Action Realty McNairy
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$102,000

3382 Frayser School

Memphis, TN 38127
3Beds
1.1Baths
1957Year Built

About this property

This property is leased at $1,165 per month ($13,980 annually) through 01/31/2027, with a cash-on-cash return of 7.00% and a monthly cash flow of $210.67. "All investment figures are estimates and verified independently by buyer." Turnkey investment opportunity with strong potential. This well-maintained property features recent updates including a newer roof, updated HVAC system, refreshed kitchen finishes, and durable flooring throughout. Bathrooms have been improved with modern fixtures, adding to the home’s overall appeal. The property presents in solid condition with clean interiors and a functional layout, minimizing immediate capital needs. Conveniently located with easy access to major roads, schools, and local amenities. A great addition to any portfolio seeking steady performance and long-term value. Financials available upon request. No wholesalers, assignments, or creative financing! PROFESSIONALLY MANAGED IN-HOUSE

Property details

MLS #
10218249
Type
Residential
County
Shelby
Listed
2026-04-01
Map
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Listing courtesy of Foundation Property Management · 901-633-1484 · © 2026 Memphis Area Association of REALTORS®

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Listing data provided by the Memphis Area Association of REALTORS® (IDX).

Some or all of the listings displayed may not belong to the firm whose website is being visited.

Copyright© 2026 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.

Listing data last updated Jun 10, 2026 8:30 AM.