REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 150,000
Est. payment | /mo
4 Beds
1.1 Baths
$ 150,000
Est. payment | /mo
4 Beds
1.1 Baths
Key Details
Property Type Single Family Home
Sub Type Detached Single Family
Listing Status Active
Purchase Type For Sale
Subdivision Winchester Heights 3Rd Addn
MLS Listing ID 10228622
Style Traditional
Bedrooms 4
Full Baths 1
Half Baths 1
Year Built 1960
Annual Tax Amount $1,439
Property Sub-Type Detached Single Family
Property Description
3123 Danville Rd, Memphis, TN — Turnkey Investment Property, Cash-Flowing Now Ready-to-own investment opportunity in Memphis! This brick, low-maintenance home is currently occupied by a long-term, reliable tenant paying $1,000/month, offering immediate cash flow from day one. Durable brick exterior means less upkeep and lower long-term maintenance costs, while central heat and air adds year-round comfort and tenant appeal. Ideal for buy-and-hold investors looking to add a stable, income-producing asset to their portfolio without any vacancy downtime. Property Highlights: Long-term tenant in place at $1,000/month Brick exterior — low maintenance Central heat and air Immediate rental income for investment buyers Cash or conventional financing only — no seller or creative financing available. Due to the occupied status, no showings will be conducted without an accepted offer. Buyers should submit offers based on provided property details, comps, and exterior/drive-by only.
Location
State TN
County Shelby
Area Parkway Village
Rooms
Master Bedroom 0
Dining Room 0
Kitchen Separate Living Room
Interior
Heating Central
Cooling Central
Flooring Part Hardwood
Exterior
Exterior Feature Brick Veneer
Parking Features Driveway/Pad
Garage Spaces 1.0
Pool None
Roof Type Composition Shingles
Private Pool Yes
Building
Lot Description Level
Story 1
Foundation Conventional
Others
Miscellaneous Wrought Iron Security Drs
Listed by Caleb Parr • Renshaw Company, REALTORS
NEARBY SCHOOL & BUSINESS