541 McElroy Rd
Memphis, TN 38120
East Memphis-Colonial-Yorkshire- 4 Beds
- 2.5 Baths
- 2,487 sqft
4 Beds
2.5 Baths
2,487 sqft
Local Information
-- mins to
Home Highlights
Property Type
Single-Family Home
Year Built
1997
Living Area
2,487 sqft
Price/Sqft
$134
Parking
Garage
HOA
$21/Monthly
Description
A light-filled home with spacious rooms and open floorplan is ready for you! Enter the two-story foyer and look right out to your secret garden. Primary bedroom with vaulted ceiling, huge ensuite, & walk-in closet downstairs; 3 bedrooms and renovated bath up. You're going to love entertaining indoors or out with a convenient kitchen, keeping room, beautiful dining room, and private patio. The gas fireplace will be a favorite gathering spot. Two car garage, laundry room, and tons of closets!
541 McElroy Rd, Memphis, TN 38120 is a 4 bedroom, 3 bathroom, 2,487 sqft single-family home in East Memphis-Colonial-Yorkshire, built in 1997. It last sold for $395,000 on Apr 22, 2022 (8% above the $365,000 asking price). It is currently off market. The Trulia Estimate is $334,400, with a rent estimate of $2,402/month.
Home Details for 541 McElroy Rd
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Interior Details Number of Rooms: 8Types of Rooms: Master Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Master Bathroom, Dining Room, Kitchen, Living Room, Den |
Beds & Baths Number of Bedrooms: 4Number of Bathrooms: 3Number of Bathrooms (full): 2Number of Bathrooms (half): 1 |
Dimensions and Layout Living Area: 2487 Square Feet |
Appliances & Utilities Appliances: Range/Oven, Disposal, Dishwasher, Refrigerator, Washer, DryerDishwasherDisposalDryerLaundry: Laundry RoomRefrigeratorWasher |
Heating & Cooling Heating: CentralHas CoolingAir Conditioning: Central Air,Ceiling Fan(s)Has HeatingHeating Fuel: Central |
Fireplace & Spa Number of Fireplaces: 1Spa: Whirlpool(s), BathHas a FireplaceHas a Spa |
Windows, Doors, Floors & Walls Window: Wood FramesFlooring: Part Hardwood, Part Carpet, Tile |
Levels, Entrance, & Accessibility Stories: 1.5Floors: Part Hardwood, Part Carpet, Tile |
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Exterior Home Features Patio / Porch: PatioFencing: Wood, Wood FenceExterior: SidewalksNo Private Pool |
Parking & Garage Number of Covered Spaces: 2Has a GarageParking Spaces: 2Parking: Garage Faces Side |
Pool Pool: None |
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Cumulative Days on Market: 3 |
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Year Built Year Built: 1997 |
Property Type / Style Property Type: ResidentialProperty Subtype: Single Family ResidenceStructure Type: General ResidentialArchitecture: Traditional |
Building Construction Materials: Brick VeneerNot a New ConstructionNot Attached PropertyDoes Not Include Home Warranty |
Property Information Parcel Number: 068006 C00017 |
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Price List Price: $365,000 |
Status Change & Dates Off Market Date: Sun Apr 03 2022Possession Timing: Rental Agreement, Close Of Escrow |
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MLS Status: Closed |
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Direction & Address City: MemphisCommunity: Mckenzie Park Pd |
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Has an HOAHOA Fee: $255/Annually |
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Lot Area: 8276.4 sqft |
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Mls Number: 10120667Living Area Range: 2200-2399Living Area Range Units: Square Feet |
Last check for updates: about 22 hours ago
Listed by Margaret E Mikkelsen
Crye-Leike, Inc., REALTORS
Bought with: Jorge Pereyra, Casa America Realty
Source: MAAR, MLS#10120667

Price History for 541 McElroy Rd
| Date | Price | Event | Source |
|---|---|---|---|
| 04/22/2022 | $395,000 | Sold | MAAR #10120667 |
| 04/04/2022 | $365,000 | Pending | MAAR #10120667 |
| 03/31/2022 | $365,000 | Listed For Sale | MAAR #10120667 |
Market trends in East Memphis-Colonial-Yorkshire
Last updated June 2026
Avg. sale price
$218K
$7KMoM
Sale-to-List Price
97.7%
0.4%MoM
Price per sq ft
$145
$5MoM
Available listings
749
25MoM
Comparable Sales for 541 McElroy Rd
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.22 | Single-Family Home | $390,000 | 11/03/25 | 4 | 2.5 | 2,883 | |
0.18 | Single-Family Home | $468,500 | 03/31/26 | 4 | 2.5 | 2,638 | |
0.11 | Single-Family Home | $437,500 | 09/02/25 | 4 | 2.5 | 3,385 | |
0.20 | Single-Family Home | $430,000 | 12/22/25 | 4 | 3.5 | 3,197 | |
0.05 | Single-Family Home | $289,000 | 05/21/26 | 3 | 2 | 1,735 | |
0.05 | Single-Family Home | $709,900 | 06/30/26 | 4 | 3.5 | 3,549 | |
0.21 | Single-Family Home | $360,000 | 01/12/26 | 3 | 2 | 1,812 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 541 McElroy Rd.
What Locals Say about East Memphis-Colonial-Yorkshire
At least 529 Trulia users voted on each feature.
89 % Say there are sidewalks
89 % Say car is needed
86 % Say yards are well-kept
82 % Say it's dog friendly
81 % Say parking is easy
70 % Say there's holiday spirit
64 % Say streets are well-lit
61 % Say kids play outside
56 % Say they plan to stay for at least 5 years
51 % Say neighbors are friendly
51 % Say it's quiet
45 % Say it's walkable to restaurants
43 % Say people would walk alone at night
39 % Say it's walkable to grocery stores
28 % Say there are community events
25 % Say there's wildlife
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
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Apartments for Rent
Homes for sale near 541 McElroy Rd
Off Market Homes Near 541 McElroy Rd

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.
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