3312 University St, Memphis, TN 38127

$160,000
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Active
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.

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 annapalazola.crye-leike.com today.

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: All Bedrooms Down,1 or More BR Down, Primary Down, Renovated Bathroom, Full Bath Down
Days on Site: 17
Exterior: Wrought Iron Security Drs, Porch, Storage
Exterior/ Windows: Wood/Composition, Aluminum/Steel Siding
Floors/ Ceilings: Part Carpet, Vinyl/Luxury Vinyl Floor, Textured Ceiling
Living/ Dining Room: Separate Living Room, Separate Dining Room, Separate Den, Eat-In Kitchen, Pantry, Washer/Dryer Connections, Vinyl/Luxury Vinyl Floor
Lot: Some Trees, Level, Chain Fenced
Master Bedroom: Level 1,Walk-In Closet, Carpet
Parking/ Storage: Driveway/Pad, Storage Room(s), Front-Load Garage
Total Rooms: 6
Water/ Sewer: Gas Water Heater, Public Water, Public Sewer

Listed By / Shown By

Listed By

Agency Name: Heritage Homes Co.

Shown By

Agent Name: Anna Palazola
Agent Phone: (901) 383-3968
Agency Title: Crye-Leike Real Estate Services

IDX logo

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 Insurance

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