3430 Hendricks Ave Memphis, TN 38111
East Memphis NeighborhoodEstimated payment $397/month
Highlights
- Traditional Architecture
- Central Heating and Cooling System
- Level Lot
- Some Wood Windows
- Partially Carpeted
- 1-Story Property
About This Home
Incredible investment opportunity available with tremendous cash flow and huge potential upside! This home is rented for $675/mo with a market rent of $1000/mo. 21 property package available. Homes can be bought individually or in bulk. Total portfolio list price is $2.525M, total current rent is $16,680/mo, total est market rent is $26,365, est ARV of full packabe is $3.155M. All homes are professionally managed. Most all of these are tenant occupied. Many of these homes have had significant rehab done in the past few years. This could be an amazing opportunity. Do not approach or disturb tenants. No showigns without an accepted offer. No wholesale, creative finance or seller finance. Addresses are 5088 Edenshire, 1236 Goodman, 4853 Tutwiler, 3471 Heckle, 1373 Russwood, 3430 Hendricks, 4594 Sea Isle, 860 Berclair, 3674 Mountain Terrace, 3270 Abbottsford, 1946 Willow Wood, 3588 Kearney, 3540 Marion, 3682 Kearney, 4401 Quince, 3689 Kearney, 4635 Monaco
Home Details
Home Type
- Single Family
Year Built
- Built in 1950
Lot Details
- 7,405 Sq Ft Lot
- Lot Dimensions are 60x125
- Level Lot
Parking
- Driveway
Home Design
- Traditional Architecture
Interior Spaces
- 825 Sq Ft Home
- 1-Story Property
- Some Wood Windows
- Partially Carpeted
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- 1 Full Bathroom
Utilities
- Central Heating and Cooling System
Community Details
- Eastmoor Blk C Subdivision
Listing and Financial Details
- Assessor Parcel Number 058010 00037
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $329 | $16,450 | $2,000 | $14,450 |
| 2024 | $329 | $9,700 | $1,600 | $8,100 |
| 2023 | $591 | $9,700 | $1,600 | $8,100 |
| 2022 | $591 | $9,700 | $1,600 | $8,100 |
| 2021 | $335 | $9,700 | $1,600 | $8,100 |
| 2020 | $489 | $6,750 | $1,600 | $5,150 |
| 2019 | $216 | $6,750 | $1,600 | $5,150 |
| 2018 | $216 | $6,750 | $1,600 | $5,150 |
| 2017 | $221 | $6,750 | $1,600 | $5,150 |
| 2016 | $294 | $6,725 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 03/07/2026 03/07/26 | For Sale | $72,000 | +129.0% | $87 / Sq Ft | |
| 05/21/2021 05/21/21 | Sold | $31,446 | -18.0% | $38 / Sq Ft | View Prior Sale |
| 05/20/2021 05/20/21 | Pending | -- | -- | -- | |
| 05/19/2021 05/19/21 | For Sale | $38,340 | -- | $46 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | None Listed On Document | |
| Quit Claim Deed | -- | None Available | |
| Quit Claim Deed | -- | None Available | |
| Warranty Deed | $34,100 | -- | |
| Warranty Deed | $35,000 | Southern Escrow Title Compan | |
| Warranty Deed | $35,000 | Southern Escrow Title Compan |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $35,600 | Construction | |
| Previous Owner | $36,279 | FHA | |
| Closed | $1,392 | No Value Available |
Source: Memphis Area Association of REALTORS®
MLS Number: 10216297
APN: 05-8010-0-0037
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Ask me questions while you tour the home.