3123 DANVILLE RD, Memphis, TN 38118

Local realty services provided by:CENTURY 21 Home First Realtors
3123 DANVILLE RD,Memphis, TN 38118
$150,000
  • 4 Beds
  • 2 Baths
  • - sq. ft.
  • Single family
  • Active
Listed by: caleb parr
Office: renshaw company, realtors
MLS#:10228622
Source:TN_MAAR

Price summary

  • Price:$150,000

About this home

3123 Danville Rd, Memphis, TN — Turnkey Investment Property, Cash-Flowing Now Ready-to-own investment opportunity in Memphis! This brick, low-maintenance home is currently occupied by a long-term, reliable tenant paying $1,000/month, offering immediate cash flow from day one. Durable brick exterior means less upkeep and lower long-term maintenance costs, while central heat and air adds year-round comfort and tenant appeal. Ideal for buy-and-hold investors looking to add a stable, income-producing asset to their portfolio without any vacancy downtime. Property Highlights: Long-term tenant in place at $1,000/month Brick exterior — low maintenance Central heat and air Immediate rental income for investment buyers Cash or conventional financing only — no seller or creative financing available. Due to the occupied status, no showings will be conducted without an accepted offer. Buyers should submit offers based on provided property details, comps, and exterior/drive-by only.

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Home facts

  • Year built:1960
  • Subdivision & Development:Winchester Heights 3rd Add
  • Listing ID #:10228622
  • Added:1 day(s) ago
  • Updated:August 18, 2026 at 05:58 PM

Rooms and interior

  • Bedrooms:4
  • Total bathrooms:2
  • Full bathrooms:1
  • Half bathrooms:1
  • Rooms Total:5
  • Flooring:Part Hardwood
  • Bathrooms Description:All Bedrooms Down
  • Basement Description:Conventional

Heating and cooling

  • Cooling:Central
  • Heating:Central

Structure and exterior

  • Roof:Composition Shingles
  • Year built:1960
  • Lot Features:Level
  • Architectural Style:Traditional
  • Construction Materials:Brick Veneer
  • Foundation Description:Conventional
  • Levels:1 Story

Finances and disclosures

  • Price:$150,000
  • Tax amount:$1,439

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