Off market since Aug 2026

The Story

3816 Allandale Lane

Memphis, TN 38111 · Home

This well-maintained 2-bedroom, 1-bath property is a fantastic investment opportunity, featuring a reliable, long-term tenant who has called it home for over 10 years. The tenant is in good standing and currently pays $875 per month, offering immediate, consistent income from day one. Even better, the rent is below market value, presenting clear potential for future increases and improved returns. Ideally located with convenient access to shopping, dining, and I-240, this property combines stability with upside potential. Whether you’re looking to expand your investment portfolio or take your first step into real estate investing, this is a smart, income-producing opportunity you won’t want to miss. Please do not disturb the tenant. This is a tenant-occupied property, and all tenant rights apply.


Facts & Features

Property Info

Price
$110,000
Completion Year
1,950
Floors
1
Bedrooms
2
Bathrooms
1
Garage
1 spaces

Features & Amenities

Garage / Parking

1 space

Cooling

Central Air

Heating

Central

Flooring

Carpet, Hardwood

Lot Information

Landscaped, Wooded

Listing Broker

Regency Realty, LLC

Broker Name

Regency Realty, LLC

Agent

Tracy O Jefferson

Location

Germantown TN 38139