Tenant-occupied 3BR/1BA in Frayser generating $1,100/mo — turnkey investment with a long-term tenant in place. Renovated before current tenant moved in; central heat & air. Immediate cash flow, no lease-up needed. No showings without an accepted offer. No seller or creative financing. Cash or conventional only.
For sale
$125,000
2175 Stephanie Ave, Memphis, TN 38127
3beds
989sqft
Single Family Residence
Built in 1960
6,780 Square Feet Lot
$-- Zestimate®
$126/sqft
$-- HOA
What's special
Central heat and air
- 57 days
- 29
- 3
Zillow last checked:
Listing updated:
Listed by:
Caleb Parr,
Renshaw Company, REALTORS 901-820-4367
Source: MAAR,MLS#: 10228416
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
Primary bedroom
- Width: 0
Dining room
- Width: 0
Living room
- Features: Separate Living Room
- Width: 0
Den
- Width: 0
Heating
- Central
Cooling
- Central Air
Features
- All Bedrooms Down, Square Feet Source: AutoFill (MAARdata) or Public Records (Cnty Assessor Site)
- Basement: Crawl Space
- Has fireplace: No
Interior area
- Total interior livable area: 989 sqft
Property
Parking
- Total spaces: 1
- Parking features: Driveway/Pad
- Covered spaces: 1
- Has uncovered spaces: Yes
Features
- Stories: 1
- Pool features: None
Lot
- Size: 6,780 Square Feet
- Dimensions: 60 x 113
- Features: Level
Details
- Parcel number: 072089 00005
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Single Family Residence
Materials
- Brick Veneer
- Roof: Composition Shingles
Condition
- New construction: No
- Year built: 1960
Community & HOA
Community
- Security: Wrought Iron Security Drs
- Subdivision: Westwood Manor S/d Of Pt Ardmore Farm
Location
- Region: Memphis
Financial & listing details
- Price per square foot: $126/sqft
- Tax assessed value: $73,300
- Annual tax amount: $966
- Price range: $125K - $125K
- Date on market: 8/14/2026
Estimated market value
Not available
Estimated sales range
Not available
$1,044/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/14/2026 | Listed for sale | $125,000+121.2%$126/sqft |
Source:  MAAR #10228416 Report a problem | ||
| 1/14/2005 | Sold | $56,500$57/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $966 +5.9% | $18,325 +32.3% |
| 2024 | $912 +8.1% | $13,850 |
| 2023 | $844 | $13,850 |
| 2022 | -- | $13,850 |
| 2021 | -- | $13,850 +34.5% |
| 2020 | $329 | $10,300 |
| 2019 | $329 -21.1% | $10,300 |
| 2018 | $417 -45.1% | $10,300 |
| 2017 | $760 +123.1% | $10,300 +2.7% |
| 2016 | $341 +0.4% | $10,025 |
| 2014 | $340 | $10,025 |
| 2013 | -- | $10,025 -5.9% |
| 2012 | -- | $10,650 |
| 2011 | -- | $10,650 |
| 2010 | -- | $10,650 |
| 2009 | -- | $10,650 -23.7% |
| 2008 | -- | $13,950 |
| 2007 | -- | $13,950 |
| 2006 | -- | $13,950 |
| 2005 | -- | $13,950 +12.7% |
| 2004 | -- | $12,375 |
| 2003 | -- | $12,375 |
| 2002 | -- | $12,375 +8.3% |
| 2001 | -- | $11,425 +12.3% |
| 2000 | -- | $10,175 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Shelby Forest-Frayser
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