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3165 Madrid, Memphis, TN 38112

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For Sale

$225,000

3 beds • 2 baths

Estimated Payment

$ 1,330 /mo. †

6.63% APR for 30 yrs.
$2,123 in taxes
Change Loan Terms

  • Single Family Detached
    Property type

  • 1-5 Years Old
    Age

  • Fireplace
    Heating System

  • Fireplace
    Fireplace

Explore this Property

Come enjoy a home less than 3 years old! Open layout is both comfortable and inviting. 3 bedrooms and 2 bathrooms is well suited for a family. Don't Wait - Come and see!
MLS# 10188317

Courtesy Of RE/MAX Real Estate Experts

(901) 758-1200

Property Features

  • Age
    1-5 Years Old
  • Amenities
    Patio, Security System, Security System
  • Architecture Style
    New Traditional
  • Fireplace
    Fireplace
  • Floor Covering
    Hardwood, Wood
  • Heating System
    Central Furnace, Fireplace
  • Rooms
    Kitchen

Map and Directions

Directions to 3165 Madrid, Memphis, TN 38112

Home seller CENTURY 21 Patterson & Associates Real Estate Co.

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Patterson & Associates Real Estate Co.

(901) 701-1064
Learn More About Us

Mortgage Calculator

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Loan Term
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Monthly Payment Breakdown

  • Principle and Interest
    $1,153
  • Property Taxes
    $176
  • Hazard Insurance
    $0
  • Private Mortgage Insurance
    $0
  • HOA Dues
    $0
  • Total Monthly Payment:
    $1,330

Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

Schools

William H. Brewster Elementary School

Grades PK-5 Public School

Memphis, TN 38112 1 miles
2605 sam cooper blvd

452 total students
15:1 Student teacher ratio

School Rating: C+

School Details

Lester Prep Academy (asd)

Grades 6-8 Public School

Memphis, TN 38112 0.6 miles
320 carpenter st

292 total students
22:1 Student teacher ratio

School Rating: D+

School Details

Douglass High School

Grades 9-12 Public School

Memphis, TN 38108 2 miles
3200 mount olive rd

663 total students
21:1 Student teacher ratio

School Rating: D-

School Details
Other Nearby Schools Distance Type Grades School Rating
The Collegiate School Of Memphis 0.5 miles Private 6-12
The Collegiate School Of Memphis 0.5 miles Private 6-12
Cornerstone Preparatory - Lester Campus 0.6 miles Public PK-5 D+
East High School 1 miles Public 9-12 A-
Treadwell Middle School 1 miles Public 6-8 C
Treadwell Elementary School 1.1 miles Public PK-5 C+
Compass Community School Binghampton Campus 1.1 miles Public KG-8 B-
Brinkley Heights Urban Academy 1.2 miles Private PK-12
Compass Community School Berclair Campus 1.4 miles Public KG-8 C-
Springdale Elementary School 1.4 miles Public PK-5 C+
Grahamwood Elementary School 1.5 miles Public PK-5 B-
Exceptional Children Special Placements 1.6 miles Public PK-12
Lords Tabernacle Christian Academy 1.9 miles Private KG-5
St Luke's Day School 2 miles Private PK-KG
Promise Academy 2.1 miles Public KG-5 C-
Middle College High School 2.1 miles Public 9-12 B+
Maxine Smith Steam Academy 2.1 miles Public 6-8 A+

The Collegiate School Of Memphis

Distance: 0.5 miles

Type Private

Grades: 6-12

The Collegiate School Of Memphis

Distance: 0.5 miles

Type Private

Grades: 6-12

Cornerstone Preparatory - Lester Campus

Distance: 0.6 miles

Type Public

Grades: PK-5

D+

East High School

Distance: 1 miles

Type Public

Grades: 9-12

A-

Treadwell Middle School

Distance: 1 miles

Type Public

Grades: 6-8

C

Treadwell Elementary School

Distance: 1.1 miles

Type Public

Grades: PK-5

C+

Compass Community School Binghampton Campus

Distance: 1.1 miles

Type Public

Grades: KG-8

B-

Brinkley Heights Urban Academy

Distance: 1.2 miles

Type Private

Grades: PK-12

Compass Community School Berclair Campus

Distance: 1.4 miles

Type Public

Grades: KG-8

C-

Springdale Elementary School

Distance: 1.4 miles

Type Public

Grades: PK-5

C+

Grahamwood Elementary School

Distance: 1.5 miles

Type Public

Grades: PK-5

B-

Exceptional Children Special Placements

Distance: 1.6 miles

Type Public

Grades: PK-12

Lords Tabernacle Christian Academy

Distance: 1.9 miles

Type Private

Grades: KG-5

St Luke's Day School

Distance: 2 miles

Type Private

Grades: PK-KG

Promise Academy

Distance: 2.1 miles

Type Public

Grades: KG-5

C-

Middle College High School

Distance: 2.1 miles

Type Public

Grades: 9-12

B+

Maxine Smith Steam Academy

Distance: 2.1 miles

Type Public

Grades: 6-8

A+

School information does not guarantee enrollment. School service boundaries are provided as a reference only, may change, and are not guaranteed to be accurate. Contact the school district directly to verify school enrollment eligibility.

Local area information for Memphis, TN 38112

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Memphis, TN 38112

This community’s employment is highest in the education and protective services industries. The area’s overall household expenses are below the national average.

91° July
Hottest Average Month
30° January
Coldest Average Month
6,218 Total Households in Area
-2.1% Increase in population since the year 2010
20.3%
of households
have children
21 minutes
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Demographic facts
for Memphis, TN 38112

Memphis, TN 38112 has a population of 15,561 people in 6,218 households with a median age of 36.9 years old.

-2.1%
Decrease in population
since the year 2010
Population is Trending down
6,438
Total households as of 2010
1%
projected percent change in total
households in 5 years

Community Population By Age

The median age for this area is 36.9 years old. The smallest percentage group is 25-34 years and the largest percentage is the 85+ years age range.

Community Population By Ethnicity

Black 48%
White 35%
Hispanic 12%
Other 8%
Asian 3%
Native American <1%
The most prevalent ethnicity is Black at 48%, followed by White at 35%, Hispanic at 12%, and Other at 8%.

Economics
for Memphis, TN 38112

3,511 /sq mi
Population Density
$54,242 /yr
Median Household Income
$155,000
Median Sales Price
21 min
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Household by Income

Out of the households in this area, the largest income group is Under $15k representing 20.46% of the households.

Transportation to Work

  • Drive 81%
  • Walk or Bike 10%
  • Work from Home 5%
  • Public Transit 4%

Occupancy by Type

Owned 3,140 44%
Rented 3,078 43%
Vacant 971 14%

White vs Blue Collar Jobs







White Collar 73%
Blue Collar 27%

Family & Education Facts
for Memphis, TN 38112

36.9 Median Age

Average Household Size

2.4
persons per
household

26.8%

Married Households

Community Population By Education

High School Graduate 25%
Bachelors Degree 19%
Some College 18%
Graduate Degree 17%
Some High School 16%
Associates Degree 4%
Of the total people surveyed, the most prevalent educational attainment level is High School Graduate, representing 25.47% of the population.

Household Family Expenses vs National Average

This location’s average annual expenditures compared to the national average. Index score (100=National Average)
20.3% of households have children

Weather
for Memphis, TN 38112

The weather for this area ranges from a high of 91° F in July to a low of 30° F in January

91° July
Hottest Average Month
30° January
Coldest Average Month

Average Temperature by Month

Low (°F)
High (°F)
Jan
30°
48°
Feb
33°
53°
Mar
41°
62°
Apr
51°
73°
May
59°
81°
Jun
67°
88°
Jul
71°
91°
Aug
69°
90°
Sep
62°
84°
Oct
50°
75°
Nov
41°
62°
Dec
33°
52°

Average Temperature in Degrees Fahrenheit

Precipitation

Precipitation (inch)

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There's more to learn about Memphis, TN 38112!
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Copyright © 2025 Memphis Area Association of Realtors&#174;. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' 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 being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data powered by Attom Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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