# 3816 ALLANDALE Ln, Memphis, TN 38111

> **TL;DR:** 2bd/1ba single family, $110,000 ($89/sqft), built 1950, 1,241 sqft.
> Hardwood, A/C. Est. $477/mo. Listed 25 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $110,000 |
| Price/sqft | $89 |
| Bedrooms | 2 |
| Bathrooms | 1 full |
| Square Feet | 1,241 |
| Year Built | 1950 |
| Lot Size | 7,841 sqft (0.18 acres) |
| Stories | 1 |
| Property Type | Single Family (Other) |
| Status | For Sale |
| Days on Market | 25 |

## Why This Home Stands Out

- **Hardwood Floors** - Throughout the home

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $477 |
| **Total** | **$477** |

## Key Amenities

- Hardwood
- A/C

## Property Highlights

- Built in 1950
- 0.18 acre lot

## Description

### Agent Description
This well-maintained 2-bedroom, 1-bath property is a fantastic investment opportunity, featuring a reliable, long-term tenant who has called it home for over 10 years. The tenant is in good standing and currently pays $875 per month, offering immediate, consistent income from day one. Even better, the rent is below market value, presenting clear potential for future increases and improved returns. Ideally located with convenient access to shopping, dining, and I-240, this property combines stability with upside potential. Whether you're looking to expand your investment portfolio or take your first step into real estate investing, this is a smart, income-producing opportunity you won't want to miss. Please do not disturb the tenant. This is a tenant-occupied property, and all tenant rights apply.

## Location

- **Address:** 3816 ALLANDALE Ln, Memphis, TN 38111
- **County:** Shelby
- **Neighborhood:** SHERWOOD FOREST SECOND ADDITION
- **Coordinates:** 35.102638, -89.935266
- **Google Maps:** https://www.google.com/maps?q=35.102638,-89.935266

## Listing Agent

- **Name:** Tracy Jefferson
- **Brokerage:** Crye-Leike, Inc., REALTORS
- **Phone:** 9012184006
- **Email:** tracy.jefferson@clhomes.com

## Primary Photo

![3816 ALLANDALE Ln - Primary Photo](http://lh.rdcpix.com/4f431362aceabcc63210da235356f21al-f2162017654r.jpg)

*16 total photos available on [listing page](https://www.propertysimple.com/listing/3816-allandale-ln-memphis-tn-38111-10220996)*

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**MLS#:** 10220996 | **Updated:** 2026-06-18
**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.com/listing/3816-allandale-ln-memphis-tn-38111-10220996)

---

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