Off market since Sep 2026

The Story

3247 Southbridge Street

Memphis, TN 38118 · Home

Occupied Investment Opportunity in Parkway Village! Add this solid cash-flowing property to your rental portfolio. This 3-bedroom, 1.5-bath single-family home is located in the established Parkway Village area of Shelby County, TN and is currently occupied by a tenant paying $1,050 per month, providing immediate rental income from day one. The home features a functional floor plan with spacious living areas, ample bedroom space, and a convenient half bath for tenants. Situated on a generous lot in a well-established neighborhood, this property offers strong rental demand and long-term investment potential. Whether you're a seasoned investor looking to expand your Memphis portfolio or a buyer seeking a turnkey rental, this property offers consistent income and professional management potential in a proven rental market. Do not disturb the tenants. Showings/inspections will be scheduled once an accepted offer is in place.


Facts & Features

Property Info

Price
$110,000
Completion Year
1,967
Floors
1
Bedrooms
3
Bathrooms
2
Garage
1 spaces

Features & Amenities

Garage / Parking

1 space

Cooling

Central Air

Heating

Central

Lot Information

Level

Listing Broker

Crestcore Realty, LLC

Broker Name

Crestcore Realty, LLC

Agent

James E Johnson

Location

Memphis TN 38122