Available
$159,000(ARV: $230,000)71% of ARV

Shelby County, Memphis, TN 38116

3 bd2 ba2,136 sfBuilt 1971

10 days ago

Gross spread$66,000

Description

LOTS OF MEAT ON THE BONE Looking for your next flip or high-equity BRRRR? This massive 2,136 sqft brick ranch at 2009 McPherson Rd is packed with potential. Featuring 3 bedrooms, 2 bathrooms, a large living area with a fireplace, and a massive yard, this property gives you plenty of square footage to build forced equity. With similar renovated homes in the immediate area trading near $190k+, there is plenty of meat left on the bone for a rehabber. Deal Specs: Potential Rental Income: $1,600.00 ARV: $230,000.00 + ARV COMPS ↓ $235,000 - 5388 Hebron Dr, Memphis, TN 38116 $215,000 - 5080 Boeingshire Dr, Memphis, TN 38116 $215,000 - 4961 Boeingshire Dr, Memphis, TN 38116 Call today for more details. Call Your Broker (Adam) today at ORBIT at [contact details hidden].

Price and status history

  1. $164,000 → $159,000−$5,000
    Oct 27, 2026 · 5d ago

Observed by our own harvest of the originating listing, not a public record.

Verified — contract control only

The originating marketplace confirmed that the seller holds an executed purchase contract on this property. That is the whole of what it attests. It is not a check of the asking price, the condition, the repair estimate, the after-repair value or whether the deal is profitable. A deal without this badge is not unsafe — most have simply never been checked.

$/sqft vs market

This deal$74/sqft
Market median$116/sqft
Difference−36% below

Median of 15 comparable listings matched on ZIP + property type. A narrow sample moves a lot; read it as context, not as a valuation.

Property

Bedrooms3
Bathrooms2
Square feet2,136
Lot size11,631 sf
Year built1971
ConditionLight Rehab
OccupancyOwner Occupied
ParkingAttached Garage

Systems & condition

Roof age4-10 yrs
HeatingFurnace · 6-10 yrs
Air conditioningCentral AC
FoundationSlab
Foundation conditionExcellent

Self-reported by the seller. Not inspected.

Property information

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