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About This Home
This 3-bedroom, 2-bathroom single family at 3962 SLOAN St in Memphis, TN is listed for $164,000 ($99 per sqft). Built in 1960, the home offers 1,656 sqft of living space on a 0.24 acres lot.
ATTENTION INVESTORS!! This brick home is rented for $1,525/month to a Section 8 tenant with a lease secured until January 31, 2027. Home features spacious living room, updated eat-in kitchen, 3 spacious bedrooms and a large bonus room in back, back deck and large fenced-in backyard.
Renovated in November 2025. Crawlspace is encapsulated and roof, water heater and HVAC are less than 5 years old. Laminate hardwood throughout, brand new carpet in bedrooms. Stable cash flow and a good blend of investor and owner occupants in the area make this an attractive investment for anyone looking to add value to their portfolio! Lease and rent rolls available upon request. No seller financing, creative financing or wholesale offers. Professionally managed, do not disturb tenant.
Key Features
- Built in 1960
- 0.24 acre lot
Property Details
Amenities
Monthly Cost Estimate
$877/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
3962 SLOAN St
Memphis, TN 38118
KENSINGTON GARDENS BLK F-1
Features & Amenities
Exterior Features
Property Details
Flooring
Pool Features
Parking
Heating
Cooling
Questions & Answers
This 3-bedroom, 2-bathroom single family at 3962 SLOAN St is listed at $164,000 ($99/sqft). The estimated monthly payment is $711 based on 20% down at 6.5% interest.
Key features include: Built in 1960, 0.24 acre lot. Exterior Features: Patio.
This property is listed by Jeremy Veldman and can be reached at 6624187511 or Jrveldman@gmail.com.
