Briscoe Ellett III

3962 Sloan St

Memphis, TN
$ 164,000 Beds 3 Baths 1.5 Sq 1,656
Monthly Estimate* How much can I afford?

ATTENTION INVESTORS!! This brick home is rented for $1,525/month to a Section 8 tenant with a lease secured until January 31, 2027. Home features spacious living room, updated eat-in kitchen, 3 spacious bedrooms and a large bonus room in back (could be marketed as a 4 bedroom for rental), back deck and large fenced-in backyard. Renovated in November 2025. Crawlspace is encapsulated. Laminate hardwood throughout, brand new carpet in bonus room. Stable cash flow and a good blend of investor and owner occupants in the area make this an attractive investment for anyone looking to add value to their portfolio! Lease and rent rolls available upon request. No seller financing, creative financing or wholesale offers. Professionally managed, do not disturb tenant.

Single Family

  • Price
  • $ 164,000
  • City
  • Memphis
  • Bedrooms
  • 3
  • Full Bathrooms
  • 1
  • County
  • SHELBY
  • Half Bathrooms
  • 1
  • Area
  • Airport-Oakhaven
  • Lot Size
  • 0.24 Acres
  • Zip
  • 38118
  • Sqr Footage
  • 1,656
  • Year Built
  • 1960
  • Taxes
  • $ 1614
  • Style
  • Traditional
  • MLS#
  • 10223297
Listed By: KAIZEN Realty, LLC
Data Source: Memphis MLS (MAAR)

Features

General

Heating Central
Cooling Central
Status Active
Full Baths 1
Half Baths 1
Legal Subdivision Name KENSINGTON GARDENS BLK F-1
Style Traditional
Stories Count 1
County Shelby
Class Residential
Type Detached Single Family
Condo No
Area 771B
Parcel Number 060206 00025
Status Active
Annual City Tax 790
Annual County Tax 824
Sale/Rent For Sale
Area Airport/Oakhaven
Service Type Full Service Listing
Neighborhood Association None
Year Built 1960
Directions Get on I-240 W. Use the 2nd from the right lane to take exit 21 to merge onto US-78 E/Lamar Ave. Take Tchulahoma Rd to Sloan St. Turn right onto American Way. Turn right onto Queensgate Ave. Turn rig
City Memphis
DOM 111

Interior Features

Dining Room 10x10
Living Room Eat-In Kitchen
Living Room Dimensions 10x10
Beds 3
Total Baths 1.1
Number of Rooms 7
Downstairs Bedrooms 3
FLOORS/CEILINGS Wood Laminate Floors,Part Carpet

Exterior Features

Pool None
Lot 565
Lot Size Area 0.24
Lot Size 65X178
Parking Display No
Lot Description Level
PARKING/STORAGE Driveway/Pad
EXTERIOR/WINDOWS Other (See Remarks)
Misc. Exterior Patio

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Memphis, TN office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

6/6/2026 Listed $164,000

Property vs Zip Code Average in 38118

Price
AVG $140K
$160K
Taxes
AVG $1,549
$1,614
Year Built
AVG 1966
1960
Visits
AVG 92
83
Data Provided by Inside Real Estate®

In The Neighborhood

Areas That We Cover

3962 Sloan St Memphis, TN is a Single Family Home for sale at $164000 with 1656 sqft and a lot size of 0.24 Acres Acre(s). 3962 Sloan St Memphis has 3 bedrooms, 1 baths and was built in 1960. The property's zip code is 38118 which is in Memphis, TN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Briscoe Ellett III

Briscoe Ellett III

901-282-9020

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