$79,900
 $429 est/mo Sourced by Back At You

742 Archie Dr,Memphis, TN 38127

Memphis, TN 38127

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Description

Solid 3 bedroom, 1 bath investment property in Memphis's Northaven area, partially brick construction. A long-term tenant is currently in place on a month-to-month lease, paying $800/month, delivering immediate cash flow from close with no vacancy or lease-up period. County taxes only - no city tax burden. Property will not be shown until an offer is accepted - buyer to underwrite on rent roll and photos, with inspection contingency as needed. Cash or conventional financing only; no creative financing (no seller financing, subject-to, wraps, or lease-options will be considered). Highlights: 3 bed / 1 bath, partially brick Northaven area of Memphis County taxes only Long-term tenant in place, month-to-month Current rent: $800/month No showings prior to accepted offer Cash or conventional financing only - no creative financing

Details

MLS #10230875
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusActive
Year1972
Days On Site31
Listing Provided ByRenshaw Company, REALTORS | Caleb Parr

Features

Bed(s)3
Bath(s) 1 Total
Story(s)1
Property ViewLevel

Interior

Number Of Rooms4
CoolingCentral
HeatingCentral

Exterior

RoofComposition Shingles
FoundationSlab
Lot DescriptionLevel

Area Information

StateTN
CountyShelby
CityMemphis
Zip Code38127
AreaNorthaven
Subarea722.
Community NameNorthaven Blk C
Listing VS Median (in Northaven Blk C)
Price:
$79,900
low | high
Med:
$0
On site:
31
low | high
Med:
Sourced by Back At You

Market Activity 38127

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Learn More About This Property

StateTN
CountyShelby
CityMemphis
Zip Code38127
AreaNorthaven
Subarea722.
Community NameNorthaven Blk C
Listing VS Median (in Northaven Blk C)
Price:
$79,900
low | high
Med:
$0
On site:
31
low | high
Med:
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $59K - $99K
sqft: 0 - 0
Listing Updated: October 19, 2026 at 3:12:00 PM PDT