3702 Wayne Ave, Memphis, TN 38122
Property image
Property image
SOLD
NOV 25, 2025

$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

Berclair-Highland Heights

Home Highlights

Single-Family Home
1,239 sqft
$52/sqft

Local Information

  • Map ViewExplore the area around 3702 Wayne Ave.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

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.
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

Property Information

Property Type / Style
Property Type: Single Family Home

Rental Terms, Policies & Fees

Lease Term: Contact For Details

Price & Status

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.
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Rental Market Trends in Berclair-Highland Heights

Last updated Sep 2026
Trulia Rent Estimate$1,180/mo
Average rent
$1.09K
$3
MoM
Available listings
179
View rental market trends in Memphis, TN

Neighborhood Overview

Neighborhood stats provided by third party data sources.

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.
  • Nxyznmtxgx
    "They should not be allowed to walk loose on the street, they are dangerous, they can bite a person and they would be in trouble, they would not like that."
  • Bmolock5
    "The kids these days are not like we were back in the day . The streets have gotten so bad ! I remember walking everywhere, when I was a kid. Keep you babies home or be their drivers. "
  • Neighbor P.
    "I've lived in this neighborhood off and on for 22 years. It's quiet and safe and people stay to themselves."
  • Trulia User
    "I've lived here for five years and the neighbors look out for each other's and everybody works very kept their yards everybody does pick after their dogs dogs when they AR walked"
  • Ldrrsgnt
    "20 years over here. Needs to be improved the park is okay and street ministries is cool. Needs more beautiful sights like gardens "
  • Michelle.hutchcraft83
    "we have lived here 4 years. when we first moved in, it wasnt terrible. its still not but there has been an increase in crime rate and the amount of vagrants we see wandering around. rarely hear gunshots. there is a lot of noise and crazy drivers, people who think its cool to fly around in residential areas. grahamwood is a decent school but pick up/drop off is a nightmare. ive seen tons of rats outside in my yard and the road and my neighbors say the same thing. its very diverse. the shopping strip looks like a dump and really needs updating. too many people with noisy chickens. mosquitoes are terrible. we have never had our house broken into or anything. neighbors are very nice. "
  • Ursula M.
    "I’ve lived here for four years; and, I haven’t had an issues. People seem to look out for each other; although, we don’t socialize at all!"
  • Lestes625
    "I’ve lived here for 13 years and it’s unique if you are Hispanic and want or need to rent. It’s an older neighborhood that was great back in the day of Firestone, Plough and International Harvester. "
  • Patricia Y.
    "very quiet and clean neighborhood, everyone respects their neighbors immensely. I've lived here 3 years and I'm loving it, don't plan on moving no time soon!!"
  • JM
    "Properties aren’t maintained. Increasing crime in this area. I wouldn’t want to raise children here. "
  • Tjbateman
    "i love living here it's not so bad like what others think . we're near a lot of store's and school and some churches"
  • Barkleylacey
    "you'll get robbed if you leave anything outside, and on the 4th of July you'll be scared how many automatic weapons you hear going off all night long. "
  • Lestes625
    "I see dog walkers all the time. Mostly men. I just don’t feel particularly safe walking mine. Most aren’t good at picking up what dogs tend to leave behind though."
  • Marlizp1993
    "its a good neighborhood. if we tend to see or hear trouble we get together and try to find out what is going on. "
  • Peter C. T.
    "there are a lot of strays and other dogs getting out of their yards. there are mostly pit bulls in this neighborhood"

LGBTQ Local Legal Protections

Price and Tax history

DateEventPrice
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

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

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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.
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