862 S LAUDERDALE ST S, Memphis, TN 38126

$99,500 Asking Price

3 beds
2 baths
Built in 1917

Investor Special! This cash cow is tenant occupied with rent at $1200 a month. The home has fully renovated with new tile floors, new paint, fully updated bathrooms/ kitchen, new roof and plumbing! Add this asset with over a 13% cap rate to your portfolio today!

Features & Amenities

Interior

Rooms:
6
Appliances:
Range/Oven
Flooring:
Hardwood Throughout
A/C:
Central
Heating:
Central

Exterior

General:
Wood/Composition, Porch
Style:
Traditional
Pool:
None
Parking:
Driveway/Pad, Parking spaces: 0

Construction

General:
1

Location

County:
South Bluffs/Downtown

Lot

Zoning:
025006 00034

This listing courtesy of:
Tiger 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.

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