# 5071 NEELY Rd, Memphis, TN 38109

> **TL;DR:** 3bd/1ba single family, $127,900 ($127/sqft), built 1958, 1,005 sqft.
> A/C. Est. $554/mo. Listed 68 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $127,900 |
| Price/sqft | $127 |
| Bedrooms | 3 |
| Bathrooms | 1 full |
| Square Feet | 1,005 |
| Year Built | 1958 |
| Lot Size | 10,454 sqft (0.24 acres) |
| Stories | 1 |
| Property Type | Single Family (Other) |
| Status | For Sale |
| Days on Market | 68 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $554 |
| **Total** | **$554** |

## Key Amenities

- A/C

## Property Highlights

- Built in 1958
- 0.24 acre lot

## Description

### Agent 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.

## Location

- **Address:** 5071 NEELY Rd, Memphis, TN 38109
- **County:** Shelby
- **Neighborhood:** HOLMES RD 1ST ADDN
- **Coordinates:** 35.010039, -90.055985
- **Google Maps:** https://www.google.com/maps?q=35.010039,-90.055985

## Listing Agent

- **Name:** Alex Evans
- **Brokerage:** Reedy & Company, REALTORS
- **Phone:** 9016923195
- **Email:** alex@memphisinvestmentproperties.net

## Primary Photo

![5071 NEELY Rd - Primary Photo](http://lh.rdcpix.com/f91e6fdf7eaeb3a3d2d0e05b0eedad6el-f912839127r.jpg)

*13 total photos available on [listing page](https://www.propertysimple.com/listing/5071-neely-rd-memphis-tn-38109-10217637)*

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**MLS#:** 10217637 | **Updated:** 2026-06-17
**Source:** listhub

*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.*

[View on PropertySimple](https://www.propertysimple.com/listing/5071-neely-rd-memphis-tn-38109-10217637)

---

## Structured Data

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  "@type": "RealEstateListing",
  "name": "5071 NEELY Rd, Memphis, TN 38109",
  "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.",
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  "datePosted": "2026-06-17",
  "price": 127900,
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  "numberOfBedrooms": 3,
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```