BEDS3
BATHS2 full
MLS#10221477
STATUSActive
PROPERTY TYPEResidential - Single Family
SUBDIVISIONUNIVERSITY RD
NEIGHBORHOODFrayser - East
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.
Property Features
Property Type: Residential - Single Family
Cooling: Central
Fenced: Yes
Garage: 2
Heating: Central
Home Style: Traditional
Lot Size: 0.32 Acres
Roof Type: Composition Shingles
Year Built: 1963
Feature Descriptions
Bed and Bath: 1 or More BR Down, All Bedrooms Down, Full Bath Down, Primary Down, Renovated Bathroom
Days on Site: 3
Exterior: Wrought Iron Security Drs, Porch, Storage
Exterior/ Windows: Aluminum/Steel Siding, Wood/Composition
Floors/ Ceilings: Part Carpet, Textured Ceiling, Vinyl/Luxury Vinyl Floor
Living/ Dining Room: Eat-In Kitchen, Pantry, Separate Den, Separate Dining Room, Separate Living Room, Vinyl/Luxury Vinyl Floor, Washer/Dryer Connections
Lot: Chain Fenced, Level, Some Trees
Parking/ Storage: Driveway/Pad, Front-Load Garage, Storage Room(s)
Total Rooms: 6
Water/ Sewer: Gas Water Heater, Public Sewer, Public Water
Listed By / Shown By
Listed By
Agency Name: Heritage Homes Co.
Shown By
Agent Name: Pheonia Conard
Agent Phone: (901) 834-0543
Agency Title: Crye-Leike Real Estate Services
Source: MAAR MLS
Estimate Your Payment
Estimated Payment
$ 402.76 per month $356.09 Principal & Interest $0.00 Property Tax (data not provided by mls) $46.67 Homeowner's InsuranceChange Payment Information
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3312 University St | MLS# 10221477
This single family home located at 3312 University St, Memphis, TN 38127 is currently listed for sale with an asking price of $160,000. This property was built in 1963 and has 3 bedrooms and 2 full baths. University St is located in the UNIVERSITY RD subdivision. Search UNIVERSITY RD real estate on pheoniaconard.crye-leike.com today.