Calling all investors—don’t let this income-producing opportunity pass you by! This charming three-bedroom, one-bath home is already leased for $1,300 per month through August 5, 2027, offering immediate rental income without the hassle of searching for a tenant. The home features a spacious living area, separate dining room, eat-in kitchen, central heat and air, and a large fenced backyard with mature trees. With a lease already in place and income from day one, this could be the perfect addition to your growing rental portfolio. Opportunities like this don’t stay available for long—schedule your showing today! Tenant occupied; please do not disturb. This property is 1 of 30 in the portfolio for sale.
Hadley & Prescott, located between Hadley St and Prescott St, is a residential and historic Memphis neighborhood with a gridded street plan and a porch-lined streetscape. The neighborhood’s character concentrates around the Hadley St & Prescott St crossroads, where front-yard conversations and slow local traffic set the tempo. Housing reads as early-to-mid-century Memphis: compact lots, mature trees, and a mix of modest bungalows and traditional single-story homes. Daily life ties to nearby green space and community institutions rather than big commercial strips. The atmosphere feels grounded and block-oriented, with sidewalks and shade doing much of the work.
Provided by Walk Score and Local Logic
Offer insights
3432 Radford Rd · $150,000
$151K and above
75% chance or better to win
Why $151K+ is a strong offer
DAYS ON MARKET
6 days
The average home goes pending in 38 days.
SALE-TO-LIST
96.8%
Most homes are selling 3% below list price.
About offer insights
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Interior features
Six total rooms
Single-story
Floors/ceilings: see remarks
Bedrooms
3 bedrooms
Bathrooms
1 full bathroom
Heating & cooling
Central heating
Central cooling
Exterior features
No pool
Exterior/windows: see remarks
Miscellaneous exterior: see remarks
Home design
Detached single-family home
Traditional style
Existing property
Built in 1946
Parking
Other parking/storage (see remarks)
Utilities
Acreage approximately 0.17 acres
Lot dimensions 50 x 156
Parcel ID 058003 00033C
Electricity and solar
View estimated energy costs and solar savings for this home
Memphis Area Association of Realtors(R) MLS #10229968
Sep 8, 2026
Listed
$150,000
APPFOLIO #5
Aug 5, 2026
Rental Removed
$1,450
Aug 1, 2026
Price Changed
$1,450
Jul 8, 2026
Listed for Rent
$1,640
Jun 28, 2026
Rental Removed
$1,640
May 18, 2026
Listed for Rent
$1,640
Memphis Area Association of Realtors(R) MLS #10210216
May 14, 2026
Sold
$62,500
Jan 8, 2026
Price Changed
$70,000
Nov 21, 2025
Listed
$75,000
TENANT OCCUPIED, DO NOT DISTURB TENANT. Drive by ONLY! Property is rented for $995/month & the lease expires 4/30/2026. Cash tenant. Copy of the lease available upon request. No showings without an accepted contract. Make offers contingent on inspection. Being sold as a package along with 3432 Radford 38111, 5090 Belfast 38127, 686 Delta 38109, 782 Frayser 38127, 4401 Guildhall 38128, & 3651 N Trezevant 38127. The seller would like to sell all properties as a package but they can be sold individually as well. Contact a local realtor and make your offer today!
PROPERTYWARE #4
Apr 18, 2025
Rental Removed
$1,095
Apr 14, 2025
Listed for Rent
$1,095
Feb 19, 2025
Rental Removed
$1,095
Jan 26, 2025
Price Changed
$1,095
Jan 16, 2025
Price Changed
$1,195
Dec 9, 2024
Listed for Rent
$1,295
Memphis Area Association of Realtors(R) MLS #10122105
May 31, 2022
Sold
$120,000
Apr 20, 2022
Listed
$125,000
+10
Great Investment property!! 4 BD 1 BA, Recent renovation, new roof, electric, paint, floors, new kitchen and bath, new plumbing from the street and into the house. Window units for AC/Heat. ALL APPLIANCES STAY, INCUDING WASHER/DRYER. AS-IS Sale. DO NOT Disturb tenants, current tenants lease expires August 2022, possibly will renew. Paying $1,200 monthly. No showings, until accepted offer.
Memphis Area Association of Realtors(R) MLS #10090769
Feb 7, 2022
Sold
$65,000
Jan 18, 2022
Price Changed
$75,000
Aug 9, 2021
Price Changed
$80,000
May 28, 2021
Price Changed
$85,000
May 18, 2021
Price Changed
$94,900
Mar 12, 2021
Price Changed
$99,900
Feb 21, 2021
Price Changed
$109,900
Jan 26, 2021
Price Changed
$119,900
Jan 10, 2021
Price Changed
$124,900
Dec 22, 2020
Listed
$129,900
Memphis Area Association of Realtors(R) MLS #3
May 10, 2019
Price Changed
$22,499
Memphis Area Association of Realtors(R) MLS #2
Jul 24, 2018
Price Changed
$22,500
Public Records
Jun 5, 2017
Sold
$12,000
Memphis Area Association of Realtors(R) MLS #1
Mar 15, 2017
Price Changed
$20,000
Public Records
Feb 13, 1992
Sold
$6,000
Year
Property tax
Land + Additions
Assessment*
2025
$1,490 (+127.4%)
$2,450 + $25,825
$28,275
2024
$655 (+8.1%)
$2,450 + $25,825
$28,275
2023
$606
$1,000 + $8,950
$9,950
2022
$606 (−1.2%)
$1,000 + $8,950
$9,950
2021
$613 (+31.2%)
$1,000 + $8,950
$9,950
2020
$467
$1,000 + $8,950
$9,950
2019
$467
$1,000 + $5,450
$6,450
2018
$467 (+76.3%)
$1,000 + $5,450
$6,450
2017
$265 (−5.7%)
$1,000 + $5,450
$6,450
2016
$281
$1,000 + $5,450
$6,450
2014
$281
$1,000 + $5,450
$6,450
Public record
Public record
Zoning
Permits
Beds
2
Baths
1
Stories
1
Lot width
50 ft.
Lot depth
156 ft.
Lot size
7,813 Sq. Ft.
Year renovated
2006
Finished Sq. Ft.
1,104
Unfinished Sq. Ft.
—
Total Sq. Ft.
1,104
Year built
1946
Style
Single Family Residential
County
Shelby County
APN
058003 00033C
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Sep 10, 2026.
R-6
Residential Single Family-6 District
The single-family residential districts are intended to accommodate one single-family detached principal dwelling unit per lot. These districts should be applied in areas where the land-use pattern is predominately single-family residential or where such a land use pattern is desired in the future. Five single-family residential districts are established-R-6 which are differentiated primarily on the basis of minimum lot area and setback requirements. New R-6 districts are generally located in an infill or redevelopment location where similar lot sizes are part of the original fabric of development. Additionally, R-6 districts should have a shared street network with and are generally located at least 500 to 1,000 ft from a CMU-1, CMU-2, CMU-3, or CBD district.
Permitted uses
Include but are not limited to:
Religious facility
Housing-Senior
Infrastructure
Educational / school
Fire house
Police station
Recreation
Park & open space
May 10, 2023 • Final
Residential electrical
Replace damaged electrical wiring and install a new service panel.
Electrical
Oct 7, 2020 • Final
Residential electrical
Relocate an electrical panel.
Electrical
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
6/10 Heat Factor
7 days above 109° expected this year, 21 days in 30 years
4/10 Wind Factor
18% chance of strong winds in next 30 years
3/10 Air Factor
2 unhealthy days expected this year, 3 days in 30 years
Provided by First Street
Historical weather
Memphis, TN • 38111
Average low and high temperatures (°F)
46
30
57
37
71
50
77
58
78
63
88
72
92
77
90
72
85
68
77
57
65
49
54
39
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
90/ 100
Exceptional sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.4 hrs
6.3 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 3432 Radford Rd
$149,230
$770 under list price of $150K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $65K to $205K.