3816 ALLANDALE LN, Memphis, TN 38111
3816 ALLANDALE LN, Memphis, TN 38111
3816 ALLANDALE LN, Memphis, TN 38111
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$110,000
Est. payment /mo
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2 Beds
1 Bath
7,840 Sqft Lot
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3816 ALLANDALE LN Memphis, TN 38111

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Erika Alexandria Davis

Erika Alexandria Davis

+1(901) 488-1776

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Detached Single Family

Listing Status Active

Purchase Type For Sale

Subdivision Sherwood Forest Second Addition

MLS Listing ID 10220996

Style Traditional

Bedrooms 2

Full Baths 1

Year Built 1950

Annual Tax Amount $1,514

Lot Size 7,840 Sqft

Property Sub-Type Detached Single Family

Property Description

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.

Location

State TN

County Shelby

Area Getwell/Park

Rooms

Master Bedroom 0x0

Dining Room 0x0

Kitchen Separate Dining Room, Great Room, Other (See Remarks)

Interior

Heating Central, Other (See REMARKS)

Cooling Central, Other (See REMARKS)

Flooring Part Hardwood, Part Carpet, Other (See REMARKS)

Exterior

Exterior Feature Other (See Remarks)

Parking Features Driveway/Pad, Other (See REMARKS)

Garage Spaces 1.0

Pool None

Private Pool Yes

Building

Lot Description Some Trees, Landscaped, Chain Fenced, Other (See Remarks)

Story 1

Others

Miscellaneous Porch,Other (See REMARKS)

Listed by Tracy O Jefferson • Regency Realty, LLC

NEARBY SCHOOL & BUSINESS

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Erika Alexandria Davis

Erika Alexandria Davis

Agent | License ID: 372118

+1(901) 488-1776

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3816 ALLANDALE LN