About This Home

This 3-bedroom, 1-bathroom single family at 3062 JAMES Rd in Memphis, TN is listed for $125,000 ($144 per sqft). Built in 1950, the home offers 867 sqft of living space on a 1.24 acres lot.

Key Features

  • Built in 1950
  • 1.24 acre lot

Property Details

1 story
1 full
2-car garage
1950

Amenities

A/C
Listing Description

Investor special! Great opportunity to add a cash-flowing asset to your portfolio. Conveniently located near major roadways, shopping, and employment centers, this property offers strong rental demand and excellent upside potential. Ideal for buy-and-hold investors or those seeking value-add opportunities. Sold as-is. Schedule your showing today!

Monthly Cost Estimate

$669/mo

20% down · 6.5% · 30 years

Principal$90
Interest$542
Insurance$36

Estimates only. Actual payments may vary.

Location

3062 JAMES Rd

Memphis, TN 38128

JAMES RD 2ND ADDITION

Property Details

Flooring

Tile

Parking

Driveway

Heating

Central

Cooling

Central Air

Questions & Answers

This 3-bedroom, 1-bathroom single family at 3062 JAMES Rd is listed at $125,000 ($144/sqft). The estimated monthly payment is $668 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1950, 1.24 acre lot.

This property is listed by Betty McGaughey.

BM

Betty McGaughey

Agent at eXp Realty LLC

Listed by eXp Realty LLC · Broker phone: (888) 519-5113 · View on Broker Site · Broker website

MLS# 10232692· Source: Memphis Area Association of Realtors®· 9 days on PropertySimple

Copyright © 2026 Memphis Area Association of Realtors®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

3062 JAMES Rd, Memphis, TN 38128

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