Cell: (901) 335-4842 Gary Garland, Crye-Leike Real Estate
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5542 Knight Arnold Rd, Memphis, TN 38115

$179,900
  • 5542 Knight Arnold Rd, Memphis, TN 38115 Main Photo

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Active Price Reduced by $3,100 on March 25th, 2026
BEDS3 BATHS2 full MLS#10213131
STATUSActive PROPERTY TYPEResidential - Single Family SUBDIVISIONFox Meadows BLK D NEIGHBORHOODFox Meadows

Property Description

Now Priced: $179,900 (AS-IS). This home is a great investor opportunity or value-add primary home under $180K in the high rental demand area of 38115. This 3-bedroom, 2-bathrooms home offers over 1,700 sq ft of living space, featuring an open-concept layout with a living room, den, and dining area?ideal for both renovation resale or long-term rental strategy. Major update already completed, including a newer roof, allowing investors or savvy buyers to focus primarily on cosmetic improvements. Located in a high-demand rental pocket of 38115, this property presents a strong income-producing opportunity with projected rental rates between $1,400?$1,600/month. The large fenced backyard with patio. Cash offers and Conventional loans only. Don't miss this opportunity to add to your portfolio! Seller agrees to offer $2,000 seller credit to buyer with reasonable offer. Additional photos are available upon request. **PROOF OF FUNDS ARE REQUIRED WITH ALL OFFERS.**

5542 Knight Arnold Rd | MLS# 10213131

This single family home located at 5542 Knight Arnold Rd, Memphis, TN 38115 is currently listed for sale with an asking price of $179,900. This property was built in 1968 and has 3 bedrooms and 2 full baths. Knight Arnold Rd is located in the Fox Meadows BLK D subdivision. Search Fox Meadows BLK D real estate on www.garygarland.com today.

Property Features

Property Type: Residential - Single Family
Cooling: Central
Fenced: Yes
Fireplaces: 1
Garage: 2 car attached
Heating: Central
Home Style: Traditional
Year Built: 1968

Feature Descriptions

Bed and Bath: All Bedrooms Down, Full Bath Down, Half Bath Down
Days on Site: 66
Exterior: Patio, Wood Fence
Exterior/ Windows: Brick Veneer
Floors/ Ceilings: Part Hardwood, Tile
Living/ Dining Room: Separate Living Room, Separate Dining Room, Separate Den, Pantry, Washer/Dryer Connections
Lot: Level
Parking/ Storage: Driveway/Pad, Garage Door Opener(s), Front-Load Garage
Total Rooms: 7

Listed By / Shown By

Listed By

Agency Name: Keller Williams

Shown By

Agent Name: Gary Garland
Agent Phone: Cell: (901) 335-4842
Agency Title: Crye-Leike Real Estate Services

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Source: MAAR MLS

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Estimated Payment

$ 452.85 per month $400.38 Principal & Interest $0.00 Property Tax (data not provided by mls) $52.47 Homeowner's Insurance

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