For sale

$215,000

3377 Lamphier Ave, Memphis, TN 38122

4beds

1,300sqft

$1,451/mo

Get pre-qualified

Single Family Residence

Built in 2023

6,534 Square Feet Lot

$209,500 Zestimate^®

$165/sqft

$-- HOA

What's special

Energy-efficient construction

Turnkey Memphis Rental Portfolio! 4 newly built (within 3 yrs) single-family homes, ~1,300 SF, 4BR/2BA each, 100% occupied and cash-flowing now. Current gross income $74,160/yr, projected $85,972 by Yr 5. Combined appraised value $862K. Energy-efficient construction, minimal CapEx, consistent floor plans across all four homes. Ideal for investors seeking stabilized cash flow, a 1031 exchange, or a low-maintenance addition to their portfolio. Schedule your private showing today! Want me to tune either one toward a specific keyword focus (e.g. "Memphis turnkey rental portfolio," "new construction investment property," "1031 exchange Memphis")? HOME COME WITH NO APPLIANCES

35 days
227
12

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 2
Full bathrooms: 2

Primary bedroom

Area: 121
Dimensions: 11 x 11

Dining room

Width: 0

Living room

Features: Separate Den
Area: 110
Dimensions: 11 x 10

Den

Width: 0

Heating

Central, 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: 6,534 Square Feet
Dimensions: 50 x 136
Features: Level

Details

Parcel number: 038029 00042

Construction

Type & style

Home type: SingleFamily
Architectural style: Traditional
Property subtype: Single Family Residence

Materials

Wood/Composition

Condition

New construction: No
Year built: 2023

Community & HOA

Community

Subdivision: Highland Heights Blk 8

Location

Region: Memphis

Financial & listing details

Price per square foot: $165/sqft
Annual tax amount: $2,480
Price range: $215K - $215K
Date on market: 7/30/2026
Cumulative days on market: 37 days

Estimated market value

$209,500

$199,000 - $220,000

$1,621/mo

Price history

Date	Event	Price
7/30/2026	Listed for sale	$215,000+10.3%$165/sqft
Source: MAAR #10227250 Report a problem
5/14/2025	Listing removed	$195,000$150/sqft
Source: MAAR #10188692 Report a problem
1/24/2025	Listed for sale	$195,000-11%$150/sqft
Source: MAAR #10188692 Report a problem
12/29/2023	Listing removed	--
Source: MAAR #10161004 Report a problem
11/15/2023	Listed for sale	$219,000+2090%$168/sqft
Source: MAAR #10161004 Report a problem
1/20/2021	Listing removed	--
Source: MAAR Report a problem
1/17/2021	Listed for sale	$10,000+44.9%$8/sqft
Source: MAAR #10091910 Report a problem
12/27/2020	Listing removed	--
Source: Owner Report a problem
11/24/2020	Price change	$6,900-13.8%$5/sqft
Source: Owner Report a problem
11/9/2020	Listed for sale	$8,000$6/sqft
Source: Owner Report a problem