About This Home

Renovated and currently leased, this 1,193-square-foot single-family home offers an active rental arrangement in Memphis, Tennessee. The lease is in place through August 31, 2026, with current rent of $750. Built in 1942, the home includes three bedrooms and one bathroom, with central air conditioning and central heating.

It sits on a 0.14-acre lot in the MURLEY RE OF LOTS 46 49 TO 54 neighborhood. The property is offered at $121,030 and is part of a 103-home package. No creative finance offers are being accepted. With its established lease, renovated condition, and straightforward three-bedroom, one-bath layout, the home presents a factual rental property opportunity within Memphis. The residence combines its original 1942 construction date with updated rental use and essential central climate systems.

Key Features

  • Built in 1942
  • 0.14 acre lot

Property Details

1 story
1 full
1942

Amenities

A/C
Listing Description

Renovated rental property with an active lease in place. Currently leased at $750 with a lease expiration of 08/31/2026. No creative finance offers. This home is part of a 103 home package.

Monthly Cost Estimate

$647/mo

20% down · 6.5% · 30 years

Principal$88
Interest$524
Insurance$35

Estimates only. Actual payments may vary.

Location

3818 GREY Rd

Memphis, TN 38108

MURLEY RE OF LOTS 46 49 TO 54

Property Details

Heating

Central

Cooling

Central Air

Questions & Answers

This 3-bedroom, 1-bathroom single family at 3818 GREY Rd is listed at $121,030 ($101/sqft). The estimated monthly payment is $647 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1942, 0.14 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# 10213277· Source: Memphis Area Association of Realtors®· 115 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.

3818 GREY Rd, Memphis, TN 38108

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