4231 Arrowhead Rd, Memphis, TN 38118
Property image
Property image
OFF MARKET

$88,300

Trulia Estimate
  • 3 Beds
  • 1 Bath
  • 985 sqft

4231 Arrowhead Rd, Memphis, TN 38118

Parkway Village-Oakhaven
Est. Refi. Payment $605/mo*
Refinance Your Home
Currently Off Market - Sold Nov 13, 2020 for $52,575

Home Value

Trulia Estimate
$88.3K
Since last month
Decreased$3K (-3.2%)
Since last year
Decreased$3K (-2.9%)
Since last sale
Increased$36K (+68.3%)
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 +94% in the last 10 years
MonthEstimated value
2026
August 2026$89K
August 2026$88K
July 2026$91K
June 2026$91K
May 2026$96K
April 2026$93K
March 2026$85K
February 2026$84K
January 2026$82K
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
4168 Cochese Rd, Memphis, TN
0.15
Single-Family Home
$75,000
03/05/26
3
1
1,047
4231 Kenosha Rd, Memphis, TN
0.19
Single-Family Home
$42,916
06/18/26
3
1
1,224
4242 Cochese Rd, Memphis, TN
0.09
Single-Family Home
$94,000
03/03/26
3
2
1,128
4225 Navaho Ave, Memphis, TN
0.05
Single-Family Home
$90,000
07/17/26
3
1.5
1,068
4173 Cottonwood Rd, Memphis, TN
0.21
Single-Family Home
$106,500
02/13/26
3
1
1,089
4073 Cottonwood Rd, Memphis, TN
0.35
Single-Family Home
$77,780
07/31/26
3
1
918
3006 Phyllis Ln, Memphis, TN
0.35
Single-Family Home
$60,000
03/10/26
3
1
1,342
4080 Cottonwood Rd, Memphis, TN
0.32
Single-Family Home
$70,000
02/06/26
3
2
1,110
2964 Randy Ln, Memphis, TN
0.31
Single-Family Home
$25,000
11/17/25
3
1
1,200
4245 Cottonwood Rd, Memphis, TN
0.15
Single-Family Home
$140,000
06/01/26
3
1
1,436

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
4241 Arrowhead Rd, Memphis, TN 38118
0.02
$122,700
3
1
949
Off Market
4225 Arrowhead Ave, Memphis, TN 38118
0.01
$121,200
3
1.5
1,060
Off Market
4225 Navaho Ave, Memphis, TN 38118
0.05
$90,000
3
1.5
1,068
Recently Sold
4236 Arrowhead Rd, Memphis, TN 38118
0.03
$152,700
3
1.5
1,145
Off Market
2889 Goodlett Rd, Memphis, TN 38118
0.11
$94,500
3
1
884
Off Market
4231 Cochese Rd, Memphis, TN 38118
0.06
$133,400
3
1.5
1,170
Off Market
4204 Chippewa Rd, Memphis, TN 38118
0.09
$130,600
3
1.5
922
Off Market
4213 Cochese Ave, Memphis, TN 38118
0.07
$120,700
3
1.5
1,240
Off Market
4213 Chippewa Rd, Memphis, TN 38118
0.11
$151,900
3
1
1,120
Off Market
4213 Cochese Rd, Memphis, TN 38118
0.07
$150,600
3
1.5
1,240
Off Market
4187 Arrowhead Ave, Memphis, TN 38118
0.08
$90,400
3
1
980
Off Market
4218 Cochese Ave, Memphis, TN 38118
0.09
$117,900
3
1.5
1,133
Off Market

Local Information

  • Map ViewExplore the area around 4231 Arrowhead Rd.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1967
985 sqft
$90/sqft

About this House

Newly Rehabbed Home in Parkway Village - This is a three bedroom one full bathroom home that has been freshly painted throughout. There is new LVP wood floors that have also been laid throughout the home as well. Great sized living room and spacious kitchen. Newly updated bathroom and the home has an attached carport with a storage room attached. Very nice home that will rent quickly!

This homeowner has chosen to not be on the voucher program.

**Note: this home is in as in condition only, please take note of that when going to view the home- we mean as appearance wise not the functionality of the home or maintenance of the home**

We simply verify your source of income and rental history. We require that you make 3 times the monthly rent. When using the help of a government assistance program such as Section 8, this is not an income requirement. We run a background and credit check. On the background we are ensuring that you are not wanted by law, not a registered sex offender and no recent background issues. On the credit, we are not looking for a certain credit score as much as we are looking to see if you have anything involving housing or utilities on the credit. Our turn around time is typically 3-5 business days.

(RLNE6492431)
4231 Arrowhead Rd, Memphis, TN 38118 is a 3 bedroom, 1 bathroom, 985 sqft single-family home in Parkway Village-Oakhaven, built in 1967. It last sold for $52,575 on Nov 13, 2020. More recently, it was listed as a rental in May 2024 with an asking price of $1,085 per month. That rental listing was removed on July 16, 2024. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $88,300, with a rent estimate of $1,169/month.

Home Details for 4231 Arrowhead Rd

Interior Features

Heating & Cooling
Heating: Forced Air, GasAir ConditioningHeating Fuel: Forced Air
Levels, Entrance, & Accessibility
Stories: 2Floors: Hardwood
Interior Details
Number of Rooms: 5
Fireplace & Spa
Fireplace

Exterior Features

Exterior Home Features
Roof: CompositionExterior: OtherPatio
Parking & Garage
Parking Space: 1Parking: None

Property Information

Year Built
Year Built: 1967
Property Type / Style
Property Type: Single Family HomeArchitecture: Ranch / Rambler

Community

Units in Building: 1

Lot Information

Lot Area: 6969 sqft

Price and Tax history

DateEventPrice
Jul 16, 2024
Source: Zillow Rentals
ListingRemoved
May 4, 2024
Source: Zillow Rentals
Listed For Rent
$1,085
Mar 12, 2021
Source: Zillow Rental Network Premium
ListingRemoved
Mar 10, 2021
Source: Zillow Rental Network Premium
Listed For Rent
$850
Nov 13, 2020
Source: MAAR #10085093
Sold
$52,575

Market trends in Parkway Village-Oakhaven

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$130K
$904MoM
Sale-to-List Price
—
Price per sq ft
$93
$2MoM
Available listings
120
1MoM

Around this home

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

Parkway Village-Oakhaven
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Parkway Village-Oakhaven

At least 205 Trulia users voted on each feature.

  • 86 % Say car is needed

  • 82 % Say yards are well-kept

  • 81 % Say there are sidewalks

  • 72 % Say parking is easy

  • 68 % Say kids play outside

  • 60 % Say streets are well-lit

  • 59 % Say there's holiday spirit

  • 49 % Say it's dog friendly

  • 47 % Say it's quiet

  • 43 % Say they plan to stay for at least 5 years

  • 42 % Say it's walkable to grocery stores

  • 40 % Say neighbors are friendly

  • 36 % Say there's wildlife

  • 33 % Say it's walkable to restaurants

  • 26 % Say people would walk alone at night

  • 24 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Timothy Mcneal
    "We are family-oriented and it is a pleasant area to raise a family and up keep is pretty good as well"
    0
    Flag
  • Doridan325
    "I believe they wouldn’t like other dog owners not be able to handle or train their dog properly. I also believe they will like friendly dog owners."
    1
    Flag
  • Trulia User
    "there aren't many great or awesome things about this area, not much uniquenessbut if you reference the gun shooting and fast cars on my street, it's still not unique. I don't like it here. I grew up in this city."
    5
    Flag
  • Trulia User
    "it has its good and bad areas. middle class and poverty all in one due to alot of rental properties. "
    3
    Flag
  • Chalese M.
    "I completed my teenage years in this neighborhood, the school was good and the neighborhood is really quiet."
    13
    Flag
  • Chrisndbritt
    "The neighbors and the up keep of our community,safety and always neatness and everyone wants to keep up there neighborhood."
    5
    Flag
  • Verlencia M.
    "Use to be a nice neighborhood. Lot’s of crime. Lot’s car break in and home break in’s. School’s are ok. "
    8
    Flag
  • Someone
    "No events happen around here. People pretty much keep to themselves. I barely even know my neighbors on my street and I’ve lived here for almost my whole life. "
    8
    Flag
  • Robert D.
    "The people make a community what it is. These people need to realize the value of what is and could be here. This neighborhood can be what it was before they got here."
    14
    Flag
  • Kimberly D.
    "I love parkway villiage best place to move ever. I been staying out here for years nice area to raise you children(s)"
    13
    Flag
  • By.grace.mwm
    "Parkway village is not a good place to live. There are gunshots daily. I was robbed by two guys at gun point working on my car in my own driveway!"
    4
    Flag
  • Garry W.
    "Violence and other issues with people police and unemployed people who have nothing to lose and uneducated people "
    6
    Flag
  • NB
    "The area that it’s in, It is by great schools, high school, middle schools and elementary schools which is ok"
    9
    Flag
  • Preciouspre1
    "People dogs get stolen over here so u have to keep an eye on your dog if u let it out in the front yard..................."
    1
    Flag
  • Demetriusdunlap1011
    "Mellow very laid back and peaceful really good reassurance that it’s a good area . Even the schools in the community is great "
    10
    Flag
  • Delandersr17
    "Nothing I've noticed in years, beside the Oakhaven High football home coming. A beauty shop named Divine Look use to have many events but it's moved, and the area has been pretty dull after that."
    3
    Flag
  • Regina Chalmers
    "This neighborhood is very quiet we have lived here for 3 yrs now and really love living in this area. Friendly neighborhood."
    11
    Flag
  • Delandersr17
    "Dogs are welcomed, and not many vicious type dogs from what I've observed in the area. Not many dog friendly accessible park nor pet stores nearby I don't really see much that a dog owner would like about the area."
    1
    Flag
  • T H.
    "This neighborhood is horrible, shootouts, everyday, drug dealers, lack of police presence, not a safe place for children. I would not recommend this area."
    1
    Flag
  • Antonio
    "it's not it's a lot of crime around here and violence and burglary and drug dealers around the childrens.They have shoot outs everyday and nights until you can't sleep. "
    95
    Flag
  • Richard P.
    "beware of gun fire. there are weapons discharged nightly, a drive-by happened 4 doors away. this is not a good area for families or children. "
    10
    Flag
  • Sheri W.
    "Greatest neighborhood ever in the 20 Years l lived here.Nice and peaceful place is important and size of the home is priceless, affordable and l know trulia will help me with finding the right home for me and my family "
    2
    Flag

LGBTQ Local Legal Protections

Frequently asked questions about 4231 Arrowhead Rd

  • What is 4231 Arrowhead Rd estimated to be worth?
    Trulia's estimated value for 4231 Arrowhead Rd in Memphis, TN is $88,300.
  • What is the price history for 4231 Arrowhead Rd?
    4231 Arrowhead Rd in Memphis, TN last sold for $52,575 in November 2020.
  • Is Memphis a buyer's or seller's market?
    Memphis is currently a balanced market, based on recent for-sale activity.
  • What's the median sale price in Memphis?
    The median sale price in Memphis is $130K. That is down $904 from the prior month.
  • How big is the lot at 4231 Arrowhead Rd?
    The lot at 4231 Arrowhead Rd in Memphis, TN is about 0.16 acres (6,969 sq ft).
  • Does 4231 Arrowhead Rd have parking?
    Yes, 4231 Arrowhead Rd in Memphis, TN has on-site parking.

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Off Market Homes Near 4231 Arrowhead Rd

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