About This Home
This 2-bedroom, 1-bathroom single family at 3761 FAXON Dr in Memphis, TN is listed for $107,000 ($116 per sqft). Built in 1948, the home offers 921 sqft of living space on a 0.22 acres lot.
Key Features
- Built in 1948
- 0.22 acre lot
Property Details
Amenities
Price Reduction! Add an income-producing property to your Memphis rental portfolio with this tenant-occupied 2BR/1BA home, currently leased for $950 per month. Recent capital improvements include a brand-new roof installed in July 2026 and a new AC condenser and all new ductwork, helping reduce near-term maintenance concerns.
With a tenant already in place, this property offers immediate rental income and a streamlined transition for its next owner. Property is being sold subject to tenant rights. Showings require proper notice and coordination-do not approach the property or disturb the tenant. Please submit offers contingent upon inspection.
Monthly Cost Estimate
$572/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
3761 FAXON Dr
Memphis, TN 38122
EASTLAWN TERRACE
Features & Amenities
Exterior Features
Property Details
Flooring
Parking
Heating
Cooling
Questions & Answers
This 2-bedroom, 1-bathroom single family at 3761 FAXON Dr is listed at $107,000 ($116/sqft). The estimated monthly payment is $572 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1948, 0.22 acre lot. Exterior Features: Wrought Iron Security Drs.
This property is listed by Aaron Ivey and can be reached at 9016711015.
