3181 Parham St, Memphis, TN 38127
OFF MARKET

3181 Parham St
Memphis, TN 38127

Shelby Forest-Frayser
  • 3 Beds
  • 1 Bath
  • 946 sqft

$72,500

Trulia Estimate
as of Jul 17, 2026
Est. Refi. Payment $497/mo*
Refinance Your Home

$72,500

Trulia Estimate
as of Jul 17, 2026
Est. Refi. Payment $497/mo*
Refinance Your Home
3 Beds
1 Bath
946 sqft

Local Information

  • Map ViewExplore the area around 3181 Parham St.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Description

This is your perfect opportunity to start your independent wealth portfolio. Property currently is rented by a two year tenant who pays perfectly and does not wish to move from this property. Contact the listing agent with any questions and DO NOT APPROACH THE TENANT!! Foreign speaking family is easily alarmed - special arrangements will need to be made for any inspections. Two year tenant currently pays $830 monthly rent which results in a 10 cap rate return. Recent repairs have been done to
3181 Parham St, Memphis, TN 38127 is a 3 bedroom, 1 bathroom, 946 sqft single-family home in Shelby Forest-Frayser, built in 1962. It last sold for the $82,000 asking price on Aug 21, 2023. More recently, it was listed as a rental in June 2026 with an asking price of $900 per month. That rental listing was removed on July 17, 2026. It is currently off market. The Trulia Estimate is $72,500, with a rent estimate of $1,126/month.

Home Highlights

Parking
Open Parking
Outdoor
No Info
A/C
Heating & Cooling
HOA
None
Price/Sqft
No Info
Listed
180+ days ago

Home Details for 3181 Parham St

Interior Features

Interior Details
Basement: Crawl SpaceNumber of Rooms: 5Types of Rooms: Master Bedroom, Bedroom 2, Bedroom 3, Master Bathroom, Dining Room, Kitchen, Living Room, Den
Beds & Baths
Number of Bedrooms: 3Number of Bathrooms: 1Number of Bathrooms (full): 1
Dimensions and Layout
Living Area: 946 Square Feet
Appliances & Utilities
Appliances: Electric Water Heater
Heating & Cooling
Heating: CentralHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Central
Fireplace & Spa
No Fireplace
Windows, Doors, Floors & Walls
Flooring: Part Carpet
Levels, Entrance, & Accessibility
Stories: 1Floors: Part Carpet
Security
Security: Wrought Iron Security Drs

Exterior Features

Exterior Home Features
Roof: Composition ShinglesNo Private Pool
Parking & Garage
No GarageHas Open ParkingParking: Driveway/Pad
Pool
Pool: None

Days on Market

Cumulative Days on Market: 107

Property Information

Year Built
Year Built: 1962
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family ResidenceStructure Type: General ResidentialArchitecture: Traditional
Building
Construction Materials: Brick VeneerNot a New ConstructionNot Attached PropertyDoes Not Include Home Warranty
Property Information
Parcel Number: 072019 00008

Price & Status

Price
List Price: $82,000
Status Change & Dates
Off Market Date: Tue Aug 01 2023Possession Timing: Subject To Tenant Rights

Active Status

MLS Status: Closed

Location

Direction & Address
City: MemphisCommunity: Ivanhoe Inc Virginia Hills Re

Lot Information

Lot Area: 6534 sqft

Offer

Listing Terms: Conventional, FHA

Miscellaneous

Mls Number: 10146015Living Area Range: 100-999 (Retired - Do Not Use)Living Area Range Units: Square Feet
Last check for updates: about 3 hours ago
Listed by Carol A Scott
Tiger Realty
Bought with: MLE Realty, LLC
Source: MAAR, MLS#10146015

Price History for 3181 Parham St

DatePriceEventSource
07/17/2026$900ListingRemovedZillow Rentals
06/15/2026$900Listed For RentZillow Rentals
01/08/2026$900ListingRemovedZillow Rentals
12/24/2025$900Listed For RentZillow Rentals
12/24/2025$900ListingRemovedZillow Rentals
11/03/2025$900PriceChange
Zillow Rentals
07/29/2025$995Listed For RentZillow Rentals
11/13/2024$900ListingRemovedZillow Rentals
10/01/2024$900Listed For RentZillow Rentals
09/11/2024$900ListingRemovedZillow Rentals
07/11/2024$900Listed For RentZillow Rentals
01/25/2024ListingRemovedZillow Rentals
10/31/2023$900PriceChange
Zillow Rentals
09/07/2023$995Listed For RentZillow Rentals
08/21/2023$82,000Sold
MAAR #10146015
04/16/2023$82,000Listed For SaleMAAR #10146015
04/09/2021$40,000Sold
N/A

Market trends in Memphis

Last updated June 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$158K
$8.33KMoM
Sale-to-List Price
97.9%
0.5%MoM
Price per sq ft
$111
$5MoM
Available listings
3193
35MoM
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Property Tax and Assessment

Year2025
Tax$746
Assessment$56,600
Home facts updated by county records

Comparable Sales for 3181 Parham St

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
1875 Gregory Ave, Memphis, TN
0.16
Single-Family Home
$70,000
01/22/26
3
1
994
3359 Beechmont St, Memphis, TN
0.34
Single-Family Home
$70,000
04/24/26
3
1
963
3110 Aden St, Memphis, TN
0.17
Single-Family Home
$70,000
02/09/26
3
1
1,364
1972 Whitney Ave, Memphis, TN
0.33
Single-Family Home
$44,000
09/26/25
3
1
925
1940 Driftwood Ave, Memphis, TN
0.15
Single-Family Home
$97,000
01/22/26
3
1
1,729

Nearby homes

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Assigned Schools

These are the assigned schools for 3181 Parham St.
View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

Neighborhood Overview

Shelby Forest-Frayser
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Shelby Forest-Frayser

At least 127 Trulia users voted on each feature.

  • 92 % Say car is needed

  • 89 % Say yards are well-kept

  • 80 % Say there are sidewalks

  • 77 % Say parking is easy

  • 68 % Say kids play outside

  • 65 % Say there's holiday spirit

  • 62 % Say streets are well-lit

  • 46 % Say it's walkable to grocery stores

  • 44 % Say they plan to stay for at least 5 years

  • 44 % Say it's dog friendly

  • 43 % Say neighbors are friendly

  • 42 % Say it's quiet

  • 37 % Say there's wildlife

  • 36 % Say it's walkable to restaurants

  • 30 % Say there are community events

  • 17 % Say people would walk alone at night

Sourced by Trulia users. Learn more about our methodology.
  • DeAnna Carter
    "Stray dogs everywhere some friendly some not so much. Keep your dogs tight and gates locked and closed. "
    7
    Flag
  • Trulia User
    "we have neighborhood watch block parties community gardens and friendly neighbors local stores and churches great food and restaurants playgrounds"
    10
    Flag
  • Trulia User
    "alot of stray dogs. my dog was attacked twice she almost died. if you love ur pets keep a close eye on them."
    2
    Flag
  • Jessica L.
    "They would like the idea if their pets having the privilege of safe and clean grounds to walk about."
    6
    Flag
  • Cassandrabailey0614
    "That they children should be watched at all times because it ain’t safe like it use to be. But overall it’s a nice neighborhood to live in. Affordable rent and nice public and private schools to choose from."
    12
    Flag
  • Swinfreysbw2
    "We have neighborhood Block Parties, that really strengthen the neighborhood , and also , we had the Frayser Christmas Parade , that was for the Community, it was enjoyable, and the people really had a good time."
    9
    Flag
  • Tonya B.
    "My Neighborhood is quiet. I have lived here for three years. I rent my home. Children play outside. Sometimes I hear a lot of gunshots. I am very careful in my neighborhood."
    5
    Flag
  • William P. R.
    "I love the neighborhood just wish it was more to do In the area. There is not a lot of places for kids to go around here. Need more parks and safe zones for the kids "
    5
    Flag
  • Kyomoto3
    "Checked out this home and it's actually really nice. The neighborhood is quiet as well. Really convenient area for a high school as well."
    40
    Flag
  • Michael C.
    "Free safe fun wild people friendly lots of families plenty of shopping areas schools gym's restaurants Barber shops"
    1
    Flag
  • Tonya B.
    "Ive lived in this neighborhood for three years.I live on a quiet street.My neighbors look out for one another."
    25
    Flag
  • Denishalewis85
    "I drive no need for commute although there are bus lines for those who need it as well as other methods of transportation commutes"
    1
    Flag
  • drea T.
    "Great Area that is ver popular for parents and kids and also ive lived here all my life its just any other place it has its up and downs its what you make out of it"
    2
    Flag
  • Ladredasm1974
    "my neighborhood has a bunch of abandoned homes and overgrown grass,many people outside loitering around the corner ssf store "
    1
    Flag
  • Qveennpeachess
    "It’s a nice neighborhood if people would raise their kids to not steal and harm people and encourage them to stay in school "
    1
    Flag
  • Tequalaisom
    "It’s a bit peaceful and I love it! I can finally take my kids trick or treating in a safe commmunity."
    0
    Flag
  • Lpobgcggvfd
    "I’ve lived here for 30+ years, and the neighborhood is still safe and friendly! And the neighbors actually watch out for each other! Also, the neighborhood is clean along the sidewalks, and everyone keeps up their yard in this area!"
    61
    Flag
  • Joyce E. H.
    "My neighborhood is quiet and neighbors are friendly. I just got married and we want to move to Bartlett. I have never seen any buses except for the school buses run in this area."
    1
    Flag
  • Whitney D.
    "It’s an okay place. It has it perks. It could be a great place to live. Just needs a few updates here and there. It could be approved in a lot of great ways. Just need the manpower to do so. "
    6
    Flag
  • Anonymous
    "Constant burglaries. Alarm system and bars on windows are needed if you plan to live here. Don't leave anything out unless you want it stolen."
    18
    Flag
  • Taylorgang5109
    "the lack of police presence regardless of complaints & regular gun shots heard during the night. the amount of stray dogs & cats that wonder the streets with no regard for anyone's safety. "
    10
    Flag

LGBTQ Local Legal Protections

Apartments for Rent

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Homes for sale near 3181 Parham St

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Off Market Homes Near 3181 Parham St

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Listing content and images Copyright 2026 Memphis Area Association of REALTORS®. Information provided is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Do not rely upon listing data without independently verifying it.
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