Fantastic investment opportunity in the Shelby area. This 3br/2 bath single-family home is in the 38115 area. Cash flowing with a monthly rental amount of $995/month. The lease ends on 11/30/2024. No showings without an accepted offer. No wholesaler offers or offers with assignment of contract language will be accepted.
Property Details
Property Features
Property Information:
Architectural Style: Other (See Remarks)
Year Built: 1989
Stories: 1
Listing Office:
Office Name: CrestCore Realty MphsBrokerage
Interior Features
Interior Information:
Flooring Type: Other (See REMARKS)
Bedroom and Bathroom Information:
Full Bathrooms: 2
Total Bedroom Count: 3
Exterior Features
Exterior Information:
Waterfront: Other
Exterior: Other (See REMARKS)
Parking Information:
Parking: Other (See REMARKS)
Lot Features
Lot Information:
Lot: Other
Lot Size: 0.07 Acres
Utilities
Utilities Information:
Heating: Other
Cooling: Other
Other
Directions Information:
Directions: East on Winchester from Mendenhall, Left on Bishops Gate.
Price Information
Listing Price Info
Price Summary:
List Price: $125,000
Tax Information:
Annual Amount: $1,524
Tax Year: 2021
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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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
6
/10
Newberry Elementary School
5540 Newberry Ave
Distance between this listing and this school0.07 miles
Public District Grades PK-5
5
/10
Power Center Academy Elementary School
3540 S Mendenhall Rd
Distance between this listing and this school0.28 miles
Public Charter Grades KG-5
5
/10
Fox Meadows Elementary School
2960 Emerald St
Distance between this listing and this school1.06 miles
Public District Grades PK-5
Nearby Schools
4
/10
Power Center Academy Middle School
5449 Winchester Rd
Distance between this listing and this school0.33 miles
Public Charter Grades 6-8
3
/10
Wooddale Middle School (ASD)
3467 Castleman St
Distance between this listing and this school0.79 miles
Public Charter Grades 6-8
4
/10
Hickory Ridge Middle School
3920 Ridgeway Rd
Distance between this listing and this school1.47 miles
Public District Grades 6-8
Nearby Schools
3
/10
Power Center Academy High School
5390 Mendenhall Square Mall
Distance between this listing and this school0.33 miles
Public Charter Grades 9-12
2
/10
Wooddale High School
5151 Scottsdale Ave
Distance between this listing and this school0.83 miles
Public Magnet Grades 9-12
4
/10
Memphis School of Excellence
4921 Winchester Rd
Distance between this listing and this school1.18 miles
The neighbors living near this home have an average income of $56,960. Typical income of Memphis, TN residents is between $35k-100k annually. The majority of 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 3514 Bishops Gate Dr
What is the listing price of this property?
The listing price of 3514 Bishops Gate Dr property is $125,000.
What type of property is this?
The property 3514 Bishops Gate Dr is a townhouse located in Memphis, Tennessee, 38115.
Is this property for sale now?
Active Listing: 3514 Bishops Gate Dr is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $1,524 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on August 9, 2012 for $25,400. (source: MLS/tax record).
How many bedrooms and bathrooms does this property have?
The property at 3514 Bishops Gate Dr has 3 bedrooms and 2 bathrooms.
Which year was this property built?
The year of construction for 3514 Bishops Gate Dr is 1989.
This home is located at 3514 Bishops Gate Dr in Memphis, TN and zip code 38115 in the Southeast Memphis neighborhood. This home, which was built in 1989, sits on a 0.07 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since July 31, 2024 and is currently priced at $125,000.
While more than 53 listings in Memphis, TN in October 2024 were sold above asking price, there were more than 103 listings sold at asking price, and more than 252 were sold below. The number of listings in Memphis, TN increased by 22.4% between September 2024 and October 2024.
From Rocket Homes Real Estate and based on county public records data.