MOVE-IN BONUS: 50% OFF the first month's rent for a lease signed by the end of July! Inquire to learn more :)
This is a great opportunity for someone looking for a budget-friendly rental or a rent-to-own option with future potential. The home is currently livable and rent-ready work is scheduled to begin shortly. It's a solid space with room for improvementperfect for someone who doesn't mind a home that's a bit rough around the edges.
Whether you're handy and want to customize over time, or simply need an affordable place to settle into now, this property offers flexibility and value.
Key Details:
Condition: Livable as-is, with cosmetic and functional upgrades starting soon.
Rent-to-Own Option: Lease now with the option to purchase at the end of your term.
Traditional Rental Option: Prefer to rent only? Standard lease terms are also available.
Deposit: $2,500 total $1,500 non-refundable; $1,000 refundable if the property is returned in good condition.
Income Requirement: Minimum monthly household income of $5,000.
Repairs & Maintenance: Tenant is responsible for maintenance and minor repairs during the lease term.
This is a great option for someone who values flexibility and is open to a work-in-progress home. Reach out today to book a viewing or learn more about how rent-to-own could work for you.
House for rent
$1,050/moFees may apply
3476 Obion Dr, Memphis, TN 38127
3beds
956sqft
Price may not include required fees and charges. Price shown reflects the lease term provided. Learn more|
Single family residence
Available now
Cats, dogs OK
What's special
- 37 days |
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Zillow last checked:
Listing updated:
Travel times

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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
Interior area
- Total interior livable area: 956 sqft
Property
Parking
- Details: Contact manager
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Condition
- Year built: 1955
Community & HOA
Community
- Features: Smoke Free
Location
- Region: Memphis
Financial & listing details
- Lease term: 1 Year
Price history
| Date | Event | Price |
|---|---|---|
| 6/15/2026 | Listed for rent | $1,050+16.7%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 3/13/2026 | Listing removed | $98,000$103/sqft |
Source: | ||
| 2/4/2026 | Price change | $98,000-9.3%$103/sqft |
Source: | ||
| 1/11/2026 | Listed for sale | $108,000$113/sqft |
Source: | ||
| 10/21/2025 | Listing removed | $900$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 9/17/2025 | Listed for rent | $900-10%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 8/28/2025 | Listing removed | $1,000$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 7/30/2025 | Price change | $1,000+17.6%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 6/26/2025 | Price change | $850-22.4%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 5/14/2025 | Listed for rent | $1,095$1/sqft |
Source: Zillow Rentals Report a problem | ||
Neighborhood: Shelby Forest-Frayser
Nearby schools
GreatSchools rating
- 4/10Frayser-Corning ElementaryGrades: PK-5Distance: 0.6 mi
- 4/10Grandview Heights MiddleGrades: 6-8Distance: 1.9 mi
- 3/10Trezevant High SchoolGrades: 9-12Distance: 2.2 mi







