3741 FAXON AVE

Memphis, TN 38122
Beds
3
Baths
2
Square Ft.
1,024
$180,000
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, addingRead MoreRead Less
Courtesy of Jose Adan Leal Garcia, Fast Track Realty, LLC, 901-767-8770.
Listing Snapshot
Days Online
43
Last Updated
Property Type
Detached Single Family
Beds
3
Full Baths
2
Square Ft.
1,024
Lot Size
0.22 Acres
Year Built
1948
MLS Number
10215466
30 Days Snapshot Of 38122
$198k
+2%
(avg) sold price
20
+81%
homes sold
34
-53%
(avg) days on market
Snapshot
Area Map
Additional Details
Second Bedroom
BEDROOM 2 DESCRIPTION: Level 1, Shared Bath, Smooth Ceiling, Vinyl/Luxury Vinyl Floor
Third Bedroom
BEDROOM 3 DESCRIPTION: Level 1, Shared Bath, Smooth Ceiling, Vinyl/Luxury Vinyl Floor
Building
# of Stories: 1, DETACHED UNIT TYPE: General Residential, Square Feet: 1024, STYLE: Traditional, Year Built: 1948, 1ST STORY FLOOR PLAN: Living Room, Dining Room, Kitchen, Primary Bedroom,2nd Bedroom,1 Bath, Laundry Room, 2ND STORY FLOOR PLAN: 3rd Bedroom,1 Bath
Cooling
COOLING: Central
Exterior Features
EXTERIOR/WINDOWS: Brick Veneer, Vinyl Siding, Aluminum Window(s), MISC EXTERIOR: Porch, Sidewalks
Floors
FLOORS/CEILINGS: Part Carpet, Tile, Vinyl/Luxury Vinyl Floor, Smooth Ceiling, Other (See REMARKS)
Foundation
FOUNDATION: Conventional
Water Features
WATER & SEWER: Public Sewer, Public Water
Heating
HEATING: Central
Home Owner's Association
Neighborhood Association: None
Lot
Acreage: 0.22, LOT DESCRIPTION: Some Trees, Level, Landscaped, Chain Fenced, Lot Size: 50X200
Parking
Parking Display: N0, PARKING/STORAGE: Driveway/Pad
Property
Construction Status: Existing Property
Roof
ROOF: Composition Shingles
Taxes
Annual City Tax: $1,058, Annual County Tax: $1,103
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