3382 FRAYSER SCHOOL DR, Memphis, TN 38127

Local realty services provided by:CENTURY 21 Home First Realtors
3382 FRAYSER SCHOOL DR,Memphis, TN 38127
$102,000
  • 3 Beds
  • 2 Baths
  • - sq. ft.
  • Single family
  • Active
Listed by: james wachob
Office: foundation property management
MLS#:10218249
Source:TN_MAAR

Price summary

  • Price:$102,000

About this home

This property is leased at $1,165 per month ($13,980 annually) through 01/31/2027, with a cash-on-cash return of 9.57% and a monthly cash flow of $255.11. "All investment figures are estimates and verified independently by buyer." Turnkey investment opportunity with strong potential. This well-maintained property features recent updates including a newer roof, updated HVAC system, refreshed kitchen finishes, and durable flooring throughout. Bathrooms have been improved with modern fixtures, adding to the home’s overall appeal. The property presents in solid condition with clean interiors and a functional layout, minimizing immediate capital needs. Conveniently located with easy access to major roads, schools, and local amenities. A great addition to any portfolio seeking steady performance and long-term value. Financials available upon request. No wholesalers, assignments, or creative financing! PROFESSIONALLY MANAGED IN-HOUSE

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Home facts

  • Year built:1957
  • Listing ID #:10218249
  • Added:78 day(s) ago
  • Updated:June 19, 2026 at 05:52 PM

Rooms and interior

  • Bedrooms:3
  • Total bathrooms:2
  • Full bathrooms:1
  • Half bathrooms:1
  • Rooms Total:7
  • Bathrooms Description:All Bedrooms Down

Heating and cooling

  • Cooling:Central
  • Heating:Central

Structure and exterior

  • Year built:1957
  • Lot area:0.38 Acres
  • Lot Features:Level
  • Architectural Style:Traditional
  • Levels:1 Story

Finances and disclosures

  • Price:$102,000
  • Tax amount:$1,248

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