Skip main navigation
Off market
  • $85,200

    3588 Terrace Dr, Memphis, TN 38127

    3beds
    1,200sqft
    Single Family Residence
    Built in ----
    -- sqft lot
    $85,200 Zestimate®
    $71/sqft
    $1,089 Estimated rent

    Home value

    $85,200

    $69,000 - $101,000

    $1,089/mo

    Zestimate® history
    Loading
    Loading...

    Owner options

    List your home for rent

    $1,089/mo

    Rent Zestimate®

    Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.

    Learn more

    $1,089/mo

    Rent Zestimate®

    Refinance and save

    $428/mo

    Est. payment

    Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.

    See today's rates

    $428/mo

    Est. payment

    Explore your selling options

    Work with a Zillow partner agent

    Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.

    Get started

    List with your own agent

    Get your home in front of millions of buyers by listing it on Zillow.

    Learn how to do it

    Sell it yourself

    Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).

    List your home

    What's special

    Off-street parkingDurable flooringWasher and dryer hookupsNeutral finishesCentral air and heating

    Spacious 3-bedroom, 1-bath home offering 1,200 square feet of comfortable living space in the established Frayser neighborhood of Memphis, Tennessee. Located at 3588 Terrace, this property provides a generous layout and convenient access to parks, museums, and riverfront attractions. Frayser is known for its residential charm and community feel, making it a practical and appealing choice for renters seeking both value and accessibility in Memphis, Tennessee. Inside, the home features durable flooring and neutral finishes that create a clean, move-in-ready environment. Central air and heating ensure year-round comfort, while large windows allow natural light to brighten the living spaces throughout the day. The kitchen offers ample cabinet storage and counter space to support everyday cooking and organization. Washer and dryer hookups add the convenience of in-home laundry, and off-street parking provides easy access for residents and guests. The yard offers additional outdoor space, ideal for relaxing afternoons or casual gatherings. The floor plan makes excellent use of the 1,200 square footage, with a spacious living room that flows naturally into the dining area for an open-concept feel. Each of the three bedrooms offers comfortable proportions, allowing flexibility for a primary suite, guest room, or home office. The centrally located bathroom is easily accessible from both common areas and bedrooms, enhancing everyday functionality. Thoughtful design and well-proportioned rooms set this Frayser home apart from smaller rental options in the area. Living in Frayser places you within easy reach of some of Memphis, Tennessee's most engaging attractions. Explore local history at the Fire Museum of Memphis or the Slave Haven Underground Railroad Museum, or enjoy outdoor recreation at Mud Island River Park along the Mississippi River. The neighborhood offers convenient access to major roadways, shopping, and dining, making commuting throughout Memphis, Tennessee straightforward while still enjoying the neighborhood atmosphere Frayser provides. This pet-friendly home welcomes cats and dogs with a $250 deposit; breed restrictions apply. Available now at $975/month, this Frayser rental offers generous square footage, practical amenities, and a convenient Memphis, Tennessee location at an exceptional value. Professionally managed by Mid South Best Rentals. Our focus is connection-driven service. That means putting people first, providing responsive maintenance, and delivering high-quality work. Thousands of residents trust MSBR to deliver quality housing and reliable service. One year lease term. FREE Application! Pet Friendly!

    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: 1
    • Full bathrooms: 1
    Cooling
    • Central Air
    Appliances
    • Included: WD Hookup
    • Laundry: Hookups
    Features
    • WD Hookup
    • Flooring: Carpet
    Interior area
    • Total interior livable area: 1,200 sqft

    Property

    Parking
    • Parking features: Off Street
    • Details: Contact manager
    Details
    • Parcel number: 06906500037

    Construction

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

    Community & neighborhood

    Location
    • Region: Memphis

    HOA & financial

    Other fees
    • Deposit fee: $685

    Other

    Other facts
    • Available date: 02/20/2026

    Price history

    DateEventPrice
    3/10/2026Listing removed$975$1/sqft
    Source: Zillow Rentals Report a problem
    2/20/2026Listed for rent$975$1/sqft
    Source: Zillow Rentals Report a problem
    2/20/2026Listing removed$975$1/sqft
    Source: Zillow Rentals Report a problem
    12/26/2025Listed for rent$975+95%$1/sqft
    Source: Zillow Rentals Report a problem
    9/21/2018Sold$70,000+366.7%$58/sqft
    Source: Public Record Report a problem
    6/27/2018Sold$15,000+275%$13/sqft
    Source: Public Record Report a problem
    11/21/2017Sold$4,000-87.5%$3/sqft
    Source: Public Record Report a problem
    3/13/2017Listing removed$500
    Source: Bluff City Properties Report a problem
    2/21/2017Listed for rent$500-9.1%
    Source: Bluff City Properties Report a problem
    8/10/2015Listing removed$550
    Source: Bluff City Properties Report a problem
    6/23/2015Listed for rent$550
    Source: Bluff City Properties Report a problem
    11/21/2006Sold$32,100$27/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$1,227 +10.4%$23,275 +37.9%
    2024$1,111 +8.1%$16,875
    2023$1,028 $16,875
    2022-- $16,875
    2021-- $16,875 -1.6%
    2020$548 $17,150
    2019$548 +102.7%$17,150 +156.9%
    2018$270 -45.1%$6,675
    2017$493 +102%$6,675 -7%
    2016$244 -13.3%$7,175
    2014$281 $7,175
    2013-- $7,175 -18.7%
    2012-- $8,825
    2011-- $8,825
    2010-- $8,825
    2009-- $8,825 -4.6%
    2008-- $9,250
    2007-- $9,250
    2006-- $9,250
    2005-- $9,250 -4.6%
    2004-- $9,700
    2003-- $9,700
    2002-- $9,700
    2001-- $9,700 +2.1%
    2000-- $9,500

    Find assessor info on the county website

    Neighborhood: Shelby Forest-Frayser

    Nearby schools

    GreatSchools rating
    Get pre-qualified for a loan
    At Zillow Home Loans, we can pre-qualify you in as little as 5 minutes with no impact to your credit score.

    An equal housing lender. NMLS #10287.