389 W MITCHELL RD Memphis, TN $ 118,000
389 W MITCHELL RD
$ 118,000
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389 W MITCHELL RD

Memphis, TN, 38109
$ 118,000
Bedrooms3 Baths1.0 Sq 948

Monthly Estimate*

$ 745

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Single Family Home for sale in Memphis, TN

for $118,000 with 3 bedrooms and 1 full bath. This 948 square foot home was built in 1956 on a lot size of 0.2.

Currently leased at $1,045 per month through 04/03/2028. This 3 bedroom, 1 bath home offers approximately 948 square feet with hard-surface flooring throughout, a kitchen with shaker cabinets, a spacious living area, and central heat and air. A large fenced backyard and open parking add to the appeal. Located in an established South Memphis rental area with convenient access to shopping centers, schools, major highways, and the airport. A straightforward addition for an investor looking to build a rental portfolio. Financials available upon request. No wholesalers, assignments, or creative financing! PROFESSIONALLY MANAGED IN-HOUSE

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Single Family Active

Price

$ 118,000

Bedrooms

3

Full Bath

1

Property Type

Single Family

Taxes

$ 911

Style

Traditional

Lot Size

0.2

Year Built

1956

Town/City

Memphis

County/Region

Shelby

MLS | Web ID

10225449

Features
General
Heating Central
Cooling Central
Status Active Active
Full Baths 1
Half Baths 0
Legal Subdivision Name J E WALKER HOMES
Style Traditional
Stories Count 1
County Shelby
Class Residential
Type Detached Single Family
Area 762B Mitchell/Westwood
Parcel Number 075087 00011
Sale/Rent For Sale
Status Detail 0
Year Built 1956
Directions From New Horn Lake Rd go West on W Mitchell Rd; property on left.
City Memphis
DOM 0
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Interior
Living Room Separate Dining Room Vinyl/Luxury Vinyl Floor
Beds 3
Total Baths 1
Number of Rooms 5
Downstairs Bedrooms 3
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Exterior
Pool None
Lot 3
Lot Size Area 0.2
Lot Size 60X150
Lot Description Level
Misc. Exterior Other (See REMARKS)
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* Excluded Features
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Foundation Property Management

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Affordability Calculator

$821
Per Month
91%
9%
0%
Monthly Principal & Interest
$745
Monthly Property Taxes
$76
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
7/6/2026$118,000 Listed Price

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389 W MITCHELL RD, Memphis, TN, 38109 is a Single Family Home for sale at $118,000 with 948 sqft and a lot size of 0.2. 389 W MITCHELL RD has 3 bedrooms, 1.0 baths, and was built in 1956. The property's zip code is 38109 which is in Memphis, TN