$215,000
 $1,154 est/mo Sourced by Back At You

3377 Lamphier Pl,Memphis, TN 38122

Memphis, TN 38122

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Description

Turnkey Memphis Rental Portfolio! 4 newly built (within 3 yrs) single-family homes, ~1,300 SF, 4BR/2BA each, 100% occupied and cash-flowing now. Current gross income $74,160/yr, projected $85,972 by Yr 5. Combined appraised value $862K. Energy-efficient construction, minimal CapEx, consistent floor plans across all four homes. Ideal for investors seeking stabilized cash flow, a 1031 exchange, or a low-maintenance addition to their portfolio. Schedule your private showing today! Want me to tune either one toward a specific keyword focus (e.g. "Memphis turnkey rental portfolio," "new construction investment property," "1031 exchange Memphis")? HOME COME WITH NO APPLIANCES

Details

MLS #10227250
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusActive
Year2023
Days On Site40
Listing Provided ByTRG Real Estate Services, LLC | Jerry Harris

Features

Bed(s)4
Bath(s) 2 Total
Story(s)1
Acreage0.15
Property ViewLevel

Interior

Number Of Rooms8
CoolingCentral
HeatingCentral, Electric

Exterior

Lot DescriptionLevel

Area Information

StateTN
CountyShelby
CityMemphis
Zip Code38122
AreaMidtown | Holmes
Subarea751B
Community NameHIGHLAND HEIGHTS BLK 8
Listing VS Median (in HIGHLAND HEIGHTS BLK 8)
Price:
$215,000
low | high
Med:
$0
On site:
40
low | high
Med:
Sourced by Back At You

Market Activity 38122

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Additional Information


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Learn More About This Property

StateTN
CountyShelby
CityMemphis
Zip Code38122
AreaMidtown | Holmes
Subarea751B
Community NameHIGHLAND HEIGHTS BLK 8
Listing VS Median (in HIGHLAND HEIGHTS BLK 8)
Price:
$215,000
low | high
Med:
$0
On site:
40
low | high
Med:
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $161K - $268K
sqft: 0 - 0
Nearby Listings Property ImageNearby Listings Details
3348 LAMPHIER AVE Property Photo 1
$126,350
3348 Lamphier Ave
Memphis, TN 38122
3354 GUERNSEY AVE Property Photo 1
$200,000
3354 Guernsey Ave
Memphis, TN 38122
Listing Updated: September 1, 2026 at 10:18:10 AM PDT