Great Investment opportunity! This property is in good condition and is cash flowing. Current rent is $910. 00 per month, and lease expires 6/30/21. Showings and inspections allowed only after offer is accepted, no exceptions. Do not disturb the tenant; Bring all offers!
Single-familyProperty Type
1967Year Built
8,712 sq ftLot Size
$112Est. Price/Sq.Ft.
1 spaceParking
Listed by Roxanne King• Meridian National Realty, LLC
Memphis Area Association of Realtors(R) MLS #10084867
Nov 19, 2020
Sold
$97,000
$69/sq ft
Sep 14, 2020
Listed
$105,000
$75/sq ft
Memphis Area Association of Realtors(R) MLS #10041373
Jan 10, 2019
Sold
$66,000
$47/sq ft
Nov 27, 2018
Listed
$69,000
$49/sq ft
+4
Good bones on this great investment opportunity in highly sought after neighborhood in Memphis! Seller has kept the property cashflowing and updated the last four years. Note, property is currently rented for $875 monthly, lease ends 11/30/19. Please do not disturb tenants!
Public Records
Nov 7, 2013
Sold
$183,500
$131/sq ft
Memphis Area Association of Realtors(R) MLS #3271787
Aug 12, 2013
Sold
$44,001
$31/sq ft
May 15, 2013
Listed
$44,000
$31/sq ft
+7
This is a Fannie Mae HomePath. property. Purchase this property for as little as 3% down!This property is approved for HomePath Renovation Mortgage Financing. This 3 bdrms, 2 bath Den, LR, sep DR. Won't Last Long. Let's look today!!
Public Records
May 13, 2004
Sold
$90,000
$64/sq ft
Memphis Area Association of Realtors(R) MLS #2553254
Jan 26, 2004
Sold
$54,900
$39/sq ft
Oct 23, 2003
Listed
$54,900
$39/sq ft
Memphis Area Association of Realtors(R) MLS #9912890
Aug 20, 1999
Sold
$80,000
$57/sq ft
Jul 6, 1999
Listed
$79,900
$57/sq ft
Public Records
May 9, 1967
Sold
$18,600
$13/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$1,870 (+19.3%)
$4,275 + $31,200
$35,475
2024
$1,567 (+8.1%)
$4,275 + $31,200
$35,475
2023
$1,450
$3,550 + $20,250
$23,800
2022
$1,450 (−1.2%)
$3,550 + $20,250
$23,800
2021
$1,467 (+17.7%)
$3,550 + $20,250
$23,800
2020
$1,246
$3,550 + $20,250
$23,800
2019
$1,246
$3,550 + $13,650
$17,200
2018
$1,246 (+76.3%)
$3,550 + $13,650
$17,200
2017
$707 (+0.1%)
$3,550 + $13,650
$17,200
2016
$706
$3,550 + $13,650
$17,200
2014
$706
$3,550 + $12,625
$16,175
Tax history for 3864 Marston Rd
Year
Property tax
Land + Additions
Assessment*
2025
$1,870 (+19.3%)
$4,275 + $31,200
$35,475
2024
$1,567 (+8.1%)
$4,275 + $31,200
$35,475
2023
$1,450
$3,550 + $20,250
$23,800
2022
$1,450 (−1.2%)
$3,550 + $20,250
$23,800
2021
$1,467 (+17.7%)
$3,550 + $20,250
$23,800
2020
$1,246
$3,550 + $20,250
$23,800
2019
$1,246
$3,550 + $13,650
$17,200
2018
$1,246 (+76.3%)
$3,550 + $13,650
$17,200
2017
$707 (+0.1%)
$3,550 + $13,650
$17,200
2016
$706
$3,550 + $13,650
$17,200
2014
$706
$3,550 + $12,625
$16,175
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Permits
Beds
3
Baths
2
Stories
1
Lot width
70 ft.
Lot depth
125 ft.
Lot size
8,750 Sq. Ft.
Year renovated
—
Sq. Ft.
1,534
Year built
1967
Style
Single Family Residential
County
Shelby County
APN
074034 A00056
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 mechanical
Replace a water heater and perform an air test on the existing gas line.
Gas
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.