Primary on Main
Address
3741 Faxon Ave, Memphis, TN
Price
$ 180,000
Property Attributes
- MLS#10215466
- TypeSingle Family
- Listing Status Active
- CountySHELBY
- CityMemphis
- AreaKingsbury
- NeighborhoodT A LAMBS
- Zip38122
- StyleTraditional
- Year Built1948
- Taxes$ 2161
- Price$ 180,000
- Bedrooms3
- Full Bathrooms2
- Half Bathrooms0
- Sqr Footage1024
- Lot Size0.22 Acres
Data Source:
Memphis MLS (MAAR)
Property Description
Turnkey investment opportunity in the heart of Memphis. This renovated 3 bedroom 2 bathroom property at 3741 Faxon Ave is tenant occupied and currently leased at $1,445 per month through 01-01-2028, providing strong and stable cash flow from day one. The tenant has a $1,445 security deposit in place, adding an extra layer of protection for the new owner. This is a great option for investors looking to expand their portfolio with secured income already in place for the next several years. Located in a convenient area with easy access to major roads, shopping, and local amenities. Interior pictures are available upon request. Do not disturb tenant.
| Price History | |
|---|---|
| 2/26/2026 | Listed $189,900 |
| 3/29/2026 | 6$180,000 |
General Features
| Heating | Central |
|---|---|
| Cooling | Central |
| Roof | Composition Shingles |
| Status | Active |
| Full Baths | 2 |
| Other Rooms | Laundry Room |
| Legal Subdivision Name | T A LAMBSS |
| Style | Traditional |
| Stories Count | 1 |
| County | Shelby |
| Class | Residential |
| Type | Detached Single Family |
| Condo | No |
| Area | 752E |
| Parcel Number | 038079 00013 |
| Status | Active |
| Annual City Tax | 1058 |
| Annual County Tax | 1103 |
| Sale/Rent | For Sale |
| Area | Kingsbury |
| Service Type | Full Service Listing |
| Neighborhood Association | None |
| Year Built | 1948 |
| Directions | On Summer Ave head toward Hillcrest St. Turn left onto Freeman St. Turn right at the 1st cross street onto Faxon Ave. |
| City | Memphis |
| DOM | 196 |
Interior Features
| Living Room | Separate Dining Room,Separate Living Room,Updated/Renovated Kitchen |
|---|---|
| Beds | 3 |
| Total Baths | 2 |
| Number of Rooms | 5 |
| Downstairs Bedrooms | 2 |
| FLOORS/CEILINGS | Other (See REMARKS),Part Carpet,Smooth Ceiling,Tile,Vinyl/Luxury Vinyl Floor |
| BEDROOM 3 DESCRIPTION | Level 1,Shared Bath,Smooth Ceiling,Vinyl/Luxury Vinyl Floor |
| BEDROOM 2 DESCRIPTION | Level 1,Shared Bath,Smooth Ceiling,Vinyl/Luxury Vinyl Floor |
Exterior Features
| Foundation | Conventional |
|---|---|
| Pool | None |
| Lot | 1 |
| Lot Size Area | 0.22 |
| Water & Sewer | Public Sewer,Public Water |
| Lot Size | 50X200 |
| Parking Display | N0 |
| Lot Description | Chain Fenced,Landscaped,Level,Some Trees |
| PARKING/STORAGE | Driveway/Pad |
| EXTERIOR/WINDOWS | Aluminum Window(s),Brick Veneer,Vinyl Siding |
| Misc. Exterior | Porch,Sidewalks |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 38122
Price
Taxes
Year Built
Visits
Copyright © 2026 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 not guaranteed. Some or all of the listings displayed may not belong to the firm whose web site is being visited.
MLS United® - All information deemed reliable but not guaranteed. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
North Central West Virginia Real Estate Information; All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers
