ATTENTION INVESTORS!! This brick home is rented for $1,525/month to a Section 8 tenant with a lease secured until January 31, 2027. Home features spacious living room, updated eat-in kitchen, 3 spacious bedrooms and a large bonus room in back (could be marketed as a 4 bedroom for rental), back deck and large fenced-in backyard. Renovated in November 2025. Crawlspace is encapsulated. Laminate hardwood throughout, brand new carpet in bonus room. Stable cash flow and a good blend of investor and owner occupants in the area make this an attractive investment for anyone looking to add value to their portfolio! Lease and rent rolls available upon request. No seller financing, creative financing or wholesale offers. Professionally managed, do not disturb tenant.
- Swimming Pool:
- No
- Heating System:
- Central
- Cooling System:
- Central
- Fireplaces:
- 0
- PARKING/STORAGE:
- Driveway/pad
- Country:
- US
- State:
- TN
- County:
- Shelby
- City:
- Memphis
- Subdivision:
- KENSINGTON GARDENS BLK F-1
- Zipcode:
- 38118
- Street:
- SLOAN
- Street Number:
- 3962
- Street Suffix:
- ST
- Floor Number:
- 0
- Longitude:
- W90° 2' 21.6''
- Latitude:
- N35° 2' 25.9''
- Directions:
- Get on I-240 W. Use the 2nd from the right lane to take exit 21 to merge onto US-78 E/Lamar Ave. Take Tchulahoma Rd to Sloan St. Turn right onto American Way. Turn right onto Queensgate Ave. Turn right onto Sloan St.
- Agent ID:
- 12948
- Status:
- Active
- Type:
- Detached Single Family
- # of Stories:
- 1
- Lot Size:
- 65X178
Residential For Sale
3962 SLOAN ST, Memphis, Tennessee 38118
- Property Type :
- Residential
- Listing Type :
- For Sale
- Listing ID :
- 10223297
- Price :
- $164,000
- Bedrooms :
- 3
- Bathrooms :
- 1.1
- Full Bathrooms :
- 1
- Half Bathrooms :
- 1
- Square Footage :
- 0 Sqft
- Year Built :
- 1960
- Lot Area :
- 0.24 Acre
- Status :
- Active
- Days On Market :
- 88
