$160,000

3312 UNIVERSITY ST, Memphis, TN 38127

3 beds |
2 baths |
1,985 sqft

Single-Family Home
Built in 1963
0.32acre lot
—— car garage
$81/sqft
Listed 7 days ago

Property Description

Turnkey investment opportunity. Tenant already in place through April 2027 and rented at $1,285/month. This 3BR/2BA home with 1,985 SF was fully renovated in 2022, including new roof, updated mechanicals, and all interior finishes. Low-maintenance property ideal for an investor seeking immediate cash flow and long-term rental potential. Spacious layout, updated condition, and established tenancy make this a strong addition to a rental portfolio. Please do not disturb tenant. No showings without an accepted offer.

Listing Status:: Active
Date Added:: May 13, 2026
Data Last Updated:: May 20, 2026 at 1:34AM
Listing Office:: Heritage Homes Co. : 901-755-2000
MLS ID:: 10221477

Rooms: 6
Flooring: Part CarpetVinyl/Luxury Vinyl FloorTextured Ceiling
A/C: Central
Heating: Central

General: Wood/CompositionAluminum/Steel SidingWrought Iron Security DrsPorchStorage
Style: Traditional
Pool: None
Parking: Driveway/PadStorage Room(s)Front-Load GarageParking spaces: 2

Roofing: Composition Shingles
General: 1Conventional

County: Frayser - East

Zoning: 072058 00041

Water: Gas Water HeaterPublic SewerPublic Water
Sewer: Gas Water HeaterPublic SewerPublic Water

This listing courtesy of Heritage Homes Co.

Monthly Payment

$Est. Payment

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

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