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.
For sale
$180,000
3741 Faxon Ave, Memphis, TN 38122
3beds
1,024sqft
Single Family Residence
Built in 1948
9,583 Square Feet Lot
$168,300 Zestimate®
$176/sqft
$-- HOA
What's special
- 183 days
- 51
- 1
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#: 10215466
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: 184 days
Estimated market value
$168,300
$160,000 - $177,000
$1,246/mo
Price history
| Date | Event | Price |
|---|---|---|
| 3/29/2026 | Price change | $180,000-5.2%$176/sqft |
Source:  MAAR #10215466 Report a problem | ||
| 2/26/2026 | Listed for sale | $189,900-7.4%$185/sqft |
Source: MAAR #10215466 Report a problem | ||
| 12/2/2025 | Price change | $1,445-3.3%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 11/12/2025 | Price change | $1,495-3.2%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 10/31/2025 | Price change | $1,545-3.1%$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 10/17/2025 | Price change | $1,595+99.4%$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 5/20/2025 | Price change | $800-11.1%$1/sqft |
Source: MAAR #10196569 Report a problem | ||
| 5/13/2025 | Price change | $900+80%$1/sqft |
Source: MAAR #10196569 Report a problem | ||
| 1/26/2025 | Listed for rent | $500-61.4% |
Source: MAAR #10188814 Report a problem | ||
| 5/21/2024 | Listing removed | -- |
Source: MAAR #10166062 Report a problem | ||
| 4/15/2024 | Price change | $205,000-2.3%$200/sqft |
Source: MAAR #10166062 Report a problem | ||
| 4/2/2024 | Price change | $209,900-2.8%$205/sqft |
Source: MAAR #10166062 Report a problem | ||
| 3/21/2024 | Price change | $216,000-0.9%$211/sqft |
Source: MAAR #10166062 Report a problem | ||
| 3/8/2024 | Price change | $218,000-0.9%$213/sqft |
Source: MAAR #10166062 Report a problem | ||
| 3/4/2024 | Price change | $220,000-4.3%$215/sqft |
Source: MAAR #10166062 Report a problem | ||
| 2/16/2024 | Listed for sale | $230,000+37.3%$225/sqft |
Source: MAAR #10166062 Report a problem | ||
| 1/11/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 12/29/2023 | Price change | $1,295-5.1%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 12/4/2023 | Price change | $1,365-0.4%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 11/27/2023 | Listed for rent | $1,370-10.2%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 10/14/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 10/10/2023 | Price change | $1,525-10%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 9/29/2023 | Listed for rent | $1,695$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 8/26/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 12/13/2022 | Sold | $167,500+216%$164/sqft |
Source: Public Record Report a problem | ||
| 11/9/2022 | Sold | $53,000$52/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax 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
Est. payment
Payment breakdown
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Neighborhood: Berclair-Highland Heights
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