About This Home
An active lease in place distinguishes this renovated single-family rental at 3768 FAXON Ave in Memphis’s Eastlawn Terrace neighborhood. The home is currently leased at $1,250 per month, with the lease set to expire on 07/31/2026. Built in 1948, it offers 895 square feet with two bedrooms and one bathroom.
Central air and central heating provide the primary climate systems. The property sits on a 0.25-acre lot, offering a notable amount of land for this compact home. Listed at $167,580, it is included in a 103-home package, and no creative finance offers are being considered.
This Memphis property presents a straightforward opportunity for buyers seeking a renovated rental with an existing tenancy and defined lease term. Its established construction, manageable size, and quarter-acre lot are central characteristics of the offering.
Key Features
- Built in 1948
- 0.25 acre lot
Property Details
Amenities
Renovated rental property with an active lease in place. Currently leased at $1,250 with a lease expiration of 07/31/2026. No creative finance offers. This home is part of a 103 home package.
Monthly Cost Estimate
$896/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
3768 FAXON Ave
Memphis, TN 38122
EASTLAWN TERRACE
Property Details
Heating
Cooling
Questions & Answers
This 2-bedroom, 1-bathroom single family at 3768 FAXON Ave is listed at $167,580 ($187/sqft). The estimated monthly payment is $896 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1948, 0.25 acre lot.
This property is listed by Caleb Hall and can be reached at 9015509021.
