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For sale
    • $180,000

    3741 Faxon Ave, Memphis, TN 38122

    3beds
    1,024sqft
    : 
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    Single Family Residence
    Built in 1948
    9,583 Square Feet Lot
    $170,600 Zestimate®
    $176/sqft
    $-- HOA

    What's special

    Turnkey investment opportunity in the heart of Memphis. This renovated 3 bedroom 2 bathroom property at 3741 Faxon Ave is tenant occupied and currently leased at $1,445 per month through 01-01-2028, providing strong and stable cash flow from day one. The tenant has a $1,445 security deposit in place, adding an extra layer of protection for the new owner. This is a great option for investors looking to expand their portfolio with secured income already in place for the next several years. Located in a convenient area with easy access to major roads, shopping, and local amenities. Interior pictures are available upon request. Do not disturb tenant.
    137 days
    |
    50
    |
    2
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Jose Adan Leal Garcia,

    Fast Track Realty, LLC 901-767-8770,

    Mark Nichols,

    Fast Track Realty, LLC

    Source: MAAR,MLS#: 10215466MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 2
      • Full bathrooms: 2
      Primary bedroom
      • Features: Smooth Ceiling, Tile Floor, Carpet
      • Level: First,Second
      • Dimensions: 0 x 0
      Bedroom 2
      • Features: Shared Bath, Smooth Ceiling
      • Level: First
      Bedroom 3
      • Features: Shared Bath, Smooth Ceiling
      • Level: First
      Primary bathroom
      • Features: Smooth Ceiling, Tile Floor, Full Bath
      Dining room
      • Features: Separate Dining Room
      • Dimensions: 0 x 0
      Kitchen
      • Features: Updated/Renovated Kitchen
      Living room
      • Features: Separate Living Room
      • Dimensions: 0 x 0
      Den
      • Dimensions: 0 x 0
      Heating
      • Central
      Cooling
      • Central Air
      Appliances
      • Laundry: Laundry Room
      Features
      • 1 or More BR Down, Primary Down, Two Primaries, Split Bedroom Plan, Renovated Bathroom, Luxury Primary Bath, Full Bath Down, Smooth Ceiling, Living Room, Dining Room, Kitchen, Primary Bedroom, 2nd Bedroom, 1 Bath, Laundry Room, 3rd Bedroom, 1 Bath, Square Feet Source: AutoFill (MAARdata) or Public Records (Cnty Assessor Site)
      • Flooring: Part Carpet, Tile, Vinyl
      • Windows: Aluminum Frames
      • Basement: Crawl Space
      • Has fireplace: No
      Interior area
      • Total interior livable area: 1,024 sqft

      Property

      Parking
      • Parking features: Driveway/Pad
      • Has uncovered spaces: Yes
      Features
      • Stories: 1
      • Patio & porch: Porch
      • Exterior features: Sidewalks
      • Pool features: None
      • Fencing: Chain Link
      Lot
      • Size: 9,583 Square Feet
      • Dimensions: 50 x 200
      • Features: Some Trees, Level, Landscaped
      Details
      • Parcel number: 038079 00013

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Traditional
      • Property subtype: Single Family Residence
      Materials
      • Brick Veneer, Vinyl Siding
      • Roof: Composition Shingles
      Condition
      • New construction: No
      • Year built: 1948

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Subdivision: T A Lambss
      Location
      • Region: Memphis

      Financial & listing details

      • Price per square foot: $176/sqft
      • Tax assessed value: $164,000
      • Annual tax amount: $2,161
      • Price range: $180K - $180K
      • Date on market: 2/26/2026
      • Cumulative days on market: 138 days

        Estimated market value

        $170,600

        $162,000 - $179,000

        $1,217/mo

        Price history

        DateEventPrice
        3/29/2026Price change$180,000-5.2%$176/sqft
        Source: MAAR #10215466 Report a problem
        2/26/2026Listed for sale$189,900-7.4%$185/sqft
        Source: MAAR #10215466 Report a problem
        12/2/2025Price change$1,445-3.3%$1/sqft
        Source: Zillow Rentals Report a problem
        11/12/2025Price change$1,495-3.2%$1/sqft
        Source: Zillow Rentals Report a problem
        10/31/2025Price change$1,545-3.1%$2/sqft
        Source: Zillow Rentals Report a problem
        10/17/2025Price change$1,595+99.4%$2/sqft
        Source: Zillow Rentals Report a problem
        5/20/2025Price change$800-11.1%$1/sqft
        Source: MAAR #10196569 Report a problem
        5/13/2025Price change$900+80%$1/sqft
        Source: MAAR #10196569 Report a problem
        1/26/2025Listed for rent$500-61.4%
        Source: MAAR #10188814 Report a problem
        5/21/2024Listing removed--
        Source: MAAR #10166062 Report a problem
        4/15/2024Price change$205,000-2.3%$200/sqft
        Source: MAAR #10166062 Report a problem
        4/2/2024Price change$209,900-2.8%$205/sqft
        Source: MAAR #10166062 Report a problem
        3/21/2024Price change$216,000-0.9%$211/sqft
        Source: MAAR #10166062 Report a problem
        3/8/2024Price change$218,000-0.9%$213/sqft
        Source: MAAR #10166062 Report a problem
        3/4/2024Price change$220,000-4.3%$215/sqft
        Source: MAAR #10166062 Report a problem
        2/16/2024Listed for sale$230,000+37.3%$225/sqft
        Source: MAAR #10166062 Report a problem
        1/11/2024Listing removed--
        Source: Zillow Rentals Report a problem
        12/29/2023Price change$1,295-5.1%$1/sqft
        Source: Zillow Rentals Report a problem
        12/4/2023Price change$1,365-0.4%$1/sqft
        Source: Zillow Rentals Report a problem
        11/27/2023Listed for rent$1,370-10.2%$1/sqft
        Source: Zillow Rentals Report a problem
        10/14/2023Listing removed--
        Source: Zillow Rentals Report a problem
        10/10/2023Price change$1,525-10%$1/sqft
        Source: Zillow Rentals Report a problem
        9/29/2023Listed for rent$1,695$2/sqft
        Source: Zillow Rentals Report a problem
        8/26/2023Listing removed--
        Source: Zillow Rentals Report a problem
        12/13/2022Sold$167,500+216%$164/sqft
        Source: Public Record Report a problem
        11/9/2022Sold$53,000$52/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$2,161 +144.4%$41,000 +205.4%
        2024$884 +8.1%$13,425
        2023$818 $13,425 +6.1%
        2022-- $12,650
        2021-- $12,650 +37.5%
        2020$294 $9,200
        2019$294 -21.1%$9,200
        2018$373 -45.1%$9,200
        2017$679 +133.6%$9,200 +7.6%
        2016$291 -19.7%$8,550
        2014$362 $8,550
        2013-- $8,550 -24.7%
        2012-- $11,350
        2011-- $11,350
        2010-- $11,350
        2009-- $11,350 -9%
        2008-- $12,475
        2007-- $12,475
        2006-- $12,475
        2005-- $12,475 +14.2%
        2004-- $10,925
        2003-- $10,925
        2002-- $10,925
        2001-- $10,925 -8.2%
        2000-- $11,900
        Find assessor info on the county website

        Monthly payment

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        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: Berclair-Highland Heights

        Getting around

        60 / 100
        Somewhat Walkable
        28 / 100
        Some Transit
        48 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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