$1,295 Per Month

3419 Mountain Terrace St Memphis, TN 38127

Frayser Neighborhood

4 Beds

2 Baths

1,323 Sq Ft

1961 Built

About This Home

Lease with Option to Purchase Opportunity – Start Building Ownership Today

Looking for a path to homeownership but not quite ready for a traditional mortgage? This 4-bedroom, 2-bath home offers a simple and affordable way to get started.

Low move-in cost – just $1,000
Affordable monthly payment – $1,295.00/month Required total Net Combined Household Income $5,180.00
Flexible approval – below-average credit considered
Seller Financing available after 60 months consistent payment history
Seller Financing available for Investors with approval of a Agreement for Deed Contract

This is a great opportunity for anyone serious about transitioning from renting to own or your first investment property—without jumping through traditional bank hoops.

Tenants responsible for all utilities and repairs

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(840) 271-0684

Listing Provided By

House Details

Property Information

Built in 1961
1 unit

Model Details

Hardwood Floors

Fees and Policies

The fees below are based on community-supplied data and may exclude additional fees and utilities. Use the Rent Estimate Calculator to determine your monthly and one-time costs based on your requirements.

Required Fees

One-Time Basics

Due at Move In

Security Deposit - Refundable

$1,000

Property Fee Disclaimer: Based on community-supplied data and independent market research. Subject to change without notice. May exclude fees for mandatory or optional services and usage-based utilities.

Map

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date	Event	Price	List to Sale	Price per Sq Ft	Prior Sale
07/17/2026 07/17/26	For Rent	$1,295	0.0%	--
01/14/2026 01/14/26	For Sale	$109,900	+9.8%	$83 / Sq Ft
11/03/2023 11/03/23	Sold	$100,100	0.0%	$76 / Sq Ft	View Prior Sale
11/03/2023 11/03/23	Sold	$100,100	-8.9%	$83 / Sq Ft	View Prior Sale
11/03/2023 11/03/23	Pending	--	--	--
09/22/2023 09/22/23	Pending	--	--	--
09/14/2023 09/14/23	For Sale	$109,900	--	$92 / Sq Ft

Tennessee Shelby County Memphis 38127 Frayser

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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