3312 UNIVERSITY ST, Memphis, TN 38127
3312 UNIVERSITY ST, Memphis, TN 38127
3312 UNIVERSITY ST, Memphis, TN 38127
3312 UNIVERSITY ST, Memphis, TN 38127
3312 UNIVERSITY ST, Memphis, TN 38127
3312 UNIVERSITY ST, Memphis, TN 38127
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$ 160,000
Est. payment | /mo

3 Beds

2 Baths

0.32 Acres Lot


Save
$ 160,000
Est. payment | /mo
Save

3 Beds

2 Baths

0.32 Acres Lot

Key Details

Property Type Single Family Home

Sub Type Detached Single Family

Listing Status Active

Purchase Type For Sale

Subdivision University Road

MLS Listing ID 10221477

Style Traditional

Bedrooms 3

Full Baths 2

Year Built 1963

Annual Tax Amount $2,434

Lot Size 0.320 Acres

Property Sub-Type Detached Single Family

Property Description

Turnkey investment opportunity. Tenant already in place through April 2027 and rented at $1,285/month. This 3BR/2BA home with 1,985 SF was fully renovated in 2022, including new roof, updated mechanicals, and all interior finishes. Low-maintenance property ideal for an investor seeking immediate cash flow and long-term rental potential. Spacious layout, updated condition, and established tenancy make this a strong addition to a rental portfolio. Please do not disturb tenant. No showings without an accepted offer.

Location

State TN

County Shelby

Area Frayser - East

Rooms

Master Bedroom 0x0

Bedroom 2 Carpet, Level 1

Bedroom 3 Carpet, Level 1

Dining Room 0x0

Kitchen Eat-In Kitchen, Pantry, Separate Den, Separate Dining Room, Separate Living Room, Vinyl/Luxury Vinyl Floor, Washer/Dryer Connections

Interior

Heating Central

Cooling Central

Flooring Part Carpet, Textured Ceiling, Vinyl/Luxury Vinyl Floor

Exterior

Exterior Feature Aluminum/Steel Siding, Wood/Composition

Parking Features Driveway/Pad, Front-Load Garage, Storage Room(s)

Garage Spaces 2.0

Pool None

Roof Type Composition Shingles

Private Pool Yes

Building

Lot Description Chain Fenced, Level, Some Trees

Story 1

Foundation Conventional

Sewer Public Sewer

Water Gas Water Heater, Public Water

Others

Miscellaneous Wrought Iron Security Drs,Porch,Storage

Listed by Chad R Woelke • Heritage Homes Co.

Nearby Locations

Carla Faye Torkelson

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

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3312 UNIVERSITY ST