3035 Phyllis Lane

Memphis TN 38118

1429 sq. ft.

0.18 ac.

Single-Family

Last sold for $93,000

William Haynes, last sold this property on 20 January 2026 after 209 days on market.

Overview

Great investment opportunity! This professionally managed, tenant occupied property features newer roof and gutters (2022) and other recent repairs. The property is currently rented to a long term tenant for $1040/mo. The tenant is a great, timely payer and the lease expires 06/26. The property is brick, has covered parking and it has central heat and air. It is conveniently located in East Memphis with easy access to all the city's amenities. Do not approach or disturb the tenant. No showings without an accepted offer.

Features

3 bedrooms

1 bathroom

1 carspace

1 carport space

1429 sq. ft. floor area

0.18 ac. lot size

Single-Family

Estimated Value

Based on this property and similar 3 bedroom single-family properties sold in Memphis over the last 12 months, the estimated median property value of 3035 Phyllis Lane is $121.5k.

Median value

$121.5k

Estimated value range

$54k - $238k

Median days on market

Estimated value trend

-2%

decrease over the last 12 months

Average days on market is based on recent, comparable sales in Memphis. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 3035 Phyllis Lane

2026

Sold

$93,000

20 Jan 2026 by William Haynes, of Crye-Leike, Realtors

2021

Sold

$95,000

17 Dec 2021 by Craig Jennings, of Jennings Realty

Happy sellers in Memphis

We have insufficient information to provide an overview of customer satisfaction for Memphis. Viewing the agent profiles, reviews and sales for Memphis can provide insights for this location.