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3220-3222 ASHWOOD ST Memphis, TN $ 158,000
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3220-3222 ASHWOOD ST
$ 158,000
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3220-3222 ASHWOOD ST

Memphis, TN, 38118
$ 158,000
Bedrooms6 Baths4.0 Sq 2,305

Monthly Estimate*

$ 973

3220-3222 ASHWOOD ST, Memphis, TN 38118 - Image 1

Multi-Family Home for sale in Memphis, TN

for $158,000 with 6 bedrooms and 4 full baths. This 2,305 square foot home was built in 1969.

Welcome to 3220/3222 Ashwood Street, a well-maintained duplex located in the convenient Memphis, TN 38118 area. Each unit offers 3 bedrooms and 2 bathrooms, providing spacious and functional layouts designed for comfortable living. Both units are currently tenant-occupied, making this property an excellent turnkey investment opportunity with immediate rental income potential. The property offers a practical floor plan in each unit and is situated in an established neighborhood with convenient access to local amenities, schools, and major roadways. A great addition for investors seeking a stable, income-producing property in the Memphis market. TENANTED PROPERTY: DO NOT DISTURB TENANTS, NO SHOWINGS WITHOUT AN ACCEPTED OFFER. 3220 - Leased thru 5/31/2026 at $900/month. 3222 - Leased thru 2/7/2027 at $1,050/month.

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Multi-Family Active

Price

$ 158,000

Bedrooms

6

Full Bath

4

Property Type

Multi-Family

Taxes

$ 3,002

Style

Traditional

Year Built

1969

Town/City

Memphis

County/Region

Shelby

MLS | Web ID

10216404
Features
General
Heating Central
Cooling Central Cooling
Status Active Active
Parking Driveway/Pad
Legal Subdivision Name KNIGHTWOODS
Style Traditional
Stories Count 1
County Shelby
Class Duplexes
Type Built as Duplex
Area 772E Parkway Village
Parcel Number 073041 F00048
Sale/Rent For Sale
Status Detail 0
Year Built 1969
Directions Continue to Macon Rd Continue on Macon Rd. Take N Germantown Pkwy Walnut Grove Rd and I-240 W to Ashwood St Turn left at the 2nd cross street onto Ashwood St Destination will be on the left
City Memphis
DOM 1
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Exterior
Pool None
Lot 580
Lot Size 60X140
Lot Description Level
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Interior
Hot Water Electric Gas
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* Excluded Features
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Foundation Property Management

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Affordability Calculator

$1,223
Per Month
80%
20%
0%
Monthly Principal & Interest
$973
Monthly Property Taxes
$250
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
460623 Elementary School
460624 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
3/10/2026$158,000 Listed Price

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3220-3222 ASHWOOD ST, Memphis, TN, 38118 is a Multi-Family Home for sale at $158,000 with 2,305 sqft. 3220-3222 ASHWOOD ST has 6 bedrooms, 4.0 baths, and was built in 1969. The property's zip code is 38118 which is in Memphis, TN

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