Closed

$34,000

3394 Buchanan Ave, Memphis, TN 38122

3beds

1,241sqft

Single Family Residence, Residential

Built in 1946

6,534 Square Feet Lot

$-- Zestimate^®

$27/sqft

$1,340 Estimated rent

Home value

Not available

Estimated sales range

Not available

$1,340/mo

Zestimate^® history

Owner options

List your home for rent

$1,340/mo

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$1,340/mo

Rent Zestimate^®

Refinance and save

$171/mo

Est. payment

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$171/mo

Est. payment

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What's special

Investor opportunity in Memphis! This property is being offered at the same price the current owner purchased it at tax sale, creating an exceptional value for buyers looking to renovate and add to a cash-flowing rental portfolio. Located on a solid street with strong rental potential, the home requires a full renovation and is priced accordingly. With the right vision and improvements, this property can become a performing long-term rental or resale project. Sold strictly as-is. Firm price. Ideal for experienced investors seeking their next value-add opportunity in a growing Memphis market.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2
Full bathrooms: 2

Heating

Other

Cooling

Other

Features

Flooring: Wood, Tile

Interior area

Total structure area: 1,241
Total interior livable area: 1,241 sqft

Property

Parking

Total spaces: 1
Parking features: Attached, Parking Pad
Carport spaces: 1
Has uncovered spaces: Yes

Features

Levels: Three Or More
Stories: 1
Patio & porch: Patio

Lot

Size: 6,534 Square Feet
Dimensions: 60 x 110

Details

Parcel number: 043057 00023
Special conditions: Standard

Construction

Type & style

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

Condition

New construction: No
Year built: 1946

Community & HOA

Community

Subdivision: Farmville Heights Addition

HOA

Has HOA: No

Location

Region: Memphis

Financial & listing details

Price per square foot: $27/sqft
Tax assessed value: $55,600
Annual tax amount: $733
Date on market: 2/11/2026

Price history

Date	Event	Price
5/20/2026	Sold	$34,000$27/sqft
Source: RealTracs MLS as distributed by MLS GRID #3221577 Report a problem
2/18/2026	Pending sale	$34,000$27/sqft
Source: MAAR #10214429 Report a problem
2/12/2026	Listed for sale	$34,000-40.7%$27/sqft
Source: MAAR #10214429 Report a problem
10/13/2003	Sold	$57,300$46/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$733 +16.2%	$13,900 +45.2%
2024	$631 +8.1%	$9,575
2023	$583	$9,575
2022	--	$9,575
2021	--	$9,575 +22%
2020	$251	$7,850
2019	$251 -21.1%	$7,850
2018	$318 -45.1%	$7,850
2017	$579 +125%	$7,850 +3.6%
2016	$258 -12.5%	$7,575
2014	$294	$7,575
2013	--	$7,575 -17.9%
2012	--	$9,225
2011	--	$9,225 +11.8%
2010	--	$8,250
2009	--	$8,250 -14.1%
2008	--	$9,600
2007	--	$9,600
2006	--	$9,600
2005	--	$9,600 +1.1%
2004	--	$9,500
2003	--	$9,500
2002	--	$9,500
2001	--	$9,500 -17.2%
2000	--	$11,475