3123 DANVILLE RD Memphis, TN $ 150,000
3123 DANVILLE RD
$ 150,000
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3123 DANVILLE RD

Memphis, TN, 38118
$ 150,000
Bedrooms4 Baths1.1 Sq 1,445

Monthly Estimate*

$ 947

3123 DANVILLE RD, Memphis, TN 38118 - Image 1
3123 DANVILLE RD, Memphis, TN 38118 - Image 2

Single Family Home for sale in Memphis, TN

for $150,000 with 4 bedrooms and 1 full bath, 1 half bath. This 1,445 square foot home was built in 1960.

3123 Danville Rd, Memphis, TN — Turnkey Investment Property, Cash-Flowing Now Ready-to-own investment opportunity in Memphis! This brick, low-maintenance home is currently occupied by a long-term, reliable tenant paying $1,000/month, offering immediate cash flow from day one. Durable brick exterior means less upkeep and lower long-term maintenance costs, while central heat and air adds year-round comfort and tenant appeal. Ideal for buy-and-hold investors looking to add a stable, income-producing asset to their portfolio without any vacancy downtime. Property Highlights: Long-term tenant in place at $1,000/month Brick exterior — low maintenance Central heat and air Immediate rental income for investment buyers Cash or conventional financing only — no seller or creative financing available. Due to the occupied status, no showings will be conducted without an accepted offer. Buyers should submit offers based on provided property details, comps, and exterior/drive-by only.

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Single Family Active

Price

$ 150,000

Bedrooms

4

Full Bath

1

Half Bath

1

Property Type

Single Family

Taxes

$ 1,439

Style

Traditional

Year Built

1960

Town/City

Memphis

County/Region

Shelby

MLS | Web ID

10228622

Features
General
Heating Central
Cooling Central
Roof Composition Shingles
Status Active Active
Full Baths 1
Half Baths 1
Legal Subdivision Name Winchester Heights 3rd Addn
Style Traditional
Stories Count 1
County Shelby
Class Residential
Type Detached Single Family
Area 772. Parkway Village
Parcel Number 073058 00015
Sale/Rent For Sale
Status Detail 0
Year Built 1960
Directions From Downtown Memphis take I-240 East to Airways Blvd. Turn right onto Airways Blvd then turn left onto Knight Arnold Rd. Turn right onto Danville Rd and continue to 3123 Danville Rd Memphis TN 38118
City Memphis
DOM 2
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Interior
Dining Room 0
Living Room Separate Living Room
Beds 4
Total Baths 1.1
Number of Rooms 5
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Exterior
Foundation Conventional
Pool None
Lot Size 62X130
Lot Description Level
Misc. Exterior Wrought Iron Security Drs
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* Excluded Features
List By
Renshaw Company, Realtors

Broker

Affordability Calculator

$1,067
Per Month
89%
11%
0%
Monthly Principal & Interest
$947
Monthly Property Taxes
$120
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
Pricing History
DatePricePrice ChangeDescription
8/18/2026$150,000 Listed Price

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3123 DANVILLE RD, Memphis, TN, 38118 is a Single Family Home for sale at $150,000 with 1,445 sqft. 3123 DANVILLE RD has 4 bedrooms, 1.1 baths, and was built in 1960. The property's zip code is 38118 which is in Memphis, TN