449 Fernwood Ave, Memphis, TN 38106

    $122,400

    146 days ago

    5 beds
    2.5 baths
    2,040 sq ft
    Built in

    About this property

    INVESTORY ONLY! Tenant occupied and professionally managed home. This could be a great addition to your investment portfolio. Currently rent for $1470/mo with a $1395 deposit on file. Lease ends 3/31/26. Large home. Many homes in this area are being rehabbed and sold for more money. Lease,...

    Days on market

    146

    Property type

    Single family home

    Price per square foot

    $69

    Lot size

    6,500 sq ft

    HOA fees

    -

    Neighborhood score

    2 / 5

    School score

    3.3 / 10

    Crime score

    9 / 10

    MLS Logo

    Listed By: Tyler Tapley, 296080, Crye-Leike, Inc., REALTORS

    Source: Memphis Area Association of Realtors, #10194334, last updated on 8/18/2025

    Neighborhood

    3 / 10

    A B Hill Elementary School

    5 / 10

    Riverview Middle School

    2 / 10

    Hamilton High School

    Rent comps

    Comparable rent properties
    Address
    Status
    Listed rent
    Listed rent / sq ft
    Distance
    Bed
    Bath
    Sq ft
    Year built
    1247 Englewood St
    Memphis, TN 38106

    Closed

    $2,095
    $1.16
    1.83mi
    5
    2.5
    1,800
    2024
    1648 Gill Ave
    Memphis, TN 38106

    Closed

    $1,850
    $1.03
    2.49mi
    5
    2.5
    1,800
    1930
    1561 Foster Avenue
    MEMPHIS, TN 38106

    Active

    $1,250
    $0.58
    2.5mi
    5
    2
    2,167
    1912

    Sale comps

    Comparable sale properties
    Address
    Status
    Price
    Price / sq ft
    Distance
    Bed
    Bath
    Sq ft
    Year built
    554 EDITH AVE
    MEMPHIS, TN 38126

    Closed

    $51,000
    $27.06
    1.66mi
    5
    2
    1,885
    1920
    1068 Oakview St
    Memphis, TN 38114

    Closed

    $115,000
    $56.21
    2.81mi
    5
    2
    2,046
    1935