3123 DANVILLE RD, Memphis, TN 38118
3123 DANVILLE RD, Memphis, TN 38118
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Carla Faye Torkelson

Carla Faye Torkelson

+1(901) 233-2284
$ 150,000
Est. payment | /mo

4 Beds

1.1 Baths

Save
$ 150,000
Est. payment | /mo
Save

4 Beds

1.1 Baths

Key Details

Property Type Single Family Home

Sub Type Detached Single Family

Listing Status Active

Purchase Type For Sale

Subdivision Winchester Heights 3Rd Addn

MLS Listing ID 10228622

Style Traditional

Bedrooms 4

Full Baths 1

Half Baths 1

Year Built 1960

Annual Tax Amount $1,439

Property Sub-Type Detached Single Family

Property Description

3123 Danville Rd, Memphis, TN — Turnkey Investment Property, Cash-Flowing Now Ready-to-own investment opportunity in Memphis! This brick, low-maintenance home is currently occupied by a long-term, reliable tenant paying $1,000/month, offering immediate cash flow from day one. Durable brick exterior means less upkeep and lower long-term maintenance costs, while central heat and air adds year-round comfort and tenant appeal. Ideal for buy-and-hold investors looking to add a stable, income-producing asset to their portfolio without any vacancy downtime. Property Highlights: Long-term tenant in place at $1,000/month Brick exterior — low maintenance Central heat and air Immediate rental income for investment buyers Cash or conventional financing only — no seller or creative financing available. Due to the occupied status, no showings will be conducted without an accepted offer. Buyers should submit offers based on provided property details, comps, and exterior/drive-by only.

Location

State TN

County Shelby

Area Parkway Village

Rooms

Master Bedroom 0

Dining Room 0

Kitchen Separate Living Room

Interior

Heating Central

Cooling Central

Flooring Part Hardwood

Exterior

Exterior Feature Brick Veneer

Parking Features Driveway/Pad

Garage Spaces 1.0

Pool None

Roof Type Composition Shingles

Private Pool Yes

Building

Lot Description Level

Story 1

Foundation Conventional

Others

Miscellaneous Wrought Iron Security Drs

Listed by Caleb Parr • Renshaw Company, REALTORS

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! "

+1(901) 233-2284

sell@carlafayeteam.com

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3123 DANVILLE RD