Address
3962 Sloan St, Memphis, TN
Price
$ 164,000
Property Attributes
  • MLS#10223297
  • TypeSingle Family
  • Listing Status Active
  • CountySHELBY
  • CityMemphis
  • AreaAirport-Oakhaven
  • NeighborhoodKENSINGTON GARDENS BLK F-1
  • Zip38118
  • StyleTraditional
  • Year Built1960
  • Taxes$ 1614
  • Price$ 164,000
  • Bedrooms3
  • Full Bathrooms1
  • Half Bathrooms1
  • Sqr Footage1656
  • Lot Size0.24 Acres
Data Source:
Memphis MLS (MAAR)
Property Description

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.

Price History
6/6/2026 Listed $164,000

General Features

Heating Central
Cooling Central
Status Active
Full Baths 1
Half Baths 1
Legal Subdivision Name KENSINGTON GARDENS BLK F-1
Style Traditional
Stories Count 1
County Shelby
Class Residential
Type Detached Single Family
Condo No
Area 771B
Parcel Number 060206 00025
Status Active
Annual City Tax 790
Annual County Tax 824
Sale/Rent For Sale
Area Airport/Oakhaven
Service Type Full Service Listing
Neighborhood Association None
Year Built 1960
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 rig
City Memphis
DOM 104

Interior Features

Dining Room 10x10
Living Room Eat-In Kitchen
Living Room Dimensions 10x10
Beds 3
Total Baths 1.1
Number of Rooms 7
Downstairs Bedrooms 3
FLOORS/CEILINGS Wood Laminate Floors,Part Carpet

Exterior Features

Pool None
Lot 565
Lot Size Area 0.24
Lot Size 65X178
Parking Display No
Lot Description Level
PARKING/STORAGE Driveway/Pad
EXTERIOR/WINDOWS Other (See Remarks)
Misc. Exterior Patio

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 38118

Price
AVG $140K
$160K
Taxes
AVG $1,554
$1,614
Year Built
AVG 1967
1960
Visits
AVG 98
83
Data Provided by Inside Real Estate®