Property Attributes
- MLS#10225203
- TypeSingle Family
- Listing Status Active
- CountySHELBY
- CityMemphis
- AreaEgypt Central
- NeighborhoodTIMBERLAKE
- Zip38128
- StyleRanch
- Year Built1981
- Taxes$ 1116
- Price$ 110,999
- Bedrooms3
- Full Bathrooms2
- Half Bathrooms0
- Sqr Footage1089
- Lot Size0.25 Acres
Data Source:
Memphis MLS (MAAR)
Property Description
Ideal for investors seeking reliable rental income in a high-demand North Memphis corridor. We are NOT 3872 Windermere Rd, can be shown without an accepted offer. Cash-flowing 3-bed, 2-bath investment property in Raleigh, currently rented at $1225.00/month. Recent exterior updates to make this home ready for its next owner. Features a functional layout and large corner lot. Located in a strong workforce rental area near Nike and Amazon fulfillment centers, with easy I-40 access to Downtown Memphis. Nearby amenities include shopping and groceries along Austin Peay Hwy, Harry C. Pierotti Park, Raleigh Spring Rented for $1225/mo, this cash-flowing investment property is ready for a new owner. With 3 beds, 2 full baths and a large corner lot, this home has it all. - Sold As-is, 10 day inspection, no seller credits or negotiation period
| Price History | |
|---|---|
| 7/2/2026 | Listed $121,000 |
| 7/27/2026 | 1$120,450 |
| 8/24/2026 | 1$119,750 |
| 8/28/2026 | 4$115,750 |
| 9/4/2026 | 2$114,500 |
| 9/9/2026 | 2$112,499 |
| 9/25/2026 | 2$110,999 |
General Features
| Heating | Central,Gas |
|---|---|
| Cooling | Ceiling Fan(s),Central |
| Status | Active |
| Full Baths | 2 |
| Legal Subdivision Name | TIMBERLAKE SEC B |
| Style | Ranch |
| Stories Count | 1 |
| County | Shelby |
| Class | Residential |
| Type | Detached Single Family |
| Condo | No |
| Area | 731C |
| Parcel Number | 090071 00001 |
| Status | Active |
| Annual City Tax | 546 |
| Annual County Tax | 570 |
| Sale/Rent | For Sale |
| Area | Egypt Central |
| Service Type | Full Service Listing |
| Neighborhood Association | None |
| Year Built | 1981 |
| Directions | From New Allen Rd and Frayser Blvd proceed east on Frayser to Windermere Dr and turn left (north). Proceed to the last house on the right,address 3878 Windermere Dr. |
| City | Memphis |
| DOM | 85 |
Interior Features
| Dining Room | x |
|---|---|
| Living Room | Separate Living Room |
| Living Room Dimensions | x |
| Beds | 3 |
| Total Baths | 2 |
| Number of Rooms | 6 |
| Downstairs Bedrooms | 3 |
| FLOORS/CEILINGS | Wood Laminate Floors |
Exterior Features
| Pool | None |
|---|---|
| Lot | 236 |
| Lot Size Area | 0.25 |
| Lot Size | 101X112 |
| Parking Display | N0 |
| Lot Description | Corner |
| PARKING/STORAGE | Driveway/Pad |
| EXTERIOR/WINDOWS | Stone,Wood/Composition |
| Misc. Exterior | Wrought Iron Security Drs |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
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