About This Home

This 2-bedroom, 1-bath single-family home offers 1,079 square feet of living space in Memphis, TN. Built in 1927, the property sits on a 0.17-acre lot in the E O BAILEY BLK 2 neighborhood. The home has been renovated and includes central air conditioning and central heating.

It is currently leased at $900 per month on a month-to-month basis, providing an existing rental arrangement for the next owner. Listed at $140,980, the property is part of a 103-home package. No creative finance offers are being considered. The home’s bedroom and bathroom count, square footage, lot size, and established lease make its core property details clear for investors or buyers reviewing rental opportunities in Memphis. The property is located at 3437 VERNON Ave and is offered as a single-family residence.

Key Features

  • Built in 1927
  • 0.17 acre lot

Property Details

1 story
1 full
1-car garage
1927

Amenities

A/C
Listing Description

Renovated rental property with an active lease in place. Currently leased at $900 month to month. No creative finance offers. This home is part of a 103 home package.

Monthly Cost Estimate

$754/mo

20% down · 6.5% · 30 years

Principal$102
Interest$611
Insurance$41

Estimates only. Actual payments may vary.

Location

3437 VERNON Ave

Memphis, TN 38122

E O BAILEY BLK 2

Property Details

Heating

Central

Cooling

Central Air

Questions & Answers

This 2-bedroom, 1-bathroom single family at 3437 VERNON Ave is listed at $140,980 ($131/sqft). The estimated monthly payment is $754 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1927, 0.17 acre lot.

This property is listed by Caleb Hall and can be reached at 9015509021.

CH

Caleb Hall

Agent at KELLER WILLIAMS®

(901) 550-9021
Agent website

Listed by KELLER WILLIAMS® · Broker phone: (901) 261-7900 · View on Broker Site · Broker website

MLS# 10213382· Source: Memphis Area Association of Realtors®· 246 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.

3437 VERNON Ave, Memphis, TN 38122

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