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Off market
  • $75,100

    3538 Steele St, Memphis, TN 38127

    3beds
    1,064sqft
    Single Family Residence
    Built in ----
    -- sqft lot
    $75,100 Zestimate®
    $71/sqft
    $1,030 Estimated rent

    Home value

    $75,100

    $60,000 - $91,000

    $1,030/mo

    Zestimate® history
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    $1,030/mo

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    $1,030/mo

    Rent Zestimate®

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    $378/mo

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    $378/mo

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    What's special

    Refinished hardwood floorsUpdated bathroomsFully fenced backyardCovered carport

    Step into this charming, newly renovated 3-bedroom, 1.5-bathroom home in Frayser. The house features beautifully refinished hardwood floors that flow throughout and updated bathrooms for a fresh, modern feel. Enjoy the convenience of a covered carport and a fully fenced backyard, perfect for outdoor activities or for pets to roam freely. A new central HVAC system will be installed before you move in, ensuring comfort year-round. If on a voucher program, we do not require you to make 3 X's the monthly rental income. We will ensure you make income to cover your vouchered portion of the rent. If your voucher shopping range covers the rental amount with leeway but your an RTA has less bedrooms than our property, as long as there is room on your voucher closer to the bottom shopping range there is a possibility we could place you in a higher bedroom count home. PLEASE CALL OUR OFFICE FOR INFORMATION PRIOR TO APPLYING We encourage you to view this property prior to applying. Looking for the perfect rental property? Let Advantage Property Management welcome you home. We have proudly earned our A+ rating with the BBB due to our exceptional customer service, thorough communication and prioritization of our clients. We, too, live and work in Memphis and understand the value of locally owned business. We are proud to be a family owned and operated company that has served our great city for over 15 years and would love to offer our exceptional customer service to you as well. Come experience the Advantage Way. Welcome home. We are proud to offer: 24/7 Maintenance Team: Reporting maintenance issues has never been easier whether it's online or by phone. After hours issues? No problem! Our dedicated staff work diligently to provide fast service when you need us most. 100% Vetted Vendor Network: We work hard to build long-term relationships with our vendors. Each vendor is screened thoroughly to ensure that everyone servicing your home is reliable, professional, and insured. Online Tenant Portal: Everything you need to take care of business in one place! Rent payments, maintenance requests, contact forms and more can be accessed directly through your online portal. Rental Requirements: -Must make 3 times the rent, and must provide 3 most recent paystubs as proof of income (if moving from out of state, you must show an offer letter of employment) -Must be in good standing with MLGW (provide a recent MLGW bill within the last 30 days) -Provide 3 consecutive bank statements. (Screenshots will not be accepted, statements must be downloaded in full and include all pages from the E-statement. All pages MUST be included.) -Preferred to have one year or more rental history (must upload a copy of a recent tenant ledger) -Preferred to have one year or more with current employer -No prior evictions within the last 5 years (includes rental collections that have been paid and dismissed), no felonies, and no Chapter 7 bankruptcy. (Chapter 13 is a case-by-case situation.) Please note that failure to supply all necessary documents at time of submission will result in automatic cancellation/denial of your application and no refund of the application fee will be given. Providing false and/or misleading information is grounds for termination of application and complete forfeiture of application fee. Please note that the home will be rented in as-is condition.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Zillow last checked:

    Listing updated:

    Source: Zillow Rentals

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 1
    • 1/2 bathrooms: 1
    Interior area
    • Total interior livable area: 1,064 sqft

    Property

    Parking
    • Details: Contact manager
    Details
    • Parcel number: 07005100025

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence

    Community & neighborhood

    Location
    • Region: Memphis

    HOA & financial

    Other fees
    • Deposit fee: $1,095

    Other

    Other facts
    • Available date: 09/08/2025

    Price history

    DateEventPrice
    9/27/2025Listing removed$1,095$1/sqft
    Source: Zillow Rentals Report a problem
    9/9/2025Listed for rent$1,095+56.4%$1/sqft
    Source: Zillow Rentals Report a problem
    5/21/2021Sold$53,500-23.6%$50/sqft
    Source: MAAR #10097448 Report a problem
    5/4/2021Pending sale$70,000$66/sqft
    Source: MAAR #10097448 Report a problem
    5/3/2021Listed for sale$70,000$66/sqft
    Source: MAAR #10097448 Report a problem
    4/21/2021Pending sale$70,000$66/sqft
    Source: MAAR #10097448 Report a problem
    4/19/2021Listed for sale$70,000+115.4%$66/sqft
    Source: MAAR #10097448 Report a problem
    10/29/2019Listing removed$32,500$31/sqft
    Source: Crye-Leike, Inc., REALTORS #10063288 Report a problem
    10/3/2019Listed for sale$32,500-4.4%$31/sqft
    Source: Crye-Leike, Inc., REALTORS #10063288 Report a problem
    12/13/2018Sold$34,000-9.3%$32/sqft
    Source: MAAR #10039899 Report a problem
    11/1/2018Listed for sale$37,500-16.7%$35/sqft
    Source: KAIZEN Realty, LLC #10039899 Report a problem
    10/24/2017Listing removed$700$1/sqft
    Source: Owner Report a problem
    9/24/2017Listed for rent$700$1/sqft
    Source: Owner Report a problem
    1/2/2012Listing removed$45,000$42/sqft
    Source: Keller Williams Realty #3219700 Report a problem
    3/21/2011Listed for sale$45,000$42/sqft
    Source: Mem1, LLC dba Keller Williams Realty #3219700 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$994 +22.7%$18,850 +53.3%
    2024$810 +8.1%$12,300
    2023$749 $12,300
    2022-- $12,300
    2021-- $12,300 +36.3%
    2020$288 $9,025
    2019$288 -21.1%$9,025
    2018$366 -45.1%$9,025
    2017$666 +123.3%$9,025 +2.8%
    2016$298 -20.4%$8,775
    2014$375 $8,775
    2013-- $8,775 -25.3%
    2012-- $11,750
    2011-- $11,750
    2010-- $11,750
    2009-- $11,750 -13.6%
    2008-- $13,600
    2007-- $13,600
    2006-- $13,600
    2005-- $13,600 +16.5%
    2004-- $11,675
    2003-- $11,675
    2002-- $11,675
    2001-- $11,675 +6.6%
    2000-- $10,950

    Find assessor info on the county website

    Neighborhood: Shelby Forest-Frayser

    Nearby schools

    GreatSchools rating
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