3755 FAIRMONT AVE, Memphis, TN 38122
J R EDDY · Shelby County
Key Facts
Description
Turnkey duplex investment opportunity at 3755 Fairmont in Memphis! This income-producing property features two units, one unit is currently rented at $650/month, delivering immediate cash flow from day one. Ideal for investors seeking steady returns, the property offers strong rental demand in a consistently performing market. Each unit provides comfortable living space, making it attractive to long-term tenants. Whether you're looking to expand your portfolio or secure your first multifamily asset, this duplex presents a solid opportunity with built-in income and upside potential through future rent growth. Don’t miss this chance to own a performing asset in a proven rental area!
Property Information
Property Type
Residential Income
Sub-Type
Duplex
Style
Other (See REMARKS)
Year Built
1950
Stories
1
Living Area
1,108 sq ft
Days on Market
39
MLS® Listing#
10220139
Property Features
Pool
Financial Details
Annual Taxes
$1,539
Parcel Number
043088 00002
Directions
Turn right on 3755 Fairmont Ave, Memphis, TN 38122
Affordability Calculator
$27,000
Estimated monthly payment
$719/mo
Principal $108,000 · Est. interest $150,670 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Memphis, TN
- 74
- Median Days on Market
- 1,432
- Median Sq Ft
- $124
- Median Price / Sq Ft
- 2,906
- Active Listings
- Its price per sq ft is 2% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Memphis, TN.
Location
Points of Interest in Memphis, TN
Showing the Memphis area map.
Nearby Schools
Kingsbury Middle School
Secondary · 0.5 mi away
Kingsbury High School
Secondary · 0.5 mi away
Kingsbury Elementary School
Elementary · 0.6 mi away
Kingsbury Vocational School
Secondary · 0.6 mi away
Gateway Christian Schools
Secondary · 0.6 mi away
Memphis Academy of Health Sciences
School · 0.8 mi away
Treadwell Middle School
Secondary · 0.8 mi away
Memphis Heritage Christian School & Little Heritage Enrichment Center
School · 0.8 mi away
Treadwell Elementary
Elementary · 0.8 mi away
Memphis Virtual School
Elementary · 0.9 mi away
Brinkley Heights Urban Academy
School · 1.0 mi away
Douglass Head Start
Secondary · 1.1 mi away
Wells Station Elementary School
Elementary · 1.2 mi away
Grahamwood Elementary
Elementary · 1.2 mi away
Douglass K-8 Optional School
Elementary · 1.2 mi away
Jackson Elementary
Elementary · 1.3 mi away
Saint Michael Parish
School · 1.4 mi away
Compass Community School Berclair Campus
Elementary · 1.4 mi away
Collegiate School of Memphis
Secondary · 1.4 mi away
Macon Road Baptist School
School · 1.5 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 |
|---|---|---|---|---|
| 5523 QUAIL THICKET DR 5523, Memphis, TN | $94,500 | 3 | — | 1,366 |
| 1319 NICHOLAS ST, Memphis, TN | $94,900 | 4 | — | 1,069 |
| 2003 BURNHAM AVE, Memphis, TN | $94,900 | 3 | — | 1,246 |
| 3357 SCENIC TERRACE HWY, Memphis, TN | $94,900 | 3 | — | 1,107 |
| 4314 FORD RD, Memphis, TN | $94,900 | 5 | — | 1,771 |
| 4343 GAILWOOD DR, Memphis, TN | $94,900 | 3 | — | 1,069 |
Moving Cost Estimate
EXIT Agents in Memphis
Listing Courtesy: Kairos Realty