3
beds
2
baths
Built in
1959
Presenting an excellent investment opportunity at 3585 Millard! This well-maintained 3-bedroom, 2-bathroom home is currently tenanted until October 2025 with a monthly rent of $1,415, offering reliable, steady rental income for the next few years. The home features a spacious, open living area filled with natural light, perfect for both relaxing and entertaining. The kitchen is equipped with modern appliances and plenty of cabinet space, while the cozy dining nook is ideal for home meals. The three generously sized bedrooms offer ample space, and the two updated bathrooms provide comfort and convenience for tenants. The large, private backyard provides plenty of space for outdoor activities and offers tenants a great spot to unwind. Situated in a desirable Memphis neighborhood, this home is located near schools, dining, and major highways. This property is perfect for investors looking for an income-generating asset with a reliable tenant in place through October 2025.
-
Listing Status:
-
Active
-
Date Added:
- January 10, 2025
—
93 days ago
-
Listing Office:
-
Foundation Property Management
-
Office Phone:
-
901-633-1484
-
MLS ID:
-
10187846
Features & Amenities
Interior
- Rooms:
- 3
- Flooring:
- Part Carpet
- A/C:
- Central
- Heating:
- Central
- Fireplace:
- Fireplaces: 1
Exterior
- General:
- Wood/Composition, Porch
- Style:
- Traditional
- Pool:
- None
- Parking:
- Driveway/Pad, Parking spaces: 0
Construction
- General:
- 1
Location
- County:
- Mitchell/Westwood
Lot
- Zoning:
- 075082 00019
This listing courtesy of:
Foundation Property Management
Monthly Payment
For Regular Military with Good Credit and a 30 Year Loan with 0% Down
- Principal & Interest $1,024
- Taxes $150
- Insurance $44
- VA Funding Fee $10
*Your actual payment may vary based on your unique situation.
$1,227 Est. Payment
-
$--- BAH
=
$--- Remaining
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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