3881 MARION AVE, Memphis, TN 38111

$200,000 Asking Price

2 beds
2 baths
Built in 1950

Discover this charming property in the desirable Normal Station neighborhood—perfect for both investors and first-time home buyers! With great curb appeal, this 3-bedroom, 2-bathroom home offers versatility and value. Currently rented for $1,500 per month with a lease in place until June 2025, this property provides a steady income stream for investors. Its prime location near the University of Memphis and Memphis' top attractions ensures consistent demand and convenience for tenants.

Features & Amenities

Interior

General:
All Window Treatments,Smoke Detector(s)
Rooms:
6
Appliances:
Range/Oven,Cooktop,Disposal,Dishwasher,Refrigerator,Washer,Dryer,Cable Available
Flooring:
Part Hardwood,Tile
A/C:
Central
Heating:
Central
Fireplace:
In Living Room

Exterior

General:
Brick Veneer,Vinyl Siding, Wrought Iron Security Drs,Storage Building
Style:
Traditional
Pool:
None
Parking:
Driveway/Pad,Front-Load Garage,Gated Parking, Parking spaces: 2

Construction

General:
1

Location

County:
Getwell/Park

Lot

Zoning:
046037 00010

This listing courtesy of:
The Firm

About Memphis, TN

Housing

Number of Units
296,697
Median Home Value
$154,311
Median Rent
$742

52.07% of housing units are renter occupied.

10.48% are vacant.

Commute

Car
82.14%
Public Transportation
1.16%
Walk to Work
1.09%
Work from Home
14.58%
Other
0.84%

The median travel time to work is 21 minutes.

People

Population
676,522
Median Age
35.70
Median Household Size
2.54

Education

High School
30.26%
Associate’s Degree
6.19%
Bachelor’s Degree
15.99%
Graduate Degree
11.09%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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