About This Home

This 3-bedroom, 1-bathroom single family at 742 ARCHIE Dr in Memphis, TN is listed for $79,900 ($60 per sqft). Built in 1972, the home offers 1,330 sqft of living space on a N/A lot.

Key Features

  • Built in 1972

Property Details

1 story
1 full
1972

Amenities

A/C
Listing Description

Solid 3 bedroom, 1 bath investment property in Memphis's Northaven area, partially brick construction. A long-term tenant is currently in place on a month-to-month lease, paying $800/month, delivering immediate cash flow from close with no vacancy or lease-up period.

County taxes only - no city tax burden. Property will not be shown until an offer is accepted - buyer to underwrite on rent roll and photos, with inspection contingency as needed. Cash or conventional financing only; no creative financing (no seller financing, subject-to, wraps, or lease-options will be considered).

Highlights: 3 bed / 1 bath, partially brick Northaven area of Memphis County taxes only Long-term tenant in place, month-to-month Current rent: $800/month No showings prior to accepted offer Cash or conventional financing only - no creative financing

Monthly Cost Estimate

$427/mo

20% down · 6.5% · 30 years

Principal$58
Interest$346
Insurance$23

Estimates only. Actual payments may vary.

Location

742 ARCHIE Dr

Memphis, TN 38127

Northaven Blk C

Features & Amenities

Exterior Features

Wrought Iron Security Drs

Property Details

Parking

Driveway

Heating

Central

Cooling

Central Air

Questions & Answers

This 3-bedroom, 1-bathroom single family at 742 ARCHIE Dr is listed at $79,900 ($60/sqft). The estimated monthly payment is $427 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1972. Exterior Features: Wrought Iron Security Drs.

This property is listed by Caleb Parr.

CP

Caleb Parr

Agent at The Renshaw Company, REALTORS

Listed by The Renshaw Company, REALTORS · Broker phone: 901-756-5127 · View on Broker Site · Broker website

MLS# 10230875· Source: Memphis Area Association of Realtors®· 39 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.

742 ARCHIE Dr, Memphis, TN 38127

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