3945 Macon Rd, Memphis, TN 38122
OFF MARKET

3945 Macon Rd
Memphis, TN 38122

Berclair-Highland Heights
  • Studio
  • Studio

Homes for Sale Near 3945 Macon Rd

Local Information

map showing home location
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Commute Destination

Description

This property is no longer available to rent or to buy. This description is from September 12, 2022
Rare opportunity for an investor looking to purchase a value-add property in the desirable Berclair community. Significant upside through interior unit renovations, enhancing the common areas and improving operations. Located near the most highly sought-after Grahamwood Elementary School, new commercial development and within minutes from Memphis International Airport, Downtown Memphis, FedEx Forum, AutoZone Park, the famous Beale Street and much, much more! OCCUPANCY RATE INCREASED TO 98.5%.

Home Highlights

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

Home Details for 3945 Macon Rd

Interior Features

Appliances & Utilities
Appliances: Electric Water HeaterLaundry: Connections
Heating & Cooling
Heating: CentralHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Central
Windows, Doors, Floors & Walls
Flooring: Partial Carpet
Levels, Entrance, & Accessibility
Floors: Partial Carpet

Exterior Features

Exterior Home Features
Roof: PitchedFoundation: Slab
Parking & Garage
Parking: Asphalt/Blacktop

Property Information

Year Built
Year Built: 1975
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Multi FamilyStructure Type: 2 BR - 1+ BathsArchitecture: 2 BR - 1+ Baths
Building
Construction Materials: Brick
Property Information
Parcel Number: 038094 00006

Price & Status

Price
List Price: $2,200,000
Status Change & Dates
Off Market Date: Thu Jul 28 2022Possession Timing: Close Of Escrow

Active Status

MLS Status: Closed

Location

Direction & Address
City: MemphisCommunity: Graham Square Apts Project

Lot Information

Lot Area: 61898 Acres

Offer

Listing Terms: Other (Call LA)

Compensation

Buyer Agency Commission: 2Buyer Agency Commission Type: %
Notes
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed

Business

Expense
Tenant Pays: Electricity, Gas

Rental

Lease Term: 12 Months

Miscellaneous

Mls Number: 10126246Living Area Range Units: Square Feet
Last check for updates: 1 day ago
Listed by Yvonne Spencer
Braden, Braden & Braden LLC
Curtis Braden
Braden, Braden & Braden LLC
Bought with: Karen Lynn, REMAX Experts
Co-Buyer's Agent: Roland Mittag
Source: MAAR, MLS#10126246

Price History for 3945 Macon Rd

DatePriceEventSource
09/09/2022$1,650,000Sold
MAAR #10126246
06/30/2022$2,200,000ContingentMAAR #10126246
06/13/2022$2,200,000Listed For SaleMAAR #10126246
05/24/2012$700,000ListingRemovedAgent Provided
02/02/2012$700,000PriceChange
Agent Provided
10/22/2011$795,000Listed For SaleAgent Provided

Comparable Sales for 3945 Macon Rd

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.78
Multi-Family Home
$205,000
01/12/24
4
2
-
0.91
Multi-Family Home
$160,000
06/29/23
4
2
-
0.96
Multi-Family Home
$140,900
09/25/23
4
2
-

Neighborhood Overview

See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Berclair-Highland Heights

  • Neighbor P.
    "I've lived in this neighborhood off and on for 22 years. It's quiet and safe and people stay to themselves."
    0
    Flag
  • 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"
    4
    Flag
  • Ldrrsgnt
    "20 years over here. Needs to be improved the park is okay and street ministries is cool. Needs more beautiful sights like gardens "
    16
    Flag
  • 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. "
    30
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  • 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!"
    13
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  • 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. "
    11
    Flag
  • 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!!"
    14
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  • JM
    "Properties aren’t maintained. Increasing crime in this area. I wouldn’t want to raise children here. "
    2
    Flag
  • 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"
    7
    Flag
  • 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. "
    7
    Flag
  • 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."
    1
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  • 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. "
    1
    Flag
  • 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"
    1
    Flag

LGBTQ Local Legal Protections

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Some or all of the listings displayed may not belong to the firm whose website is being visited. Copyright© 2024 Memphis Area Association of REALTORS®.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Homes for Rent Near 3945 Macon Rd

Off Market Homes Near 3945 Macon Rd

3945 Macon Rd, Memphis, TN 38122 is a studio multi-family built in 1975. 3945 Macon Rd is located in Berclair-Highland Heights, Memphis. This property is not currently available for sale. 3945 Macon Rd was last sold on Sep 9, 2022 for $1,650,000 (25% lower than the asking price of $2,200,000).