Address
3048 Kingsgate Ave, Memphis, TN
Price
$ 139,900
Property Attributes
  • MLS#10223559
  • TypeSingle Family
  • Listing Status Active
  • CountySHELBY
  • CityMemphis
  • AreaWhitehaven-Tchulahoma
  • NeighborhoodKENSINGTON GARDENS BLK H-1
  • Zip38118
  • StyleTraditional
  • Year Built1967
  • Taxes$ 1785
  • Price$ 139,900
  • Bedrooms3
  • Full Bathrooms1
  • Half Bathrooms1
  • Sqr Footage1321
  • Lot Size0.23 Acres
Data Source:
Memphis MLS (MAAR)
Property Description

Fantastic investment opportunity. Seller has 7 properties for sale. 6 SFH & 1 Duplex. This property is leased at $985/mo. through 10/31/2026. Providing immediate cash flow while you plan your future value-add strategy. Please do not disturb the tenant. Property being sold as-is. No wholesalers, or creative financing. Showings/Inspections after contract. This property is currently being professionally managed by Reed & Associates of TN, LLC. This charming home offers 3-bedrooms, 1.5-bathrooms, large open living and dining room, & a galley kitchen. Tiled & carpet flooring. A large backyard and a single car carport.

Price History
6/9/2026 Listed $139,900

General Features

Heating Central
Cooling Central
Status Active
Full Baths 1
Half Baths 1
Legal Subdivision Name KENSINGTON GARDENS BLK H-1
Style Traditional
Stories Count 1
County Shelby
Class Residential
Type Detached Single Family
Condo No
Area 773A
Parcel Number 060193 00029
Management Company Reed & Associates of
Status Active
Annual City Tax 874
Annual County Tax 911
Sale/Rent For Sale
Area Whitehaven/Tchulahoma
Service Type Full Service Listing
Neighborhood Association None
Year Built 1967
Directions From Winchester Rd,South on Swinnea Rd,Left on Queensgate,Right on Brompton,Left on Kingsgate.
City Memphis
DOM 100

Interior Features

Dining Room 14x12
Living Room LR/DR Combination
Living Room Dimensions 15x11
Bedroom 3 Dimensions 11x12
Bedroom 2 Dimensions 12x11
Beds 3
Total Baths 1.1
Number of Rooms 6
Downstairs Bedrooms 3
FLOORS/CEILINGS Part Carpet,Tile

Exterior Features

Pool None
Lot 705
Lot Size Area 0.23
Lot Size 70X149
Parking Display C1A
Lot Description Level
# Covered Parking Spaces 1
PARKING/STORAGE Driveway/Pad
EXTERIOR/WINDOWS Brick Veneer,Aluminum Window(s)
Misc. Exterior Porch

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 38118

Price
AVG $140K
$140K
Taxes
AVG $1,554
$1,785
Year Built
AVG 1967
1967
Visits
AVG 98
88
Data Provided by Inside Real Estate®

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