386 Elder Rd, Memphis, TN 38109
FOR SALE

386 Elder Rd
Memphis, TN 38109

White Haven-Coro Lake
  • 3 Beds
  • 1.5 Baths
  • 1,208 sqft

$105,000

Original price: $110,000
Est. Mortgage $685/mo*
Get Pre-Qualified

$105,000

Original price: $110,000
Est. Mortgage $685/mo*
Get Pre-Qualified
3 Beds
1.5 Baths
1,208 sqft

Local Information

Map showing home location
© Google
-- mins to
Commute Destination

Description

INVESTORS ONLY! Tenant occupied 3 bed 1.5 bath home. Currently rented at $1498/mo. This could be a great addition to your rental portfolio. Seller also selling 1902 Farrington, and 905 Annie. Can buy in bulk or individually. No sign in the yard. Please do not disturb or approach the tenant. No Creative or Owner Financed Offers. No Wholesale or Assignment.

Home Highlights

Parking
Open Parking
Outdoor
Porch, Patio
A/C
Heating & Cooling
HOA
None
Price/Sqft
$87
Listed
133 days ago

Home Details for 386 Elder Rd

Interior Features

Interior Details
Number of Rooms: 6Types of Rooms: Master Bedroom, Dining Room, Kitchen, Living Room, Den
Beds & Baths
Number of Bedrooms: 3Number of Bathrooms: 2Number of Bathrooms (full): 1Number of Bathrooms (half): 1
Dimensions and Layout
Living Area: 1208 Square Feet
Heating & Cooling
Heating: CentralHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Central
Fireplace & Spa
No Fireplace
Windows, Doors, Floors & Walls
Flooring: Tile
Levels, Entrance, & Accessibility
Stories: 1Floors: Tile
Security
Security: Wrought Iron Security Drs

Exterior Features

Exterior Home Features
Patio / Porch: Porch, PatioNo Private Pool
Parking & Garage
No GarageHas Open ParkingParking: Driveway/Pad
Pool
Pool: None

Days on Market

Cumulative Days on Market: 48Days on Market: 133

Property Information

Year Built
Year Built: 1954
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family ResidenceStructure Type: General ResidentialArchitecture: Traditional
Building
Construction Materials: Vinyl SidingNot a New ConstructionNot Attached PropertyDoes Not Include Home Warranty
Property Information
Parcel Number: 075087 00024

Price & Status

Price
List Price: $105,000Price Per Sqft: $87
Status Change & Dates
Possession Timing: Rental Agreement

Active Status

MLS Status: Active

Location

Direction & Address
City: MemphisCommunity: J E Walker Homes

Agent Information

Listing Agent
Listing ID: 10213197

Lot Information

Lot Area: 8712 sqft

Miscellaneous

Mls Number: 10213197Living Area Range Units: Square Feet
Last check for updates: about 1 hour ago
Listing courtesy of Tyler Tapley
Crye-Leike, Inc., REALTORS, (901) 756-8900
Source: MAAR, MLS#10213197
Also Listed on MAAR.

Price History for 386 Elder Rd

DatePriceEventSource
03/17/2026$105,000PriceChange
MAAR #10213197
02/20/2026$110,000PendingToActiveMAAR #10213197
02/11/2026$110,000PendingMAAR #10213197
01/19/2026$110,000Listed For SaleMAAR #10213197
11/21/2023ListingRemovedZillow Rentals
11/07/2023$76,750Sold
MAAR #10151964
11/03/2023$1,395Listed For RentZillow Rentals
10/16/2023$79,900PendingMAAR #10151964
10/10/2023$79,900Listed For SaleMAAR #10151964
09/25/2023ListingRemovedN/A
09/04/2023$89,900PriceChange
MAAR #10151964
08/22/2023$99,900PriceChange
MAAR #10151964
07/11/2023$115,900Listed For SaleMAAR #10151964
11/21/2022ListingRemovedZillow Rental Manager
11/07/2022$895PriceChange
Zillow Rental Manager
10/05/2022$950Listed For RentZillow Rental Manager
10/20/2020$750ListingRemovedAgent Provided
10/13/2020$750Listed For RentAgent Provided
06/03/2019$52,500ListingRemovedN/A
04/13/2019$52,500Listed For SaleN/A
06/11/2015$650ListingRemovedAgent Provided
05/30/2015$650Listed For RentAgent Provided
12/05/2014$8,771Sold
N/A

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Property Tax and Assessment

Year2025
Tax$1,016
Assessment$77,100
Home facts updated by county records

Comparable Sales for 386 Elder Rd

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
364 Elder Rd, Memphis, TN
0.04
Single-Family Home
$69,000
04/21/26
3
1
812
393 Carbon Rd, Memphis, TN
0.07
Single-Family Home
$36,500
06/25/25
3
1
1,530
3488 Millard Rd, Memphis, TN
0.36
Single-Family Home
$78,000
08/19/25
3
1
1,188
3342 Alta Rd, Memphis, TN
0.18
Single-Family Home
$106,000
11/19/25
2
1.5
1,431
3493 W Horn Lake Rd, Memphis, TN
0.40
Single-Family Home
$82,500
06/23/25
3
1
972
3585 Millard Rd, Memphis, TN
0.38
Single-Family Home
$130,000
08/18/25
3
2
1,598

Nearby homes

Get a sense of prices in the area by checking nearby homes.
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Assigned Schools

These are the assigned schools for 386 Elder Rd.
View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

Neighborhood Overview

White Haven-Coro Lake
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about White Haven-Coro Lake

At least 337 Trulia users voted on each feature.

  • 87 % Say car is needed

  • 86 % Say yards are well-kept

  • 77 % Say parking is easy

  • 64 % Say there are sidewalks

  • 63 % Say kids play outside

  • 61 % Say there's holiday spirit

  • 57 % Say streets are well-lit

  • 56 % Say it's quiet

  • 48 % Say they plan to stay for at least 5 years

  • 46 % Say neighbors are friendly

  • 45 % Say it's dog friendly

  • 38 % Say it's walkable to grocery stores

  • 31 % Say there's wildlife

  • 30 % Say people would walk alone at night

  • 24 % Say it's walkable to restaurants

  • 21 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Crystal wallace
    "It’s a great peaceful place to live the area is beautiful and houses are just as well look like everyone looks out for one another in the community haven’t heard to much crime in the neighborhood "
    1
    Flag
  • Dazarries Wilkerson
    "My commute is great soo far I have zero complaints about the neighboring areas. This property is only about 18 minutes away from my job and I think it would be a great fit."
    1
    Flag
  • Bridget Harris
    "I live in the area .. and have for over 30 years. It’s retired educators, physicians, and attorneys who live in the area. "
    4
    Flag
  • Bridget Harris
    "The area is rebuilding with restaurants and great neighborhood parks safe for daily exercise. There are a variety of great schools in the area from private, charter and public schools!"
    1
    Flag
  • Trulia User
    "Good I have doctors appointment and so do my sons. My sons are disable and we need piece and quite. It look like a good commute."
    4
    Flag
  • Trulia User
    "some areas in the neighbor are great, but they are hidden. whitehaven has more to offer than many of the low income neighborhoods in memphis. "
    2
    Flag
  • Trulia User
    "very safe each time I have lived in this area. I also go through this neighborhood several times a day and never seen anything that would bother me or surprise me . "
    9
    Flag
  • Trulia User
    "Needs some improvement! More police patrol night & day. Need sidewalks so the people & children can walk. Need more lighting. Need playground for children and a basketball court for boys & men."
    4
    Flag
  • Trulia User
    "I talked to my neighbor from time to time. Any other no other no just wave at my neighbors when passing by. Everyone is to themselves. "
    1
    Flag
  • Trulia User
    "right in the heart of Graceland, a city mall, numerous restaurant, grocery stores, and well lit streets. Very safe neighborhood with low crime, and nearby police and fire stations "
    6
    Flag
  • Trulia User
    "Tenured neighbors are friendly and watch out for each other. Great neighborhood to live in and everyone takes care of their property. "
    2
    Flag
  • Trulia User
    "The Elvis Presley Mansion/Museum is minutes away. This neighborhood is also 10 minutes away from downtown Memphis. "
    0
    Flag
  • Mwangirajoun
    "It’s ok over here. I like the elderly people who are truly amazing. The neighborhood is decent for the most part, I actually feel safe even though it’s lower income in some areas. My kids like to go outside and it’s lots of space to play for them. I still wanna move though. I just want to have more room and a quieter environment. I honestly need a safe place to own a pet. I worry about his safety. "
    52
    Flag
  • Willdogood64
    "I have live in the area for over four year..So when I start looking to buy a home I wanted to stay in this area..I like how you can get around from end of town to the next one in 15 to 20 minute."
    18
    Flag
  • Positive E.
    "I have lived in the Diamond Estates Community for 20 years now and I have never had any problems. Everyone focuses on the upkeep of their home and maintaining their property value. You will not make a bad choice when choosing this community. "
    26
    Flag
  • Markesha M.
    "Our neighborhood is gated and code locked. The Day Estates subdivision is predominantly African American. No crime whatsoever happens behind our gates. We know each neighbor by name. It’s a small community, maybe 20 homes. The owner of the land lives in the neighborhood. The Day Estates should have a much higher property value than its given. "
    21
    Flag
  • Lisalou1227
    "I lived here for most of my life. I moved to Atlanta for 10 years and moved back here. All of the neighbors are connected and know each other very well. We look out for each other to help maintain a safe environment "
    27
    Flag
  • Markesha M.
    "Lived here in and off my whole life. I’ve never had any disruptions myself, but I know of many bad eggs that live in the area. There are also many retirees that cause no trouble at all."
    15
    Flag
  • Sherry W.
    "There isnt enough thing for the children to do around here need more affordable camps for summer time"
    4
    Flag
  • Kimberly
    "People enjoy walking their dog and enjoy the peaceful area and they have dog parks near by. a few of people walk their dog daily."
    0
    Flag
  • Trulia User
    "The community that I live in is a community of mostly older people, no parks, and no sidewalks which is very important. The Elementary school in the neighborhood has been closed."
    3
    Flag
  • Schanaquejohnson
    "I've been living in the same place for the last 24 yrs. We've raised 4 kids and grandkids here. The schools are close by in walking distance as well as shopping centers and local restaurants ."
    2
    Flag
  • Belinda B.
    "There are friendly families that lives around, parks, grocery stores, schools, community centers,gas stations and workshops "
    1
    Flag
  • Mrsknutso
    "Indian hills annual festival for kids and adults. There is food, games, m music and lots of fun and fellowship. "
    2
    Flag
  • Briharris52003
    "My neighbors are mixed in age , settled and millennials! Friendly area Historic sights.20min from everywhere! "
    0
    Flag

LGBTQ Local Legal Protections

Tyler Tapley, Crye-Leike, Inc., REALTORS, (901) 756-8900
Listing content and images Copyright 2026 Memphis Area Association of REALTORS®. Information provided is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Do not rely upon listing data without independently verifying it.
Some or all of the listings displayed may not belong to the firm whose website is being visited.
386 Elder Rd, Memphis, TN 38109 is a 3 bedroom, 2 bathroom, 1,208 sqft single-family home built in 1954. 386 Elder Rd is located in White Haven-Coro Lake, Memphis. This property is currently available for sale and was listed by MAAR on Jan 19, 2026. The MLS # for this home is MLS# 10213197.