# 380 ELDER Rd, Memphis, TN 38109 > **TL;DR:** 3bd/1ba single family, $99,900 ($124/sqft), built 1955, 804 sqft. > A/C. Est. $534/mo. Listed 65 days. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $99,900 | | Price/sqft | $124 | | Bedrooms | 3 | | Bathrooms | 1 full | | Square Feet | 804 | | Year Built | 1955 | | Lot Size | 8,276 sqft (0.19 acres) | | Stories | 1 | | Property Type | Single Family (Other) | | Status | Active | | Days on Market | 65 | ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $505 | | Estimated Insurance | $29 | | **Total** | **$534** | ## Key Amenities - A/C ## Property Highlights - Built in 1955 - 0.19 acre lot ## Description ### Agent Description Investor-friendly opportunity with immediate rental income! This recently renovated 3-bedroom, 1-bath home is tenant occupied with a lease in place from 7/1/2026 through 7/1/2028, offering stability from day one. Updated and income-producing, this property is a great addition to any rental portfolio. Ideal for investors seeking a turnkey, cash-flowing asset with a long-term tenant already secured. ## Location - **Address:** 380 ELDER Rd, Memphis, TN 38109 - **County:** Shelby - **Neighborhood:** J E WALKER HOMES - **Coordinates:** 35.054926, -90.07677 - **Google Maps:** https://www.google.com/maps?q=35.054926,-90.07677 ## Listing Agent - **Name:** Trevor Wallace - **Brokerage:** Crye Leike, Inc. - **Broker Phone:** (901) 756-8900 - **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/380-Elder-Rd_Memphis_TN_38109_M86042-33194?f=listhub&s=MAARTN&m=10229259&c=propsimple) ## Photos ![380 ELDER Rd - Photo 1](http://lh.rdcpix.com/9b66e78799d53c39f72faec2e8b485e4l-f476349151r.jpg) ![380 ELDER Rd - Photo 2](http://lh.rdcpix.com/9b66e78799d53c39f72faec2e8b485e4l-f1217809427r.jpg) ![380 ELDER Rd - Photo 3](http://lh.rdcpix.com/9b66e78799d53c39f72faec2e8b485e4l-f448930802r.jpg) ![380 ELDER Rd - Photo 4](http://lh.rdcpix.com/9b66e78799d53c39f72faec2e8b485e4l-f1142861958r.jpg) ![380 ELDER Rd - Photo 5](http://lh.rdcpix.com/9b66e78799d53c39f72faec2e8b485e4l-f1940523126r.jpg) ![380 ELDER Rd - Photo 6](http://lh.rdcpix.com/9b66e78799d53c39f72faec2e8b485e4l-f338474211r.jpg) ![380 ELDER Rd - Photo 7](http://lh.rdcpix.com/9b66e78799d53c39f72faec2e8b485e4l-f2869305614r.jpg) ![380 ELDER Rd - Photo 8](http://lh.rdcpix.com/9b66e78799d53c39f72faec2e8b485e4l-f3166535277r.jpg) --- **MLS#:** 10229259 | **Updated:** 2026-10-23 **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.ai/listing/380-elder-rd-memphis-tn-38109-301adbbadfdb4eb1b5132ff89ef745d9) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://www.propertysimple.ai/listing/380-elder-rd-memphis-tn-38109-301adbbadfdb4eb1b5132ff89ef745d9#listing", "url": "https://www.propertysimple.ai/listing/380-elder-rd-memphis-tn-38109-301adbbadfdb4eb1b5132ff89ef745d9", "name": "380 ELDER Rd, Memphis, TN 38109", "description": "Investor-friendly opportunity with immediate rental income! This recently renovated 3-bedroom, 1-bath home is tenant occupied with a lease in place from 7/1/2026 through 7/1/2028, offering stability from day one. Updated and income-producing, this property is a great addition to any rental portfolio. 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