Price Reduction
Address
3761 Faxon Dr, Memphis, TN
Price
$ 107,000
Property Attributes
  • MLS#10227842
  • TypeSingle Family
  • Listing Status Active
  • CountySHELBY
  • CityMemphis
  • AreaKingsbury
  • NeighborhoodEASTLAWN TERRACE
  • Zip38122
  • StyleTraditional
  • Year Built1948
  • Taxes$ 1135
  • Price$ 107,000
  • Bedrooms2
  • Full Bathrooms1
  • Half Bathrooms0
  • Sqr Footage921
  • Lot Size0.22 Acres
Data Source:
Memphis MLS (MAAR)
Property Description

Price Reduction! Add an income-producing property to your Memphis rental portfolio with this tenant-occupied 2BR/1BA home, currently leased for $950 per month. Recent capital improvements include a brand-new roof installed in July 2026 and a new AC condenser and all new ductwork, helping reduce near-term maintenance concerns. With a tenant already in place, this property offers immediate rental income and a streamlined transition for its next owner. Property is being sold subject to tenant rights. Showings require proper notice and coordination—do not approach the property or disturb the tenant. Please submit offers contingent upon inspection.

Price History
8/6/2026 Listed $112,935
9/1/2026 4$109,000
9/14/2026 2$107,000

General Features

Heating Central
Cooling Central
Status Active
Full Baths 1
Legal Subdivision Name EASTLAWN TERRACE
Style Traditional
Stories Count 1
County Shelby
Class Residential
Type Detached Single Family
Condo No
Area 752E
Parcel Number 038079 00017
Status Active
Annual City Tax 556
Annual County Tax 579
Sale/Rent For Sale
Area Kingsbury
Service Type Full Service Listing
Neighborhood Association None
Year Built 1948
Directions From North Pkwy.,left on Isabelle St.,left on Faxon Ave.,home is on the left
City Memphis
DOM 42

Interior Features

Dining Room 9x9
Living Room Separate Living Room,Separate Dining Room
Kitchen Dimensions 14x9
Living Room Dimensions 15x12
Bedroom 2 Dimensions 13x10
Beds 2
Total Baths 1
Number of Rooms 5
FLOORS/CEILINGS Part Hardwood,Tile

Exterior Features

Pool None
Lot 33
Lot Size Area 0.22
Water & Sewer Public Sewer,Public Water
Lot Size 50X200
Parking Display No
Lot Description Some Trees
PARKING/STORAGE Driveway/Pad
EXTERIOR/WINDOWS Brick Veneer,Wood/Composition
Misc. Exterior Wrought Iron Security Drs

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 38122

Price
AVG $180K
$110K
Taxes
AVG $1,632
$1,135
Year Built
AVG 1949
1948
Visits
AVG 130
29
Data Provided by Inside Real Estate®