Attention investors! Add an income-producing property to your Memphis rental portfolio with this tenant-occupied 2BR/1BA home, currently leased for $950 per month. Recent capital improvements include a brand-new roof installed in July 2026 and a new AC condenser, helping reduce near-term maintenance concerns. With a tenant already in place, this property offers immediate rental income and a streamlined transition for its next owner. Property is being sold subject to tenant rights. Showings require proper notice and coordination—do not approach the property or disturb the tenant. Please submit offers contingent upon inspection.
For sale
$112,935
3761 Faxon Ave, Memphis, TN 38122
2beds
921sqft
Single Family Residence
Built in 1948
9,583 Square Feet Lot
$105,200 Zestimate®
$123/sqft
$-- HOA
What's special
Brand-new roofNew ac condenser
- 23 days
- 142
- 5
Zillow last checked:
Listing updated:
Listed by:
Aaron Ivey,
eXp Realty 901-671-1015,
Alyssa Ivey,
eXp Realty
Source: MAAR,MLS#: 10227842
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Primary bedroom
- Area: 154
- Dimensions: 11 x 14
Bedroom 2
- Area: 130
- Dimensions: 10 x 13
Dining room
- Features: Separate Dining Room
- Area: 81
- Dimensions: 9 x 9
Kitchen
- Area: 126
- Dimensions: 9 x 14
Living room
- Features: Separate Living Room
- Area: 180
- Dimensions: 12 x 15
Den
- Dimensions: 0 x 0
Heating
- Central
Cooling
- Central Air
Features
- All Bedrooms Down, Square Feet Source: AutoFill (MAARdata) or Public Records (Cnty Assessor Site)
- Flooring: Part Hardwood, Tile
- Has fireplace: No
Interior area
- Total interior livable area: 921 sqft
Property
Parking
- Parking features: Driveway/Pad
- Has uncovered spaces: Yes
Features
- Stories: 1
- Pool features: None
Lot
- Size: 9,583 Square Feet
- Dimensions: 50 x 200
- Features: Some Trees
Details
- Parcel number: 038079 00017
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Single Family Residence
Materials
- Brick Veneer, Wood/Composition
Condition
- New construction: No
- Year built: 1948
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Security: Wrought Iron Security Drs
- Subdivision: Eastlawn Terrace
Location
- Region: Memphis
Financial & listing details
- Price per square foot: $123/sqft
- Tax assessed value: $86,100
- Annual tax amount: $1,135
- Price range: $112.9K - $112.9K
- Date on market: 8/6/2026
- Cumulative days on market: 24 days
Estimated market value
$105,200
$98,000 - $112,000
$1,034/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/6/2026 | Price change | $112,935+42.1%$123/sqft |
Source:  MAAR #10227842 Report a problem | ||
| 6/8/2026 | Listed for rent | $950+46.2%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 8/16/2022 | Listed for sale | $79,500+1.9%$86/sqft |
Source: MAAR #10131303 Report a problem | ||
| 8/12/2022 | Sold | $78,000+30.2%$85/sqft |
Source: MAAR #10131303 Report a problem | ||
| 8/20/2014 | Listing removed | $650$1/sqft |
Source: Crye-Leike, Realtors Report a problem | ||
| 7/30/2014 | Price change | $650-2.8%$1/sqft |
Source: Crye-Leike Realtors Report a problem | ||
| 7/2/2014 | Listed for rent | $669$1/sqft |
Source: Crye-Leike Realtors Report a problem | ||
| 6/26/2008 | Listing removed | $59,900$65/sqft |
Source: Close Realty #3138095 Report a problem | ||
| 5/21/2008 | Listed for sale | $59,900+64.1%$65/sqft |
Source: Close Realty #3138095 Report a problem | ||
| 12/2/2005 | Sold | $36,500-18.5%$40/sqft |
Source: Public Record Report a problem | ||
| 7/28/2005 | Sold | $44,800-28.9%$49/sqft |
Source: Public Record Report a problem | ||
| 10/28/1999 | Sold | $63,000+40%$68/sqft |
Source: Public Record Report a problem | ||
| 10/19/1998 | Sold | $45,000$49/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,135 +49.2% | $21,525 +86.4% |
| 2024 | $761 +8.1% | $11,550 |
| 2023 | $704 | $11,550 |
| 2022 | -- | $11,550 |
| 2021 | -- | $11,550 +43.5% |
| 2020 | $257 | $8,050 |
| 2019 | $257 -21.1% | $8,050 |
| 2018 | $326 -45.1% | $8,050 |
| 2017 | $594 +155.1% | $8,050 +17.5% |
| 2016 | $233 -34.2% | $6,850 -18% |
| 2014 | $354 | $8,350 |
| 2013 | -- | $8,350 -11.6% |
| 2012 | -- | $9,450 -14.9% |
| 2011 | -- | $11,100 |
| 2010 | -- | $11,100 |
| 2009 | -- | $11,100 -9% |
| 2008 | -- | $12,200 |
| 2007 | -- | $12,200 |
| 2006 | -- | $12,200 |
| 2005 | -- | $12,200 +14.3% |
| 2004 | -- | $10,675 |
| 2003 | -- | $10,675 |
| 2002 | -- | $10,675 |
| 2001 | -- | $10,675 |
| 2000 | -- | $10,675 |
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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