3705 Suzanne Dr Memphis, TN 38127
Frayser NeighborhoodEstimated payment $643/month
Highlights
- Traditional Architecture
- Separate Formal Living Room
- Brick Veneer
- Wood Flooring
- Breakfast Room
- Central Heating and Cooling System
About This Home
Prime Investment Opportunity in Frayser, TN! This 3-bedroom, 1-bathroom brick home is a solid addition to any rental portfolio. Located in Frayser, this property offers strong rental potential and consistent cash flow opportunities. With its durable brick construction, low-maintenance exterior, and practical layout, this home is ideal for long-term returns. Key Investor Highlights: 3 spacious bedrooms – perfect for attracting families or long-term tenants Brick exterior ensures lower upkeep costs Generous lot size for future value-add improvements Frayser continues to be a sought-after market for investors due to its affordable entry point and strong rental demand. Whether you’re looking for a turnkey rental or a property to renovate and increase value, this home checks all the boxes. Don’t miss out on this income-producing opportunity – schedule your viewing today!
Home Details
Home Type
- Single Family
Year Built
- Built in 1956
Lot Details
- Few Trees
Parking
- Driveway
Home Design
- Traditional Architecture
- Brick Veneer
Interior Spaces
- 1,260 Sq Ft Home
- 1-Story Property
- Popcorn or blown ceiling
- Fireplace Features Masonry
- Aluminum Window Frames
- Separate Formal Living Room
- Breakfast Room
- Den with Fireplace
- Iron Doors
- Washer and Dryer Hookup
Flooring
- Wood
- Brick
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- 1 Full Bathroom
Utilities
- Central Heating and Cooling System
- Heating System Uses Gas
Community Details
- Northgrove Village Subdivision
- Property managed by CrestCore PMC
Listing and Financial Details
- Assessor Parcel Number 072098 0003
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 | $573 | $22,650 | $2,625 | $20,025 |
| 2024 | $573 | $16,900 | $2,025 | $14,875 |
| 2023 | $1,029 | $16,900 | $2,025 | $14,875 |
| 2022 | $1,029 | $16,900 | $2,025 | $14,875 |
| 2021 | $583 | $16,900 | $2,025 | $14,875 |
| 2020 | $888 | $12,250 | $2,025 | $10,225 |
| 2019 | $392 | $12,250 | $2,025 | $10,225 |
| 2018 | $392 | $12,250 | $2,025 | $10,225 |
| 2017 | $401 | $12,250 | $2,025 | $10,225 |
| 2016 | $420 | $9,600 | $0 | $0 |
| 2014 | $420 | $11,950 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 01/08/2026 01/08/26 | For Sale | $115,000 | 0.0% | $91 / Sq Ft | |
| 09/04/2025 09/04/25 | For Rent | $1,095 | 0.0% | -- | |
| 09/13/2018 09/13/18 | Sold | $58,000 | 0.0% | $48 / Sq Ft | View Prior Sale |
| 11/09/2017 11/09/17 | For Sale | $58,000 | -- | $48 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Special Warranty Deed | $60,000 | None Available | |
| Special Warranty Deed | $50,000 | Os National Llc | |
| Deed | $11,110 | None Available | |
| Warranty Deed | $48,000 | -- | |
| Warranty Deed | $48,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $45,000 | New Conventional | |
| Previous Owner | $48,450 | FHA | |
| Closed | $2,717 | No Value Available |
Source: Memphis Area Association of REALTORS®
MLS Number: 10212459
APN: 07-2098-0-0003
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