For sale

Price cut: $10K (9/30)

$154,000

3962 Sloan St, Memphis, TN 38118

3beds

1,656sqft

$1,135/mo

Get pre-qualified

Single Family Residence

Built in 1960

10,454 Square Feet Lot

$147,800 Zestimate^®

$93/sqft

$-- HOA

What's special

Large fenced-in backyardUpdated eat-in kitchenLarge bonus roomBack deckLaminate hardwood throughout

ATTENTION INVESTORS!! This brick home is rented for $1,525/month to a Section 8 tenant with a lease secured until January 31, 2027. Home features spacious living room, updated eat-in kitchen, 3 spacious bedrooms and a large bonus room in back (could be marketed as a 4 bedroom for rental), back deck and large fenced-in backyard. Renovated in November 2025. Crawlspace is encapsulated. Laminate hardwood throughout, brand new carpet in bonus room. Stable cash flow and a good blend of investor and owner occupants in the area make this an attractive investment for anyone looking to add value to their portfolio! Lease and rent rolls available upon request. No seller financing, creative financing or wholesale offers. Professionally managed, do not disturb tenant.

125 days
122
12

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2
Full bathrooms: 1
1/2 bathrooms: 1

Primary bedroom

Area: 100
Dimensions: 10 x 10

Dining room

Area: 100
Dimensions: 10 x 10

Kitchen

Features: Eat-in Kitchen

Living room

Area: 100
Dimensions: 10 x 10

Den

Area: 100
Dimensions: 10 x 10

Heating

Central

Cooling

Central Air

Features

All Bedrooms Down, Square Feet Source: AutoFill (MAARdata) or Public Records (Cnty Assessor Site)
Flooring: Wood Laminate Floors, Part Carpet
Has fireplace: No

Interior area

Total interior livable area: 1,656 sqft

Property

Parking

Parking features: Driveway/Pad
Has uncovered spaces: Yes

Features

Stories: 1
Patio & porch: Patio
Pool features: None

Lot

Size: 10,454 Square Feet
Dimensions: 65 x 178
Features: Level

Details

Parcel number: 060206 00025

Construction

Type & style

Home type: SingleFamily
Architectural style: Traditional
Property subtype: Single Family Residence

Condition

New construction: No
Year built: 1960

Community & HOA

Community

Subdivision: Kensington Gardens Blk F-1

Location

Region: Memphis

Financial & listing details

Price per square foot: $93/sqft
Tax assessed value: $122,500
Annual tax amount: $1,614
Price range: $154K - $154K
Date on market: 6/5/2026
Cumulative days on market: 126 days

Estimated market value

$147,800

$140,000 - $155,000

$1,318/mo

Price history

Date	Event	Price
9/30/2026	Price change	$154,000-6.1%$93/sqft
Source: MAAR #10223297 Report a problem
6/5/2026	Listed for sale	$164,000+121.6%$99/sqft
Source: MAAR #10223297 Report a problem
12/31/2025	Listing removed	$1,525$1/sqft
Source: Zillow Rentals Report a problem
10/18/2025	Listed for rent	$1,525+45.2%$1/sqft
Source: Zillow Rentals Report a problem
1/9/2021	Listing removed	--
Source: Zillow Rental Network Premium Report a problem
12/3/2020	Listed for rent	$1,050$1/sqft
Source: Advantage Property Management Report a problem
10/30/2020	Sold	$74,000$45/sqft
Source: MAAR #10086774 Report a problem
10/15/2020	Pending sale	$74,000$45/sqft
Source: Keller Williams Realty Memphis Central #10086774 Report a problem
10/13/2020	Listed for sale	$74,000$45/sqft
Source: Keller Williams Realty Memphis Central #10086774 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$1,614 +9.8%	$30,625 +37.2%
2024	$1,470 +8.1%	$22,325
2023	$1,360	$22,325
2022	--	$22,325
2021	--	$22,325 +33.1%
2020	$536	$16,775
2019	$536 -21.1%	$16,775
2018	$679 -45.1%	$16,775
2017	$1,238 +125.2%	$16,775 +3.7%
2016	$550 -14.8%	$16,175
2014	$646	$16,175
2013	--	$16,175 -20.1%
2012	--	$20,250
2011	--	$20,250
2010	--	$20,250
2009	--	$20,250 +0.2%
2008	--	$20,200
2007	--	$20,200
2006	--	$20,200
2005	--	$20,200 +16.3%
2004	--	$17,375
2003	--	$17,375
2002	--	$17,375
2001	--	$17,375 +14.3%
2000	--	$15,200