# 3123 DANVILLE Rd, Memphis, TN 38118 > **TL;DR:** 4bd/2ba single family, $150,000 ($104/sqft), built 1960, 1,445 sqft. > Hardwood, A/C, 1-car garage. Est. $802/mo. Listed 73 days. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $150,000 | | Price/sqft | $104 | | Bedrooms | 4 | | Bathrooms | 1 full, 1 half | | Square Feet | 1,445 | | Year Built | 1960 | | Stories | 1 | | Garage | 1-car | | Property Type | Single Family (Other) | | Status | Active | | Days on Market | 73 | ## Why This Home Stands Out - **Hardwood Floors** - Hardwood flooring listed ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $758 | | Estimated Insurance | $44 | | **Total** | **$802** | ## Key Amenities - Hardwood - A/C - 1-car garage ## Property Highlights - Built in 1960 ## Description ### Agent 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. ## Location - **Address:** 3123 DANVILLE Rd, Memphis, TN 38118 - **County:** Shelby - **Neighborhood:** Winchester Heights 3rd Addn - **Coordinates:** 35.063626, -89.916348 - **Google Maps:** https://www.google.com/maps?q=35.063626,-89.916348 ## Listing Agent - **Name:** Caleb Parr - **Brokerage:** The Renshaw Company, REALTORS - **Broker Phone:** 901-756-5127 - **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/3123-Danville-Rd_Memphis_TN_38118_M75012-03301?f=listhub&s=MAARTN&m=10228622&c=propsimple) ## Photos ![3123 DANVILLE Rd - Photo 1](http://lh.rdcpix.com/3f16aefd0b4a6d35b5a17e2dc863b87bl-f583041017r.jpg) ![3123 DANVILLE Rd - Photo 2](http://lh.rdcpix.com/3f16aefd0b4a6d35b5a17e2dc863b87bl-f2149749761r.jpg) --- **MLS#:** 10228622 | **Updated:** 2026-10-28 **Source:** listhub *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.* [View on PropertySimple](https://www.propertysimple.ai/listing/3123-danville-rd-memphis-tn-38118-890d33d0806f41d8933db53254aa967b) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://www.propertysimple.ai/listing/3123-danville-rd-memphis-tn-38118-890d33d0806f41d8933db53254aa967b#listing", "url": "https://www.propertysimple.ai/listing/3123-danville-rd-memphis-tn-38118-890d33d0806f41d8933db53254aa967b", "name": "3123 DANVILLE Rd, Memphis, TN 38118", "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. 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