$160,000

3066 REDBUD RD, Memphis, TN 38109

3 beds |
2 baths |
1,198 sqft

Single-Family Home
Built in 1943
0.47acre lot
—— car garage
$134/sqft
Listed 5 days ago

Property Description

Investment opportunity with two separate units and strong rent potential!! Unit 3066 has been updated and is 3 bedrooms and 2 baths, offering increased livable space (Bonus Room) and higher rent capacity. Unit 3068 requires repairs and updates. After renovations, each unit is projected to lease for approximately $1,400–$1,550 per month with Section 8, based on current area rental rates. Property offers a solid value-add opportunity for investors seeking long-term cash flow in the area.

Listing Status:: Active
Date Added:: April 16, 2026
Data Last Updated:: April 21, 2026 at 4:44AM
Listing Office:: eXp Realty, LLC : 901-505-0756
MLS ID:: 10219403

Rooms: 7
Flooring: Vinyl/Luxury Vinyl Floor
A/C: Window Unit(s)
Heating: Wall Unit

General: Brick VeneerWrought Iron Security DrsDeck
Style: Traditional
Pool: None
Parking: Driveway/Pad

General: 1

County: Mitchell/Westwood

Zoning: 075006 00026

This listing courtesy of eXp Realty, LLC

Monthly Payment

$Est. Payment

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

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Location

Schools Nearby

Ford Road Elementary School

3336 Ford Rd, Memphis, TN, 38109

Grades PK-5

0.89 miles away

Riverview School

241 Majuba Ave, Memphis, TN, 38109

Grades PK-8

2.20 miles away

Mitchell High School

658 W Mitchell Rd, Memphis, TN, 38109

Grades 9-12

1.25 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.