About This Home

This 3-bedroom, 2-bathroom single family at 3637 NEELY Rd in Memphis, TN is listed for $148,000 ($135 per sqft). Built in 1966, the home offers 1,100 sqft of living space on a 0.20 acres lot.

Key Features

  • Built in 1966
  • 0.20 acre lot

Property Details

1 story
1 full, 1 half
1-car garage
1966

Amenities

A/C
Listing Description

Fantastic opportunity to add a solid income-producing property to your investment portfolio! This tenant-occupied home is currently leased for $1,440 per month, providing immediate rental income from day one. Offering a great combination of convenience, location, and investment potential, this property is an excellent option for investors looking to expand their portfolio with an already-performing asset. Don't miss the opportunity to make this one yours!

Monthly Cost Estimate

$792/mo

20% down · 6.5% · 30 years

Principal$107
Interest$641
Insurance$43

Estimates only. Actual payments may vary.

Location

3637 NEELY Rd

Memphis, TN 38109

VALLEY FORGE REV

Property Details

Heating

Central

Cooling

Central Air

Questions & Answers

This 3-bedroom, 2-bathroom single family at 3637 NEELY Rd is listed at $148,000 ($135/sqft). The estimated monthly payment is $791 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1966, 0.20 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# 10229144· Source: Memphis Area Association of Realtors®· 29 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.

3637 NEELY Rd, Memphis, TN 38109

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