3741 Faxon Ave, Memphis, TN 38122
- $180,000
- 3
- BD
- 2
- BA
- List Price
- $180,000
- Status
- ACTIVE
- MLS#
- 10215466
- Price Change
- ▼ $9,900 1774828483
- Bedrooms
- 3
- Bathrooms
- 2
- Lot Size
- 50X200
Property Description
Turnkey investment opportunity in the heart of Memphis. This renovated 3 bedroom 2 bathroom property at 3741 Faxon Ave is tenant occupied and currently leased at $1,445 per month through 01-01-2028, providing strong and stable cash flow from day one. The tenant has a $1,445 security deposit in place, adding an extra layer of protection for the new owner. This is a great option for investors looking to expand their portfolio with secured income already in place for the next several years. Located in a convenient area with easy access to major roads, shopping, and local amenities. Interior pictures are available upon request. Do not disturb tenant.
/u.realgeeks.media/groomeco/80A47C59-046D-46CD-9C72-A24626F920A1.jpeg)
Additional Information
- Acres
- 0.22
- Annual City Tax
- 1058
- Annual County Tax
- 1103
- Bedrooms Downstairs
- 2
- Bedroom Three Description
- Level 1, Shared Bath, Smooth Ceiling, Vinyl/Luxury Vinyl Floor
- Bedroom Two Description
- Level 1, Shared Bath, Smooth Ceiling, Vinyl/Luxury Vinyl Floor
- Cooling
- Central
- Exterior
- Porch, Sidewalks
- Exterior Windows
- Brick Veneer, Vinyl Siding, Aluminum Window(s)
- Floors Ceilings
- Part Carpet, Tile, Vinyl/Luxury Vinyl Floor, Smooth Ceiling, Other (See REMARKS)
- Foundation
- Conventional
- Heating
- Central
- Legal Subdivision
- T A Lambss
- Living Dining Kitchen
- Separate Living Room, Separate Dining Room, Updated/Renovated Kitchen
- Lot
- 1
- Lot Description
- Some Trees, Level, Landscaped, Chain Fenced
- Lot Size
- 50X200
- Neighborhood Amenities
- None
- Other Rooms
- Laundry Room
- Parking Storage
- Driveway/Pad
- Roof
- Composition Shingles
- Stories
- 1
- Style
- Traditional
- Subdivision
- T A LAMBS
- Subtype
- Detached Single Family
- Water Sewer
- Public Water, Public Sewer
- Year Built
- 1948
Mortgage Calculator
Listing courtesy of Fast Track Realty, LLC.
Some or all of the listings displayed may not belong to the firm whose website is being visited
Copyright© 2026 Memphis Area Association of REALTORS®. The information provided is for the consumer's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties that the consumer may be interested in purchasing. Information deemed reliable, but is not guaranteed accurate. Some or all of the listings displayed may not belong to the firm whose web site is being visited.