Attention investors! Add an income-producing property to your Memphis rental portfolio with this tenant-occupied 2BR/1BA home, currently leased for $950 per month. Recent capital improvements include a brand-new roof installed in July 2026 and a new AC condenser, helping reduce near-term maintenance concerns. With a tenant already in place, this property offers immediate rental income and a streamlined transition for its next owner. Property is being sold subject to tenant rights. Showings require proper notice and coordination?do not approach the property or disturb the tenant. Please submit offers contingent upon inspection.
Listed By
Agency Name: eXp Realty
Agency Phone: 901-671-1015
Shown By
Agency Title: Crye-Leike Real Estate Services
Agency Phone: 866-253-4666
Estimated Payment
$ 284.28 per month $251.34 Principal & Interest $0.00 Property Tax (data not provided by mls) $32.94 Homeowner's InsuranceCrye-Leike is a full-service real estate company founded in Memphis in 1977. Today it is ranked #4 in the nation and the largest real estate company serving markets in Tennessee, Arkansas, Georgia, Mississippi. Crye-Leike has a network of more than 2,800+ licensed sales associates, 600+ staff members and over 130+ branch and franchise offices located throughout a seven state region of Alabama, Arkansas, Florida, Georgia, Kentucky, Mississippi, and Tennessee. Crye-Leike also has a franchise location in Puerto Rico.
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3761 Faxon Dr | MLS# 10227842
This single family home located at 3761 Faxon Dr, Memphis, TN 38122 is currently listed for sale with an asking price of $112,935. This property was built in 1948 and has 2 bedrooms and 1 full baths. Faxon Dr is located in the EASTLAWN TERRACE subdivision. Search EASTLAWN TERRACE real estate on www.clhomes.com today.