About This Home

This 2-bedroom, 2-bathroom townhouse at 5840 GRASSY VALLEY Dr in Memphis, TN is listed for $145,500 ($113 per sqft). Built in 1986, the home offers 1,284 sqft of living space on a 0.08 acres lot.

Key Features

  • Built in 1986
  • 0.08 acre lot
  • 2 stories
  • Fireplace

Property Details

2 stories
2 full
1986

Amenities

FireplaceA/C
Listing Description

Whether you're looking for a place to call home or a smart investment opportunity, this property fits the bill. Offering over1,200 square feet of comfortable living space, this well-maintained home features 2 bedrooms and 2 full bathrooms, making it ideal for a single professional, a couple, a growing family, or as an income-producing rental.

Priced below appraisal, it presents exceptional value in today's market. As one of the few homes still available in the area, this is a rare opportunity. This home is expected to sell quickly, so don't miss your chance to make it yours. Conveniently located near shopping, dining, schools, and everyday amenities, with no HOA fees and low monthly maintenance, this property combines affordability, convenience, and long-term potential.

Monthly Cost Estimate

$778/mo

20% down · 6.5% · 30 years

Principal$105
Interest$631
Insurance$42

Estimates only. Actual payments may vary.

Location

5840 GRASSY VALLEY Dr

Memphis, TN 38141

RIDGETOP ESTATES SEC A 1ST ADDN

Features & Amenities

Interior Features

Excl Some Window TreatmntAttic AccessSmoke Detector(s)

Exterior Features

Wrought Iron Security DrsDeckWood FenceStorage

Property Details

Flooring

Carpet - FullTextured ceilingVinylTile

Pool Features

Deck

Parking

Driveway

Heating

Electric (Heating)CentralNatural Gas

Cooling

Central AirCeiling Fan(s)

Questions & Answers

This 2-bedroom, 2-bathroom townhouse at 5840 GRASSY VALLEY Dr is listed at $145,500 ($113/sqft). The estimated monthly payment is $778 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1986, 0.08 acre lot, 2 stories, Fireplace. Interior Features: Excl Some Window Treatmnt, Attic Access, Smoke Detector(s). Exterior Features: Wrought Iron Security Drs, Deck, Wood Fence.

This property is listed by Alvin Levy and can be reached at 9012198715.

AL

Alvin Levy

Agent at Adaro Realty, Inc.

(901) 219-8715

Listed by Adaro Realty, Inc. · View on Broker Site

MLS# 10227431· Source: listhub· 1 day on market

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.

5840 GRASSY VALLEY Dr, Memphis, TN 38141

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