$65,000
Currently Off Market - Sold Nov 25, 2025 for $65,000 (5,339% above list price)
- 3 Beds
- 1 Bath
- 1,239 sqft
3702 Wayne Ave, Memphis, TN 38122
Home Highlights
Single-Family Home
1,239 sqft
$52/sqft
Local Information
-- mins to
About this House
Discover this beautifully renovated 3-bedroom home situated in one of the University of Memphis area's most desirable neighborhoods. This property perfectly blends modern upgrades with classic character, featuring gleaming refinished hardwood floors and a fully modernized bathroom. The kitchen comes equipped with a brand-new stainless-steel dishwasher, while a new central HVAC system ensures year-round comfort. Outside, the property truly shines with a massive, detached garage, complete with a dedicated shop area and a spacious loft for additional storage. Perfect for hobbyists, students, or families alike!
$99 Move In Special
Included Appliances: Dishwasher
Range Connection Type: Gas
Laundry Hookups: Yes
Heating/Cooling: Central HVAC
Water Heater: Gas
Storage Unit: Detached
Garage: Detached
Fenced: No
If on a voucher program, we do not require you to make 3 X's the monthly rental income. We will ensure you make income to cover your vouchered portion of the rent.
If your voucher shopping range covers the rental amount with leeway but your an RTA has less bedrooms than our property, as long as there is room on your voucher closer to the bottom shopping range there is a possibility we could place you in a higher bedroom count home. PLEASE CALL OUR OFFICE FOR INFORMATION PRIOR TO APPLYING
We encourage you to view this property prior to applying.
Looking for the perfect rental property? Let Advantage Property Management welcome you home. We have proudly earned our A+ rating with the BBB due to our exceptional customer service, thorough communication and prioritization of our clients. We, too, live and work in Memphis and understand the value of locally owned business. We are proud to be a family owned and operated company that has served our great city for over 15 years and would love to offer our exceptional customer service to you as well. Come experience the Advantage Way. Welcome home.
We are proud to offer:
24/7 Maintenance Team: Reporting maintenance issues has never been easier whether it's online or by phone. After hours issues? No problem! Our dedicated staff work diligently to provide fast service when you need us most.
100% Vetted Vendor Network: We work hard to build long-term relationships with our vendors. Each vendor is screened thoroughly to ensure that everyone servicing your home is reliable, professional, and insured.
Online Tenant Portal: Everything you need to take care of business in one place! Rent payments, maintenance requests, contact forms and more can be accessed directly through your online portal.
Rental Requirements:
-Must make 3 times the rent, and must provide 3 most recent paystubs as proof of income (if moving from out of state, you must show an offer letter of employment)
-Must be in good standing with MLGW (provide a recent MLGW bill within the last 30 days)
-Provide 3 consecutive bank statements. (Screenshots will not be accepted, statements must be downloaded in full and include all pages from the E-statement. All pages MUST be included.)
-Preferred to have one year or more rental history (must upload a copy of a recent tenant ledger)
-Preferred to have one year or more with current employer
-No prior evictions within the last 5 years (includes rental collections that have been paid and dismissed), no felonies, and no bankruptcy.
Please note that failure to supply all necessary documents at time of submission will result in automatic cancellation/denial of your application and no refund of the application fee will be given. Providing false and/or misleading information is grounds for termination of application and complete forfeiture of application fee.
Please note that the home will be rented in as-is condition.
$99 Move In Special
Included Appliances: Dishwasher
Range Connection Type: Gas
Laundry Hookups: Yes
Heating/Cooling: Central HVAC
Water Heater: Gas
Storage Unit: Detached
Garage: Detached
Fenced: No
If on a voucher program, we do not require you to make 3 X's the monthly rental income. We will ensure you make income to cover your vouchered portion of the rent.
If your voucher shopping range covers the rental amount with leeway but your an RTA has less bedrooms than our property, as long as there is room on your voucher closer to the bottom shopping range there is a possibility we could place you in a higher bedroom count home. PLEASE CALL OUR OFFICE FOR INFORMATION PRIOR TO APPLYING
We encourage you to view this property prior to applying.
Looking for the perfect rental property? Let Advantage Property Management welcome you home. We have proudly earned our A+ rating with the BBB due to our exceptional customer service, thorough communication and prioritization of our clients. We, too, live and work in Memphis and understand the value of locally owned business. We are proud to be a family owned and operated company that has served our great city for over 15 years and would love to offer our exceptional customer service to you as well. Come experience the Advantage Way. Welcome home.
We are proud to offer:
24/7 Maintenance Team: Reporting maintenance issues has never been easier whether it's online or by phone. After hours issues? No problem! Our dedicated staff work diligently to provide fast service when you need us most.
100% Vetted Vendor Network: We work hard to build long-term relationships with our vendors. Each vendor is screened thoroughly to ensure that everyone servicing your home is reliable, professional, and insured.
Online Tenant Portal: Everything you need to take care of business in one place! Rent payments, maintenance requests, contact forms and more can be accessed directly through your online portal.
Rental Requirements:
-Must make 3 times the rent, and must provide 3 most recent paystubs as proof of income (if moving from out of state, you must show an offer letter of employment)
-Must be in good standing with MLGW (provide a recent MLGW bill within the last 30 days)
-Provide 3 consecutive bank statements. (Screenshots will not be accepted, statements must be downloaded in full and include all pages from the E-statement. All pages MUST be included.)
-Preferred to have one year or more rental history (must upload a copy of a recent tenant ledger)
-Preferred to have one year or more with current employer
-No prior evictions within the last 5 years (includes rental collections that have been paid and dismissed), no felonies, and no bankruptcy.
Please note that failure to supply all necessary documents at time of submission will result in automatic cancellation/denial of your application and no refund of the application fee will be given. Providing false and/or misleading information is grounds for termination of application and complete forfeiture of application fee.
Please note that the home will be rented in as-is condition.
3702 Wayne Ave, Memphis, TN 38122 is a 3 bedroom, 1 bathroom, 1,239 sqft single-family home in Berclair-Highland Heights. It last sold for $65,000 on Nov 25, 2025 (5,339% above the $1,195 asking price). More recently, it was listed as a rental in January 2026 with an asking price of $1,250 per month. That rental listing was removed on May 13, 2026. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $160,600, with a rent estimate of $1,180/month.
Home Details for 3702 Wayne Ave
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Property Type / Style Property Type: Single Family Home |
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Lease Term: Contact For Details |
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Price Price Per Sqft: $52/sqft |
Comparable Sales for 3702 Wayne Ave
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.05 | Single-Family Home | $76,500 | 07/08/26 | 3 | 1 | 1,041 sqft | |
0.23 | Single-Family Home | $60,000 | 03/02/26 | 3 | 1 | 1,083 sqft | |
0.25 | Single-Family Home | $70,000 | 06/23/26 | 3 | 1 | 1,459 sqft | |
0.08 | Single-Family Home | $55,500 | 01/15/26 | 2 | 1 | 900 sqft | |
0.15 | Single-Family Home | $105,500 | 02/13/26 | 4 | 1 | 1,184 sqft | |
0.18 | Single-Family Home | $105,000 | 08/14/26 | 3 | 1 | 967 sqft | |
0.31 | Single-Family Home | $80,000 | 03/31/26 | 3 | 1 | 1,463 sqft | |
0.23 | Single-Family Home | $128,000 | 06/05/26 | 3 | 1 | 1,248 sqft | |
0.34 | Single-Family Home | $74,000 | 01/07/26 | 3 | 1 | 1,032 sqft |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Rental Market Trends in Berclair-Highland Heights
Last updated Sep 2026
Trulia Rent Estimate$1,180/mo
Average rent
$1.09K
$3MoM
Available listings
179
Around this home
What Locals Say about Berclair-Highland Heights
At least 188 Trulia users voted on each feature.
87 % Say there are sidewalks
86 % Say parking is easy
84 % Say yards are well-kept
78 % Say car is needed
67 % Say kids play outside
65 % Say there's holiday spirit
64 % Say streets are well-lit
63 % Say it's walkable to grocery stores
63 % Say it's dog friendly
45 % Say it's walkable to restaurants
45 % Say neighbors are friendly
44 % Say there's wildlife
44 % Say they plan to stay for at least 5 years
42 % Say it's quiet
30 % Say people would walk alone at night
23 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Price and Tax history
| Date | Event | Price |
|---|---|---|
May 13, 2026 Source: Zillow Rentals | ListingRemoved | $1,195 |
Apr 1, 2026 Source: Zillow Rentals | PriceChange | $1,195 Price decreased by 4% |
Jan 6, 2026 Source: Zillow Rentals | Listed For Rent | $1,250 |
Nov 25, 2025 Source: N/A | Sold | $65,000 |
Mar 14, 2001 Source: N/A | Sold | $67,500 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $1,563 | $118,600 |
Home facts updated by county records
Frequently asked questions about 3702 Wayne Ave
- What is 3702 Wayne Ave estimated to be worth?Trulia's estimated value for 3702 Wayne Ave in Memphis, TN is $160,600.
- What is the price history for 3702 Wayne Ave?3702 Wayne Ave in Memphis, TN last sold for $65,000 in November 2025.
- Is Memphis a buyer's or seller's market?Memphis is currently a buyer's market, based on recent for-sale activity.
- What's the median sale price in Memphis?The median sale price in Memphis is $105K. That is down $5.17K from the prior month.
Homes for rent near 3702 Wayne Ave
Affordability
TIP:Try to keep your rent within a third of your gross household income. Learn why in our Renter's Guide.
For this property
PER YEAR
is the suggested income
Win over prospective landlords with your smart budgeting. As a good rule of thumb, ideally you would have at least three times your monthly rent in combined household income.

