Great investment opportunity in a strong rental area of Memphis. This well-maintained duplex offers two separate units. One unit has two bedrooms and one bath and is currently rented for $775 per month. The other unit has one bedroom and one bath and is rented at $575 per month. Both have been updated recently. Ideal for investors seeking solid cash flow. Professionally managed and ready to generate income from day one.
For sale
$135,000
3255 Macon Rd, Memphis, TN 38122
3beds
1,295sqft
Est.:
Duplex
Built in 1941
-- sqft lot
$-- Zestimate®
$104/sqft
$-- HOA
What's special
- 189 days |
- 187 |
- 12 |
Zillow last checked:
Listing updated:
Listed by:
Michael T Valenza,
eXp Realty, LLC 888-519-5113
Source: MAAR,MLS#: 10209328
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Wall Furnace
Cooling
- 1 Window Unit per Unit
Features
- Eat-in Kitchen
- Flooring: Part Carpet
- Has fireplace: No
Interior area
- Total interior livable area: 1,295 sqft
Property
Parking
- Parking features: Driveway/Pad, Other (See REMARKS)
- Has uncovered spaces: Yes
Features
- Stories: 1
- Pool features: None
Lot
- Size: 10,560 Square Feet
- Dimensions: 60 x 176
- Features: Level
Details
- Parcel number: 038025 00019
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subtype: Duplex
Materials
- Stone
Condition
- Year built: 1941
Community & HOA
Community
- Subdivision: Jackson Terrace 1st Addn
Location
- Region: Memphis
Financial & listing details
- Price per square foot: $104/sqft
- Tax assessed value: $91,100
- Annual tax amount: $765
- Date on market: 11/7/2025
- Cumulative days on market: 190 days
- Listing terms: Conventional,FHA,Other (See Remarks),VA Loan
- Lease term: Other (Call LA)
- Total actual rent: 775
Estimated market value
Not available
Estimated sales range
Not available
$1,011/mo
Price history
| Date | Event | Price |
|---|---|---|
| 11/7/2025 | Listed for sale | $135,000+17.4%$104/sqft |
Source:  MAAR #10209328 Report a problem | ||
| 9/27/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 5/30/2023 | Listed for rent | $550 |
Source: Zillow Rentals Report a problem | ||
| 3/31/2023 | Listing removed | -- |
Source: MAAR #10143222 Report a problem | ||
| 3/9/2023 | Contingent | $115,000$89/sqft |
Source: MAAR #10143222 Report a problem | ||
| 3/7/2023 | Listed for sale | $115,000+15%$89/sqft |
Source: MAAR #10143222 Report a problem | ||
| 5/12/2022 | Sold | $100,000+150.6%$77/sqft |
Source: Public Record Report a problem | ||
| 6/3/2019 | Listing removed | $39,900$31/sqft |
Source: Tiger Realty #10037156 Report a problem | ||
| 5/14/2019 | Price change | $39,900-20%$31/sqft |
Source: Tiger Realty #10037156 Report a problem | ||
| 12/21/2018 | Price change | $49,900-9.1%$39/sqft |
Source: Tiger Realty #10037156 Report a problem | ||
| 11/21/2018 | Price change | $54,900+22.3%$42/sqft |
Source: Tiger Realty #10037156 Report a problem | ||
| 10/31/2018 | Listed for sale | $44,900$35/sqft |
Source: Memphis Area Association of Realtors #10037156 Report a problem | ||
| 8/7/2018 | Listing removed | $550 |
Source: Zillow Rental Manager Report a problem | ||
| 6/6/2018 | Listed for rent | $550 |
Source: Zillow Rental Manager Report a problem | ||
| 2/1/2018 | Listing removed | $550 |
Source: Owner Report a problem | ||
| 12/25/2017 | Listed for rent | $550 |
Source: Owner Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,921 +132.2% | $36,440 +190.1% |
| 2024 | $827 +8.1% | $12,560 |
| 2023 | $765 | $12,560 |
| 2022 | -- | $12,560 |
| 2021 | -- | $12,560 -25.4% |
| 2020 | $538 | $16,840 |
| 2019 | $538 -21.1% | $16,840 |
| 2018 | $682 -45.1% | $16,840 |
| 2017 | $1,243 +107.7% | $16,840 -4.3% |
| 2016 | $598 +169% | $17,600 +60% |
| 2014 | $222 | $11,000 |
| 2013 | -- | $11,000 +57.7% |
| 2012 | -- | $6,975 |
| 2011 | -- | $6,975 |
| 2010 | -- | $6,975 |
| 2009 | -- | $6,975 -7.3% |
| 2008 | -- | $7,525 |
| 2007 | -- | $7,525 |
| 2006 | -- | $7,525 |
| 2005 | -- | $7,525 -3.8% |
| 2004 | -- | $7,825 |
| 2003 | -- | $7,825 |
| 2002 | -- | $7,825 |
| 2001 | -- | $7,825 -2.5% |
| 2000 | -- | $8,025 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
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All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Climate risks
Neighborhood: Berclair-Highland Heights
Getting around
33 / 100
Some TransitNearby schools
GreatSchools rating
- 3/10Treadwell Elementary SchoolGrades: PK-5Distance: 0.7 mi
- 5/10Treadwell Middle SchoolGrades: 6-8Distance: 0.6 mi
- 2/10Douglass High SchoolGrades: 9-12Distance: 0.8 mi
A local agent can set up tours, give advice and negotiate with sellers.
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