For sale

$89,900

3798 Ford Rd, Memphis, TN 38109

3beds

960sqft

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Single Family Residence

Built in 1970

7,840 Square Feet Lot

$-- Zestimate^®

$94/sqft

$-- HOA

What's special

This property will make a great first rental property or add to your rental portfolio! This property is perfect for DSCR financing! The section 8 tenant has been in the home since the owner purchased it in 2019! The monthly rent is $825 which is in line with the 1% rule that most investors look for. The lease is up 9/26/2026. This home is professionally managed. It is 3 minutes from Levi Elementary School, 10 minutes from Mississippi state line, 15 minutes from Downtown, 5 minutes from Whitehaven area, and 12 minutes from Graceland! Call today for more info! No seller financing and no wholesalers. (Tax records show 2 bedrooms, but it is 3 bedrooms)

111 days

97

6

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Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 1
Full bathrooms: 1

Rooms

Room types: Other (See Remarks)

Primary bedroom

Features: Carpet
Level: First
Dimensions: 0 x 0

Bedroom 2

Features: Shared Bath, Carpet
Level: First

Bedroom 3

Features: Shared Bath, Carpet
Level: First

Primary bathroom

Features: Tile Floor

Dining room

Dimensions: 0 x 0

Kitchen

Features: Eat-in Kitchen, Washer/Dryer Connections, W/D Connection in Kitchen

Living room

Features: Separate Living Room
Dimensions: 0 x 0

Den

Dimensions: 0 x 0

Heating

Central

Cooling

Window Unit(s), Ceiling Fan(s)

Appliances

Included: Electric Water Heater, Other (See REMARKS)

Features

All Bedrooms Down, 1 or More BR Down, Full Bath Down, Square Feet Source: AutoFill (MAARdata) or Public Records (Cnty Assessor Site)
Flooring: Part Carpet, Tile, Vinyl
Attic: Attic Access
Has fireplace: No

Interior area

Total interior livable area: 960 sqft

Property

Parking

Total spaces: 1
Parking features: Driveway/Pad, Storage, Other (See REMARKS)
Covered spaces: 1
Has uncovered spaces: Yes

Features

Stories: 1
Patio & porch: Porch, Patio
Exterior features: Storage, Sidewalks
Pool features: None
Fencing: Chain Link,Wrought Iron

Lot

Size: 7,840 Square Feet
Dimensions: 66 x 120
Features: Some Trees, Level

Details

Parcel number: 075094 00021

Construction

Type & style

Home type: SingleFamily
Architectural style: Traditional
Property subtype: Single Family Residence

Materials

Brick Veneer
Foundation: Slab
Roof: Composition Shingles

Condition

New construction: No
Year built: 1970

Community & HOA

Community

Security: Security System, Smoke Detector(s), Wrought Iron Security Drs
Subdivision: Indian Hills

Location

Region: Memphis

Financial & listing details

Price per square foot: $94/sqft
Tax assessed value: $75,000
Annual tax amount: $988
Price range: $89.9K - $89.9K
Date on market: 3/30/2026
Cumulative days on market: 111 days
Listing terms: Conventional

Estimated market value

Not available

Estimated sales range

Not available

$1,180/mo

Price history

Date	Event	Price
3/30/2026	Listed for sale	$89,900+143%$94/sqft
Source: MAAR #10218002 Report a problem
9/20/2019	Sold	$37,000-2.6%$39/sqft
Source: MAAR #10059840 Report a problem
8/16/2019	Listed for sale	$38,000$40/sqft
Source: The Peyton Co., Inc., REALTORS #10059840 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$988 +26.9%	$18,750 +58.6%
2024	$779 +8.1%	$11,825
2023	$720	$11,825
2022	--	$11,825
2021	--	$11,825 +41.6%
2020	$267	$8,350
2019	$267 -21.1%	$8,350
2018	$338 -45.1%	$8,350
2017	$616 +103.7%	$8,350 -6.2%
2016	$303 -21.6%	$8,900
2014	$386	$8,900
2013	--	$8,900 -26.4%
2012	--	$12,100
2011	--	$12,100
2010	--	$12,100
2009	--	$12,100 -11.4%
2008	--	$13,650
2007	--	$13,650
2006	--	$13,650
2005	--	$13,650 +29.7%
2004	--	$10,525
2003	--	$10,525
2002	--	$10,525
2001	--	$10,525 +7.4%
2000	--	$9,800

Find assessor info on the county website

Monthly payment

Est. payment

Payment breakdown

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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

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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