For sale Home

Listed May 13, 2026

$160,000 Est. $1,058/mo

3312 University Street

  • 3

    Beds

  • 2

    Baths

The story

  • Pool

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.

Facts & features

Home type

Home

Year built

1963

Floors

1

Parking

2-car garage

Included features

  • Pool

    Yes

  • Cooling

    Central Air

  • Heating

    Central

  • Appliances

    Gas Water Heater

  • Flooring

    Carpet, Vinyl

  • Roof

    Composition, Shingle

  • Lot Information

    Level, Wooded

  • Exterior

    Storage

  • Water Source

    Public

  • Sewer

    Public Sewer

Mortgage calculator

Estimated monthly payment

$1,058 /mo

7% rate · 30-yr fixed · 20% down

  • Principal & interest $852
  • Property tax $160
  • Insurance $47

Includes principal, interest, taxes & insurance.

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Listing Broker

Heritage Homes Co.

Broker Name

Heritage Homes Co.

Agent

Chad R Woelke

Location

Germantown TN 38139