3471 Gowan Dr Memphis, TN 38127
Frayser NeighborhoodEstimated payment $523/month
Highlights
- 0.55 Acre Lot
- Wood Flooring
- Some Wood Windows
- Traditional Architecture
- Separate Formal Living Room
- Brick Veneer
About This Home
ATTENTION INVESTORS! This tenant-occupied rental offers an opportunity to add another income-producing property to your portfolio. This 3-bedroom, 2-bath single-family home is currently generating $1,100/ month in rental income, with the current lease running through 02/19/2027. An opportunity to purchase an income-producing property with a tenant already in place. Please do not disturb the tenant. No showings without an accepted offer. NO wholesale, assignment or creative financing offers will be accepted. Financials available upon request. Professionally Managed IN-HOUSE
Home Details
Home Type
- Single Family
Year Built
- Built in 1959
Lot Details
- 23,958 Sq Ft Lot
- Lot Dimensions are 49x205
- Level Lot
Home Design
- Traditional Architecture
- Brick Veneer
Interior Spaces
- 1,292 Sq Ft Home
- 1-Story Property
- Some Wood Windows
- Separate Formal Living Room
- Dining Room
- Wood Flooring
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- 2 Full Bathrooms
Parking
- 2 Car Garage
- Garage Door Opener
- Driveway
Utilities
- Central Heating and Cooling System
Community Details
- Rolling Hills Second Addition Subdivision
Listing and Financial Details
- Assessor Parcel Number 070050 00005
Map
Home Values in the Area
Average Home Value in this Area
Tax 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.
| 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 | $672 | $24,975 | $2,150 | $22,825 |
| 2024 | $514 | $15,150 | $1,850 | $13,300 |
| 2023 | $923 | $15,150 | $1,850 | $13,300 |
| 2022 | $923 | $15,150 | $1,850 | $13,300 |
| 2021 | $1,097 | $15,150 | $1,850 | $13,300 |
| 2020 | $830 | $11,450 | $1,850 | $9,600 |
| 2019 | $366 | $11,450 | $1,850 | $9,600 |
| 2018 | $366 | $11,450 | $1,850 | $9,600 |
| 2017 | $375 | $11,450 | $1,850 | $9,600 |
| 2016 | $480 | $10,975 | $0 | $0 |
| 2014 | $480 | $10,975 | $0 | $0 |
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 |
|---|---|---|---|---|
| 07/06/2026 07/06/26 | Price Changed | $85,000 | -26.1% | $66 / Sq Ft |
| 05/29/2026 05/29/26 | Price Changed | $115,000 | -8.0% | $89 / Sq Ft |
| 05/11/2026 05/11/26 | Price Changed | $125,000 | -3.8% | $97 / Sq Ft |
| 01/15/2026 01/15/26 | For Sale | $130,000 | -- | $101 / Sq Ft |
Purchase 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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $87,250 | Foundation Title & Escrow | |
| Warranty Deed | $109,140 | Delta Title Services | |
| Quit Claim Deed | -- | None Listed On Document | |
| Warranty Deed | $79,000 | -- | |
| Warranty Deed | $50,000 | -- | |
| Public Action Common In Florida Clerks Tax Deed Or Tax Deeds Or Property Sold For Taxes | $30,800 | None Listed On Document | |
| Quit Claim Deed | -- | None Listed On Document | |
| Deed | $48,000 | -- |
Mortgage 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 | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $122,640 | Construction | |
| Previous Owner | $56,000 | New Conventional |
Source: Memphis Area Association of REALTORS®
MLS Number: 10212910
APN: 07-0050-0-0005
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Listing Information presented by local MLS brokerage: Ten-X, LLC dba Homes.com, local broker - Arlene Richardson - 888-952-6393 - 17600 Laguna Canyon Rd, Irvine, CA 92618.
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Ask me questions while you tour the home.