Turnkey property exceeding the 1% rule! Very solid investment opportunity in 38128! This property features a 3 bed/1 bath with a 1-car garage which is rare for the location and drives tenant demand! Completely renovated in 2024 prior to tenant move-in! TENANT OCCUPIED, DO NOT DISTURB TENANT. Drive by ONLY! Property is rented for $1,150/month & the lease expires 1/1/2027. Section 8 tenant. Copy of the lease available upon request. No showings without an accepted contract. Make offers contingent on inspection. Listing photos & video taken after renovation in 2024. Don't miss this opportunity for a turnkey & cashflow heavy 1% rule property! Contact a local realtor and make your offer today! VIDEO AVAILABLE UPON REQUEST!
Pending
Price cut: $2.5K (5/7)
$112,500
3290 Valley Stream Cv, Memphis, TN 38128
3beds
900sqft
Single Family Residence
Built in 1971
7,840 Square Feet Lot
$-- Zestimate®
$125/sqft
$-- HOA
What's special
- 117 days |
- 73 |
- 3 |
Zillow last checked:
Listing updated:
Listed by:
Jordan A Ray,
eXp Realty, LLC 901-505-0756
Source: MAAR,MLS#: 10215787
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
Rooms
- Room types: Attic, Other (See Remarks)
Primary bedroom
- Features: Walk-In Closet(s)
- Level: First
- Dimensions: 0 x 0
Bedroom 2
- Level: First
- Dimensions: 0 x 0
Bedroom 3
- Level: First
- Dimensions: 0 x 0
Primary bathroom
- Features: Full Bath
Dining room
- Features: Separate Dining Room
- Dimensions: 0 x 0
Kitchen
- Features: Updated/Renovated Kitchen, Washer/Dryer Connections
- Dimensions: 0 x 0
Living room
- Features: Separate Living Room
- Dimensions: 0 x 0
Den
- Dimensions: 0 x 0
Heating
- Central
Cooling
- Ceiling Fan(s), Central Air
Appliances
- Included: Vent Hood/Exhaust Fan, Other (See REMARKS)
- Laundry: Laundry Room, Laundry Closet
Features
- All Bedrooms Down, Primary Down, Renovated Bathroom, Luxury Primary Bath, Full Bath Down, Other (See Remarks), Living Room, Dining Room, Kitchen, Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 1 Bath, Laundry Room, Other (See REMARKS), Square Feet Source: AutoFill (MAARdata) or Public Records (Cnty Assessor Site)
- Flooring: Vinyl
- Has fireplace: No
Interior area
- Total interior livable area: 900 sqft
Video & virtual tour
Property
Parking
- Total spaces: 1
- Parking features: Driveway/Pad, Garage Faces Front, Other (See REMARKS)
- Has garage: Yes
- Covered spaces: 1
- Has uncovered spaces: Yes
Features
- Stories: 1
- Exterior features: Sidewalks
- Pool features: None
- Fencing: Wood,Wood Fence
Lot
- Size: 7,840 Square Feet
- Dimensions: 62 x 130
- Features: Level, Landscaped
Details
- Parcel number: 090010 00064
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Single Family Residence
Materials
- Brick Veneer
- Foundation: Slab
- Roof: Composition Shingles
Condition
- New construction: No
- Year built: 1971
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available
Community & HOA
Community
- Security: Smoke Detector(s), Dead Bolt Lock(s), Iron Door(s)
- Subdivision: Spring Valley Blk A
Location
- Region: Memphis
Financial & listing details
- Price per square foot: $125/sqft
- Tax assessed value: $79,100
- Annual tax amount: $1,042
- Price range: $112.5K - $112.5K
- Date on market: 3/3/2026
- Cumulative days on market: 118 days
- Listing terms: Conventional,Other (See REMARKS)
Estimated market value
Not available
Estimated sales range
Not available
$1,066/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/2/2026 | Pending sale | $112,500$125/sqft |
Source: | ||
| 5/7/2026 | Price change | $112,500-2.2%$125/sqft |
Source: | ||
| 4/7/2026 | Price change | $115,000-4.2%$128/sqft |
Source: | ||
| 3/26/2026 | Listed for sale | $120,000$133/sqft |
Source: | ||
| 3/25/2026 | Pending sale | $120,000$133/sqft |
Source: | ||
| 3/3/2026 | Listed for sale | $120,000+60%$133/sqft |
Source: | ||
| 11/25/2024 | Listing removed | $1,095-8.4%$1/sqft |
Source: MAAR #10183907 Report a problem | ||
| 10/24/2024 | Listed for rent | $1,195+9.1%$1/sqft |
Source: MAAR #10183907 Report a problem | ||
| 10/22/2024 | Listing removed | $1,095$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 10/9/2024 | Price change | $1,095-4.8%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 9/26/2024 | Price change | $1,150-2.1%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 8/15/2024 | Listed for rent | $1,175$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 7/17/2024 | Sold | $75,000+33.9%$83/sqft |
Source: Public Record Report a problem | ||
| 7/15/2002 | Sold | $56,000+72.3%$62/sqft |
Source: Public Record Report a problem | ||
| 5/1/2001 | Sold | $32,510-48.2%$36/sqft |
Source: Public Record Report a problem | ||
| 10/27/2000 | Sold | $62,750$70/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,042 +13.7% | $19,775 +42% |
| 2024 | $917 +8.1% | $13,925 |
| 2023 | $848 | $13,925 |
| 2022 | -- | $13,925 |
| 2021 | -- | $13,925 +38.6% |
| 2020 | $321 | $10,050 |
| 2019 | $321 -21.1% | $10,050 |
| 2018 | $407 -45.1% | $10,050 |
| 2017 | $742 +123.8% | $10,050 +3.1% |
| 2016 | $332 -16.7% | $9,750 |
| 2014 | $398 | $9,750 |
| 2013 | -- | $9,750 -21.8% |
| 2012 | -- | $12,475 |
| 2011 | -- | $12,475 |
| 2010 | -- | $12,475 |
| 2009 | -- | $12,475 -4.6% |
| 2008 | -- | $13,075 |
| 2007 | -- | $13,075 |
| 2006 | -- | $13,075 |
| 2005 | -- | $13,075 +21.1% |
| 2004 | -- | $10,800 |
| 2003 | -- | $10,800 |
| 2002 | -- | $10,800 |
| 2001 | -- | $10,800 -0.2% |
| 2000 | -- | $10,825 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Climate risks
Neighborhood: Raleigh
Nearby schools
GreatSchools rating
- 4/10Keystone Elementary SchoolGrades: PK-5Distance: 0.5 mi
- 4/10Raleigh Egypt High SchoolGrades: 6-12Distance: 1.5 mi
A local agent can set up tours, give advice and negotiate with sellers.
- Tennessee
- Shelby County
- Memphis
- 38128
- Raleigh
- 3290 Valley Stream Cv
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