3880 SPOTTSWOOD AVE, Memphis, TN 38111

$229,900 Asking Price

4 beds
2 baths
Built in 1950

Investment opportunity. Investors only! Tenant occupied and professionally managed home in a great location. Currently rented for $1840/mo with a $1700 security deposit on file. Lease ends 8/31/25 Great location for students!!! Walking distance to University of Memphis -- Next to U of M sports complex and recreation centers. Truly an amazing buy and hold rental location. Could be a great primary residence, buy and hold rental, or Airbnb opportunity. No wholesale, subject to or creative financing...cash or conventional offers only. NO SHOWINGS WITHOUT AN ACCEPTED OFFER, DO NOT APPROACH OR DISTURB TENANT.

Features & Amenities

Interior

Rooms:
7
Flooring:
Part Carpet
A/C:
Central
Heating:
Central

Exterior

General:
Brick Veneer, Other (See REMARKS)
Style:
Traditional
Pool:
None
Parking:
Driveway/Pad, Parking spaces: 0

Construction

General:
1

Location

County:
Getwell/Park

Lot

Zoning:
046044 00020

This listing courtesy of:
Crye-Leike, Inc., REALTORS

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.

Similar Homes

Message

Interested in this home?

Request more information: