13 days on rocket

3811 S Mendenhall Rd Unit 3811, Memphis, TN, 38115

$60,000

Home List Price

$713*

Closing Credit

2 Bedrooms
1 Full Bath, 1 Partial
Townhouse
Schools Nearby

Location

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3811 S Mendenhall Rd Unit 3811, Memphis$60,000

Buyer Closing Credits

$713*

1.25% Loan Amount

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Property Highlights

Home TypeTownhouse
ParkingParking Lot, Unassigned Parking
Year Built1973
HeatingCentral
CoolingCentral Air
MLS #10171674
Lot Size0.01 Acres
StatusActive

About 3811 S Mendenhall Rd Unit 3811

Turnkey, GUARANTEED cash flow! This rental property leases for $797/mth with a Section 8 tenant and is the perfect addition to your investment portfolio! New HVAC, flooring, dishwasher, garbage disposal, and countertops. Fresh paint downstairs. Excellent investment opportunity. Close today, increase your income tomorrow!

Property Details

Property Features

Property Information:

  • Architectural Style: Other (See Remarks)
  • Year Built: 1973
  • Stories: 2

Listing Office:

  • Office Name: Patterson & Assoc. Real Estate

Interior Features

Interior Information:

  • Flooring Type: Wood Laminate Floors, Part Carpet

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Exterior: Patio

Parking Information:

  • Parking: Parking Lot, Unassigned Parking

Lot Features

Lot Information:

  • Lot Size: 0.01 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Memphis Virtual School, Public District Grades 6-12

Other

Directions Information:

  • Directions: From Mt. Moriah, head south on Mendenhall. Once you pass Winchester, The property will be on your right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $60,000
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Housing Market Comparison

See how this home compares to others in Memphis, TN.

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Memphis, TN

City

Med. Sold Price

$195.6K

Med. Price/SqFt

$130

# of Sold Homes

471

3811 S Mendenhall Rd Unit 3811 vs Memphis

13 DAYS ON ROCKET

$60,000

-$135.6K Less

KEY TAKEAWAY

This property is $135.6K less than the Median Sold Price in Memphis, TN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #10171674

Listing Office:

  • Office Name: Patterson & Assoc. Real Estate

Copyright© 2024 Memphis Area Association of REALTORS. The information provided is for the consumer's personal, non-commercial 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.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/18/2024, 5:20:32 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$367

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$246

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

High School

school-card-donut-3041036
1
/10

  • Memphis Virtual School

  • 3772 Jackson Ave

  • 9.82 miles

  • Public District Grades 6-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $34,516. Residents of Memphis, TN typically earn less than $35k each year. Residents typically live in single, no kids family. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 3811 S Mendenhall Rd Unit 3811

What is the listing price of this property?

The listing price of 3811 S Mendenhall Rd Unit 3811 property is $60,000.

What type of property is this?

The property 3811 S Mendenhall Rd Unit 3811 is a townhouse located in Memphis, Tennessee, 38115.

Is this property for sale now?

Active Listing: 3811 S Mendenhall Rd Unit 3811 is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 3811 S Mendenhall Rd Unit 3811 are:
Memphis Virtual School: GreatSchools Rating 1/10

How many bedrooms and bathrooms does this property have?

The property at 3811 S Mendenhall Rd Unit 3811 has 2 bedrooms and 1 full and 1 half bathrooms.

Which year was this property built?

The year of construction for 3811 S Mendenhall Rd Unit 3811 is 1973.

Rocket Homes›Tennessee›Shelby County›Memphis›38115›3811 S Mendenhall Rd Unit 3811

This home is located at 3811 S Mendenhall Rd Unit 3811 in Memphis, TN and zip code 38115. This home, which was built in 1973, sits on a 0.01 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since May 04, 2024 and is currently priced at $60,000.

Memphis, TN housing market in April 2024 saw over 75 listings sold above listed price, more than 122 sold at listed price and over 272 sold below. The inventory of homes for sale in Memphis, TN between March 2024 and April 2024 increased by 13.1%.

From Rocket Homes Real Estate and based on county public records data.

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