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$110,000

For Sale

3 months ago

3816 Allandale Ln, Memphis, TN

House

MLS® 10220996

2 Bed

1 Bath

1241 sqft

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  • Key Facts
  • Description
  • Rooms
  • Map

Key Facts

Type Single Family Residence
Levels Residential
Size 1241 sqft
Garage 
Taxes 
Days Active 77
Lot Size 0.18 Acres
Approx. Age 1950
Avg. Price Per Sqft $88
MLS® Number 10220996

Property Address: 3816 Allandale Ln, Memphis, TN, 38111-6569

Average square foot calculated using Size range provided by listing agent.

Description

This well-maintained 2-bedroom, 1-bath property is a fantastic investment opportunity, featuring a reliable, long-term tenant who has called it home for over 10 years. The tenant is in good standing and currently pays $875 per month, offering immediate, consistent income from day one. Even better, the rent is below market value, presenting clear potential for future increases and improved returns. Ideally located with convenient access to shopping, dining, and I-240, this property combines stability with upside potential. Whether you’re looking to expand your investment portfolio or take your first step into real estate investing, this is a smart, income-producing opportunity you won’t want to miss. Please do not disturb the tenant. This is a tenant-occupied property, and all tenant rights apply.
MLS® Number10220996
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1950
Basement
Driveway
Garage Spaces
HeatCentral, Other (See REMARKS)
A/CCentral, Other (See REMARKS)

Extras

Rooms

Master Bedroom:0x0

Price History

-End Date
Not Sold YetSold Price

For Sale

May 7, 2026List Date
$110,000List Price
Apr 1, 2025End Date
$100,000Sold Price

Sold

Jan 14, 2026List Date
$110,000List Price

Home Appraisal

This property is estimated to sell between: $110,000 and $146,000.
Similar properties in this area sold on average for: $133,400
Expected to sell very soon! Similar properties sold in 39 days. This home has been on eXp Realty for 77 days.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

  • Commute

Commute

Starting Address
Destination Address
3816 Allandale Ln, Memphis, TN

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