$1,039

closing credit¹

3228 S Mendenhall Rd Apt 4B Memphis, TN 38115

$87,500
1 bed
1 full
Townhouse

Property details

About 3228 S Mendenhall Rd Apt 4B

Current rent: $750 Prefect for any investor looking for high returns! Being sold as a package Price $1,800,000 package includes One 10-unit Apartment Complex for $750,000, 10 Single Family Home for $87,500 each and 2 Condo for $87,500 each, All SFH and Condos are rented. Owner Financing option available. 1 year FREE Property Management paid by Seller. Package includes: 2654 Kimball Ave, 3718 Denver St, 2574 Sunny Hill Dr, 1052 Seattle St, 1403 Rayner St, 3707 Orland St, 2292 Warren St, 931 Maxey St, 1439 Oriole St, 1715 Graggland, 3224 S. Mendenhall Rd Unit 1A and 4B, 10 Unit Apartment Complex 1034 Patton St.

Highlights

Home typeTownhouse
HeatingCentral
StatusActive
CoolingCentral Air
Year built1969
ParkingParking Lot
MLS #10174036

Summary

  • MLS Number: 10174036
  • Office Name: eXp Realty, LLC

Copyright© 2025 Memphis Area Association of REALTORS. The information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties that the consumer may be interested in purchasing. Information deemed reliable, but is not guaranteed accurate. Some or all of the listings displayed may not belong to the firm whose web site is being visited.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/6/2025, 12:20:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of front of house

$87,500

3228 S Mendenhall Rd Apt 4B

$1,039

closing credit¹

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0.5% sale price²

Price information

Property sales

DateEventPrice
Jan 06, 2023
Home Sold
$30,000
Jul 08, 2021
Home Sold
$21,500
Jul 21, 2017
Home Sold
$10,300

Tax history

YearAssessmentProperty Tax
2024$4,425$269
2023$4,425$269
2022$4,425$272
2021$4,425$272
2020$3,400$246
2019$3,400$246
2018$3,400$139
2017$3,400$196

History based on county public records data.

Nearby schools

5

Power Center Academy Elementary School

Public Charter KG-5

0.6 mi

3540 S Mendenhall Rd

6

Newberry Elementary School

Public District PK-5

0.6 mi

5540 Newberry Ave

5

Fox Meadows Elementary School

Public District PK-5

0.6 mi

2960 Emerald St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $53,516. Residents of Memphis, TN typically earn between $35k-100k each year. Residents typically live in single, no kids family. The majority of residents in this area have post secondary degree education.

How much money do the neighbors make?

19%
<35k
63%
35k-100k
18%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

45%
Single, No Kids
16%
Single, with Kids
23%
Married, No Kids
16%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

14%
<11 yrs old
10%
12-17 yrs old
21%
18-34 yrs old
44%
35-64 yrs old
11%
65+ yrs old

What do the neighbors do for fun?

  • SoccerSoccer
  • Horse RacesHorse Races
  • College BasketballCollege Basketball

Where do the neighbors shop?

  • BurlingtonBurlington
  • Stein MartStein Mart
  • DillardsDillards

Where do the neighbors go to eat?

  • WingstopWingstop
  • LongHorn SteakhouseLongHorn Steakhouse
  • Logan's RoadhouseLogan's Roadhouse

What do the neighbors drive?

  • NissanNissan
  • BuickBuick
  • HyundaiHyundai

What do the neighbors listen to?

  • Christian Adult ContemporaryChristian Adult Contemporary
  • Contemporary InspirationalContemporary Inspirational
  • RockRock
All data provided by Home Junction and Claritas

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Frequently asked questions

About 3228 S Mendenhall Rd Apt 4B

This home is located at 3228 S Mendenhall Rd Apt 4B in Memphis, TN and zip code 38115 in the Southeast Memphis neighborhood. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since June 6, 2024 and is currently priced at $87,500.

In January 2025 more than 33 listings in Memphis, TN were sold above the asking price. During the same period more than 72 listings were sold at asking price, while more than 166 were sold below. The inventory of homes for sale in Memphis, TN between December and January 2025 increased by 11.7%.

From Rocket Homes Real Estate and based on county public records data.

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