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3471 GOWAN DR, Memphis, TN 38127

Memphis
Local realty services provided by:CENTURY 21 Home First Realtors
3471 GOWAN DR,Memphis, TN 38127
$115,000
  • 3 Beds
  • 2 Baths
  • - sq. ft.
  • Single family
  • Active
Listed by: james wachob
Office: foundation property management
MLS#:10212910
Source:TN_MAAR

Price summary

  • Price:$115,000

About this home

This property is leased at $1,100 per month ($13,200 annually) through 02/19/2027., with a cash-on-cash return of 3.72% and a monthly cash flow of $116.94. "All investment figures are estimates and verified independently by buyer." Investor-friendly single-family opportunity in a stable Memphis market location, offering strong rental appeal and long-term upside. The home features a practical layout with comfortable living spaces, well-proportioned bedrooms, and a functional kitchen suited for durable, everyday use. Interior and exterior present in well-maintained condition with recent improvements and updates enhancing overall livability and reducing near-term maintenance needs. Solid candidate for a buy-and-hold portfolio, delivering reliable income potential and future appreciation. Financials available upon request. No wholesalers, assignments, or creative financing! PROFESSIONALLY MANAGED IN-HOUSE

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Home facts

  • Year built:1959
  • Listing ID #:10212910
  • Added:148 day(s) ago
  • Updated:June 13, 2026 at 10:58 AM

Rooms and interior

  • Bedrooms:3
  • Total bathrooms:2
  • Full bathrooms:2
  • Rooms Total:5
  • Flooring:Hardwood Throughout
  • Dining Description:Separate Dining Room
  • Bathrooms Description:All Bedrooms Down

Heating and cooling

  • Cooling:Central
  • Heating:Central

Structure and exterior

  • Year built:1959
  • Lot area:0.55 Acres
  • Lot Features:Level
  • Architectural Style:Traditional
  • Construction Materials:Brick Veneer, Wood/Composition
  • Levels:1 Story

Finances and disclosures

  • Price:$115,000
  • Tax amount:$1,317

Parking

  • Parking description:Driveway/Pad, Garage Door Opener(s)
  • Garage spaces:2
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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