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Listed price in listed location currency (USD).
$110,000

210

MLS® 10220996

Overview

Key Facts

Type Single Family Residence
Levels Residential
Size -
Garage 
Taxes 
Days Active 13
Lot Size 
Approx. Age 1950
MLS® Number 10220996

Property Address: 3816 Allandale Ln, Memphis, TN, 38111-6569

Average square foot calculated using Size range provided by listing agent.

Description

This well-maintained 2-bedroom, 1-bath property is a fantastic investment opportunity, featuring a reliable, long-term tenant who has called it home for over 10 years. The tenant is in good standing and currently pays $875 per month, offering immediate, consistent income from day one. Even better, the rent is below market value, presenting clear potential for future increases and improved returns. Ideally located with convenient access to shopping, dining, and I-240, this property combines stability with upside potential. Whether you’re looking to expand your investment portfolio or take your first step into real estate investing, this is a smart, income-producing opportunity you won’t want to miss. Please do not disturb the tenant. This is a tenant-occupied property, and all tenant rights apply.
MLS® Number10220996
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1950
Basement
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Rooms

Master Bedroom:Not available

Price History

-End Date
Not Sold YetSold Price

For Sale

May 7, 2026List Date
$110,000List Price
Apr 1, 2025End Date
$100,000Sold Price

Sold

Jan 14, 2026List Date
$110,000List Price

Home Estimate Zoopraisal®

This property is estimated to sell between: $110,000 and $153,000.
Similar properties in this area sold on average for: $138,080
Expected to sell in 31 days. Similar properties sold in 44 days. This home has been on Zoocasa for 13 days.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

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