4340 Fayette Rd
Memphis, TN 38128
- – beds
- 1 bath
- – sqft
- 1973 build
- – on site
More homes
Great rental property for sale! BUILDING is for sale: NOT available for a new tenant! Currently, a long-term tenant is paying $1500 per month and is month to month operating a successful daycare. The property was previously used as a dental business; could also be a medical or office in a thriving commercial area of Raleigh near Stage and Austin Peay Hwy. The tenant pays all utilities, licensing, insurance, lawn maintenance & interior repairs. The owner pays taxes & liability insurance. The property is in good condition with recent improvements: the architectural roof was replaced 2018; HVAC was replaced 2021; the water heater in 2024; fresh exterior paint in 2024. Interior features include 2 large half bathrooms, with an open interior that could create 4-6 office spaces, plus additional space to create a kitchenette. Currently, there are 4 parking spaces on this corner lot with the potential for additional parking spaces. Call for details or to answer any questions.
Last checked:
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Last updated Jan 21, 2025
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MLS# 10182279 —
The Building
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Construction Status:Existing Property
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Style:Soft Contemporary
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Type:Detached Single Family
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Roof:Composition Shingles
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Foundation:Slab
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Exterior/Windows:Brick Veneer, Wood/Composition
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Detached Unit Type:General Residential
Interior
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Living/Dining/Kitchen:Other (See Remarks)
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Office Description:Level 1, Private Half Bath, Tile Floor
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Floors/Ceilings:Tile
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Additional Bed/Bath Info:Half Bath Down
Financial & Terms
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New Financing:Conventional
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Terms:Cash
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Flood Insurance:No
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Warranty/Possible Addenda:Tenants Rights
Location
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Cross Street:Cela Rd
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Map Coordinate:A
The Property
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Area:735A
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Acres:0.15
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Lot #:2 & PT
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Lot Size:70 Sqft
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Lot Description:Level, Corner, Wood Fenced
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Miscellaneous Exterior:Porch, Wood Fence, Sidewalks
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Security:Smoke Detectors, Dead Bolts Locks
Listing Agent
- Contact info:
- Agent phone:
- (901) 461-3633
- Office phone:
- (901) 221-4041
Heating & Cooling
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Heating:Central, Gas
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Cooling:Central
Utilities
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Water and Sewer:Electric Water Heater, Public Water, Public Sewer
The Community
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Neighborhood Association:None
Parking
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Garage:detached
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Parking Display:0D
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Parking/Storage:Parking Lo
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
1/17/25
Jan 17, 2025
|
Sold | MAARMLS | $155,000 | -8.8% |
|
11/2/24
Nov 2, 2024
|
Price Changed | MAARMLS | $170,000 | -5.6% |
|
9/30/24
Sep 30, 2024
|
Listed / Active | MAARMLS | $180,000 |
