Tenant Occupied. This charming 3-bedroom, 1-bathroom is a great investment opportunity. The property is tenant-occupied, generating a steady rental income of $940 per month, with a lease secured until 02/28/2025. Situated on a quiet cove, this home offers a functional layout, low maintenance features, and a desirable location for tenants. With reliable cash flow and a stable lease in place, this property is an excellent addition to your investment portfolio.
Property Details
Property Features
Property Information:
Architectural Style: Traditional
Year Built: 1973
Stories: 1
Listing Office:
Office Name: Foundation Property Management
Interior Features
Interior Information:
Flooring Type: Part Carpet
Bedroom and Bathroom Information:
Full Bathrooms: 1
Total Bedroom Count: 3
Exterior Features
Exterior Information:
Exterior: Porch
Parking Information:
Parking: Driveway/Pad
Lot Features
Lot Information:
Lot: Level
Lot Size: 0.14 Acres
Utilities
Utilities Information:
Heating: Central
Cooling: Central Air
Other
Directions Information:
Directions: Take Cordova Rd and Appling Rd to I-40 W 10 min (4.2 mi) ? Continue on I-40 W to TN-14 N/Jackson Ave. Take exit 8A from I-40 W 8 min (8.2 mi) ? Continue on TN-14 N/Jackson Ave. Take Raleigh Millington Rd and Frayser-Raleigh Rd to Parfet Cove 5 min (3.0
Price Information
Listing Price Info
Price Summary:
List Price: $109,150
Tax Information:
Annual Amount: $1,113
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
4
/10
Promise Academy-Spring Hill (ASD)
3796 Frayser Raleigh Rd
Distance between this listing and this school0.39 miles
Public Charter Grades PK-5
5
/10
Egypt Elementary School
4160 Karen Cv
Distance between this listing and this school1.15 miles
Public District Grades PK-5
4
/10
Keystone Elementary School
4301 Old Allen Rd
Distance between this listing and this school1.28 miles
Public Magnet Grades PK-5
Nearby Schools
3
/10
Memphis Academy of Health Sciences
3606 Hawkins Mill Rd
Distance between this listing and this school0.41 miles
Public Charter Grades 6-8
3
/10
Granville T. Woods Academy of Innovation Charter School
3824 Austin Peay Hwy
Distance between this listing and this school2.50 miles
Public Charter Grades KG-8
5
/10
Craigmont Middle School
3455 Covington Pike
Distance between this listing and this school2.71 miles
Public Magnet Grades 6-8
Nearby Schools
3
/10
Raleigh Egypt High School
3970 Voltaire Ave
Distance between this listing and this school1.16 miles
Public District Grades 9-12
3
/10
Trezevant High School
3350 N Trezevant St
Distance between this listing and this school2.09 miles
Public District Grades 9-12
3
/10
Craigmont High School
3333 Covington Pike
Distance between this listing and this school2.71 miles
The neighbors living near this home have an average income of $27,258. Most Memphis, TN residents have annual incomes less than $35k. Most families are single, no kids. Most residents in this area have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 3696 Parfet Cv
What is the listing price of this property?
The listing price of 3696 Parfet Cv property is $109,150.
What type of property is this?
The property 3696 Parfet Cv is a house located in Memphis, Tennessee, 38128.
Is this property for sale now?
Active Listing: 3696 Parfet Cv 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 $1,113 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on November 9, 2020 for $60,000. (source: MLS/tax record).
How many bedrooms and bathrooms does this property have?
The property at 3696 Parfet Cv has 3 bedrooms and 1 bathroom.
Which year was this property built?
The year of construction for 3696 Parfet Cv is 1973.
This home is located at 3696 Parfet Cv in Memphis, TN and zip code 38128 in the Raleigh neighborhood. This home, which was built in 1973, sits on a 0.14 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since December 06, 2024 and is currently priced at $109,150.
In November 2024, from all listings sold in Memphis, TN there were more than 45 sold above asking price, over 218 sold below and more than 98 were sold right at the asked price. Between October 2024 and November 2024, Memphis, TN real estate market has seen increase in the number of listings by 6.8%.
From Rocket Homes Real Estate and based on county public records data.