# 220 ELDER, Memphis, TN 38109

> **TL;DR:** 3bd/1ba single family, $120,000, built 1954. Est. $520/mo. Listed 63 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $120,000 |
| Bedrooms | 3 |
| Bathrooms | 1 full |
| Year Built | 1954 |
| Lot Size | 7,405 sqft (0.17 acres) |
| Property Type | Single Family (Single Family Residence) |
| Status | For Sale |
| Days on Market | 63 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $520 |
| **Total** | **$520** |

## Property Highlights

- Built in 1954
- 0.17 acre lot

## Description

### Agent Description
Newly Renovated Property! Great opportunity for an investor or homebuyer! The property is currently unoccupied and readily available for viewing. This property is currently being professionally managed by Reedy and Company. Whether you're an owner-occupant or investor, this opportunity is open to you. No wholesale or creative financing offers.

## Location

- **Address:** 220 ELDER, Memphis, TN 38109

## Listing Agent

- **Name:** Alex Evans
- **Brokerage:** Reedy & Company, REALTORS
- **Phone:** 9016923195
- **Email:** alex@memphisinvestmentproperties.net

## Primary Photo

![220 ELDER - Primary Photo](http://lh.rdcpix.com/3cd59ff73f2d75f3c128f3317f5fcffbl-f4252178883r.jpg)

*9 total photos available on [listing page](https://www.propertysimple.com/listing/220-elder-memphis-tn-38109-10214086)*

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**MLS#:** 10214086 | **Updated:** 2026-04-24
**Source:** listhub

*Copyright © 2026 Memphis Area Association of Realtors®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/220-elder-memphis-tn-38109-10214086)

---

## Structured Data

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  "@type": "RealEstateListing",
  "name": "220 ELDER, Memphis, TN 38109",
  "description": "Newly Renovated Property! Great opportunity for an investor or homebuyer! The property is currently unoccupied and readily available for viewing. This property is currently being professionally managed by Reedy and Company. Whether you're an owner-occupant or investor, this opportunity is open to you. No wholesale or creative financing offers.",
  "url": "https://www.propertysimple.com/listing/220-elder-memphis-tn-38109-10214086",
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  "datePosted": "2026-04-24",
  "price": 120000,
  "priceCurrency": "USD",
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    "addressLocality": "Memphis",
    "addressRegion": "TN",
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  "numberOfRooms": 3,
  "numberOfBathroomsTotal": 1,
  "yearBuilt": 1954
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```