$79,900
Original price: $82,000
- 3 Beds
- 1 Bath
- 903 sqft
4575 Spring Glen Dr, Memphis, TN 38128
Est. Mortgage $564/mo*
Get Pre-QualifiedHome Highlights
Single-Family Home
Built in 1972
$88/sqft
Open Parking
Local Information
-- mins to
About this House
Investors, you won't want to miss this opportunity! Well maintained property with built in value; currently priced to exceed than the 1% rule! Tenant-occupied. Do not disturb. Showings by appointment only with accepted offer and proof of funds. Professionally managed cash-flowing 3BD/1BA brick home in a quiet Memphis cove generating $835/month with a month-to-month tenant in place. Current estimated market rent $950 per month. Near Austin Peay Hwy with easy access to Raleigh Springs shopping, dining, and I-40/I-240 — attractive to a large renter pool. Lower maintenance brick exterior. Recent updates include new carpet and exterior paint. Property to be sold in AS-IS condition. Photos reflect pre-tenancy condition. Property is currently tenant-occupied.
Last check for updates: about 12 hours ago
Listing courtesy of Aaron Ivey
eXp Realty, (901) 671-1015
Alyssa Ivey
eXp Realty, (901) 671-1015
Source: MAAR, MLS#10224142

Also Listed on MAAR, eXp Realty.
Home Details for 4575 Spring Glen Dr
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Interior Details Number of Rooms: 6Types of Rooms: Master Bedroom, Bedroom 2, Bedroom 3, Dining Room, Kitchen, Living Room, Den |
Beds & Baths Number of Bedrooms: 3Number of Bathrooms: 1Number of Bathrooms (full): 1 |
Dimensions and Layout Living Area: 903 Square Feet |
Heating & Cooling Heating: CentralHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Central |
Fireplace & Spa No Fireplace |
Windows, Doors, Floors & Walls Flooring: Part Carpet, Tile |
Levels, Entrance, & Accessibility Stories: 1Floors: Part Carpet, Tile |
Security Security: Wrought Iron Security Drs |
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Exterior Home Features Patio / Porch: PorchNo Private Pool |
Parking & Garage Number of Covered Spaces: 1No GarageHas Open ParkingParking Spaces: 1Parking: Driveway/Pad,Storage |
Pool Pool: None |
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Cumulative Days on Market: 81Days on Market: 97 |
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Year Built Year Built: 1972 |
Property Type / Style Property Type: ResidentialProperty Subtype: Single Family ResidenceStructure Type: General ResidentialArchitecture: Ranch,Traditional |
Building Construction Materials: Brick Veneer, Wood/CompositionNot a New ConstructionNot Attached PropertyDoes Not Include Home Warranty |
Property Information Parcel Number: 090006 00016 |
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Price List Price: $79,900Price Per Sqft: $88 |
Status Change & Dates Possession Timing: Close Of Escrow, Subject To Tenant Rights |
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MLS Status: Active |
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Direction & Address City: MemphisCommunity: Spring Valley Blk B |
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Listing Agent Listing ID: 10224142 |
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Lot Area: 3920.4 sqft |
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Mls Number: 10224142Living Area Range Units: Square FeetBack On Market Date: Wed Aug 12 2026 |
Around this home
What Locals Say about Raleigh
At least 301 Trulia users voted on each feature.
86 % Say car is needed
83 % Say yards are well-kept
74 % Say parking is easy
66 % Say there are sidewalks
65 % Say there's holiday spirit
62 % Say kids play outside
57 % Say streets are well-lit
52 % Say it's dog friendly
48 % Say it's quiet
44 % Say there's wildlife
43 % Say neighbors are friendly
36 % Say they plan to stay for at least 5 years
26 % Say it's walkable to restaurants
23 % Say it's walkable to grocery stores
20 % Say people would walk alone at night
16 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
Market trends in Raleigh
Last updated August 2026
Avg. sale price
$135K
$7.23KMoM
Sale-to-List Price
98.1%
0.6%MoM
Price per sq ft
$88
$4MoM
Available listings
221
2MoM
Home Value
Learn more about this home's value by checking out the value of nearby homes and how much similar homes have sold for.
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 |
|---|---|---|---|---|---|---|---|
0.05 | Single-Family Home | $75,000 | 08/04/26 | 3 | 1 | 1,000 | |
0.11 | Single-Family Home | $95,000 | 02/13/26 | 3 | 1 | 1,100 | |
0.13 | Single-Family Home | $100,000 | 07/07/26 | 3 | 1 | 900 | |
0.14 | Single-Family Home | $112,000 | 01/28/26 | 3 | 1 | 900 | |
0.24 | Single-Family Home | $56,000 | 10/17/25 | 3 | 1 | 1,095 | |
0.21 | Single-Family Home | $98,000 | 08/14/26 | 3 | 1 | 978 |
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 |
|---|---|---|---|---|---|---|
0.05 | $75,000 | 3 | 1 | 1,000 | Recently Sold | |
0.04 | $128,000 | 4 | 1.5 | 1,331 | Off Market | |
0.06 | $108,000 | 3 | 1 | 993 | For Sale | |
0.07 | $99,900 | 3 | 1 | 1,033 | For Sale | |
0.08 | $144,100 | 4 | 1.5 | 1,089 | Off Market | |
0.08 | $112,800 | 3 | 1 | 1,074 | Off Market | |
0.09 | $75,900 | 3 | 1 | 1,123 | For Sale | |
0.09 | $87,900 | 3 | 1 | 1,248 | Off Market | |
0.11 | $95,000 | 3 | 1 | 1,100 | Recently Sold | |
0.13 | $141,500 | 3 | 2 | 1,152 | Off Market | |
0.12 | $161,800 | 3 | 2 | - | Off Market |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Sep 12, 2026 Source: MAAR #10224142 | PriceChange | $79,900 Price decreased by 3% |
Aug 12, 2026 Source: MAAR #10224142 | PendingToActive | $82,000 |
Aug 6, 2026 Source: MAAR #10224142 | Pending | $82,000 |
Jul 14, 2026 Source: MAAR #10224142 | PriceChange | $82,000 Price decreased by 3% |
Jun 17, 2026 Source: MAAR #10224142 | Listed For Sale | $84,900 |
Nov 18, 2024 Source: Zillow Rentals | ListingRemoved | $850 |
Oct 25, 2024 Source: Zillow Rentals | Listed For Rent | $950 |
Jun 1, 2023 Source: Zillow Rentals | ListingRemoved | |
May 24, 2023 Source: Zillow Rentals | Listed For Rent | $795 |
Feb 12, 2019 Source: Agent Provided | ListingRemoved | $550 |
Feb 8, 2019 Source: Agent Provided | Listed For Rent | $550 |
Nov 7, 2018 Source: Agent Provided | ListingRemoved | $33,900 |
May 16, 2018 Source: Agent Provided | Listed For Sale | $33,900 |
Mar 2, 2013 Source: Agent Provided | ListingRemoved | $60,000 |
Jun 20, 2011 Source: Agent Provided | Listed For Sale | $60,000 |
Jun 14, 2011 Source: N/A | Sold | $16,500 |
Apr 30, 2011 Source: Agent Provided | PriceChange | $14,900 Price decreased by 75% |
Dec 24, 2010 Source: Agent Provided | PriceChange | $60,000 Price increased by 100% |
Dec 12, 2010 Source: Agent Provided | PriceChange | $30,000 Price decreased by 50% |
Dec 4, 2010 Source: Agent Provided | PriceChange | $60,000 Price increased by 71% |
Nov 20, 2010 Source: Agent Provided | PriceChange | $35,000 Price decreased by 13% |
Nov 4, 2010 Source: Agent Provided | PriceChange | $40,000 Price decreased by 11% |
Oct 20, 2010 Source: Agent Provided | PriceChange | $45,000 Price decreased by 25% |
Oct 10, 2010 Source: Agent Provided | PriceChange | $60,000 Price increased by 33% |
Sep 15, 2010 Source: Agent Provided | PriceChange | $45,000 Price decreased by 10% |
Sep 2, 2010 Source: Agent Provided | Listed For Sale | $50,000 |
Apr 26, 2007 Source: N/A | Sold | $51,200 |
Jul 28, 2006 Source: N/A | Sold | $30,000 |
Oct 17, 1994 Source: N/A | Sold | $35,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $1,017 | $77,200 |
Home facts updated by county records
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Aaron Ivey, eXp Realty, (901) 671-1015

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.
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 4575 Spring Glen Dr
- What is the estimated monthly payment for 4575 Spring Glen Dr?Based on a $79,900 list price with 20% down at today's rates, the estimated monthly payment for 4575 Spring Glen Dr in Memphis, TN is approximately $572 (about $433 principal & interest, $64 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
- How does the list price for 4575 Spring Glen Dr compare to homes in Memphis?4575 Spring Glen Dr in Memphis, TN is listed at $79,900, about 41% below the $135K median sale price in Memphis.
- What do residents say about the Raleigh neighborhood?Residents describe the Raleigh neighborhood in Memphis, TN as well-kept, easy to park in, and pedestrian-friendly. See homes for sale in Raleigh, Memphis.
- What are the closest schools to 4575 Spring Glen Dr?The closest schools to 4575 Spring Glen Dr in Memphis, TN are Keystone Elementary School (Pre-K, rated 4/10), Raleigh Egypt High School (Middle, rated 4/10).
- Does 4575 Spring Glen Dr have air conditioning?Yes, 4575 Spring Glen Dr in Memphis, TN has air conditioning.
- How big is the lot at 4575 Spring Glen Dr?The lot at 4575 Spring Glen Dr in Memphis, TN is about 0.09 acres (3,920 sq ft).

