About This Home

This 3-bedroom, 2-bathroom single family at 3962 SLOAN St in Memphis, TN is listed for $154,000 ($93 per sqft). Built in 1960, the home offers 1,656 sqft of living space on a 0.24 acres lot.

Key Features

  • Built in 1960
  • 0.24 acre lot

Property Details

1 story
1 full, 1 half
1960

Amenities

A/C
Listing Description

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 (could be marketed as a 4 bedroom for rental), back deck and large fenced-in backyard.

Renovated in November 2025. Crawlspace is encapsulated. Laminate hardwood throughout, brand new carpet in bonus room. 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.

Monthly Cost Estimate

$824/mo

20% down · 6.5% · 30 years

Principal$111
Interest$667
Insurance$45

Estimates only. Actual payments may vary.

Location

3962 SLOAN St

Memphis, TN 38118

KENSINGTON GARDENS BLK F-1

Features & Amenities

Exterior Features

Patio

Property Details

Flooring

LaminateCarpet

Outdoor Features

Patio

Parking

Driveway

Heating

Central

Cooling

Central Air

Questions & Answers

This 3-bedroom, 2-bathroom single family at 3962 SLOAN St is listed at $154,000 ($93/sqft). The estimated monthly payment is $824 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1960, 0.24 acre lot. Exterior Features: Patio.

This property is listed by Jeremy Veldman.

JV

Jeremy Veldman

Agent at KAIZEN Realty

Listed by KAIZEN Realty · Broker phone: (901) 221-4041 · View on Broker Site · Broker website

MLS# 10223297· Source: Memphis Area Association of Realtors®· 149 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.

3962 SLOAN St, Memphis, TN 38118

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