3312 University St, Memphis, TN 38127
- $160,000
- 3
- BD
- 2
- BA
- List Price
- $160,000
- Status
- ACTIVE
- MLS#
- 10221477
- Bedrooms
- 3
- Bathrooms
- 2
- Lot Size
- 88X159
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
- Acres
- 0.32
- Annual City Tax
- 1192
- Annual County Tax
- 1242
- Bedroom Three Description
- Level 1, Carpet
- Bedroom Two Description
- Level 1, Carpet
- Cooling
- Central
- Exterior
- Wrought Iron Security Drs, Porch, Storage
- Exterior Windows
- Wood/Composition, Aluminum/Steel Siding
- Floors Ceilings
- Part Carpet, Vinyl/Luxury Vinyl Floor, Textured Ceiling
- Foundation
- Conventional
- Heating
- Central
- Legal Subdivision
- University Road
- Living Dining Kitchen
- Separate Living Room, Separate Dining Room, Separate Den, Eat-In Kitchen, Pantry, Washer/Dryer Connections, Vinyl/Luxury Vinyl Floor
- Lot
- 2
- Lot Description
- Some Trees, Level, Chain Fenced
- Lot Size
- 88X159
- Neighborhood Amenities
- None
- Parking Storage
- Driveway/Pad, Storage Room(s), Front-Load Garage
- Roof
- Composition Shingles
- Stories
- 1
- Style
- Traditional
- Subdivision
- UNIVERSITY RD
- Subtype
- Detached Single Family
- Water Sewer
- Gas Water Heater, Public Water, Public Sewer
- Year Built
- 1963
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Listing courtesy of Heritage Homes Co..
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