Briscoe Ellett III

3127 Knightway Rd

Memphis, TN
$ 116,900 Beds 3 Baths 1 Sq 920
Monthly Estimate* How much can I afford?

Cash flowing property for sale with long term tenant in place! Home is located in desirable South Memphis neighborhood. Tenant pays $1090 and lease ends October 2027. Home professionally managed with all ledger and maintenance records available upon request. HVAC and HWH 2021 and roof 10 years old. Call listing agent for details. Access upon accepted offer. Do not disturb tenants.

Single Family

  • Price
  • $ 116,900
  • City
  • Memphis
  • Bedrooms
  • 3
  • Full Bathrooms
  • 1
  • County
  • SHELBY
  • Half Bathrooms
  • 0
  • Area
  • Parkway Village
  • Lot Size
  • 0.19 Acres
  • Zip
  • 38118
  • Sqr Footage
  • 920
  • Year Built
  • 1959
  • Taxes
  • $ 1672
  • Style
  • Traditional
  • MLS#
  • 10231113
Listed By: CB Properties of Memphis, LLC
Data Source: Memphis MLS (MAAR)

Features

General

Heating Central
Cooling Central
Status Active
Full Baths 1
Legal Subdivision Name KNIGHT KNOLL BLK A
Style Traditional
Stories Count 1
County Shelby
Class Residential
Type Detached Single Family
Condo No
Area 772B
Parcel Number 073063 00031
Status Active
Annual City Tax 819
Annual County Tax 853
Sale/Rent For Sale
Area Parkway Village
Service Type Full Service Listing
Neighborhood Association None
Year Built 1959
Directions Southo n Perkins. Right on Knight Arnold. Right on Knightway
City Memphis

Interior Features

Living Room Other (See Remarks)
Living Room Dimensions 12x16
Beds 3
Total Baths 1
Number of Rooms 6
FLOORS/CEILINGS Other (See REMARKS)

Exterior Features

Pool None
Lot 5
Lot Size Area 0.19
Lot Size 60X143
Parking Display No
Lot Description Level
PARKING/STORAGE Driveway/Pad
EXTERIOR/WINDOWS Brick Veneer
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
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

9/25/2026 Listed $116,900

Property vs Zip Code Average in 38118

Price
AVG $140K
$120K
Taxes
AVG $1,549
$1,672
Year Built
AVG 1966
1959

Areas That We Cover

3127 Knightway Rd Memphis, TN is a Single Family Home for sale at $116900 with 920 sqft and a lot size of 0.19 Acres Acre(s). 3127 Knightway Rd Memphis has 3 bedrooms, 1 baths and was built in 1959. 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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