196 Appleville Cove

Memphis TN 38109

1386 sq. ft.

0.17 ac.

Single-Family

Last sold for $65,000

Sherry Roberts, last sold this property on 31 July 2026 after 8 days on market.

Overview

This property is a prime candidate for a delayed BRRRR strategy. Acquire this asset at an aggressive price point and capitalize on the built-in equity. With a total project basis of $110,000 and an ARV of $155,000, this deal provides an estimated $45,000 in forced appreciation once the renovation is complete. Benefit from consistent, low-maintenance income while you finalize your renovation plans. This asset allows you to hold for cash flow today and pivot to a high-equity exit or refinance strategy in early 2027, right as we enter peak rental season.

Features

4 bedrooms

1 bathroom

1386 sq. ft. floor area

0.17 ac. lot size

Single-Family

Estimated Value

Based on this property and similar 4 bedroom single-family properties sold in Memphis over the last 12 months, the estimated median property value of 196 Appleville Cove is $108.5k.

Median value

$108.5k

Estimated value range

$18.5k - $310k

Median days on market

Estimated value trend

-10%

decrease over the last 12 months

Average days on market is based on recent, comparable sales in Memphis. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 196 Appleville Cove

2026

Sold

$65,000

31 Jul 2026 by Sherry Roberts, of Advantage Property Management

Happy sellers in Memphis

We have insufficient information to provide an overview of customer satisfaction for Memphis. Viewing the agent profiles, reviews and sales for Memphis can provide insights for this location.