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About This Home

This 3-bedroom, 2-bathroom single family at 501 GERALD Rd in Memphis, TN is listed for $250,000 ($131 per sqft). Built in 1950, the home offers 1,907 sqft of living space on a 0.28 acres lot.

Agent Description

OFFERING $10,000 IN SELLER-PAID CLOSING COSTS! Excellent buy in sought-after Highpoint Terrace! You'll love the open floor plan, rich hardwood floors throughout the living areas, smooth ceilings, and multiple spaces to gather or unwind. The primary bedroom suite is huge, offering plenty of space to retreat and relax.

The separate laundry room + tons of closet space are coveted features for this era of home! The roof has been newly replaced and energy-efficient windows installed! The fridge, stove, washer, and dryer will convey with the home. Nestled on a quiet street, this home is close to everything-local restaurants, shopping, the University of Memphis, and easy access to main roads. A great find in one of Memphis's most desirable neighborhoods! Move-in ready!

Key Features

  • Built in 1950
  • 0.28 acre lot

Property Details

1 story
2 full
1950

Amenities

HardwoodA/C

Monthly Cost Estimate

$1,337/mo

20% down · 6.5% · 30 years

Principal$181
Interest$1,083
Insurance$73

Estimates only. Actual payments may vary.

Location

501 GERALD Rd

Memphis, TN 38122

STEPHEN FIRST ADDITION

Features & Amenities

Interior Features

All Window TreatmentsMonitored AlarmSecurity System

Exterior Features

Storage BuildingPatioCovered PatioWood Fence

Property Details

Flooring

HardwoodCarpet - FullSmooth ceilingVinylTile

Pool Features

Patio

Parking

Workshop

Heating

Central

Cooling

Central Air

Questions & Answers

This 3-bedroom, 2-bathroom single family at 501 GERALD Rd is listed at $250,000 ($131/sqft). The estimated monthly payment is $1,083 based on 20% down at 6.5% interest.

Key features include: Built in 1950, 0.28 acre lot. Interior Features: All Window Treatments, Monitored Alarm, Security System. Exterior Features: Storage Building, Patio, Covered Patio.

This property is listed by Chad Woelke and can be reached at 9018480009 or chad@realty901.com.

CW

Chad Woelke

Agent at Heritage Homes Co.

(901) 848-0009

Listed by Heritage Homes Co. · View on Broker Site

MLS# 10209135· Source: listhub· Updated 209 days ago

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.

501 GERALD Rd, Memphis, TN 38122

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