For Sale
Photo 1 of Single family home for sale at 3123 Danville Rd, Memphis, TN 38118 | MLS# 10228622 | Listing updated on 2026-08-18
Photo 2 of Single family home for sale at 3123 Danville Rd, Memphis, TN 38118 | MLS# 10228622 | Listing updated on 2026-08-18
2
Beds Icon

Street View

$150,000

Monthly Est:$747

  • Beds Icon4 Beds
  • Beds Icon
    2 Baths
  • Beds Icon1,445sqft

3123 Danville Rd, Memphis, TN 38118

$747/moEst:

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  • Single Family Residence

  • Built in 1960

  • $-- HOA

  • -- sqft lot

  • $104/sq.ft

Description

3123 Danville Rd, Memphis, TN — Turnkey Investment Property, Cash-Flowing Now Ready-to-own investment opportunity in Memphis! This brick, low-maintenance home is currently occupied by a long-term, reliable tenant paying $1,000/month, offering immediate cash flow from day one. Durable brick exterior means less upkeep and lower long-term maintenance costs, while central heat and air adds year-round comfort and tenant appeal. Ideal for buy-and-hold investors looking to add a stable, income-producing asset to their portfolio without any vacancy downtime. Property Highlights: Long-term tenant in place at $1,000/month Brick exterior — low maintenance Central heat and air Immediate rental income for investment buyers Cash or conventional financing only — no seller or creative financing available. Due to the occupied status, no showings will be conducted without an accepted offer. Buyers should submit offers based on provided property details, comps, and exterior/drive-by only.

  • Houzeo last checked: 7 minutes ago
  • Listing updated: August 18, 2026 at 4:34 pm
  • Listing Provided by: Caleb Parr (901) 484-0478 | Renshaw Company, REALTORS (901) 820-4367
  • Source: Memphis MLS (MAARMLS)-TN | MLS#: 10228622 Memphis MLS (MAARMLS)-TN

Property Details

  • Status

    Active

  • Type

    Single Family Residence

  • No. of Stories

    1

  • County

    Shelby County

  • City

    Memphis

  • Neighborhood

    Parkway Village

  • Year Built

    1960

  • HOA Fees

    -

  • Finished Area

    1,445 sqft

  • Lot Size

    -- sqft lot

  • Basement Area

    - sqft

  • MLS Name

    Memphis MLS (MAARMLS)

  • MLS Number

    10228622

  • MLS Status

    Active

  • Days on Market

    51

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Location

Facts & Features

Rooms

  • Bedrooms & bathrooms

    Bedrooms: 4

    Bathrooms: 2

Interior

  • Exterior Features

    Wrought Iron Security Drs

  • Interior Features

    Separate Living Room, All Bedrooms Down

  • Flooring

    Part Hardwood

  • Cooling

    Central

  • Heating

    Central

Construction

  • Year Built

    Year Built: 1960

  • Home type

    Single Family Residence

  • Foundation Details

    Conventional

  • Architectural Style

    Traditional

  • Roof

    Composition Shingles

  • Construction Materials

    Brick Veneer

Utilities & Energy

  • Pool Features

    None

  • Parking Features

    Driveway/pad

Other Features

  • Lot Features

    Level

  • Subdivision Name

    Winchester Heights 3rd Add

Price History

DateEventPrice

08/18/2026

Source: mls_logoMemphis MLS (MAARMLS)-TN #10228622

Listed for Sale

$150,000

$104/sqft

Parkway Village Ranks #116 in Memphis, TN

Homes for sale
62

Homes

Rental prices
$1,062

Rental Prices

Median Home Price
$147.45K

Median Home Price

Parkway Village, Memphis, TN neighborhood guide

Nearby Homes

Based on information from the Memphis Area Association of REALTORS(R) (alternatively, from the Memphis Area Association of REALTORS® MLS) through Oct 09, 2026, 04:45AM. 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.

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