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3048 KINGSGATE AVE Memphis, TN $ 139,900
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3048 KINGSGATE AVE
$ 139,900
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3048 KINGSGATE AVE

Memphis, TN, 38118
$ 139,900
Bedrooms3 Baths1.1 Sq 1,321

Monthly Estimate*

$ 861

3048 KINGSGATE AVE, Memphis, TN 38118 - Image 1

Single Family Home for sale in Memphis, TN

for $139,900 with 3 bedrooms and 1 full bath, 1 half bath. This 1,321 square foot home was built in 1967 on a lot size of 0.23.

Fantastic investment opportunity. Seller has 7 properties for sale. 6 SFH & 1 Duplex. This property is leased at $985/mo. through 10/31/2026. Providing immediate cash flow while you plan your future value-add strategy. Please do not disturb the tenant. Property being sold as-is. No wholesalers, or creative financing. Showings/Inspections after contract. This property is currently being professionally managed by Reed & Associates of TN, LLC. This charming home offers 3-bedrooms, 1.5-bathrooms, large open living and dining room, & a galley kitchen. Tiled & carpet flooring. A large backyard and a single car carport.

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Single Family Active

Price

$ 139,900

Bedrooms

3

Full Bath

1

Half Bath

1

Property Type

Single Family

Taxes

$ 1,785

Style

Traditional

Lot Size

0.23

Year Built

1967

Town/City

Memphis

County/Region

Shelby

MLS | Web ID

10223559
Features
General
Heating Central
Cooling Central
Status Active Active
Full Baths 1
Half Baths 1
Legal Subdivision Name KENSINGTON GARDENS BLK H-1
Style Traditional
Stories Count 1
County Shelby
Class Residential
Type Detached Single Family
Area 773A Whitehaven/Tchulahoma
Parcel Number 060193 00029
Sale/Rent For Sale
Status Detail 0
Year Built 1967
Directions From Winchester Rd South on Swinnea Rd Left on Queensgate Right on Brompton Left on Kingsgate.
City Memphis
DOM 8
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Interior
Dining Room 14x12
Living Room LR/DR Combination
Beds 3
Total Baths 1.1
Number of Rooms 6
Downstairs Bedrooms 3
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Exterior
Pool None
Lot 705
Lot Size Area 0.23
Lot Size 70X149
Lot Description Level
Misc. Exterior Porch
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* Excluded Features
List By
Reed & Associates Of Tenn, Llc

Broker

Affordability Calculator

$1,010
Per Month
85%
15%
0%
Monthly Principal & Interest
$861
Monthly Property Taxes
$149
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
6/9/2026$139,900 Listed Price

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3048 KINGSGATE AVE, Memphis, TN, 38118 is a Single Family Home for sale at $139,900 with 1,321 sqft and a lot size of 0.23. 3048 KINGSGATE AVE has 3 bedrooms, 1.1 baths, and was built in 1967. The property's zip code is 38118 which is in Memphis, TN

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