Briscoe Ellett III

3048 Kingsgate Ave

Memphis, TN
$ 139,900 Beds 3 Baths 1.5 Sq 1,321
Monthly Estimate* How much can I afford?

Fantastic investment opportunity. Seller has 7 properties for sale. 6 SFH & 1 Duplex. This property is leased at $985/mo. through 10/31/2026. Providing immediate cash flow while you plan your future value-add strategy. Please do not disturb the tenant. Property being sold as-is. No wholesalers, or creative financing. Showings/Inspections after contract. This property is currently being professionally managed by Reed & Associates of TN, LLC. This charming home offers 3-bedrooms, 1.5-bathrooms, large open living and dining room, & a galley kitchen. Tiled & carpet flooring. A large backyard and a single car carport.

Single Family

  • Price
  • $ 139,900
  • City
  • Memphis
  • Bedrooms
  • 3
  • Full Bathrooms
  • 1
  • County
  • SHELBY
  • Half Bathrooms
  • 1
  • Area
  • Whitehaven-Tchulahoma
  • Lot Size
  • 0.23 Acres
  • Zip
  • 38118
  • Sqr Footage
  • 1,321
  • Year Built
  • 1967
  • Taxes
  • $ 1785
  • Style
  • Traditional
  • MLS#
  • 10223559
Listed By: Reed & Associates of Tenn, 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 H-1
Style Traditional
Stories Count 1
County Shelby
Class Residential
Type Detached Single Family
Condo No
Area 773A
Parcel Number 060193 00029
Management Company Reed & Associates of
Status Active
Annual City Tax 874
Annual County Tax 911
Sale/Rent For Sale
Area Whitehaven/Tchulahoma
Service Type Full Service Listing
Neighborhood Association None
Year Built 1967
Directions From Winchester Rd,South on Swinnea Rd,Left on Queensgate,Right on Brompton,Left on Kingsgate.
City Memphis
DOM 107

Interior Features

Dining Room 14x12
Living Room LR/DR Combination
Living Room Dimensions 15x11
Bedroom 3 Dimensions 11x12
Bedroom 2 Dimensions 12x11
Beds 3
Total Baths 1.1
Number of Rooms 6
Downstairs Bedrooms 3
FLOORS/CEILINGS Part Carpet,Tile

Exterior Features

Pool None
Lot 705
Lot Size Area 0.23
Lot Size 70X149
Parking Display C1A
Lot Description Level
# Covered Parking Spaces 1
PARKING/STORAGE Driveway/Pad
EXTERIOR/WINDOWS Brick Veneer,Aluminum Window(s)
Misc. Exterior Porch

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
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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

6/9/2026 Listed $139,900

Property vs Zip Code Average in 38118

Price
AVG $140K
$140K
Taxes
AVG $1,549
$1,785
Year Built
AVG 1966
1967
Visits
AVG 92
88
Data Provided by Inside Real Estate®

In The Neighborhood

Areas That We Cover

3048 Kingsgate Ave Memphis, TN is a Single Family Home for sale at $139900 with 1321 sqft and a lot size of 0.23 Acres Acre(s). 3048 Kingsgate Ave Memphis has 3 bedrooms, 1 baths and was built in 1967. 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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