High-end investment opportunity by the U of M! This house was purchased in 2023 as, essentially, a full rehab, but the owner continued to do some much-needed work to it to get it rent-ready and to put the finishing touches on! It's such a great property in the University of Memphis area and a RARE 4/2! A/C replaced Oct. 25, with new cage. New fence installed 2024, along with roof repair and removal of 2 big trees that used to be in the front. The house was turned prior to current tenant moving in Feb. 2024. Tenant pays $1790, with $1639 paid by MHA/Sec. 8. Lease in effect until 1/31/26, so it may renew soon after listing goes live. No showings until accepted contract; do not disturb tenant. No seller-financing will be considered.
For sale
$199,900
3548 Carrington Rd, Memphis, TN 38111
4beds
2,376sqft
Est.:
Single Family Residence
Built in 1950
9,147.6 Square Feet Lot
$195,000 Zestimate®
$84/sqft
$-- HOA
What's special
Roof repair
- 46 days |
- 116 |
- 2 |
Zillow last checked: 8 hours ago
Listing updated: December 09, 2025 at 03:48am
Listed by:
Randall C Weatherall,
Memphis Metro Realty 901-352-6200
Source: MAAR,MLS#: 10211012
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Primary bedroom
- Level: First
- Dimensions: 0 x 0
Bedroom 2
- Level: First
Bedroom 3
- Level: Second
Bedroom 4
- Level: Second
Dining room
- Features: Separate Dining Room
- Dimensions: 0 x 0
Kitchen
- Features: Eat-in Kitchen, Washer/Dryer Connections
Living room
- Features: Separate Living Room
- Dimensions: 0 x 0
Den
- Dimensions: 0 x 0
Heating
- Other (See REMARKS)
Cooling
- Central Air
Features
- 1 or More BR Down, Primary Down, Full Bath Down, Sprayed Ceiling, Square Feet Source: AutoFill (MAARdata) or Public Records (Cnty Assessor Site)
- Flooring: Wood Laminate Floors, Tile, Vinyl
- Number of fireplaces: 1
- Fireplace features: Masonry, In Den/Great Room
Interior area
- Total interior livable area: 2,376 sqft
Property
Parking
- Parking features: Driveway/Pad
- Has uncovered spaces: Yes
Features
- Stories: 2
- Patio & porch: Porch
- Pool features: None
Lot
- Size: 9,147.6 Square Feet
- Dimensions: 50 x 185
- Features: Some Trees, Level
Details
- Parcel number: 058047 00024
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Single Family Residence
Materials
- Brick Veneer, Vinyl Siding
- Roof: Composition Shingles
Condition
- New construction: No
- Year built: 1950
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Johnsons E N Park Ave Place
Location
- Region: Memphis
Financial & listing details
- Price per square foot: $84/sqft
- Tax assessed value: $102,300
- Annual tax amount: $1,684
- Price range: $199.9K - $199.9K
- Date on market: 12/9/2025
- Listing terms: Conventional
Estimated market value
$195,000
$185,000 - $205,000
$1,645/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 12/9/2025 | Listed for sale | $199,900+5.2%$84/sqft |
Source: | ||
| 12/18/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 12/9/2023 | Listed for rent | $1,700+25.9%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 11/30/2023 | Sold | $190,000+40.7%$80/sqft |
Source: | ||
| 11/22/2023 | Pending sale | $134,999$57/sqft |
Source: | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $1,684 +8.1% | $25,575 |
| 2023 | $1,558 | $25,575 |
| 2022 | -- | $25,575 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$1,215/mo
Principal & interest
$985
Property taxes
$160
Home insurance
$70
Climate risks
Neighborhood: East Memphis-Colonial-Yorkshire
Nearby schools
GreatSchools rating
- 4/10Sherwood Elementary SchoolGrades: PK-5Distance: 0.6 mi
- 5/10Sherwood Middle SchoolGrades: 6-8Distance: 0.5 mi
- 3/10Melrose High SchoolGrades: 9-12Distance: 1.3 mi



