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3066 Redbud RdMemphis, TN 38109

BELMONT · Shelby County

$130,000List price
3Beds
2Baths
1,198Sq Ft
1943Year built
0.47Acre lot
1Stories
6 months agoOn market

Description

Investment opportunity with two separate units and strong rent potential!! Unit 3066 has been updated and is 3 bedrooms and 2 baths, offering increased livable space (Bonus Room) and higher rent capacity. Unit 3068 requires repairs and updates. After renovations, each unit is projected to lease for approximately $1,400–$1,550 per month with Section 8, based on current area rental rates. Property offers a solid value-add opportunity for investors seeking long-term cash flow in the area.

Property Information

Property type
Residential
Sub-type
Single Family Residence
Style
Traditional
Year built
1943
Stories
1
Building area
1,198 Sq Ft
Lot size
0.47 acres
Days on market
194
MLS® Listing#
10232487

Property Features

Cooling
Window Unit(s)
Flooring
Vinyl
Pool
None
Parking
Driveway
Patio
Deck
Lot features
Wooded
Construction
Brick Veneer

Rooms

  • Bedroom 214x8
  • Bedroom 314x10

Financial Details

Annual taxes
$852
Parcel number
075006 00026

Directions

Going West on I-240, Take I-240 W and E Brooks Rd to Redbud Rd. Turn right onto Redbud Rd. Destination will be on the right

Listing Courtesy: eXp Realty, LLC

The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of the Memphis Area Association of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than EXIT Realty, are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. Copyright © 2026 Memphis Area Association of REALTORS®. All Rights Reserved.

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