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About This Home
This 3-bedroom, 1-bathroom single family at 5071 NEELY Rd in Memphis, TN is listed for $127,900 ($127 per sqft). Built in 1958, the home offers 1,005 sqft of living space on a 0.24 acres lot.
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.
Key Features
- Built in 1958
- 0.24 acre lot
Property Details
Amenities
Monthly Cost Estimate
$684/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
5071 NEELY Rd
Memphis, TN 38109
HOLMES RD 1ST ADDN
Features & Amenities
Exterior Features
Property Details
Flooring
Parking
Heating
Cooling
Questions & Answers
This 3-bedroom, 1-bathroom single family at 5071 NEELY Rd is listed at $127,900 ($127/sqft). The estimated monthly payment is $554 based on 20% down at 6.5% interest.
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 or alex@memphisinvestmentproperties.net.








