3312 University St Memphis, TN 38127

PRICED AT $160,000

Listing Details

  • $160,000
  • MLS# 10221477
  • Type Residential - Single Family
  • Status Active
  • 3 Bedrooms
  • 2 full Bathrooms
  • 0.320 acres Lot Size
  • 1963 Year Built

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.

Features

  • Central
  • Central
  • Built in 1963
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Gallery

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All Property Features

  • Property Type: Residential - Single Family
  • Bed and Bath: All Bedrooms Down,1 or More BR Down, Primary Down, Renovated Bathroom, Full Bath Down
  • Cooling: Central
  • Days on Site: 8
  • Exterior: Wrought Iron Security Drs, Porch, Storage
  • Exterior/ Windows: Wood/Composition, Aluminum/Steel Siding
  • Fenced: Yes
  • Floors/ Ceilings: Part Carpet, Vinyl/Luxury Vinyl Floor, Textured Ceiling
  • Garage: 2
  • Heating: Central
  • Home Style: Traditional
  • Living/ Dining Room: Separate Living Room, Separate Dining Room, Separate Den, Eat-In Kitchen, Pantry, Washer/Dryer Connections, Vinyl/Luxury Vinyl Floor
  • Lot Description: Some Trees, Level, Chain Fenced
  • Lot Size: 0.32 Acres
  • Master Bedroom: Level 1,Walk-In Closet, Carpet
  • Parking/ Storage: Driveway/Pad, Storage Room(s), Front-Load Garage
  • Roof Type: Composition Shingles
  • Total Rooms: 6
  • Water/ Sewer: Gas Water Heater, Public Water, Public Sewer
  • Year Built: 1963