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3816 ALLANDALE LN, Memphis, TN 38111

Memphis
Local realty services provided by:CENTURY 21 Home First Realtors
3816 ALLANDALE LN,Memphis, TN 38111
$110,000
  • 2 Beds
  • 1 Baths
  • - sq. ft.
  • Single family
  • Active
Listed by: tracy jefferson
Office: crye-leike, inc., realtors
MLS#:10220996
Source:TN_MAAR

Price summary

  • Price:$110,000

About this home

This well-maintained 2-bedroom, 1-bath property is a fantastic investment opportunity, featuring a reliable, long-term tenant who has called it home for over 10 years. The tenant is in good standing and currently pays $875 per month, offering immediate, consistent income from day one. Even better, the rent is below market value, presenting clear potential for future increases and improved returns. Ideally located with convenient access to shopping, dining, and I-240, this property combines stability with upside potential. Whether you’re looking to expand your investment portfolio or take your first step into real estate investing, this is a smart, income-producing opportunity you won’t want to miss. Please do not disturb the tenant. This is a tenant-occupied property, and all tenant rights apply.

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Home facts

  • Year built:1950
  • Listing ID #:10220996
  • Added:1 day(s) ago
  • Updated:May 07, 2026 at 03:54 PM

Rooms and interior

  • Bedrooms:2
  • Total bathrooms:1
  • Full bathrooms:1
  • Rooms Total:5
  • Flooring:Part Carpet, Part Hardwood
  • Dining Description:Separate Dining Room
  • Bathrooms Description:All Bedrooms Down

Heating and cooling

  • Cooling:Central
  • Heating:Central

Structure and exterior

  • Year built:1950
  • Lot area:0.18 Acres
  • Lot Features:Landscaped, Some Trees
  • Architectural Style:Traditional
  • Exterior Features:Porch
  • Levels:1 Story

Finances and disclosures

  • Price:$110,000
  • Tax amount:$1,514

Parking

  • Parking description:Driveway/Pad
  • Garage spaces:1
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