$189,000

$1,015 est/mo Sourced by Back At You

3820 Lucerne Dr,Memphis, TN 38115

Memphis, TN 38115

Description

Fantastic investment opportunity. Seller has 7 properties for sale. 6 SFH & 1 Duplex. This property is leased at $1,390/mo. through 2/28/2027. Providing immediate cash flow while you plan your future value-add strategy. Please do not disturb the tenant. Property being sold as-is. No wholesalers, or creative financing. Showings/Inspections after contract. This property is currently being professionally managed by Reed & Associates of TN, LLC. This charming home offers 3-bedrooms, 2-bathrooms, open den w/FP, separate dining room & eat in Kitchen. Tiled floors in the common areas & plank vinyl in the bedrooms. A large lot with mature trees. Photos from July 2022.

Details

MLS #	10223554
Listing Type	For Sale
Style	House
Sub-Type	Resale
Status	Active
Year	1981
Days On Site	104
Listing Provided By	Reed & Associates of Tenn, LLC \| Benjamin Reed

Features

Bed(s)	3
Bath(s)	2 Total
Story(s)	1
Acreage	0.19
Property View	Level

Interior

Number Of Rooms	6
Cooling	Central
Heating	Central

Exterior

Roof	Composition Shingles
Foundation	Slab
Lot Description	Level

Area Information

State	TN
County	Shelby
City	Memphis
Zip Code	38115
Area	Hickory Hill \| Kirby High
Subarea	786C
Community Name	ROSSWOOD VILLAGE SEC B
Listing VS Median (in ROSSWOOD VILLAGE SEC B)
Price: $189,000 low \| high Med: $0 On site: 104 low \| high Med:

Sourced by Back At You

Market Activity 38115

Date	Sales	Avg $ Per SqFt	Min Sale Price	Max Sale Price	Med Sale Price
Date: Aug 2026	Sales: 4	Avg $ Per SqFt: $	Min Sale Price: $95,000	Max Sale Price: $150,000	Med Sale Price: $115,250
Date: Jul 2026	Sales: 10	Avg $ Per SqFt: $	Min Sale Price: $16,000	Max Sale Price: $163,000	Med Sale Price: $40,000
Date: Jun 2026	Sales: 7	Avg $ Per SqFt: $	Min Sale Price: $35,000	Max Sale Price: $215,000	Med Sale Price: $163,000
Date: May 2026	Sales: 6	Avg $ Per SqFt: $	Min Sale Price: $25,000	Max Sale Price: $200,000	Med Sale Price: $157,500
Date: Apr 2026	Sales: 15	Avg $ Per SqFt: $	Min Sale Price: $80,000	Max Sale Price: $260,000	Med Sale Price: $170,000
Date: Mar 2026	Sales: 4	Avg $ Per SqFt: $	Min Sale Price: $150,000	Max Sale Price: $187,400	Med Sale Price: $164,950
Date: Feb 2026	Sales: 9	Avg $ Per SqFt: $	Min Sale Price: $55,000	Max Sale Price: $259,900	Med Sale Price: $150,000
Date: Jan 2026	Sales: 13	Avg $ Per SqFt: $91.84	Min Sale Price: $74,885	Max Sale Price: $258,000	Med Sale Price: $190,000
Date: Dec 2025	Sales: 11	Avg $ Per SqFt: $43.43	Min Sale Price: $40,000	Max Sale Price: $220,000	Med Sale Price: $120,000
Date: Nov 2025	Sales: 11	Avg $ Per SqFt: $87.44	Min Sale Price: $46,500	Max Sale Price: $225,000	Med Sale Price: $172,000
Date: Oct 2025	Sales: 13	Avg $ Per SqFt: $99.95	Min Sale Price: $60,000	Max Sale Price: $242,000	Med Sale Price: $180,000
Date: Sep 2025	Sales: 4	Avg $ Per SqFt: $85.38	Min Sale Price: $123,000	Max Sale Price: $195,000	Med Sale Price: $163,550

Sourced by Back At You

Aug 2026
Sales:	4
Avg $ Per SqFt:	$
Min Sale Price:	$95,000
Max Sale Price:	$150,000
Med Sale Price:	$115,250
Jul 2026
Sales:	10
Avg $ Per SqFt:	$
Min Sale Price:	$16,000
Max Sale Price:	$163,000
Med Sale Price:	$40,000
Jun 2026
Sales:	7
Avg $ Per SqFt:	$
Min Sale Price:	$35,000
Max Sale Price:	$215,000
Med Sale Price:	$163,000
May 2026
Sales:	6
Avg $ Per SqFt:	$
Min Sale Price:	$25,000
Max Sale Price:	$200,000
Med Sale Price:	$157,500
Apr 2026
Sales:	15
Avg $ Per SqFt:	$
Min Sale Price:	$80,000
Max Sale Price:	$260,000
Med Sale Price:	$170,000
Mar 2026
Sales:	4
Avg $ Per SqFt:	$
Min Sale Price:	$150,000
Max Sale Price:	$187,400
Med Sale Price:	$164,950
Feb 2026
Sales:	9
Avg $ Per SqFt:	$
Min Sale Price:	$55,000
Max Sale Price:	$259,900
Med Sale Price:	$150,000
Jan 2026
Sales:	13
Avg $ Per SqFt:	$91.84
Min Sale Price:	$74,885
Max Sale Price:	$258,000
Med Sale Price:	$190,000
Dec 2025
Sales:	11
Avg $ Per SqFt:	$43.43
Min Sale Price:	$40,000
Max Sale Price:	$220,000
Med Sale Price:	$120,000
Nov 2025
Sales:	11
Avg $ Per SqFt:	$87.44
Min Sale Price:	$46,500
Max Sale Price:	$225,000
Med Sale Price:	$172,000
Oct 2025
Sales:	13
Avg $ Per SqFt:	$99.95
Min Sale Price:	$60,000
Max Sale Price:	$242,000
Med Sale Price:	$180,000
Sep 2025
Sales:	4
Avg $ Per SqFt:	$85.38
Min Sale Price:	$123,000
Max Sale Price:	$195,000
Med Sale Price:	$163,550

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Learn More About This Property

LaJuana Miller

KAIZEN Realty

TN Lic# 309063 ABR. CRS, GRI, MRP. SRES (901) 483-1393 miller@gomemphis.cc

State	TN
County	Shelby
City	Memphis
Zip Code	38115
Area	Hickory Hill \| Kirby High
Subarea	786C
Community Name	ROSSWOOD VILLAGE SEC B
Listing VS Median (in ROSSWOOD VILLAGE SEC B)
Price: $189,000 low \| high Med: $0 On site: 104 low \| high Med:

Sourced by Back At You

Nearby Listings (Within 1/4 mile)

Price: $141K - $236K

sqft: 0 - 0

Nearby Listings Property Image	Nearby Listings Details
	$170,000 3889 Birchmeadow Cv Memphis, TN 38115
	$209,500 6892 Starkenburg Ln Memphis, TN 38115

Listing Updated: September 18, 2026 at 12:20:43 PM PDT

3820 Lucerne Dr,Memphis, TN 38115

Memphis, TN 38115

Description

Details

Features

Interior

Exterior

Area Information

Market Activity 38115

Request a showing

Request a showing

Contact

Additional Information

Showing Information

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Learn More About This Property

LaJuana Miller

KAIZEN Realty

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$170,000

$209,500

LaJuana Miller - KAIZEN Realty

3820 Lucerne Dr,Memphis, TN 38115

Memphis, TN 38115

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Description

Details

Features

Interior

Exterior

Area Information

Market Activity 38115

Request a showing

Request a showing

Contact

Additional Information

Showing Information

Submit Form

Contact

Learn More About This Property

LaJuana Miller

KAIZEN Realty

Contact

Additional Information

Submit Form

Attachments

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$170,000

$209,500

LaJuana Miller - KAIZEN Realty