# 3920 SCHOOLFIELD Rd, Memphis, TN 38127

> **TL;DR:** 3bd/1ba single family, $99,000 ($69/sqft), built 1972, 1,430 sqft. Est. $530/mo. Listed 41 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $99,000 |
| Price/sqft | $69 |
| Bedrooms | 3 |
| Bathrooms | 1 full |
| Square Feet | 1,430 |
| Year Built | 1972 |
| Lot Size | 7,841 sqft (0.18 acres) |
| Stories | 1 |
| Property Type | Single Family (Other) |
| Status | Active |
| Days on Market | 41 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $501 |
| Estimated Insurance | $29 |
| **Total** | **$530** |

## Property Highlights

- Built in 1972
- 0.18 acre lot

## Description

### Agent Description
Attention investors! Add immediate rental income to your portfolio with this tenant-occupied 3-bedroom, 1-bath investment property. Currently leased at $1,100 per month through the Housing Choice Voucher Program (Section 8), this home offers an opportunity to acquire an income-producing asset with an existing tenant in place. Lease and program documentation available for review. Please make all offers contingent upon inspection. Tenant occupied-do not approach the property or disturb the tenant. No showings without an accepted offer.

## Location

- **Address:** 3920 SCHOOLFIELD Rd, Memphis, TN 38127
- **County:** Shelby
- **Neighborhood:** SCHOOLFIELD ST ELMO
- **Coordinates:** 35.232559, -89.968264
- **Google Maps:** https://www.google.com/maps?q=35.232559,-89.968264

## Listing Agent

- **Name:** Alyssa Ivey
- **Brokerage:** Memphis Real Estate Advisors, brokered by eXp Realty, LLC
- **Phone:** 9013362048
- **Broker Phone:** (901) 461-0905
- **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/3920-Schoolfield-Rd_Memphis_TN_38127_M83608-29911?f=listhub&s=MAARTN&m=10227883&c=propsimple)

## Photos

![3920 SCHOOLFIELD Rd - Photo 1](http://lh.rdcpix.com/fab47404de17fbabed5af63db42eafe7l-f1127384479r.jpg)

---

**MLS#:** 10227883 | **Updated:** 2026-09-12
**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/3920-schoolfield-rd-memphis-tn-38127-10227883)

---

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