Turnkey investment opportunity! This newly built single-family home at 3215 Lyndale Ave in Memphis, TN offers approximately 1,300 SF, 4 bedrooms, and 2 bathrooms, currently leased and cash-flowing from day one. Built within the last three years, it features modern, energy-efficient construction and updated finishes, keeping capital expenditures minimal. Located in a convenient Memphis area with easy access to shopping, dining, and major roadways. This home is part of a stabilized, 100%-occupied four-home new-construction rental portfolio—ideal for investors seeking consistent income, portfolio diversification, or a 1031 exchange opportunity. Low-maintenance, high-efficiency, and ready to perform. Schedule your showing today! HOME DOES NOT COME WITH APPLIANCES
For sale
$215,000
3215 Lyndale Ave, Memphis, TN 38112
4beds
1,300sqft
Single Family Residence
Built in 2025
7,405 Square Feet Lot
$-- Zestimate®
$165/sqft
$-- HOA
What's special
Updated finishesModern energy-efficient construction
- 31 days
- 184
- 11
Zillow last checked:
Listing updated:
Listed by:
Jerry L Harris,
TRG Real Estate Services, LLC 901-870-1224
Source: MAAR,MLS#: 10227247
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Primary bedroom
- Area: 143
- Dimensions: 11 x 13
Dining room
- Width: 0
Living room
- Features: Separate Living Room
- Area: 121
- Dimensions: 11 x 11
Den
- Width: 0
Heating
- Electric
Cooling
- Central Air
Features
- All Bedrooms Down, Square Feet Source: Floor Plans (Builder/Architecture)
- Flooring: Concrete
- Has fireplace: No
Interior area
- Total interior livable area: 1,300 sqft
Property
Parking
- Parking features: Driveway/Pad
- Has uncovered spaces: Yes
Features
- Stories: 1
- Patio & porch: Porch
- Pool features: None
Lot
- Size: 7,405 Square Feet
- Dimensions: 50 x 150
- Features: Wooded
Details
- Parcel number: 038008 00011
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Single Family Residence
Materials
- Wood/Composition
Condition
- New construction: No
- Year built: 2025
Community & HOA
Community
- Subdivision: Manhattan
Location
- Region: Memphis
Financial & listing details
- Price per square foot: $165/sqft
- Tax assessed value: $9,000
- Annual tax amount: $119
- Price range: $215K - $215K
- Date on market: 7/30/2026
- Cumulative days on market: 32 days
Estimated market value
Not available
Estimated sales range
Not available
$1,716/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/30/2026 | Listed for sale | $215,000-10%$165/sqft |
Source: | ||
| 2/13/2026 | Listing removed | $1,700$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 12/2/2025 | Listed for rent | $1,700$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 10/24/2025 | Listing removed | $239,000$184/sqft |
Source: | ||
| 9/30/2025 | Price change | $239,000+22.6%$184/sqft |
Source: | ||
| 9/16/2025 | Listed for sale | $195,000+954.1%$150/sqft |
Source: | ||
| 4/2/2009 | Listing removed | $18,500$14/sqft |
Source: Prudential Real Estate #3166895 Report a problem | ||
| 3/24/2009 | Listed for sale | $18,500$14/sqft |
Source: Prudential Real Estate #3166895 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $119 | $2,250 |
| 2024 | -- | -- |
| 2023 | -- | -- |
| 2022 | -- | $1,125 |
| 2021 | -- | $1,125 |
| 2020 | $36 | $1,125 |
| 2019 | $36 -21.1% | $1,125 |
| 2018 | $46 -45.1% | $1,125 |
| 2017 | $83 +117% | $1,125 |
| 2016 | $38 -80.6% | $1,125 -78.4% |
| 2014 | $198 | $5,200 |
| 2013 | -- | $5,200 -16.1% |
| 2012 | -- | $6,200 |
| 2011 | -- | $6,200 |
| 2010 | -- | $6,200 |
| 2009 | -- | $6,200 -11.1% |
| 2008 | -- | $6,975 |
| 2007 | -- | $6,975 |
| 2006 | -- | $6,975 |
| 2005 | -- | $6,975 -8.5% |
| 2004 | -- | $7,625 |
| 2003 | -- | $7,625 |
| 2002 | -- | $7,625 |
| 2001 | -- | $7,625 -11.6% |
| 2000 | -- | $8,625 |
Find assessor info on the county website
Monthly payment
Est. payment




