512 McElroy Road

Memphis, TN 38120

$539,901
Price
6
Beds
4
Baths
—Sq. Ft.
— / Sq. Ft.
—
Sq. Ft.
—
per Sq. Ft.
a front view of a house with garden
a view of empty room with wooden floor and fan
a kitchen with stainless steel appliances granite countertop a stove a sink and a large window
wooden floor and window in an empty room
a view of an empty room with wooden floor and chandelier
a bathroom with a granite countertop bathtub shower sink vanity and toilet
a view of an empty room with a window and wooden floor
a view of wooden floor and brick walls
a view of a backyard of the house
a front view of a house with garden
a view of a small house
front view of a house with a yard

Description

"rare find! Appraisal in hand for $565,000 from 2023. Instant Equity. UNBELIEVABLE OPPORTUNITY to purchase a home divided into TWO units. Both sides are 3 bedrooms with 2 baths with almost 2k feet of living space! HUGE income potential. Live in one and rent the other. Rent them both or have multiple families living together... endless possibilities in this highly desirable neighborhoods with easy access to local parks, shopping, and dining. You will not find another opportunity like this in the neighborhood..."rare find! Appraisal in hand for $565,000 from 2023. Instant Equity. UNBELIEVABLE OPPORTUNITY to purchase a home divided into TWO units. Both sides are 3 bedrooms with 2 baths with almost 2k feet of living space! HUGE income potential. Live in one and rent the other. Rent them both or have multiple families living together... endless possibilities in this highly desirable neighborhoods with easy access to local parks, shopping, and dining. You will not find another opportunity like this in the neighborhood with gorgeous new buildings going up around it, this is gold mine. Both sides very nicely updated and clean. Featuring spacious living areas filled with natural light, a beautifully updated kitchen with stainless steel appliances This charming residence combines modern comforts with classic Southern charm."
  1. Listed by Dylan Johnson • 901, REALTORS • 901-676-6555

Property Details for 512 McElroy Road

Area
756B
Style
Traditional
MAAR Subdivision Name
BRUCE ELLINGTON
Legal Subdivision Name
BRUCE ELLINGTON RESUB LOTS 2&3
LISTING UPDATED: 11/05/2024 05:42 PM

Property Details for 512 McElroy Road

StatusActive
MLS #10183865
Days on Market30
Taxes$6,081 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Attached Single Family / No
Year Built1985
Lot Size0.23 AC / 10,018 SF
CountyShelby County

Building Information for 512 McElroy Road

Stories2Year Built1985Building Size-Lot Size0.23 AC / 10,018 SF

Property Information for 512 McElroy Road

Summary
Location and General Information
  • Address: 512 MCELROY RD
  • Address Search Number: 512
  • Directions: Walnut Grove Rd north on White Station, East on Mesquite, South on McElroy
  • Geo Match Code: 0
  • Geo Matched Method: 0
  • Geo Quality: .95
  • Geo Update Timestamp: 10-24-2024
  • Geo Zoom Level: 16.00
  • Map Coordinate: B
  • MLS Map Num: White Station
  • Neighborhood Association: None
Parking
  • Attached Detached Parking: Detached
  • Carport Garage: Garage
  • Parking Display: G2D
  • Parking/Storage: Driveway/Pad, Side-Load Garage
Taxes and HOA Information
  • LVT Date: 10-24-2024
Property
Lot Information
  • Lot Size: 58X175
  • Acreage: .23
  • Lot Num: 2A
  • Lot Description: Some Trees, Level, Wood Fenced
  • Parcel ID: 068066 00072
Property and Assessments
  • Detached Unit Type: General Residential
  • Foundation: Slab
  • Prop Construction Status: Existing Property
  • Security: Smoke Detector(s), Iron Door(s), Dead Bolt Lock(s)
  • Service Type: Full Service Listing
Utilities
  • Cooling: Central
  • Water & Sewer: Public Water, Public Sewer
Interior and Exterior Features
Exterior Features
  • Exterior/Windows: Brick Veneer, Aluminum/Steel Siding
  • Misc Exterior: Patio, Wood Fence, Sidewalks
  • Misc. Interior: All Window Treatments, Attic Access
  • Pool Description: None
  • Roof: Composition Shingles
Interior Features
  • Num of Fireplaces: 1.0
  • 1st Story Floor Plan: Living Room, Dining Room, Kitchen, Primary Bedroom, 1 Bath
  • 2nd Story Floor Plan: 2nd Bedroom, 3rd Bedroom, 1 Bath, Bonus Room
  • Additional Br/Bath Info: 1 or More BR Down, Primary Down, Split Bedroom Plan, Renovated Bathroom, Full Bath Down
  • Apprx Heated Sq Ft Range: 3800-3999
  • Attached Unit Type: Other (See REMARKS)
  • Bedroom 2 Description: Level 2, Smooth Ceiling, Hardwood Floor
  • Bedroom 2 Dimensions: 16x16
  • Bedroom 3 Description: Level 2, Smooth Ceiling, Hardwood Floor
  • Bedroom 3 Dimensions: 11x15
  • Bedrooms Down: 2.0
  • Den Great Room Dimensions: 20x11
  • Dining Room Dimensions: 15x12
  • Fireplace: Masonry, In Living Room, In Den/Great Room
  • Floors/Ceilings: Part Hardwood, Tile, Smooth Ceiling
  • Heating: Central, Electric
  • Interior Equipment: Range/Oven, Dishwasher, Refrigerator, Cable Wired
  • Kitchen Dimensions: 8x12
  • Living Room Dimensions: 20x11
  • Living/Dining/Kitchen: Eat-In Kitchen, Pantry, Washer/Dryer Connections
  • Other Rooms: Bonus Room
  • Play Bonus Room Dimension: 24x21
  • Total Baths: 4

Property History for 512 McElroy Road

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 512 McElroy Road

Taxable ValueLand$9,200Additions$90,625Total$99,825
Tax Record2023$6,081 ($507 / month)
Home Facts
Beds5Baths4Total Finished SqFt3,732 SqFtAbove Grade Finished SqFt3,732 SqFtStories2Lot Size11,805 SqFtStyleSingle Family ResidenceYear Built1986ZoningR-6CountySHELBYAPN068-066- - -00072Fireplace TypeHas Fireplace

Schools near 512 McElroy Road

This home is within Shelby County Schools.
Rating
School
Type
Grades
Distance
Richland Elementary School
Public - PK to 5
White Station Middle School
Public - 6 to 8
White Station High School
Public - 9 to 12
Aurora Collegiate Academy
Charter - K to 5
Rating
School
Distance
Richland Elementary School
PublicPK to 5

White Station Middle School
Public6 to 8

White Station High School
Public9 to 12

Aurora Collegiate Academy
CharterK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

Homes for Sale near Mary Lou Heights

Neighborhoods

Cities

ZIPs

More information about 512 McElroy Road, Memphis, TN 38120

512 McElroy Road is a single family home for sale in Memphis, TN 38120. This property was listed for sale on October 24, 2024 by 901, REALTORS, it's currently listed at $539,901. It has been on the market for a total of 30 days and was last sold on November 18, 2022. This listing's school districts are Shelby County Schools, Achievement School District. Nearby schools include Richland Elementary School, White Station Middle School and White Station High School. 512 McElroy Road is a 6-bed, 4-bath, single family home built in 1985.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of 901, REALTORS