For sale

$124,900

3302 N Watkins St, Memphis, TN 38127

3beds

971sqft

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Single Family Residence

Built in 1954

10,018 Square Feet Lot

$120,400 Zestimate^®

$129/sqft

$-- HOA

What's special

Fantastic investment opportunity in the Shelby area. This 3br/1 bath single-family home is in the 38127 area. Cash flowing with a monthly rental amount of $1005/month. The lease ends on 4/30/2027. No showings without an accepted offer. No wholesaler offers or offers with assignment of contract language will be accepted.

81 days

17

0

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Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 1
Full bathrooms: 1

Primary bedroom

Dimensions: 0 x 0

Dining room

Dimensions: 0 x 0

Living room

Dimensions: 0 x 0

Den

Dimensions: 0 x 0

Heating

Other (See REMARKS)

Cooling

Other (See REMARKS)

Features

Other (See Remarks), Square Feet Source: AutoFill (MAARdata) or Public Records (Cnty Assessor Site)
Has fireplace: No

Interior area

Total interior livable area: 971 sqft

Property

Parking

Parking features: Other (See REMARKS)

Features

Stories: 1
Exterior features: Other (See REMARKS)
Pool features: None

Lot

Size: 10,018 Square Feet
Dimensions: 80 x 129
Features: Other (See Remarks)

Details

Parcel number: 072016 00016

Construction

Type & style

Home type: SingleFamily
Architectural style: Other (See Remarks)
Property subtype: Single Family Residence

Condition

New construction: No
Year built: 1954

Community & HOA

Community

Subdivision: Frayser Hills

Location

Region: Memphis

Financial & listing details

Price per square foot: $129/sqft
Tax assessed value: $72,400
Annual tax amount: $954
Price range: $124.9K - $124.9K
Date on market: 4/10/2026
Cumulative days on market: 82 days

Estimated market value

$120,400

$114,000 - $126,000

$1,155/mo

Price history

Date	Event	Price
4/10/2026	Listed for sale	$124,900+2.4%$129/sqft
Source: MAAR #10219006 Report a problem
1/2/2024	Listing removed	--
Source: Zillow Rentals Report a problem
12/9/2023	Price change	$950-9.5%$1/sqft
Source: Zillow Rentals Report a problem
11/27/2023	Sold	$122,000+121.8%$126/sqft
Source: Public Record Report a problem
8/8/2023	Listed for rent	$1,050$1/sqft
Source: Zillow Rentals Report a problem
7/11/2023	Sold	$55,000+57.1%$57/sqft
Source: Public Record Report a problem
3/10/1998	Sold	$35,000$36/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$954 +11%	$18,100 +38.7%
2024	$859 +8.1%	$13,050
2023	$795	$13,050
2022	--	$13,050
2021	--	$13,050 +27.6%
2020	$327	$10,225
2019	$327 -21.1%	$10,225
2018	$414 -45.1%	$10,225
2017	$755 +108.4%	$10,225 -4%
2016	$362 -9.3%	$10,650
2014	$399	$10,650
2013	--	$10,650 -15%
2012	--	$12,525
2011	--	$12,525
2010	--	$12,525
2009	--	$12,525 -4.8%
2008	--	$13,150
2007	--	$13,150
2006	--	$13,150
2005	--	$13,150 +22.3%
2004	--	$10,750
2003	--	$10,750
2002	--	$10,750
2001	--	$10,750 +0.5%
2000	--	$10,700

Find assessor info on the county website

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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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