$139,900
 $751 est/mo Sourced by Back At You

3048 Kingsgate Ave,Memphis, TN 38118

Memphis, TN 38118

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Description

Fantastic investment opportunity. Seller has 7 properties for sale. 6 SFH & 1 Duplex. This property is leased at $985/mo. through 10/31/2026. Providing immediate cash flow while you plan your future value-add strategy. Please do not disturb the tenant. Property being sold as-is. No wholesalers, or creative financing. Showings/Inspections after contract. This property is currently being professionally managed by Reed & Associates of TN, LLC. This charming home offers 3-bedrooms, 1.5-bathrooms, large open living and dining room, & a galley kitchen. Tiled & carpet flooring. A large backyard and a single car carport.

Details

MLS #10223559
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusActive
Year1967
Days On Site93
Listing Provided ByReed & Associates of Tenn, LLC | Benjamin Reed

Features

Bed(s)3
Bath(s) 1 Total
Garage1
Story(s)1
Acreage0.23
Property ViewLevel

Interior

Number Of Rooms6
CoolingCentral
HeatingCentral

Exterior

Lot DescriptionLevel

Area Information

StateTN
CountyShelby
CityMemphis
Zip Code38118
AreaWhitehaven | Tchulahoma
Subarea773A
Community NameKENSINGTON GARDENS BLK H 1
Listing VS Median (in KENSINGTON GARDENS BLK H 1)
Price:
$139,900
low | high
Med:
$0
On site:
93
low | high
Med:
Sourced by Back At You

Market Activity 38118

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Additional Information


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Learn More About This Property

StateTN
CountyShelby
CityMemphis
Zip Code38118
AreaWhitehaven | Tchulahoma
Subarea773A
Community NameKENSINGTON GARDENS BLK H 1
Listing VS Median (in KENSINGTON GARDENS BLK H 1)
Price:
$139,900
low | high
Med:
$0
On site:
93
low | high
Med:
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $104K - $174K
sqft: 0 - 0
Listing Updated: June 22, 2026 at 9:16:52 AM PDT
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