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3066 Redbud Road

Memphis TN 38109

3
2
1198 sq. ft.
0.47 ac.
Single-Family
Currently for sale - view listing

Overview

Investment opportunity with two separate units and strong rent potential!! Unit 3066 has been updated and is 3 bedrooms and 2 baths, offering increased livable space (Bonus Room) and higher rent capacity. Unit 3068 requires repairs and updates. After renovations, each unit is projected to lease for approximately $1,400–$1,550 per month with Section 8, based on current area rental rates. Property offers a solid value-add opportunity for investors seeking long-term cash flow in the area.

Features

3 bedrooms
2 bathrooms
1198 sq. ft. floor area
0.47 ac. lot size
Single-Family

Property history for 3066 Redbud Road

2025
Sold
$105,000
18 Jun 2025 by Jimmie Tapley, of Crye-Leike, Realtors

Happy sellers in Memphis

95%
95% of sellers in Memphis reported that their sale price either exceeded or met their price expectations.

Memphis stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 4 reviews in Memphis over the last 12 months.

Local market activity for 3 bedroom single-family properties in Memphis

In the last 12 months, 179 three-bedroom single-family properties similar to 3066 Redbud Road, have been sold.

This represents a 15% increase in three-bedroom single-family properties sales when compared to the previous 12 months.

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Sales:
(619) 566-0008
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