$139,900

3048 KINGSGATE AVE, Memphis, TN 38118

3 beds |
1 bath |
1,321 sqft

Single-Family Home
Built in 1967
10,019sqft lot
—— car garage
$106/sqft
Listed 4 days ago

Property Description

Fantastic investment opportunity. Seller has 7 properties for sale. 6 SFH & 1 Duplex. This property is leased at $985/mo. through 10/31/2026. Providing immediate cash flow while you plan your future value-add strategy. Please do not disturb the tenant. Property being sold as-is. No wholesalers, or creative financing. Showings/Inspections after contract. This property is currently being professionally managed by Reed & Associates of TN, LLC. This charming home offers 3-bedrooms, 1.5-bathrooms, large open living and dining room, & a galley kitchen. Tiled & carpet flooring. A large backyard and a single car carport.

Listing Status:: Active
Date Added:: June 9, 2026
Data Last Updated:: June 13, 2026 at 5:01AM
Listing Office:: Reed & Associates of Tenn, LLC : 901-758-1133
MLS ID:: 10223559

Rooms: 6
Flooring: Part CarpetTile
A/C: Central
Heating: Central

General: Aluminum Window(s)Brick VeneerPorch
Style: Traditional
Pool: None
Parking: Driveway/PadParking spaces: 1

General: 1

County: Whitehaven/Tchulahoma

Zoning: 060193 00029

This listing courtesy of Reed & Associates of Tenn, LLC

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

Ready to Start a VA Loan?

Get Started

NMLS #1907 ^†

Get Prequalified »

Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.