3990 GRAHAMDALE CIR 3990A, Memphis, TN 38122
GRAHAMWOOD CONDOMINIUMS · Shelby County
Key Facts
Description
Great investment opportunity! This tenant-occupied, Section 8 condo offers immediate cash flow with current monthly rental income of $1,200. Located in the established Grahamwood Condominiums, this spacious 2-bedroom, 2-bath unit features approximately 1,140 square feet, a functional two-story floor plan, private patio, and assigned parking. Conveniently located near shopping, dining, major highways, and the University of Memphis. Monthly HOA dues are $400. No showings without an accepted contract. Please do not disturb the tenant.
Property Information
Property Type
Residential
Sub-Type
Condominium
Style
Traditional
Year Built
1974
Stories
2
Living Area
1,102 sq ft
Lot Size
0.12 acres
Garage Spaces
2
Parking Spaces
2
MLS® Listing#
10226394
Property Features
Interior
Cooling
Heating
Pool
Parking
Laundry
Construction
Community
Financial Details
HOA
Yes
Annual Taxes
$919
Parcel Number
038094 C00047
Directions
From Covington Pike Continue on Stratford Rd. Turn right onto McCrory Ave. Continue on Macon Rd. Turn left onto N Graham St. 3990 Grahamdale Cir
Affordability Calculator
$13,000
Estimated monthly payment
$346/mo
Principal $52,000 · Est. interest $72,545 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Memphis, TN
- 74
- Median Days on Market
- 1,436
- Median Sq Ft
- $125
- Median Price / Sq Ft
- 2,878
- Active Listings
- Its price per sq ft is 53% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Memphis, TN.
Location
Getting Around
Points of Interest in Memphis, TN
Showing the Memphis area map.
Nearby Schools
Gateway Christian Schools
Secondary · 0.2 mi away
Kingsbury High School
Secondary · 0.4 mi away
Kingsbury Middle School
Secondary · 0.5 mi away
Kingsbury Vocational School
Secondary · 0.5 mi away
Kingsbury Elementary School
Elementary · 0.6 mi away
Grahamwood Elementary
Elementary · 0.7 mi away
Treadwell Middle School
Secondary · 0.8 mi away
Saint Michael Parish
School · 0.9 mi away
Compass Community School Berclair Campus
Elementary · 0.9 mi away
Treadwell Elementary
Elementary · 0.9 mi away
Macon Road Baptist School
School · 1.0 mi away
Memphis Business Academy Elementary
Elementary · 1.0 mi away
Memphis Academy of Health Sciences
School · 1.2 mi away
Wells Station Elementary School
Elementary · 1.2 mi away
Berclair Elementary School
Elementary · 1.3 mi away
Collegiate School of Memphis
Secondary · 1.3 mi away
Brinkley Heights Urban Academy
School · 1.4 mi away
Memphis Heritage Christian School & Little Heritage Enrichment Center
School · 1.4 mi away
Memphis Virtual School
Elementary · 1.5 mi away
Jackson Elementary
Elementary · 1.7 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 872 STAFFORD AVE, Memphis, TN | $45,500 | 3 | — | 1,928 |
| 2161 HOWELL AVE, Memphis, TN | $45,900 | 2 | — | 1,000 |
| 4729 COLUMBINE CT 38, Memphis, TN | $47,000 | 2 | — | 1,342 |
| 1178 E MCLEMORE AVE, Memphis, TN | $47,500 | 6 | — | 1,946 |
| 1435 HYDE PARK BLVD, Memphis, TN | $48,700 | 1 | — | 280 |
| 3168 HIGH MEADOW DR E-15, Memphis, TN | $49,000 | 3 | — | 1,768 |
Moving Cost Estimate
EXIT Agents in Memphis
Listing Courtesy: BEST Real Estate Company - 901-407-2177