389 W Mitchell Rd, Memphis, TN 38109
Property image
Property image
FOR SALE

$118,000

  • 3 Beds
  • 1 Bath
  • 948 sqft

389 W Mitchell Rd, Memphis, TN 38109

White Haven-Coro Lake
Est. Mortgage $797/mo*
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Home Highlights

Single-Family Home
Built in 1956
$124/sqft
Open Parking

Local Information

  • Map ViewExplore the area around 389 W Mitchell Rd.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

About this House

CALLING ALL INVESTORS!!!  Seller is willing to sell this property as part of a package with 2961-2963 GRENADIER CV/Vacant and 5025 BERTA RD/Occupied at a REDUCED PRICE. Contact co-listing or your agent for more info! This tenant-occupied rental offers an opportunity to add another income-producing property to your portfolio. This 3-bedroom, 1-bath single-family home is currently generating $1,045/ month in rental income, with the current lease running through 04/03/2028. An opportunity to purchase an income-producing property with a tenant already in place. Please do not disturb the tenant. No showings without an accepted offer. NO wholesale, assignment or creative financing offers will be accepted. Financials available upon request. Professionally Managed IN-HOUSE
Last check for updates: about 14 hours ago
Listing courtesy of James C Wachob
Foundation Property Management, (901) 633-1484
Dana Landry
Foundation Property Management, (901) 633-1484
Source: MAAR, MLS#10225449
Also Listed on MAAR.

Home Details for 389 W Mitchell Rd

Interior Features

Interior Details
Number of Rooms: 5Types of Rooms: Master Bedroom, Dining Room, Living Room, Den
Beds & Baths
Number of Bedrooms: 3Number of Bathrooms: 1Number of Bathrooms (full): 1
Dimensions and Layout
Living Area: 948 Square Feet
Heating & Cooling
Heating: CentralHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Central
Fireplace & Spa
No Fireplace
Windows, Doors, Floors & Walls
Flooring: Vinyl
Levels, Entrance, & Accessibility
Stories: 1Floors: Vinyl

Exterior Features

Exterior Home Features
Exterior: Other (See REMARKS)No Private Pool
Parking & Garage
No GarageHas Open ParkingParking: Driveway/Pad
Pool
Pool: None

Days on Market

Cumulative Days on Market: 66Days on Market: 68

Property Information

Year Built
Year Built: 1956
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family ResidenceStructure Type: General ResidentialArchitecture: Traditional
Building
Construction Materials: Brick Veneer, Vinyl SidingNot a New ConstructionNot Attached PropertyDoes Not Include Home Warranty
Property Information
Parcel Number: 075087 00011

Price & Status

Price
List Price: $118,000Price Per Sqft: $124
Status Change & Dates
Possession Timing: Subject To Tenant Rights

Active Status

MLS Status: Active

Location

Direction & Address
City: MemphisCommunity: J E Walker Homes

Agent Information

Listing Agent
Listing ID: 10225449

Lot Information

Lot Area: 8712 sqft

Miscellaneous

Mls Number: 10225449Living Area Range Units: Square Feet

Around this home

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 339 Trulia users voted on each feature.

  • 87 % Say car is needed

  • 85 % 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

  • 49 % 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

  • 25 % 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

Market trends in White Haven-Coro Lake

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$112K
$1.7KMoM
Sale-to-List Price
98.5%
1.2%MoM
Price per sq ft
$85
$2MoM
Available listings
353
6MoM

Home Value

Trulia Estimate
$113K
Since last month
Decreased$800 (-0.7%)
Since last year
Increased$15K (+15.7%)
Since last sale
Increased$14K (+13.8%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +445% in the last 10 years
MonthEstimated value
2026
August 2026$113K
August 2026$113K
July 2026$114K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
3437 Rochester Rd, Memphis, TN
0.07
Single-Family Home
$77,000
02/20/26
3
1
830
364 Elder Rd, Memphis, TN
0.06
Single-Family Home
$69,000
04/21/26
3
1
812
407 Jenson Cv, Memphis, TN
0.17
Single-Family Home
$121,500
07/21/26
3
1
936
393 Carbon Rd, Memphis, TN
0.11
Single-Family Home
$154,300
08/05/26
3
1
1,530
518 Jenson Rd, Memphis, TN
0.34
Single-Family Home
$106,000
01/07/26
3
1
938
511 Jenson Rd, Memphis, TN
0.31
Single-Family Home
$62,000
12/02/25
3
1
922
321 Elder Rd, Memphis, TN
0.14
Single-Family Home
$58,000
12/29/25
2
1
840
3452 W Horn Lake Rd, Memphis, TN
0.42
Single-Family Home
$124,600
07/31/26
3
1
908

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
380 Elder Rd, Memphis, TN 38109
0.04
$99,900
3
1
804
For Sale
416 Carbon Cv, Memphis, TN 38109
0.05
$109,900
3
1
1,100
For Sale
364 Elder Rd, Memphis, TN 38109
0.06
$69,000
3
1
812
Recently Sold
371 W Mitchell Rd, Memphis, TN 38109
0.03
$101,900
3
1
964
Off Market
357 W Mitchell Rd #7&8 & 9, Memphis, TN 38109
0.05
$70,000
-
-
-
For Sale
357 W MITCHELL RD, Memphis, TN 38109
0.05
$70,000
-
-
-
For Sale
382 Carbon Rd #424, Memphis, TN 38109
0.10
-
-
-
-
Off Market
393 Carbon Rd, Memphis, TN 38109
0.11
$154,300
3
1
1,530
Recently Sold
3479 Rochester Rd, Memphis, TN 38109
0.13
$162,200
3
2
-
Off Market
321 Elder Rd, Memphis, TN 38109
0.14
$58,000
2
1
840
Recently Sold
3503 Rochester Rd, Memphis, TN 38109
0.18
$93,400
3
1
-
Off Market

Price and Tax history

DateEventPrice
Jul 6, 2026
Source: MAAR #10225449
PriceChange
$118,000
Price increased by 11,192%
Mar 31, 2026
Source: Zillow Rentals
ListingRemoved
$1,045
Dec 16, 2025
Source: Zillow Rentals
Listed For Rent
$1,045
Sep 9, 2022
Source: Zillow Rental Network Premium
ListingRemoved
Aug 22, 2022
Source: MAAR #10131722
Listed For Sale
$99,000

LGBTQ Local Legal Protections

James C Wachob, Foundation Property Management, (901) 633-1484
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.

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Frequently asked questions about 389 W Mitchell Rd

  • What is the estimated monthly payment for 389 W Mitchell Rd?
    Based on a $118,000 list price with 20% down at today's rates, the estimated monthly payment for 389 W Mitchell Rd in Memphis, TN is approximately $805 (about $636 principal & interest, $94 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
  • How does the list price for 389 W Mitchell Rd compare to homes in Memphis?
    389 W Mitchell Rd in Memphis, TN is listed at $118,000, about 5% above the $112K median sale price in Memphis.
  • What do residents say about the White Haven-Coro Lake neighborhood?
    Residents describe the White Haven-Coro Lake neighborhood in Memphis, TN as well-kept, easy to park in, and pedestrian-friendly. See homes for sale in White Haven-Coro Lake, Memphis.
  • What are the closest schools to 389 W Mitchell Rd?
    The closest schools to 389 W Mitchell Rd in Memphis, TN are Chickasaw Junior High School (rated 4/10), Ford Road Elementary School (Pre-K, rated 3/10), Mitchell High School (rated 3/10).
  • Does 389 W Mitchell Rd have air conditioning?
    Yes, 389 W Mitchell Rd in Memphis, TN has air conditioning.
  • How big is the lot at 389 W Mitchell Rd?
    The lot at 389 W Mitchell Rd in Memphis, TN is about 0.20 acres (8,712 sq ft).
389 W Mitchell Rd, Memphis, TN 38109 is a 3 bedroom, 1 bathroom, 948 sqft single-family home built in 1956. 389 W Mitchell Rd is located in White Haven-Coro Lake, Memphis. This property is currently available for sale and was listed by MAAR on Jul 6, 2026. The MLS # for this home is MLS# 10225449.