# 3312 UNIVERSITY St, Memphis, TN 38127

> **TL;DR:** 3bd/2ba single family, $160,000 ($81/sqft), built 1963, 1,985 sqft.
> A/C. Est. $693/mo. Listed 19 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $160,000 |
| Price/sqft | $81 |
| Bedrooms | 3 |
| Bathrooms | 2 full |
| Square Feet | 1,985 |
| Year Built | 1963 |
| Lot Size | 13,939 sqft (0.32 acres) |
| Stories | 1 |
| Property Type | Single Family (Other) |
| Status | For Sale |
| Days on Market | 19 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $693 |
| **Total** | **$693** |

## Key Amenities

- A/C

## Property Highlights

- Built in 1963
- 0.32 acre lot

## Description

### Agent Description
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.

## Location

- **Address:** 3312 UNIVERSITY St, Memphis, TN 38127
- **County:** Shelby
- **Neighborhood:** UNIVERSITY ROAD
- **Coordinates:** 35.216048, -89.98955
- **Google Maps:** https://www.google.com/maps?q=35.216048,-89.98955

## Listing Agent

- **Name:** Chad Woelke
- **Brokerage:** Heritage Homes Co.
- **Phone:** 9018480009
- **Email:** chad@realty901.com

## Primary Photo

![3312 UNIVERSITY St - Primary Photo](http://lh.rdcpix.com/e7775743ad24662528763d01d45b15b4l-f3802654606r.jpg)

*24 total photos available on [listing page](https://www.propertysimple.com/listing/3312-university-st-memphis-tn-38127-10221477)*

---

**MLS#:** 10221477 | **Updated:** 2026-06-18
**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.com/listing/3312-university-st-memphis-tn-38127-10221477)

---

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