6 months on rocket

3224 S Mendenhall Rd # 1A, Memphis, TN, 38115

$2,300,000

Home List Price

$10,000*

Closing Credit

2 Bedrooms
2 Full Baths
Townhouse

Location

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3224 S Mendenhall Rd # 1A, Memphis$2,300,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeTownhouse
ParkingParking Lot
Year Built1969
HeatingCentral
CoolingCentral Air
MLS #10174039
StatusActive

About 3224 S Mendenhall Rd # 1A

Current rent $900 Prefect for any investor looking for high returns! Being sold as a package Price $2,300,000 PACKAGE SALE. 1 10 Unit-2 bed 1 bath Apartment Complex, apartment has been renovated. 2 Condo 3224 S. Mendenhall Rd, 10 Single family homes. All SFH are rented. Package includes: 1034 Patton St, 2654 Kimball Ave, 3718 Denver St, 2574 Sunny Hill Dr, 1052 Seattle St, 1403 Rayner St, 3707 Orland St, 931 Maxey St, 2574 Sunny Hill Dr, 1439 Oriole St, 1715 Graggland, 3224 S. Mendenhall Rd Unit 1A and 4B

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1969
  • Stories: 1

Listing Office:

  • Office Name: eXp Realty, LLC

Interior Features

Interior Information:

  • Flooring Type: Other (See REMARKS)

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Exterior: Other (See REMARKS)

Parking Information:

  • Parking: Parking Lot

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: turn right on Mendenall

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,300,000
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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

$183K

# of Sold Homes

362

3224 S Mendenhall Rd # 1A vs Memphis

194 DAYS ON ROCKET

$2,300,000

+$2.1M More

KEY TAKEAWAY

This property is $2.1M more than the Median Sold Price in Memphis, TN.

Based on homes sold in November 2024

MLS Details

MLS Information:

  • MLS Number: #10174039

Listing Office:

  • Office Name: eXp Realty, LLC

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: 12/18/2024, 9:20:52 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

$11.5K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$6,962

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NMLS#3030

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.

Nearby Schools

school-card-donut-4465894
5
/10

  • Power Center Academy Elementary School

  • 3540 S Mendenhall Rd

  • 0.53 miles

  • Public Charter Grades KG-5

school-card-donut-4465895
6
/10

  • Newberry Elementary School

  • 5540 Newberry Ave

  • 0.56 miles

  • Public District Grades PK-5

school-card-donut-4465896
5
/10

  • Fox Meadows Elementary School

  • 2960 Emerald St

  • 0.66 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $53,516. Residents of Memphis, TN typically earn between $35k-100k each year. Most families are single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 3224 S Mendenhall Rd # 1A

What is the listing price of this property?

The listing price of 3224 S Mendenhall Rd # 1A property is $2,300,000.

What type of property is this?

The property 3224 S Mendenhall Rd # 1A is a townhouse located in Memphis, Tennessee, 38115.

Is this property for sale now?

Active Listing: 3224 S Mendenhall Rd # 1A is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 3224 S Mendenhall Rd # 1A has 2 bedrooms and 2 bathrooms.

Which year was this property built?

The year of construction for 3224 S Mendenhall Rd # 1A is 1969.

Rocket Homes›Tennessee›Shelby County›Memphis›38115›3224 S Mendenhall Rd # 1A

This home is located at 3224 S Mendenhall Rd # 1A in Memphis, TN and zip code 38115 in the Southeast Memphis neighborhood. This home was built in 1969. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since June 06, 2024 and is currently priced at $2,300,000.

While more than 45 listings in Memphis, TN in November 2024 were sold above asking price, there were more than 98 listings sold at asking price, and more than 218 were sold below. The inventory of homes for sale in Memphis, TN between October 2024 and November 2024 increased by 6.8%.

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

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