This property will make a great first rental property or add to your rental portfolio! This property is perfect for DSCR financing! The section 8 tenant has been in the home since the owner purchased it in 2019! The monthly rent is $825 which is in line with the 1% rule that most investors look for. The lease is up 9/26/2026. This home is professionally managed. It is 3 minutes from Levi Elementary School, 10 minutes from Mississippi state line, 15 minutes from Downtown, 5 minutes from Whitehaven area, and 12 minutes from Graceland! Call today for more info! No seller financing and no wholesalers. (Tax records show 2 bedrooms, but it is 3 bedrooms)
Ford Road, located between Raleigh-Millington Road and Austin Peay Highway, is a residential and commercial Memphis neighborhood with a wide-lane corridor and low-slung storefront strips. The neighborhood’s energy concentrates around the Ford Rd & Raleigh-Millington Rd junction, where auto shops, barbers, takeout counters, and small service businesses line the roadway. Housing trends toward mid-century ranch homes and newer infill on generous lots, with long driveways and mature trees shaping the streetscape. Daily life orbits around errands and local dining rather than a single walkable main street. Nearby green space and riverfront landscapes set a quieter edge to the area’s geography.
Provided by Walk Score and Local Logic
Offer insights
3798 Ford Rd · $82,900
$82.89K and above
75% chance or better to win
Why $82.89K+ is a strong offer
DAYS ON MARKET
156 days
The average home goes pending in 35 days.
SALE-TO-LIST
96.7%
Most homes are selling 3% below list price.
About offer insights
Property details
Interior
Exterior
Finance
Living
Interior features
Attic access
Security system
Smoke detectors
Pet-free (no cats/dogs)
Other interior features noted in remarks
Bedrooms
3 bedrooms, all on the main level
Primary bedroom with carpet
Bedrooms 2 and 3 with carpet and shared bathroom
Bathrooms
1 full bathroom
Primary bath with tile flooring
Kitchen
Eat-in kitchen
Washer/dryer connection located in the kitchen
Laundry & utility
Washer/dryer connections
Flooring
Tile
Carpet (part)
Vinyl
Other flooring noted in remarks
Heating & cooling
Central heating
Ceiling fans
Window air conditioning units
Exterior features
Wrought-iron security doors
Front porch
Patio
Outdoor storage
Sidewalks
Brick veneer exterior
Chain and iron fencing
Level lot with some trees
Home design
Detached single-family home
Traditional style
Single-story
Built in 1970
Parking
1 covered parking space
Driveway/pad
Additional storage room(s)
Security
Wrought-iron security doors
Security system
Smoke detectors
Construction
Slab foundation
Composition shingle roof
Brick veneer construction
Utilities
Electric water heater
Public utilities (water/sewer implied)
Financial info
Conventional financing available
Electricity and solar
View estimated energy costs and solar savings for this home
Memphis Area Association of Realtors(R) MLS #10218002
Jul 24, 2026
Price Changed
$82,900
Mar 30, 2026
Listed
$89,900
Memphis Area Association of Realtors(R) MLS #10059840
Sep 20, 2019
Sold
$37,000
Aug 14, 2019
Listed
$38,000
Stylish home for the homeowner and investor. Inside occupied by tenant in the process of moving. Interior is almost in immaculate condition. Roof 7 yrs old. Wrought Iron gate to enter backyard and driveway continues to a storage shed which consist of a 1 car cover parking. Home is gorgeous inside and out. Levy Elementary is just minutes away.
Public Records
Aug 7, 1969
Sold
$14,600
Year
Property tax
Land + Additions
Assessment*
2025
$988 (+26.9%)
$2,450 + $16,300
$18,750
2024
$779 (+8.1%)
$2,450 + $16,300
$18,750
2023
$720
$1,975 + $9,850
$11,825
2022
$720 (−1.2%)
$1,975 + $9,850
$11,825
2021
$729 (+20.5%)
$1,975 + $9,850
$11,825
2020
$605
$1,975 + $9,850
$11,825
2019
$605
$1,975 + $6,375
$8,350
2018
$605 (+76.3%)
$1,975 + $6,375
$8,350
2017
$343 (−11.5%)
$1,975 + $6,375
$8,350
2016
$388
$1,975 + $6,375
$8,350
2014
$388
$1,975 + $6,925
$8,900
Public record
Public record
Zoning
Permits
Beds
2
Baths
1
Stories
1
Lot width
66 ft.
Lot depth
120 ft.
Lot size
7,920 Sq. Ft.
Year renovated
—
Finished Sq. Ft.
960
Unfinished Sq. Ft.
—
Total Sq. Ft.
960
Year built
1970
Style
Single Family Residential
County
Shelby County
APN
075094 00021
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 14, 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
Oct 7, 2020 • Final
Residential plumbing
Install a new water heater in the storage room.
Plumbing
Water heater
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
16% chance of strong winds in next 30 years
2/10 Air Factor
2 unhealthy days expected this year, 2 days in 30 years
Provided by First Street
Historical weather
Memphis, TN • 38109
Average low and high temperatures (°F)
46
30
56
38
71
50
77
58
78
63
87
72
92
76
89
71
85
67
77
57
65
49
54
39
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
95/ 100
Exceptional sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
10.1 hrs
6.4 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 3798 Ford Rd
$75,217
$7,683 under list price of $83K
Nearby comparable homes
The Redfin Estimate uses 5 recent nearby sales, priced between $62K to $106K.