$189,000

3820 LUCERNE DR, Memphis, TN 38115

3 beds |
2 baths |
1,480 sqft

Single-Family Home
Built in 1981
8,276sqft lot
—— car garage
$128/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 $1,390/mo. through 2/28/2027. 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, 2-bathrooms, open den w/FP, separate dining room & eat in Kitchen. Tiled floors in the common areas & plank vinyl in the bedrooms. A large lot with mature trees. Photos from July 2022.

Listing Status:: Active
Date Added:: June 9, 2026
Data Last Updated:: June 13, 2026 at 9:43PM
Listing Office:: Reed & Associates of Tenn, LLC : 901-758-1133
MLS ID:: 10223554

Rooms: 6
Flooring: Other (See REMARKS)
A/C: Central
Heating: Central
Fireplace: Fireplaces: 1

General: Vinyl SidingOther (See REMARKS)
Style: Traditional
Pool: None
Parking: Driveway/Pad

Roofing: Composition Shingles
General: 1Slab

County: Hickory Hill/Kirby High

Zoning: 093510 R00019

Water: Public Sewer
Sewer: Public Sewer

This listing courtesy of Reed & Associates of Tenn, LLC

Monthly Payment

$Est. Payment

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

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