3969 RIDGEDALE ST, Memphis, TN 38127
3969 RIDGEDALE ST, Memphis, TN 38127
3969 RIDGEDALE ST, Memphis, TN 38127
11
See all 11 photos
$83,500
$84,999 1.8%
Est. payment /mo
3 Beds
1 Bath
999 SqFt
Sold on 06/12/2026

3969 RIDGEDALE ST Memphis, TN 38127

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Erin Fletcher
Erin Fletcher

Agent | License ID: 381536

+1(901) 592-7979

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Key Details

Sold Price $83,500

Property Type Single Family Home

Sub Type Detached Single Family

Listing Status Sold

Purchase Type For Sale

Approx. Sqft 800-999

Square Footage 999 sqft

Price per Sqft $83

Subdivision St Elmo Third Addition

MLS Listing ID 10201521

Sold Date 06/12/26

Style Traditional

Bedrooms 3

Full Baths 1

Year Built 1959

Annual Tax Amount $1,078

Lot Size 0.350 Acres

Property Sub-Type Detached Single Family

Property Description

This property is leased at $995 per month ($11,940 annually) through 06/08/2027, with a cash-on-cash return of 6.19% and a monthly cash flow of $168.92. "All investment figures are estimates and verified independently by buyer." Well-maintained 3BR/1BA investment property offering a strong combination of durability, functionality, and long-term rental appeal. Features include hard-surface flooring throughout, a bright living area, an updated kitchen with shaker cabinetry, central heat and air, and a covered carport. Situated on a large level lot with a spacious fenced backyard, providing added tenant appeal and usability. The home's clean condition and practical layout help minimize future maintenance while supporting consistent demand in an established Memphis neighborhood. Financials available upon request. No wholesalers, assignments, or creative financing! PROFESSIONALLY MANAGED IN-HOUSE

Location

State TN

County Shelby

Area Frayser - North

Rooms

Master Bedroom 0x0

Dining Room 0x0

Kitchen Separate Dining Room

Interior

Heating Central

Cooling Central

Flooring Other (See REMARKS)

Exterior

Exterior Feature Other (See Remarks)

Parking Features Other (See REMARKS)

Garage Spaces 2.0

Pool None

Private Pool Yes

Building

Lot Description Level

Story 1

Others

Acceptable Financing Conventional

Listing Terms Conventional

Listed by James C Wachob • Foundation Property Management
Bought with Tara A Woodley • Zach Taylor Real Estate

NEARBY SCHOOL & BUSINESS

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Erin Fletcher

Erin Fletcher

Agent | License ID: 381536

+1(901) 592-7979

Name
Phone*
Message

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3969 RIDGEDALE ST