About This Home
This 4-bedroom, 2-bathroom single family at 3123 DANVILLE Rd in Memphis, TN is listed for $150,000 ($104 per sqft). Built in 1960, the home offers 1,445 sqft of living space on a N/A lot.
Key Features
- Built in 1960
Property Details
Amenities
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.
Monthly Cost Estimate
$802/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
3123 DANVILLE Rd
Memphis, TN 38118
Winchester Heights 3rd Addn
Features & Amenities
Exterior Features
Property Details
Flooring
Parking
Heating
Cooling
Questions & Answers
This 4-bedroom, 2-bathroom single family at 3123 DANVILLE Rd is listed at $150,000 ($104/sqft). The estimated monthly payment is $802 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1960. Exterior Features: Wrought Iron Security Drs.
This property is listed by Caleb Parr and can be reached at 9014840478.
