Price Reduction! Add an income-producing property to your Memphis rental portfolio with this tenant-occupied 2BR/1BA home, currently leased for $950 per month. Recent capital improvements include a brand-new roof installed in July 2026 and a new AC condenser and all new ductwork, helping reduce near-term maintenance concerns. With a tenant already in place, this property offers immediate rental income and a streamlined transition for its next owner. Property is being sold subject to tenant rights. Showings require proper notice and coordinationâdo not approach the property or disturb the tenant. Please submit offers contingent upon inspection.
Single Family
- Price
- $ 107,000
- City
- Memphis
- Bedrooms
- 2
- Full Bathrooms
- 1
- County
- SHELBY
- Half Bathrooms
- 0
- Area
- Kingsbury
- Lot Size
- 0.22 Acres
- Zip
- 38122
- Sqr Footage
- 921
- Year Built
- 1948
- Taxes
- $ 1135
- Style
- Traditional
- MLS#
- 10227842
Features
General
Interior Features
Exterior Features
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 MonthBased on the average sale price from the Memphis, TN office
- Monthly Principal & interest $2,658
- Monthly Property Taxes $1,062
- Monthly Home Insurance $67
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
Price History
Property vs Zip Code Average in 38122
In The Neighborhood
Areas That We Cover
- Abberdeen
- Adamsville
- Alamo
- Arlington
- Atoka
- Bartlett
- Batesville
- Bath
- Bath Springs
- Bethel Springs
- Blue Mountain
- Bolivar
- Booneville
- Braden
- Brighton
- Brownsville
- Burlison
- Byhalia
- Cedar Grove
- Cherokee
- Clifton
- Coldwater
- Collierville
- Collinwood
- Columbus
- Como
- Cordova
- Corinth
- Counce
- Covington
- Crump
- Decaturville
- Drummonds
- Dyersburg
- Eads
- Enville
- Finger
- Friendship
- Gallaway
- Gates
- Germantown
- Grand Junction
- Guys
- Halls
- Henderson
- Henning
- Hernando
- Hickory Flat
- Hickory Valley
- Holly Springs
- Horn Lake
- Hornsby
- Humboldt
- Huntingdon
- Iron City
- Iuka
- Jackson
- La Grange
- Lake Cormorant
- Lakeland
- Lamar
- Lawrenceburg
- Linden
- Lutts
- Mason
- McKenzie
- Medon
- Memphis
- Michie
- Middleton
- Milledgeville
- Millington
- Morris Chapel
- Moscow
- Mount Pleasant
- Munford
- Myrtle
- Nesbit
- New Albany
- Oakland
- Olive Branch
- Olivehill
- Oxford
- Pickwick
- Pickwick Dam
- Pickwick Lake
- Pinson
- Piperton
- Pocahontas
- Pope
- Potts Camp
- Ramer
- Reagan
- Red Banks
- Ripley
- Rossville
- Saltillo
- Sarah
- Sardis
- Saulsbury
- Savannah
- Scotts Hill
- Selmer
- Senatobia
- Shiloh
- Somerville
- Southaven
- Stanton
- Stantonville
- Tiptonville
- Toone
- Tunica
- Unicorp-Drummonds
- Unicorp-Eads
- Unicorp-Memphis
- Unincorporated
- Walls
- Walnut
- Waterford
- Waynesboro
- West Memphis
- Whiteville
- Williston
3761 Faxon Dr Memphis, TN is a Single Family Home for sale at $107000 with 921 sqft and a lot size of 0.22 Acres Acre(s). 3761 Faxon Dr Memphis has 2 bedrooms, 1 baths and was built in 1948. The property's zip code is 38122 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
901-282-9020
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