Home has been completely remodeled please view video walk through!!
1450 Sq Feet HOME!! PLUS Apartment Rented $1200 Per Month!
Purchase Price: $159,900 AVAILABLE
Property Type: Single Family Residence
Beds/Baths: 3 beds, 2 baths PLUS 1 BED 1 Bath Apartment
Square Feet: 1,460 sqft
Year Built: 1960- Rehabbed/Renovated 2019
Occupancy Status: Rented – $1,275 a month
PROPERTY DESCRIPTION
This 1450 square foot home has 3 bedrooms and 2 full bathrooms, PLUS FULL 1 bed room 1 full bath apartment in back of home, It is located at 3238 S Perkins Memphis, Tennessee 38118. New Roof, New hard wood refinished floors, New Floors, New Doors, New Plumbing, New Electrical, Fresh Paint, New Light Fixtures/Ceiling Fans, New Toilets, and Many more added extras. ! Cash flowing Machine!!
List Price- $159,900.00
Taxes- $1,206.00 a year
Insurance- $700.00
Currently Rented- $1,275.00
Property Management Fee- 8% of Rent collected- $96.00
Cap Ex/Maint/Miscellaneous- $100.00
YEARLY NET CASH FLOW = $8k PLUS
Super Nice Buy and Hold Investment Property.
Sold for $153,500
$153,500
3238 S Perkins Rd, Memphis, TN 38118
4beds
1,900sqft
SingleFamily
Built in 1961
7,840 Square Feet Lot
$152,300 Zestimate®
$81/sqft
$1,657 Estimated rent
Home value
$152,300
$142,000 - $164,000
$1,657/mo
Zestimate® history
Owner options
List your home for rent
$1,657/mo
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$1,657/mo
Rent Zestimate®
Refinance and save
$1,007/mo
Est. payment
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$1,007/mo
Est. payment
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Forced air, Gas
Cooling
- Other
Appliances
- Laundry: Hookups
Features
- Flooring: Tile, Hardwood
- Basement: None
- Has fireplace: Yes
Interior area
- Total interior livable area: 1,900 sqft
Property
Parking
- Total spaces: 4
- Parking features: Off-street, Garage
Features
- Exterior features: Other
Lot
- Size: 7,840 Square Feet
Details
- Parcel number: 07401700047
Construction
Type & style
- Home type: SingleFamily
Materials
- Other
- Roof: Composition
Condition
- Year built: 1961
Community & HOA
Location
- Region: Memphis
Financial & listing details
- Price per square foot: $81/sqft
- Tax assessed value: $132,300
- Annual tax amount: $1,743
Price history
| Date | Event | Price |
|---|---|---|
| 4/15/2025 | Sold | $153,500-4%$81/sqft |
Source: Public Record Report a problem | ||
| 2/2/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 1/12/2024 | Listed for rent | $1,595-6.2%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 8/23/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 8/2/2023 | Listed for rent | $1,700$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 12/17/2022 | Listing removed | -- |
Source: Owner Report a problem | ||
| 9/18/2022 | Listed for sale | $159,900+46.7%$84/sqft |
Source: Owner Report a problem | ||
| 1/3/2020 | Listing removed | $109,000$57/sqft |
Source: ResultsMLS.com #10061224 Report a problem | ||
| 12/6/2019 | Price change | $109,000-0.9%$57/sqft |
Source: ResultsMLS.com #10061224 Report a problem | ||
| 11/21/2019 | Listed for sale | $110,000$58/sqft |
Source: ResultsMLS.com #10061224 Report a problem | ||
| 11/13/2019 | Pending sale | $110,000$58/sqft |
Source: ResultsMLS.com #10061224 Report a problem | ||
| 9/5/2019 | Listed for sale | $110,000+7.3%$58/sqft |
Source: ResultsMLS.com #10061224 Report a problem | ||
| 7/30/2019 | Listing removed | $102,500$54/sqft |
Source: Owner Report a problem | ||
| 5/16/2019 | Price change | $102,500-6%$54/sqft |
Source: Owner Report a problem | ||
| 3/10/2019 | Price change | $109,000-0.9%$57/sqft |
Source: Owner Report a problem | ||
| 2/17/2019 | Listed for sale | $110,000+1000%$58/sqft |
Source: Owner Report a problem | ||
| 11/6/2018 | Sold | $10,000-82.5%$5/sqft |
Source: Public Record Report a problem | ||
| 4/19/2001 | Sold | $57,000$30/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,743 +37.5% | $33,075 +71.8% |
| 2024 | $1,268 +8.1% | $19,250 |
| 2023 | $1,173 | $19,250 |
| 2022 | -- | $19,250 |
| 2021 | -- | $19,250 +15.8% |
| 2020 | $531 | $16,625 |
| 2019 | $531 -21.1% | $16,625 |
| 2018 | $673 -45.1% | $16,625 |
| 2017 | $1,227 +123.5% | $16,625 +2.9% |
| 2016 | $549 -19.9% | $16,150 |
| 2014 | $686 | $16,150 |
| 2013 | -- | $16,150 -24.9% |
| 2012 | -- | $21,500 |
| 2011 | -- | $21,500 |
| 2010 | -- | $21,500 |
| 2009 | -- | $21,500 +4.9% |
| 2008 | -- | $20,500 |
| 2007 | -- | $20,500 |
| 2006 | -- | $20,500 |
| 2005 | -- | $20,500 +4.3% |
| 2004 | -- | $19,650 |
| 2003 | -- | $19,650 |
| 2002 | -- | $19,650 |
| 2001 | -- | $19,650 +17.1% |
| 2000 | -- | $16,775 |
Find assessor info on the county website
Neighborhood: Parkway Village-Oakhaven
Nearby homes
- $122,5003 bd2 ba1.1k sqft3244 S Perkins Rd, Memphis, TN 38118Sold

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Nearby schools
GreatSchools rating
- 3/10Cromwell Elementary SchoolGrades: PK-5Distance: 1.1 mi
- 3/10Memphis Virtual SchoolGrades: 4-12Distance: 0.3 mi
- 2/10Wooddale High SchoolGrades: 9-12Distance: 0.8 mi
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- Tennessee
- Shelby County
- Memphis
- 38118
- Parkway Village-Oakhaven
- 3238 S Perkins Rd
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