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Memphis 38117
4140 CHANWIL AVE
$399,900
● House - Off Market

4140 CHANWIL AVE

Memphis, TN 38117
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,584 Ft²
$2,321
Est. Monthly

About This Property

MLS Entry Only
Unit Size
1,584 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$252
Property Type
House
Property Taxes
$357
HOA Dues
-
Year Built
1955

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 4 months ago (Realtracs #RTC3285710)

Price History

Date / Event Date Event Price
Jul 15, 2026 Sold
Premium
Sold
Jul 14, 2026 Listed by Crye-Leike, Realtors $399,900
Listed by Crye-Leike, Realtors

Property Highlights

Air Conditioning
Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: 6
  • Building Quality: 1
  • Construction Type: 0
  • Building Style: 1
  • Exterior Walls Type: 3
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 3
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 5
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 424
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 102
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,783
  • Lot Size Depth Feet: 1,040
  • Lot Size Frontage Feet: 970
  • Total Building Area: 2,104
  • Gross Building Area: 2,104
  • Building Area: 1,680
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,680
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MAGNOLIA PARK THIRD ADDITION
  • Land Acres: 0000000248
  • Standard Land Use Code: 1001
  • County Land Use Code: 062

Neighborhood

  • School District Name: Shelby County School District
  • Census Tract: 008600

Zoning

  • Zoning: R-10

Geography

  • Assessors Map Reference: MB 18-72
  • District: O
  • Parcel: 05-5017-0-0009
  • Lot: 196
  • Municipality: MEMPHIS
  • Latitude: 35.1364
  • Longitude: -89.9236

    Address

  • Full Address: 4140 Chanwil Pl
  • Address - House Number: 4140
  • Address - Street Name: Chanwil
  • Address - Suffix Type: Pl
  • State: TN
  • City Name: Memphis
  • Carrier Code: C012
  • 4-Digit Zip Code: 2322
  • Zip Code: 38117

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $428,243

    Appraisal Valuation

  • Standard Deviation: 0.2281
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 68
  • Final Value: 394,880
  • High Value: 484,970
  • Low Value: 304,789

    Market Valuation

  • Market Total Value: $281,200
  • Market Land Value: $94,500
  • Market Improvement Value: $186,700

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $70,300
  • Assessed Land Value: $23,625
  • Assessed Improvements Value: $46,675

    Sales

  • Current Sale Contract Date: May 11, 2017
  • Current Sale Recording Date: May 15, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 17048507
  • Previous Sale Recording Date: Dec 03, 2010
  • Previous Sale Contract Date: Nov 30, 2010
  • Previous Sale Amount: $235,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Memphis

Stats & Trends

Median Asking:

$150,000

Sale Price/ft²

$109

Below Asking

0.04%

Average Days on Market

83

Average Home Size

1819 ft²

Average Home Age

64.5 years

Currently For Sale

101 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Rentals Near You

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Realtracs

Listed by: Neil Hubbard, Crye-Leike, Realtors
Last Updated: 4 months ago
Data Source: Realtracs, MLS# RTC3285710
All information should be verified by the recipient and none is guaranteed as accurate by Realtracs.
Brokerage email: [email protected]

Frequently Asked Questions

When was property at 4140 Chanwil Place built and last sold?
The property at 4140 Chanwil Place was built in 1955 and last sold on May 11, 2017 for $272,950.
How much is this home worth?
The estimated value of the home located at 4140 Chanwil Place is $392,705.
What are some comparable homes to 4140 Chanwil Place?
There are currently no comparable homes to 4140 Chanwil Place.
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