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3312 UNIVERSITY ST Memphis, TN $ 160,000
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3312 UNIVERSITY ST
$ 160,000
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3312 UNIVERSITY ST

Memphis, TN, 38127
$ 160,000
Bedrooms3 Baths2.0 Sq 1,985

Monthly Estimate*

$ 985

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Single Family Home for sale in Memphis, TN

for $160,000 with 3 bedrooms and 2 full baths. This 1,985 square foot home was built in 1963 on a lot size of 0.32.

Turnkey investment opportunity. Tenant already in place through April 2027 and rented at $1,285/month. This 3BR/2BA home with 1,985 SF was fully renovated in 2022, including new roof, updated mechanicals, and all interior finishes. Low-maintenance property ideal for an investor seeking immediate cash flow and long-term rental potential. Spacious layout, updated condition, and established tenancy make this a strong addition to a rental portfolio. Please do not disturb tenant. No showings without an accepted offer.

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Single Family Active

Price

$ 160,000

Bedrooms

3

Full Bath

2

Property Type

Single Family

Taxes

$ 2,434

Style

Traditional

Lot Size

0.32

Year Built

1963

Town/City

Memphis

County/Region

Shelby

MLS | Web ID

10221477
Features
General
Heating Central
Cooling Central
Roof Composition Shingles
Status Active Active
Full Baths 2
Half Baths 0
Legal Subdivision Name UNIVERSITY ROAD
Style Traditional
Stories Count 1
County Shelby
Class Residential
Type Detached Single Family
Area 727A Frayser - East
Parcel Number 072058 00041
Sale/Rent For Sale
Status Detail 0
Year Built 1963
Directions From Frayser Blvd go south on University. Property is on left.
City Memphis
DOM 0
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Interior
Living Room Eat-In Kitchen Pantry Separate Den Separate Dining Room Separate Living Room Vinyl/Luxury Vinyl Floor Washer/Dryer Connections
Beds 3
Total Baths 2
Number of Rooms 6
Downstairs Bedrooms 3
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Exterior
Foundation Conventional
Pool None
Lot 2
Lot Size Area 0.32
Water & Sewer Gas Water Heater Public Sewer Public Water
Lot Size 88X159
Lot Description Chain Fenced Level Some Trees
Misc. Exterior Wrought Iron Security Drs Porch Storage
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* Excluded Features
List By
Heritage Homes Co.

Broker

Affordability Calculator

$1,188
Per Month
83%
17%
0%
Monthly Principal & Interest
$985
Monthly Property Taxes
$203
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
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Pricing History
DatePricePrice ChangeDescription
5/13/2026$160,000 Listed Price

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3312 UNIVERSITY ST, Memphis, TN, 38127 is a Single Family Home for sale at $160,000 with 1,985 sqft and a lot size of 0.32. 3312 UNIVERSITY ST has 3 bedrooms, 2.0 baths, and was built in 1963. The property's zip code is 38127 which is in Memphis, TN

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