3878 Windermere Rd

Memphis, TN
$ 110,999 Beds 3 Baths 2 Sq 1,089
Monthly Estimate* How much can I afford?

Ideal for investors seeking reliable rental income in a high-demand North Memphis corridor. We are NOT 3872 Windermere Rd, can be shown without an accepted offer. Cash-flowing 3-bed, 2-bath investment property in Raleigh, currently rented at $1225.00/month. Recent exterior updates to make this home ready for its next owner. Features a functional layout and large corner lot. Located in a strong workforce rental area near Nike and Amazon fulfillment centers, with easy I-40 access to Downtown Memphis. Nearby amenities include shopping and groceries along Austin Peay Hwy, Harry C. Pierotti Park, Raleigh Spring Rented for $1225/mo, this cash-flowing investment property is ready for a new owner. With 3 beds, 2 full baths and a large corner lot, this home has it all. - Sold As-is, 10 day inspection, no seller credits or negotiation period

Single Family

  • Price
  • $ 110,999
  • City
  • Memphis
  • Bedrooms
  • 3
  • Full Bathrooms
  • 2
  • County
  • SHELBY
  • Half Bathrooms
  • 0
  • Area
  • Egypt Central
  • Lot Size
  • 0.25 Acres
  • Zip
  • 38128
  • Sqr Footage
  • 1,089
  • Year Built
  • 1981
  • Taxes
  • $ 1116
  • Style
  • Ranch
  • MLS#
  • 10225203
Listed By: Sowell, Realtors
Data Source: Memphis MLS (MAAR)

Features

General

Heating Central,Gas
Cooling Ceiling Fan(s),Central
Status Active
Full Baths 2
Legal Subdivision Name TIMBERLAKE SEC B
Style Ranch
Stories Count 1
County Shelby
Class Residential
Type Detached Single Family
Condo No
Area 731C
Parcel Number 090071 00001
Status Active
Annual City Tax 546
Annual County Tax 570
Sale/Rent For Sale
Area Egypt Central
Service Type Full Service Listing
Neighborhood Association None
Year Built 1981
Directions From New Allen Rd and Frayser Blvd proceed east on Frayser to Windermere Dr and turn left (north). Proceed to the last house on the right,address 3878 Windermere Dr.
City Memphis
DOM 85

Interior Features

Dining Room x
Living Room Separate Living Room
Living Room Dimensions x
Beds 3
Total Baths 2
Number of Rooms 6
Downstairs Bedrooms 3
FLOORS/CEILINGS Wood Laminate Floors

Exterior Features

Pool None
Lot 236
Lot Size Area 0.25
Lot Size 101X112
Parking Display N0
Lot Description Corner
PARKING/STORAGE Driveway/Pad
EXTERIOR/WINDOWS Stone,Wood/Composition
Misc. Exterior Wrought Iron Security Drs

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

7/2/2026 Listed $121,000
7/27/2026 1% - $120,450
8/24/2026 1% - $119,750
8/28/2026 4% - $115,750
9/4/2026 2% - $114,500
9/9/2026 2% - $112,499
9/25/2026 2% - $110,999

Property vs Zip Code Average in 38128

Price
AVG $160K
$110K
Taxes
AVG $1,729
$1,116
Year Built
AVG 1974
1981
Visits
AVG 64
82
Data Provided by Inside Real Estate®

3878 Windermere Rd Memphis, TN is a Single Family Home for sale at $110999 with 1089 sqft and a lot size of 0.25 Acres Acre(s). 3878 Windermere Rd Memphis has 3 bedrooms, 2 baths and was built in 1981. The property's zip code is 38128 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.