3312 University St, Memphis, TN 38127

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List Price
$160,000
Status
ACTIVE
Days on Market
130
MLS#
10221477
Style
Traditional
Year Built
1963
Bedrooms
3
Bathrooms
2
Full Baths
2
Lot Size
88X159
Acres
0.32
Subdivision
UNIVERSITY RD

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.

Additional Information

Property Description
Traditional
Heating
Central
Air Conditioning
Central
Exterior Features
Wrought Iron Security Drs, Porch, Storage
Stories
1
Roof
Composition Shingles
Foundation
Conventional

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Calculator source: Real Geeks

Listing courtesy of Heritage Homes Co..

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