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About This Home
This 3-bedroom, 2-bathroom single family at 3312 UNIVERSITY St in Memphis, TN is listed for $160,000 ($81 per sqft). Built in 1963, the home offers 1,985 sqft of living space on a 0.32 acres lot.
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.
Key Features
- Built in 1963
- 0.32 acre lot
Property Details
Amenities
Monthly Cost Estimate
$856/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
3312 UNIVERSITY St
Memphis, TN 38127
UNIVERSITY ROAD
Features & Amenities
Exterior Features
Property Details
Flooring
Pool Features
Parking
Heating
Cooling
Questions & Answers
This 3-bedroom, 2-bathroom single family at 3312 UNIVERSITY St is listed at $160,000 ($81/sqft). The estimated monthly payment is $693 based on 20% down at 6.5% interest.
Key features include: Built in 1963, 0.32 acre lot. Exterior Features: Wrought Iron Security Drs, Porch, Storage.
This property is listed by Chad Woelke and can be reached at 9018480009 or chad@realty901.com.
