Frankie Kidd
BEDS3
BATHS1 full
MLS#10215350
STATUSActive
PROPERTY TYPEResidential - Single Family
SUBDIVISIONFRAYSER HILLS
NEIGHBORHOODFrayser - East
Property Description
Turnkey investment opportunity with tenant in place paying $895/month ($10,740 annually), providing immediate cash flow. Estimated monthly cash flow of $127.13 with a projected 5.04% cash-on-cash return. Professionally managed 3BR/1BA home featuring hard-surface flooring throughout, spacious living area, modern kitchen with shaker cabinets, central heat and air, newer HVAC system, and a water heater approximately 1 year old. Additional highlights include a covered carport and large fenced backyard ideal for outdoor use. Strong tenant appeal and stable in-place tenancy support long-term rental performance in a consistent Memphis market. Professionally managed. No wholesalers, assignments, or creative financing! DO NOT APPROACH OR DISTURB TENANTS. No showings without an accepted offer. Financials available upon request. Leased through 3/10/2028 at $895/month.
Property Features
Property Type: Residential - Single Family
Cooling: Central
Heating: Central
Home Style: Traditional
Lot Size: 0.23 Acres
Year Built: 1954
Feature Descriptions
Bed and Bath: All Bedrooms Down
Days on Site: 93
Exterior/ Windows: Brick Veneer
Floors/ Ceilings: Hardwood Throughout
Living/ Dining Room: Separate Living Room, Separate Dining Room
Lot: Level
Parking/ Storage: Driveway/Pad
Total Rooms: 5
Listed By / Shown By
Listed By
Agency Name: Foundation Property Management
Shown By
Agent Name: Frankie Kidd
Agent Phone: Cell: (901) 277-5446
Agency Title: Crye-Leike Real Estate Services
Source: MAAR MLS
Estimate Your Payment
Estimated Payment
$ 239.14 per month $211.43 Principal & Interest $0.00 Property Tax (data not provided by mls) $27.71 Homeowner's InsuranceChange Payment Information
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3342 Ashland St | MLS# 10215350
This single family home located at 3342 Ashland St, Memphis, TN 38127 is currently listed for sale with an asking price of $95,000. This property was built in 1954 and has 3 bedrooms and 1 full baths. Ashland St is located in the FRAYSER HILLS subdivision. Search FRAYSER HILLS real estate on frankie.crye-leike.com today.