3334 FAIRBANKS ST, Memphis, TN 38128
RALEIGH HEIGHTS REV SEC A · Shelby County
Key Facts
Description
Spacious duplex investment opportunity in the Raleigh area featuring two units, each offering 3 bedrooms and 2 baths. Current scheduled monthly income is $2,600. Both units are tenant occupied — please do not disturb tenants. Great opportunity for investors looking to expand their portfolio with additional duplexes coming available soon in the area. Conveniently located near shopping, dining, and major commuter routes. Working on updates for the property in the next couple of weeks.
Property Information
Property Type
Residential Income
Sub-Type
Duplex
Style
Soft Contemporary
Year Built
1974
Stories
1
Living Area
3,323 sq ft
MLS® Listing#
10221153
Property Features
Appliances
Cooling
Heating
Flooring
Pool
Parking
Lot Features
Construction
Foundation
Roof
Financial Details
Annual Taxes
$4,585
Parcel Number
085005 00021
Directions
Take I-40 West to Jackson Ave. Exit 8A on to Jackson, veer off to the right onto Raleigh Millington, to Right on Crain, Right on Fairbanks, Property on your left.
Affordability Calculator
$50,000
Estimated monthly payment
$1,331/mo
Principal $200,000 · Est. interest $279,018 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Memphis, TN
- 75
- Median Days on Market
- 1,440
- Median Sq Ft
- $125
- Median Price / Sq Ft
- 2,978
- Active Listings
- Its price per sq ft is 40% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Memphis, TN.
Location
Points of Interest in Memphis, TN
Showing the Memphis area map.
Nearby Schools
Coleman School
Elementary · 0.2 mi away
Excellence Academy
School · 0.6 mi away
Spring Hill Elementary School
Elementary · 0.9 mi away
Kids Carousel of Learning
School · 1.1 mi away
Craigmont High School
Secondary · 1.6 mi away
Craigmont High School
Secondary · 1.6 mi away
Craigmont Middle School
Secondary · 1.6 mi away
Egypt Elementary School
Elementary · 1.6 mi away
Scenic Hills Elementary
Elementary · 1.6 mi away
Granville T Woods Academy of Innovation Charter School
Elementary · 1.7 mi away
Raleigh Egypt Middle School
Secondary · 1.7 mi away
Raleigh Egypt High School
Secondary · 1.7 mi away
Brownsville Road Elementary
Elementary · 2.1 mi away
Star Academy
School · 2.2 mi away
Jackson Elementary
Elementary · 2.2 mi away
Raleigh-Bartlett Meadows Elementary School
Elementary · 2.4 mi away
Keystone Elementary School
Elementary · 2.5 mi away
Beacon College Prep
Primary School · 2.5 mi away
Lucie E Campbell Elementary
Elementary · 2.6 mi away
Memphis Virtual School
Elementary · 2.6 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 2195 CARNES AVE, Memphis, TN | $179,900 | 5 | — | 2,408 |
| 936 PORTER ST, Memphis, TN | $180,000 | 5 | — | 1,853 |
| 3160 ROCHESTER RD, Memphis, TN | $180,000 | 5 | — | 1,800 |
| 1244 TUTWILER ST, Memphis, TN | $189,000 | 6 | — | 1,712 |
| 1555 WELLINGTON ST, Memphis, TN | $189,900 | 5 | — | 2,021 |
| 5054 GULL RD, Memphis, TN | $190,500 | 5 | — | 2,073 |
Moving Cost Estimate
EXIT Agents in Memphis
Listing Courtesy: Crye-Leike, Inc., REALTORS - 9012604780