512 McElroy Road

Memphis, TN 38120

$539,901
Price
8
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 sink a toilet and shower
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

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
Parking
Garage Door Opener(s), Side-Load Garage
MAAR Subdivision Name
BRUCE ELLINGTON
Legal Subdivision Name
BRUCE ELLINGTON RESUB LOTS 2&3
LISTING UPDATED: 11/06/2024 06:08 AM

Property Details for 512 McElroy Road

StatusActive
MLS #10184658
Days on Market17
Taxes$6,081 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeDuplexes / Single Family Conversion
Year Built1985
Lot Size0.23 AC / 10,150 SF
CountyShelby County

Building Information for 512 McElroy Road

Stories2Year Built1985Building Size-Lot Size0.23 AC / 10,150 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: 11-06-2024
  • Geo Zoom Level: 16.00
  • Map Coordinate: B
  • MLS Map Num: White Station
Parking
  • Attached Detached Parking: Detached
  • Carport Garage: Garage
  • Parking Display: G2D
Taxes and HOA Information
  • Hot Water: Electric
  • LVT Date: 11-06-2024
Property
Lot Information
  • Lot Size: 58X175
  • Lot Num: 2A
  • Lot Description: Some Trees, Level, Wood Fenced, Other (See Remarks)
  • Parcel ID: 068066 00072
Property and Assessments
  • Foundation: Slab
  • Service Type: Full Service Listing
Utilities
  • Cooling: Central Cooling
Interior and Exterior Features
Exterior Features
  • Misc Exterior: Patio, Other (See Remarks)
  • Pool Description: None
  • Roof: Composition Shingles
Interior Features
  • Num of Fireplaces: 2.0
  • Appliances / Equipment: Refrigerator, Range/Oven (Freestanding)
  • Approx Sq Ft Entire Duplex: 3600-3799
  • Floors/Ceilings: Hardwood Throughout, Tile, Smooth Ceiling
  • Heating: Central, Electric
  • Miscellaneous Interior: All Window Treatments, Attic Access, Cable Wired
  • Sq Ft Heated Area Unit 1: 1800-1999
  • Sq Ft Heated Area Unit 2: 1800-1999
Multi Family
Unit 1
  • Unit 1: Updated/Renovated Kit, Eat-in Kitchen, Pantry in Kitchen, Separate Living Room, Separate Dining Room, Separate Den, Dining Area
  • Unit 1 Bedrooms: 3
  • Unit 1 Bedrooms Down: 1
  • Unit 1 BR 2 Dimension: 16x16
  • Unit 1 BR 3 Dimension: 11x15
  • Unit 1 Den GR Dimensions: 20x11
  • Unit 1 DR Dimension: 15x12
  • Unit 1 Full Baths: 2
  • Unit 1 Half Baths: 0
  • Unit 1 LR Dimension: 20x11
  • Unit 1 Total Baths: 2
Unit 2
  • Unit 2: Updated/Renovated Kit, Eat-in Kitchen, Pantry in Kitchen, W/D Connection in Kitchen, Separate Living Room, Separate Dining Room, Separate Den, Dining Area
  • Unit 2 Bedrooms: 3
  • Unit 2 Bedrooms Down: 1
  • Unit 2 BR 2 Dimension: 16x16
  • Unit 2 BR 3 Dimension: 11x15
  • Unit 2 Den GR Dimension: 20x12
  • Unit 2 DR Dimension: 15x12
  • Unit 2 Full Baths: 2
  • Unit 2 Half Baths: 0
  • Unit 2 LR Dimension: 29x11
  • Unit 2 Total Baths: 2

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.

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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 November 6, 2024 by 901, REALTORS, it's currently listed at $539,901. It has been on the market for a total of 17 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 8-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