3881 Marion Ave, Memphis, TN, 38111

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3881 Marion Ave, Memphis$200,000

Buyer Closing Credits

$2,375^*

1.25% Loan Amount

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1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence

ParkingDriveway/Pad, Front-Load Garage, Gated Parking

Year Built1950

HeatingCentral

CoolingCentral Air

FireplaceIn Living Room

MLS #10179464

Lot Size0.19 Acres

StatusActive

About 3881 Marion Ave

Discover this charming property in the desirable Normal Station neighborhood—perfect for both investors and first-time home buyers! With great curb appeal, this 3-bedroom, 2-bathroom home offers versatility and value. Currently rented for $1,500 per month with a lease in place until June 2025, this property provides a steady income stream for investors. Its prime location near the University of Memphis and Memphis' top attractions ensures consistent demand and convenience for tenants.

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Property Details

Property Features

Property Information:

• Architectural Style: Traditional
• Year Built: 1950
• Stories: 1

Listing Office:

• Office Name: The Firm

Interior Features

Interior Information:

• Appliances: Range, Oven, Cooktop, Disposal, Dishwasher, Refrigerator, Washer, Dryer
• Flooring Type: Part Hardwood, Tile
• Interior: All Window Treatments, Smoke Detector(s)
• Fireplace: In Living Room

Bedroom and Bathroom Information:

• Full Bathrooms: 2
• Total Bedroom Count: 2

Exterior Features

Exterior Information:

• Exterior: Wrought Iron Security Drs, Storage Building

Parking Information:

• Parking: Driveway/Pad, Front-Load Garage, Gated Parking

Lot Features

Lot Information:

• Lot: Few Trees, Fencing
• Lot Size: 0.19 Acres

Utilities

Utilities Information:

• Heating: Central
• Cooling: Central Air

Other

Directions Information:

• Directions: Going West on Southern from Goodlett, Turn Left on Shotwell, then right on Marion Ave. Home is located on the Left.

Price Information

Listing Price Info

Price Summary:

• List Price: $200,000

Tax Information:

• Annual Amount: $3,104
• Tax Year: 2021

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Housing Market Comparison

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

Memphis, TN

City

Med. Sold Price

$190.4K

# of Sold Homes

409

3881 Marion Ave vs Memphis

94 DAYS ON ROCKET

$200,000

+$9.5K More

KEY TAKEAWAY

This property is $9.5K more than the Median Sold Price in Memphis, TN.

Based on homes sold in October 2024

MLS Details

MLS Information:

• MLS Number: #10179464

Listing Office:

• Office Name: The Firm

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: 11/21/2024, 10:20:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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Property Sales & Tax

Listing History

DATE	EVENT	PRICE
Sep 08, 2020	Sep 08, 2020Home Sold	$175,500
May 10, 2016	May 10, 2016Home Sold	$65,000

Tax History

YEAR	PROP. TAX	ASSESSMENT
2021	$3,104	$42,875
2020	$2,007	$27,700
2019	$2,007	$27,700
2018	$1,138	$27,700
2017	$1,257	$27,700

History based on county public records data.

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**Disclosures

Rocket Homes›Tennessee›Shelby County›Memphis›38111›3881 Marion Ave

This home is located at 3881 Marion Ave in Memphis, TN and zip code 38111 in the Normal Station neighborhood. This home, which was built in 1950, sits on a 0.19 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since August 19, 2024 and is currently priced at $200,000.

In October 2024 more than 53 listings in Memphis, TN were sold above the asking price. During the same period more than 103 listings were sold at asking price, while more than 252 were sold below. The number of homes for sale 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.