1665 RAYMORE DR, Memphis, TN 38117

$154,900 Asking Price

3 beds
1 bath
Built in 1955

This area is so great for investors - very popular with tenants, great value retention and return potential over many years. It's a stable area with a booming owner-occupant market! This house is tenant-occupied since 2021 for $1200/month, currently month-to-month; market rent once fixed up should be in the $1400-1500 range easily. This one is performing well right now and should be in good shape! No showings until accepted offer, buyer to verify all facts. No assignments or seller-financing.

Features & Amenities

Interior

Rooms:
5
Flooring:
Hardwood Throughout,Tile
A/C:
Central
Heating:
Central

Exterior

General:
Wood/Composition, Patio
Style:
Traditional
Pool:
None
Parking:
Driveway/Pad, Parking spaces: 1

Construction

Roofing:
Composition Shingles
General:
1, Slab

Location

County:
Sea Isle/Park

Lot

Zoning:
066069 00015

Utilities

Water:
Gas Water Heater,Public Water,Public Sewer
Sewer:
Gas Water Heater,Public Water,Public Sewer

This listing courtesy of:
Memphis Metro Realty

About Memphis, TN

Housing

Number of Units
296,697
Median Home Value
$154,311
Median Rent
$742

52.07% of housing units are renter occupied.

10.48% are vacant.

Commute

Car
82.14%
Public Transportation
1.16%
Walk to Work
1.09%
Work from Home
14.58%
Other
0.84%

The median travel time to work is 21 minutes.

People

Population
676,522
Median Age
35.70
Median Household Size
2.54

Education

High School
30.26%
Associate’s Degree
6.19%
Bachelor’s Degree
15.99%
Graduate Degree
11.09%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

Similar Homes

Message

Interested in this home?

Request more information: