appeal, this property is an outstanding addition to any investment portfolio. See the potential for yourself!

Monthly Cost Estimate

$1,187/mo

20% down · 6.5% · 30 years

Principal$160
Interest$962
Insurance$65

Estimates only. Actual payments may vary.

Location

4950 PHEASANT RIDGE Cv

Memphis, TN 38141

THE VILLAGE OF PHEASANT RUN SEC B

Features & Amenities

Exterior Features

Wrought Iron Security Drs

Property Details

Flooring

Laminate

Parking

Driveway

Heating

Central

Cooling

Central Air

Questions & Answers

This 3-bedroom, 2-bathroom single family at 4950 PHEASANT RIDGE Cv is listed at $221,900 ($142/sqft). The estimated monthly payment is $1,187 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1986, 0.27 acre lot, Fireplace. Exterior Features: Wrought Iron Security Drs.

This property is listed by Realis Sanders.

RS

Realis Sanders

Agent at KELLER WILLIAMS®

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

MLS# 10225156· Source: Memphis Area Association of Realtors®· 126 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.

4950 PHEASANT RIDGE Cv, Memphis, TN 38141

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