Address
3123 Danville Rd, Memphis, TN
Price
$ 150,000
Property Attributes
- MLS#10228622
- TypeSingle Family
- Listing Status Active
- CountySHELBY
- CityMemphis
- AreaParkway Village
- NeighborhoodWinchester Heights 3rd Add
- Zip38118
- StyleTraditional
- Year Built1960
- Taxes$ 1439
- Price$ 150,000
- Bedrooms4
- Full Bathrooms1
- Half Bathrooms1
- Sqr Footage1445
Data Source:
Memphis MLS (MAAR)
Property Description
3123 Danville Rd, Memphis, TN — Turnkey Investment Property, Cash-Flowing Now Ready-to-own investment opportunity in Memphis! This brick, low-maintenance home is currently occupied by a long-term, reliable tenant paying $1,000/month, offering immediate cash flow from day one. Durable brick exterior means less upkeep and lower long-term maintenance costs, while central heat and air adds year-round comfort and tenant appeal. Ideal for buy-and-hold investors looking to add a stable, income-producing asset to their portfolio without any vacancy downtime. Property Highlights: Long-term tenant in place at $1,000/month Brick exterior — low maintenance Central heat and air Immediate rental income for investment buyers Cash or conventional financing only — no seller or creative financing available. Due to the occupied status, no showings will be conducted without an accepted offer. Buyers should submit offers based on provided property details, comps, and exterior/drive-by only.
| Price History | |
|---|---|
| 8/18/2026 | Listed $150,000 |
General Features
| Heating | Central |
|---|---|
| Cooling | Central |
| Roof | Composition Shingles |
| Status | Active |
| Full Baths | 1 |
| Half Baths | 1 |
| Legal Subdivision Name | Winchester Heights 3rd Addn |
| Style | Traditional |
| Stories Count | 1 |
| County | Shelby |
| Class | Residential |
| Type | Detached Single Family |
| Condo | No |
| Area | 772. |
| Parcel Number | 073058 00015 |
| Status | Active |
| Annual City Tax | 705 |
| Annual County Tax | 734 |
| Sale/Rent | For Sale |
| Area | Parkway Village |
| Service Type | Full Service Listing |
| Neighborhood Association | None |
| Year Built | 1960 |
| Directions | From Downtown Memphis,take I-240 East to Airways Blvd. Turn right onto Airways Blvd,then turn left onto Knight Arnold Rd. Turn right onto Danville Rd and continue to 3123 Danville Rd,Memphis,TN 38118 |
| City | Memphis |
| DOM | 30 |
Interior Features
| Living Room | Separate Living Room |
|---|---|
| Beds | 4 |
| Total Baths | 1.1 |
| Number of Rooms | 5 |
| FLOORS/CEILINGS | Part Hardwood |
Exterior Features
| Foundation | Conventional |
|---|---|
| Pool | None |
| Lot Size | 62X130 |
| Parking Display | C1A |
| Lot Description | Level |
| # Covered Parking Spaces | 1 |
| PARKING/STORAGE | Driveway/Pad |
| EXTERIOR/WINDOWS | Brick Veneer |
| Misc. Exterior | Wrought Iron Security Drs |
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 38118
Price
Taxes
Year Built
Visits
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