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Street View
$130,000
Monthly Est:$647
3 Beds
2 Baths2 full baths
1,198sqft
3066 Redbud Rd, Memphis, TN 38109
$130,000
$647/moEst:
Get Pre-Approved
Single Family Residence
Built in 1943
$-- HOA
20,473.2 sqft lot
$109/sq.ft
Description
Investment opportunity with two separate units and strong rent potential!! Unit 3066 has been updated and is 3 bedrooms and 2 baths, offering increased livable space (Bonus Room) and higher rent capacity. Unit 3068 requires repairs and updates. After renovations, each unit is projected to lease for approximately $1,400–$1,550 per month with Section 8, based on current area rental rates. Property offers a solid value-add opportunity for investors seeking long-term cash flow in the area.
- Houzeo last checked: 12 minutes ago
- Listing updated: October 15, 2026 at 6:58 pm
- Listing Provided by: Donnie Morrow (901) 579-7601 | eXp Realty, LLC (901) 505-0756
- Source: Memphis MLS (MAARMLS)-TN | MLS#: 10232487
Property Details
Status
Active
Type
Single Family Residence
No. of Stories
1
County
City
Neighborhood
Year Built
1943
HOA Fees
-
Finished Area
1,198 sqft
Lot Size
20,473.2 sqft lot
Basement Area
- sqft
MLS Name
Memphis MLS (MAARMLS)
MLS Number
10232487
MLS Status
Active
Days on Market
198
Cumulative Days on Market
306
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 3
Bathrooms: 2
Interior
Interior Features
Separate Living Room, All Bedrooms Down
Flooring
Vinyl/luxury Vinyl Floor
Heating
Wall Unit
Exterior Features
Wrought Iron Security Drs, Deck
Cooling
Window Unit(s)
Construction
Year Built
Year Built: 1943
Home type
Single Family Residence
Construction Materials
Brick Veneer
Architectural Style
Traditional
Utilities & Energy
Pool Features
None
Parking Features
Driveway/pad
Other Features
Lot Features
Some Trees
Subdivision Name
Belmont
Price History
| Date | Event | Price |
|---|---|---|
10/15/2026 Source: | Listed for Sale | $130,000 $109/sqft |
05/20/2026 Source: | Off Market | $130,000 +23.81% $109/sqft |
06/26/2025 Source: | Price Decreased | $105,000 -10.64% $88/sqft |
06/26/2025 Source: | Sold | $117,500 $98/sqft |
Getting Around 3066 Redbud Rd
Bike Score®
Somewhat Bikeable
28/100
Walk Score®
Car-Dependent
24/100
Transit Score®
Some Transit
30/100
Data provided by Redfin
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Based on information from the Memphis Area Association of REALTORS(R) (alternatively, from the Memphis Area Association of REALTORS® MLS) through Nov 01, 2026, 01:00AM. The information provided is for the consumer's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties that the consumer may be interested in purchasing. Information deemed reliable but is not guaranteed accurate. Some or all of the listings displayed may not belong to the firm whose website is being visited. Listing content and images Copyright 2026 Memphis Area Association of REALTORS®. Information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Do not rely upon listing data without independently verifying it. © 2025 Memphis Area Association of REALTORS®. All Rights Reserved. Angela Fowler Real Estate, LLC | 423.320.4620 Mailing Address: 452 Kailors Cove Cir, Ringgold, GA 30736
Advertising Broker: Angela Fowler | Angela Fowler Real Estate, LLC.
