About This Home

This 3-bedroom, 1-bathroom single family at 5071 NEELY Rd in Memphis, TN is listed for $122,900 ($122 per sqft). Built in 1958, the home offers 1,005 sqft of living space on a 0.24 acres lot.

Key Features

  • Built in 1958
  • 0.24 acre lot

Property Details

1 story
1 full
1-car garage
1958

Amenities

A/C
Listing Description

Great Occupied investment Opportunity! This property is currently occupied by a tenant who is paying $995 per month and is on a lease from 08/04/2025 - 08/03/2026. There is professional property management in place with Reedy and Company. No wholesale or creative financing offers. No showings without an accepted offer.

Monthly Cost Estimate

$657/mo

20% down · 6.5% · 30 years

Principal$89
Interest$533
Insurance$36

Estimates only. Actual payments may vary.

Location

5071 NEELY Rd

Memphis, TN 38109

HOLMES RD 1ST ADDN

Features & Amenities

Exterior Features

Wrought Iron Security Drs

Property Details

Flooring

LaminateTile

Parking

Driveway

Heating

Central

Cooling

Central Air

Questions & Answers

This 3-bedroom, 1-bathroom single family at 5071 NEELY Rd is listed at $122,900 ($122/sqft). The estimated monthly payment is $657 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1958, 0.24 acre lot. Exterior Features: Wrought Iron Security Drs.

This property is listed by Alex Evans and can be reached at 9016923195.

AE

Alex Evans

Agent at Reedy & Company, REALTORS

(901) 692-3195
Agent website

Listed by Reedy & Company, REALTORS · Broker phone: (901) 683-4446 · View on Broker Site · Broker website

MLS# 10217637· Source: Memphis Area Association of Realtors®· 115 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.

5071 NEELY Rd, Memphis, TN 38109

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