3
beds
1
bath
Built in
1922
Big house in popular investment area! It's nearly rent-ready now, so you can absolutely come in and do a few more finishing touches to satisfy Section 8 requirements for insane cashflow! Market rent in this neighborhood for this type of house is $1100 or so, and Sec. 8 can reach up to about $1400 - for the price, you can finally get a deal that makes sense in this market! Buyer to verify all facts. NO wholesaler offers or 'creative financing/seller-financing' offers will be accepted. If obtaining a loan, please check with your lender to be sure this house meets their minimum loan requirement.
-
Listing Status:
-
Active
-
Date Added:
- March 21, 2025
—
15 days ago
-
Listing Office:
-
Memphis Metro Realty
-
Office Phone:
-
901-352-6200
-
MLS ID:
-
10192515
Features & Amenities
Interior
- Rooms:
- 6
- Flooring:
- Other (See REMARKS)
- A/C:
- Other (See REMARKS)
- Heating:
- Other (See REMARKS)
Exterior
- General:
- Aluminum/Steel Siding, Vinyl Siding, Other (See REMARKS)
- Style:
- Traditional
- Pool:
- None
- Parking:
- Driveway/Pad, Parking spaces: 0
Construction
- General:
- 1
Location
- County:
- South Memphis/61 Hwy
Lot
- Zoning:
- 034074 00013
This listing courtesy of:
Memphis Metro Realty
Monthly Payment
For Regular Military with Good Credit and a 30 Year Loan with 0% Down
- Principal & Interest $487
- Taxes $75
- Insurance $22
- VA Funding Fee $5
*Your actual payment may vary based on your unique situation.
$588 Est. Payment
-
$--- BAH
=
$--- Remaining
Nearby Schools
-
Hamilton School
1478 Wilson St, Memphis, TN 38106 - 0.83 miles away
Grades PK-8
-
Hamilton Middle School
Memphis, TN 38106 - 1.45 miles away
Grades 6-8
-
Hamilton High School
1363 E Person Ave, Memphis, TN 38106 - 0.83 miles away
Grades 9-12
Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.
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.
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