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Street View
$160,000
Monthly Est:$796
3 Beds
2 Baths2 full baths
1,985sqft
3312 University St, Memphis, TN 38127
$160,000
$796/moEst:
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Single Family Residence
Built in 1963
$-- HOA
13,939.2 sqft lot
$81/sq.ft
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.
- Houzeo last checked: 3 hours ago
- Listing updated: May 13, 2026 at 9:38 pm
- Listing Provided by: Chad Woelke (901) 848-0009 | Heritage Homes Co. (901) 755-2000
- Source: Memphis MLS (MAARMLS)-TN | MLS#: 10221477
Property Details
Status
Active
Type
Single Family Residence
No. of Stories
1
County
City
Neighborhood
Year Built
1963
HOA Fees
-
Finished Area
1,985 sqft
Lot Size
13,939.2 sqft lot
Basement Area
- sqft
MLS Name
Memphis MLS (MAARMLS)
MLS Number
10221477
MLS Status
Active
Days on Market
149
Cumulative Days on Market
29
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 3
Bathrooms: 2
Interior
Sewer
Gas Water Heater, Public Sewer, Public Water
Interior Features
2 Or More Baths, 2nd Bedroom, 3rd Bedroom, Dining Room, Kitchen, Living Room, Primary Bedroom, Eat In Kitchen, Pantry, Separate Den, Separate Dining Room, Separate Living Room, Vinyl/luxury Vinyl Floor, Washer/dryer Connections, 1 Or More Br Down, All Bedrooms Down, Full Bath Down, Primary Down, Renovated Bathroom
Exterior Features
Wrought Iron Security Drs, Porch, Storage
Flooring
Part Carpet, Textured Ceiling, Vinyl/luxury Vinyl Floor
Cooling
Central
Heating
Central
Construction
Year Built
Year Built: 1963
Home type
Single Family Residence
Foundation Details
Conventional
Architectural Style
Traditional
Roof
Composition Shingles
Construction Materials
Aluminum/steel Siding, Wood/composition
Utilities & Energy
Parking Features
Driveway/pad, Front Load Garage, Storage Room(s)
Pool Features
None
Other Features
Lot Features
Chain Fenced, Level, Some Trees
Subdivision Name
University Rd
Price History
| Date | Event | Price |
|---|---|---|
05/13/2026 Source: | Listed for Sale | $160,000 $81/sqft |
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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 Oct 09, 2026, 02:30PM. 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
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