3725 Wax Myrtle Drive
Memphis, TN 38115
$115,000
Price
2
Beds
1
Bath
1
1/2 Bath
—Sq. Ft.
— / Sq. Ft.
—
Sq. Ft.
—
per Sq. Ft.
Description
Investor Opportunity – 3725 Wax Myrtle Dr., Memphis, TN This 2-bedroom, 1.1-bath condo is a fantastic addition to any investment portfolio, offering instant cash flow with a tenant already in place. Leased through 10/31/2025 at $975/month, this property provides steady income from day one. The well-maintained interior features a spacious living and dining area, a functional kitchen with ample cabinet space, and two generously sized bedrooms. A full bathroom upstairs and a convenient half-bath downstairs...Investor Opportunity – 3725 Wax Myrtle Dr., Memphis, TN This 2-bedroom, 1.1-bath condo is a fantastic addition to any investment portfolio, offering instant cash flow with a tenant already in place. Leased through 10/31/2025 at $975/month, this property provides steady income from day one. The well-maintained interior features a spacious living and dining area, a functional kitchen with ample cabinet space, and two generously sized bedrooms. A full bathroom upstairs and a convenient half-bath downstairs cater to tenant comfort. Outside, the private patio offers a relaxing outdoor space. Located in a desirable Memphis neighborhood near shopping, dining, and major highways, this property is perfect for investors looking to expand their portfolio with minimal hassle. Don’t miss this opportunity—schedule your viewing today!
- Listed by James Wachob • Foundation Property Management
Property Details for 3725 Wax Myrtle Drive
Area
785A
StyleTraditional
MAAR Subdivision NameHEATHER RIDGE PH2
Legal Subdivision NameHEATHER RIDGE PUD PHASE 2
LISTING UPDATED: 11/25/2024 03:45 PM
Property Details for 3725 Wax Myrtle Drive
| Status | Active |
|---|---|
| MLS # | 10185618 |
| Days on Market | 34 |
| Taxes | $904 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Single Family |
| MLS Type | Residential / Attached Single Family / No |
| Year Built | 1985 |
| Lot Size | 0.06 AC / 2,613 SF |
| County | Shelby County |
Building Information for 3725 Wax Myrtle Drive
Stories2Year Built1985Building Size-Lot Size0.06 AC / 2,613 SF
Property Information for 3725 Wax Myrtle Drive
Summary
Location and General Information
- Address: 3725 WAX MYRTLE DR
- Address Search Number: 3725
- Directions: Continue to Macon Rd 13 sec (69 ft) ? Take N Germantown Pkwy, Walnut Grove Rd, I-240 W and S Mendenhall Rd to Heather Ridge Dr 24 min (14.3 mi) ? Continue on Heather Ridge Dr. Drive to Wax Myrtle Dr 1 min (0.3 mi)
- Geo Match Code: 0
- Geo Matched Method: 0
- Geo Quality: .95
- Geo Update Timestamp: 11-21-2024
- Geo Zoom Level: 16.00
- Map Coordinate: A
- MLS Map Num: Hickory Hill/H.R. Mall
- Neighborhood Association: None
Parking
- Parking Display: 0
- Parking/Storage: Driveway/Pad
Taxes and HOA Information
- LVT Date: 11-21-2024
Property
Lot Information
- Lot Size: 27X110
- Acreage: .06
- Lot Num: 61
- Lot Description: Level
- Parcel ID: 093417 R00029
Property and Assessments
- Detached Unit Type: General Residential
- Prop Construction Status: Existing Property
- Service Type: Full Service Listing
Utilities
- Cooling: Central
Interior and Exterior Features
Exterior Features
- Exterior/Windows: Wood/Composition
- Misc Exterior: Porch
- Pool Description: None
Interior Features
- Num of Fireplaces: 1.0
- Additional Br/Bath Info: All Bedrooms Down
- Apprx Heated Sq Ft Range: 1200-1399
- Attached Unit Type: Other (See REMARKS)
- Bedrooms Down: 2.0
- Den Great Room Dimensions: 0x0
- Dining Room Dimensions: 0x0
- Floors/Ceilings: Part Carpet
- Heating: Central
- Living Room Dimensions: 0x0
- Living/Dining/Kitchen: Separate Dining Room
- Total Baths: 1
Property History for 3725 Wax Myrtle Drive
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
|---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 3725 Wax Myrtle Drive
Taxable ValueLand$3,000Additions$11,850Total$14,850
Tax Record2023$905 ($75 / month)
Home Facts
Beds2Baths1.5Total Finished SqFt1,320 SqFtAbove Grade Finished SqFt1,320 SqFtStories2Lot Size2,919 SqFtStyleMiscellaneous ResidentialYear Built1985Year Renovated2003ZoningRU-3CountySHELBYAPN093-417- -R-00029Fireplace TypeHas Fireplace
Schools near 3725 Wax Myrtle Drive
This home is within Shelby County Schools.
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | PK to 5 | |||
| Charter - | 6 to 8 | |||
| Public - | 9 to 12 | |||
| Charter - | K to 8 |
Rating | School | Distance |
|---|---|---|
Hickory Ridge Elementary School PublicPK to 5 | ||
Wooddale Middle School Charter6 to 8 | ||
Wooddale High School Public9 to 12 | ||
Compass Community School Hickory Hill Campus CharterK to 8 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.
Listing Courtesy of Foundation Property Management