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3789 Fairoaks Ave

Memphis, TN 38122
  • $439,500
  • STATUS: Active
  • ON SITE: 43 Days
  • MLS #: 10196474
UPDATED: 96 min ago
$439,500
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
Built:
1949
County:
Area:

School Ratings & Info

Description

MULTIPLE PROPERTY PORTFOLIO CAN ONLY BE BOUGHT IN BULK, TOTAL PRICE IS 439.5K Four investment properties available. Seller is seeking bulk offers. 3218 Thirteen Colony Mall #1A -- 3 beds, 2.1 baths, currently vacant, recent repairs, in good condition, hoa is $225/mo. 1936 Frisco -- 3 beds, 1 bath, new roof and hvac in 2021, currently rented for $795/mo. lease is MTM. 3789 Fairoaks -- 4 beds, 1 bath, currently rented for $1100/mo. Lease exp. 10/23/25. 4947 Demeter -- 3 beds, 2 baths, currently rented for $1700/mo. Lease exp 9/30/25 Properties are professionally managed by Lubin. DO NOT APPROACH OR DISTURB THE TENANTS, NO SHOWINGS OF TENANT OCCUPIED PROPERTIES WITHOUT AN ACCEPTED CONTRACT.

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© 2025 Memphis Area Association of REALTORS®. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Red Sea Realty Co LLC. Some or all of the listings displayed may not belong to the firm whose website is being visited. Data last updated: 2025-06-25T00:03:33.597.
www.redsearealtyco.com/homes/163701069
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3789 Fairoaks Ave Memphis, TN 38122

  • Price: $439,500
  • Status: Active
  • On Site: 43 Days
  • Updated: 96 min ago
  • MLS #: 10196474
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1949
Built
Neighborhood:
Chandler & Chandler Leawood
County:
Shelby
Area:
Kingsbury
Property Description
MULTIPLE PROPERTY PORTFOLIO CAN ONLY BE BOUGHT IN BULK, TOTAL PRICE IS 439.5K Four investment properties available. Seller is seeking bulk offers. 3218 Thirteen Colony Mall #1A -- 3 beds, 2.1 baths, currently vacant, recent repairs, in good condition, hoa is $225/mo. 1936 Frisco -- 3 beds, 1 bath, new roof and hvac in 2021, currently rented for $795/mo. lease is MTM. 3789 Fairoaks -- 4 beds, 1 bath, currently rented for $1100/mo. Lease exp. 10/23/25. 4947 Demeter -- 3 beds, 2 baths, currently rented for $1700/mo. Lease exp 9/30/25 Properties are professionally managed by Lubin. DO NOT APPROACH OR DISTURB THE TENANTS, NO SHOWINGS OF TENANT OCCUPIED PROPERTIES WITHOUT AN ACCEPTED CONTRACT.
Exterior Features

Buildings 3 Construction Other (See Remarks) Foundation Other (See Remarks) Lot Size 67X120 Parking Facility Asphalt/Blacktop Roof Other (See REMARKS)

Interior Features

Appliances Equipment Other (See REMARKS) Cooling Systems Central Floors And Ceilings Other (See Remarks) Heating Systems Central Hot Water Electrical Laundry None

Property Features

1 Bedroom Units 0 2 Bedroom Units 0 3 Bedroom Units 2 Annual City Tax 469 Annual County Tax 497 Assumption Other (Call LA) Efficiency Studio Units 0 Existing Financing Other (See REMARKS) Legal Subdivision Name CHANDLER & CHANDLERS LEAWOOD Lot Number 37 Multifamily Type Other (See REMARKS) New Financing Conventional Operating Expenses Other (Call LA) Other Units 1 Possession Tenants Rights Sale Includes Building and Land Source Of Info Current RecordsLeasesOwnerRent Roll Tenant Pays Other (Call LA) Type Of Leases Other (Call LA) Type Of Units 4 or More Bedrooms

Listing information © 2025 Memphis Area Association of REALTORS®.
Listing provided courtesy of Crye-Leike, Inc., REALTORS: 901-756-8900.



© 2025 Memphis Area Association of REALTORS®. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Red Sea Realty Co LLC. Some or all of the listings displayed may not belong to the firm whose website is being visited. Data last updated: 2025-06-25T00:03:33.597.
 
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