Address
3612 Hazelhedge Dr, Memphis, TN
Price
$ 229,500
Property Attributes
  • MLS#10215096
  • TypeSingle Family
  • Listing Status Active
  • CountySHELBY
  • CityMemphis
  • AreaWhitehaven-Graceland
  • NeighborhoodGRACELAND
  • Zip38116
  • StyleTraditional
  • Year Built1964
  • Taxes$ 2702
  • Price$ 229,500
  • Bedrooms4
  • Full Bathrooms3
  • Half Bathrooms0
  • Sqr Footage2165
  • Lot Size0.29 Acres
Data Source:
Memphis MLS (MAAR)
Property Description

Cash-flowing 2025 fully renovated property with government-backed income stream! This tenant-occupied home is currently rented at $1,839 per month, with most of the payment secured through the Section 8 program — a major strength for investors seeking consistent and predictable returns. Immediate income, established tenancy, and minimal downtime risk make this a smart portfolio addition. Opportunities like this don’t last long! Improvements include a new HVAC system, new gas water heater, new security doors, new roof, fully renovated kitchen, fully renovated bathrooms, and more!

Price History
2/20/2026 Listed $229,900
8/24/2026 1$229,500

General Features

Heating Central
Cooling Central
Fireplaces 1
Status Active
Full Baths 3
Legal Subdivision Name HICKORY HILLS
Style Traditional
Stories Count 2
County Shelby
Class Residential
Type Detached Single Family
Condo No
Area 764B
Parcel Number 078034 00015
Status Active
Annual City Tax 1323
Annual County Tax 1379
Sale/Rent For Sale
Area Whitehaven/Graceland
Service Type Full Service Listing
Neighborhood Association None
Year Built 1964
Directions Head South on Graceland Drive from Winchester Road. Take your third left onto Hazelhedge Drive. The property will be on the left side of the road as you pass Briar Cove.
City Memphis
DOM 209

Interior Features

Living Room Separate Den
Beds 4
Total Baths 3
Number of Rooms 8
Downstairs Bedrooms 2
FLOORS/CEILINGS Hardwood Throughout

Exterior Features

Pool None
Lot 149
Lot Size Area 0.29
Lot Size 85X150
Parking Display C2A
Lot Description Some Trees
# Covered Parking Spaces 2
PARKING/STORAGE Driveway/Pad
EXTERIOR/WINDOWS Brick Veneer
Misc. Exterior Porch,Patio

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 38116

Price
AVG $170K
$230K
Taxes
AVG $1,971
$2,702
Year Built
AVG 1961
1964
Visits
AVG 61
267
Data Provided by Inside Real Estate®

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