Property Description

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.

Features

Swimming Pool:: No
Heating System:: Central
Cooling System:: Central
Fireplaces:: 0
Covered Parking Spaces:: Yes
FOUNDATION:: Conventional
PARKING/STORAGE:: Driveway/pad

Address Map

Country:: US
State:: TN
County:: Shelby
City:: Memphis
Subdivision:: Winchester Heights 3rd Addn
Zipcode:: 38118
Street:: DANVILLE
Street Number:: 3123
Street Suffix:: RD
Floor Number:: 0
Longitude:: W90° 5' 1.1''
Latitude:: N35° 3' 49.1''
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.