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3465 SPOTTSWOOD AVE, Memphis, TN 38111
$129,900 Asking Price
$---/mo Est. Payment Get Prequalified »
3
beds
2
baths
Built in
1937
Terrific investment opportunity! Professionally managed and tenant occupied home for sale. Hard to find 3 bedroom 2 bathroom home with bonus room (at this price point). Currently rented for $950/mo with a $950 security deposit on file (rental upside since it is a 3/2 with a bonus room). Lease ends 2/28/25. Home is steps away from the University of Memphis and is a great long term hold. Values are really going up in this area! ONLINE VIDEO AVAILABLE UPON REQUEST! Do not approach or disturb tenant. No showings without an accepted offer. No wholesalers or assignments & seller isn't interested in owner or creative financing. Seller is also selling-- 842 Alida, 4088 Claudette, 1690 Berkshire (can be bought individually or in bulk).
Features & Amenities
Interior
- Rooms:
- 6
- Flooring:
- Part Carpet
- A/C:
- Central
- Heating:
- Central
Exterior
- General:
- Wood/Composition, Other (See REMARKS)
- Style:
- Traditional
- Pool:
- None
- Parking:
- Driveway/Pad, Parking spaces: 0
Construction
- General:
- 1
Location
- County:
- Pendleton/Park
Lot
- Zoning:
- 045118 00029
This listing courtesy of:
Crye-Leike, Inc., REALTORS
Monthly Payment
Disabled 10% or more?
Used a VA Loan before?
Eligible for BAH?
Do you have dependents?
Your BAH amount is for the military housing area.
Loan term (number of years)
Property taxes are generally around 1.2% of the home’s value, but may vary based on location.
Annual homeowners insurance is typically 0.35% of the home’s value but can vary based on insurer.
$---
Est. Payment *
- Principal & Interest $--
- Taxes $--
- Insurance $--
- VA Funding Fee $--
$--- Est. Payment - $--- BAH = $--- Remaining
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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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