Price Reduction
Address
3878 Windermere Rd, Memphis, TN
Price
$ 112,499
Property Attributes
  • MLS#10225203
  • TypeSingle Family
  • Listing Status Active
  • CountySHELBY
  • CityMemphis
  • AreaEgypt Central
  • NeighborhoodTIMBERLAKE
  • Zip38128
  • StyleRanch
  • Year Built1981
  • Taxes$ 1116
  • Price$ 112,499
  • Bedrooms3
  • Full Bathrooms2
  • Half Bathrooms0
  • Sqr Footage1089
  • Lot Size0.25 Acres
Data Source:
Memphis MLS (MAAR)
Property Description

Ideal for investors seeking reliable rental income in a high-demand North Memphis corridor. We are NOT 3872 Windermere Rd, can be shown without an accepted offer. Cash-flowing 3-bed, 2-bath investment property in Raleigh, currently rented at $1225.00/month. Recent exterior updates to make this home ready for its next owner. Features a functional layout and large corner lot. Located in a strong workforce rental area near Nike and Amazon fulfillment centers, with easy I-40 access to Downtown Memphis. Nearby amenities include shopping and groceries along Austin Peay Hwy, Harry C. Pierotti Park, Raleigh Spring Rented for $1225/mo, this cash-flowing investment property is ready for a new owner. With 3 beds, 2 full baths and a large corner lot, this home has it all. - Sold As-is, 10 day inspection, no seller credits or negotiation period

Price History
7/2/2026 Listed $121,000
7/27/2026 1$120,450
8/24/2026 1$119,750
8/28/2026 4$115,750
9/4/2026 2$114,500
9/9/2026 2$112,499

General Features

Heating Central,Gas
Cooling Ceiling Fan(s),Central
Status Active
Full Baths 2
Legal Subdivision Name TIMBERLAKE SEC B
Style Ranch
Stories Count 1
County Shelby
Class Residential
Type Detached Single Family
Condo No
Area 731C
Parcel Number 090071 00001
Status Active
Annual City Tax 546
Annual County Tax 570
Sale/Rent For Sale
Area Egypt Central
Service Type Full Service Listing
Neighborhood Association None
Year Built 1981
Directions From New Allen Rd and Frayser Blvd proceed east on Frayser to Windermere Dr and turn left (north). Proceed to the last house on the right,address 3878 Windermere Dr.
City Memphis
DOM 77

Interior Features

Dining Room x
Living Room Separate Living Room
Living Room Dimensions x
Beds 3
Total Baths 2
Number of Rooms 6
Downstairs Bedrooms 3
FLOORS/CEILINGS Wood Laminate Floors

Exterior Features

Pool None
Lot 236
Lot Size Area 0.25
Lot Size 101X112
Parking Display N0
Lot Description Corner
PARKING/STORAGE Driveway/Pad
EXTERIOR/WINDOWS Stone,Wood/Composition
Misc. Exterior Wrought Iron Security Drs

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 38128

Price
AVG $160K
$110K
Taxes
AVG $1,720
$1,116
Year Built
AVG 1974
1981
Visits
AVG 69
80
Data Provided by Inside Real Estate®