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Memphis 38118
4195 CHIPPEWA RD
Photo of 4195 CHIPPEWA RD

18

Map

Photo of 4195 CHIPPEWA RD
Photo of 4195 CHIPPEWA RD
$169,900
● House - For Sale

4195 CHIPPEWA RD

Memphis, TN 38118
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,393 Ft²
$1,009
Est. Monthly

About This Property

Clean, refreshed, and ready for its next owner, this home offers a welcoming interior and an excellent opportunity to make it your own. With comfortable living spaces and a convenient Memphis location, it is a great fit for a first time homebuyer or an investor looking to expand their portfolio. Move in, rent it out, or add your own finishing touches. Schedule your private showing today.
Unit Size
1,393 Ft²
Days on Market
49 days
Land Size
0.20 acres
Price per sqft
$122
Property Type
House
Property Taxes
$175
HOA Dues
-
Year Built
1963

Listed By

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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: 2 months ago (Realtracs #RTC3544745)

Price History

Date / Event Date Event Price
Sep 9, 2026 Listed by eXp Realty $169,900
Listed by eXp Realty

Property Highlights

Air Conditioning
Garage
Parking Details
Has Garage
Has Carport
Parking Features: Attached, Parking Pad
Interior Details
Full Bathrooms: 2
Flooring Type: Luxury Vinyl
Exterior Details
Square Footage: 1393
Square Footage Source: $0
Architectural Style: Traditional
Year Built: 1963
Building Area Total: 1393
Levels: Three Or More
Building Area Units: Square Feet
Patio and Porch Features: Patio
Lot Size Area: 0.2
Lot Size Units: Acres
Lot Size Acres: 0.2
Lot Size Square Feet: 8712
Lot Size Dimensions: 60X148
Tax Lot: 212
Financial Details
Tax Annual Amount: $2,097
Utilities Details
Cooling Type: Central Air
Heating Type: Central

Building Info

Overview

    General

  • Year Built: 1963
  • Effective Year Built: 1963
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: 6
  • Building Quality: 10
  • Construction Type: 0
  • Building Style: 1
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 3
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 5
  • Basement Area: 0
  • Garage Type: 3
  • Garage Square Area: 264
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 102
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,880
  • Lot Size Depth Feet: 1,480
  • Lot Size Frontage Feet: 600
  • Total Building Area: 1,393
  • Gross Building Area: 1,393
  • Building Area: 1,393
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,393
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: COLONY PARK
  • Land Acres: 0000000204
  • Standard Land Use Code: 1001
  • County Land Use Code: 062

Neighborhood

  • School District Name: Shelby County School District
  • Census Tract: 010610

Zoning

  • Zoning: R-6

Geography

  • Assessors Map Reference: MB 26-67
  • District: O
  • Parcel: 07-3049-0-0008
  • Block: D
  • Lot: 212
  • Municipality: MEMPHIS
  • Latitude: 35.0698
  • Longitude: -89.9236

    Address

  • Full Address: 4195 Chippewa Rd
  • Address - House Number: 4195
  • Address - Street Name: Chippewa
  • Address - Suffix Type: Rd
  • State: TN
  • City Name: Memphis
  • Carrier Code: C082
  • 4-Digit Zip Code: 2007
  • Zip Code: 38118

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $114,523

    Appraisal Valuation

  • Standard Deviation: 0.2487
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 64
  • Final Value: 128,352
  • High Value: 160,277
  • Low Value: 96,426

    Market Valuation

  • Market Total Value: $75,200
  • Market Land Value: $12,000
  • Market Improvement Value: $63,200

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $18,800
  • Assessed Land Value: $3,000
  • Assessed Improvements Value: $15,800

    Sales

  • Current Sale Recording Date: Nov 30, 1995
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
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

$110

Below Asking

0.03%

Average Days on Market

82

Average Home Size

1824 ft²

Average Home Age

65.1 years

Currently For Sale

100 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

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Realtracs

Listed by: Garth Ward, eXp Realty
Last Updated: 2 months ago
Data Source: Realtracs, MLS# RTC3544745
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 4195 Chippewa Road built and last sold?
The property at 4195 Chippewa Road was built in 1963 and last sold on Jan 1, 1970 for $59,153.
How much is this home worth?
The estimated value of the home located at 4195 Chippewa Road is $171,847.
What are some comparable homes to 4195 Chippewa Road?
There are currently no comparable homes to 4195 Chippewa Road.
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