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3048 KINGSGATE AVE, Memphis, TN 38118

Memphis
Local realty services provided by:CENTURY 21 Home First Realtors
3048 KINGSGATE AVE,Memphis, TN 38118
$139,900
  • 3 Beds
  • 2 Baths
  • - sq. ft.
  • Single family
  • Active
Listed by: benjamin reed, phillip kemp
Office: reed & associates of tenn, llc.
MLS#:10223559
Source:TN_MAAR

Price summary

  • Price:$139,900

About this home

Fantastic investment opportunity. Seller has 7 properties for sale. 6 SFH & 1 Duplex. This property is leased at $985/mo. through 10/31/2026. Providing immediate cash flow while you plan your future value-add strategy. Please do not disturb the tenant. Property being sold as-is. No wholesalers, or creative financing. Showings/Inspections after contract. This property is currently being professionally managed by Reed & Associates of TN, LLC. This charming home offers 3-bedrooms, 1.5-bathrooms, large open living and dining room, & a galley kitchen. Tiled & carpet flooring. A large backyard and a single car carport.

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Home facts

  • Year built:1967
  • Subdivision & Development:KENSINGTON GARDENS BLK H-1
  • Listing ID #:10223559
  • Added:120 day(s) ago
  • Updated:October 08, 2026 at 11:26 AM

Rooms and interior

  • Bedrooms:3
  • Total bathrooms:2
  • Full bathrooms:1
  • Half bathrooms:1
  • Rooms Total:6
  • Flooring:Part Carpet, Tile
  • Dining Description:Living Room/Dining Room Combo
  • Bathrooms Description:All Bedrooms Down

Heating and cooling

  • Cooling:Central
  • Heating:Central

Structure and exterior

  • Year built:1967
  • Lot area:0.23 Acres
  • Lot Features:Level
  • Architectural Style:Traditional
  • Construction Materials:Brick Veneer
  • Exterior Features:Porch
  • Levels:1 Story

Finances and disclosures

  • Price:$139,900
  • Tax amount:$1,785

Parking

  • Parking description:Driveway/Pad
  • Garage spaces:1
Listing content and images Copyright© 2026 Memphis Area Association of REALTORS®. Some or all of the listings displayed may not belong to the firm whose website is being visited. Information provided is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Do not rely upon listing data without independently verifying it. TN_MAAR Member Broker: Connie Farina

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