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About This Home
This 3-bedroom, 2-bathroom single family at 3048 KINGSGATE Ave in Memphis, TN is listed for $139,900 ($106 per sqft). Built in 1967, the home offers 1,321 sqft of living space on a 0.23 acres lot.
Fantastic investment opportunity. Seller has 7 properties for sale. 6 SFH & 1 Duplex. This property is leased at $985/mo. through 10/31/2026. Providing immediate cash flow while you plan your future value-add strategy. Please do not disturb the tenant.
Property being sold as-is. No wholesalers, or creative financing. Showings/Inspections after contract. This property is currently being professionally managed by Reed & Associates of TN, LLC. This charming home offers 3-bedrooms, 1.5-bathrooms, large open living and dining room, & a galley kitchen. Tiled & carpet flooring. A large backyard and a single car carport.
Key Features
- Built in 1967
- 0.23 acre lot
Property Details
Amenities
Monthly Cost Estimate
$748/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
3048 KINGSGATE Ave
Memphis, TN 38118
KENSINGTON GARDENS BLK H-1
Features & Amenities
Exterior Features
Property Details
Flooring
Pool Features
Parking
Heating
Cooling
Questions & Answers
This 3-bedroom, 2-bathroom single family at 3048 KINGSGATE Ave is listed at $139,900 ($106/sqft). The estimated monthly payment is $606 based on 20% down at 6.5% interest.
Key features include: Built in 1967, 0.23 acre lot. Exterior Features: Porch.
This property is listed by Benjamin Reed and can be reached at 9018702966 or Ben@myreedhome.com.
