Pending

Price cut: $7K (7/23)

$82,900

3798 Ford Rd, Memphis, TN 38109

3beds

960sqft

$588/mo

Get pre-qualified

Single Family Residence

Built in 1970

7,840 Square Feet Lot

$-- Zestimate^®

$86/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)

157 days
164
12

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: $86/sqft
Tax assessed value: $75,000
Annual tax amount: $988
Price range: $82.9K - $82.9K
Date on market: 3/30/2026
Cumulative days on market: 158 days
Listing terms: Conventional

Estimated market value

Not available

Estimated sales range

Not available

$1,196/mo

Price history

Date	Event	Price
9/2/2026	Pending sale	$82,900$86/sqft
Source: MAAR #10218002 Report a problem
7/23/2026	Price change	$82,900-7.8%$86/sqft
Source: MAAR #10218002 Report a problem
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