3
beds
1
bath
Built in
1961
This property presents an excellent opportunity for both new and seasoned investors looking to expand their portfolios. Currently tenant-occupied and well-maintained, it is conveniently located just minutes from downtown, offering easy access to shopping, dining, and I-240. The property is leased at $1,000 per month, with the lease secured through January 2026. The seller can provide current rent history upon request, as the tenant is in good standing with consistent payments. A $400 security deposit is in place. Please respect tenant rights and refrain from disturbing the occupant.
-
Listing Status:
-
Active
-
Date Added:
- April 15, 2025
—
15 days ago
-
Listing Office:
-
Crye-Leike, Inc., REALTORS
-
Office Phone:
-
901-372-3690
-
MLS ID:
-
10194392
Features & Amenities
Interior
- General:
- Other (See REMARKS)
- Rooms:
- 7
- Appliances:
- Other (See REMARKS)
- Flooring:
- Other (See REMARKS)
- A/C:
- Central, Other (See REMARKS)
- Heating:
- Central, Other (See REMARKS)
- Fireplace:
- Other (See Remarks)
- Disability Feature:
- Other (See REMARKS)
Exterior
- General:
- Log Home, Other (See REMARKS)
- Style:
- Traditional
- Pool:
- None
- Parking:
- Driveway/Pad, Other (See REMARKS), Parking spaces: 2
Construction
- Roofing:
- Composition Shingles, Other (See REMARKS)
- General:
- 1, Other (See Remarks), Slab
Location
- HOA Amenities:
- Other (See REMARKS)
- County:
- Frayser - North
Lot
- Zoning:
- 071048 00121
Utilities
- Water:
- Other (See REMARKS), Public Sewer, Public Water
- Sewer:
- Other (See REMARKS), Public Sewer, Public Water
This listing courtesy of:
Crye-Leike, Inc., REALTORS
Monthly Payment
For Regular Military with Good Credit and a 30 Year Loan with 0% Down
- Principal & Interest $727
- Taxes $112
- Insurance $33
- VA Funding Fee $7
*Your actual payment may vary based on your unique situation.
$879 Est. Payment
-
$--- BAH
=
$--- Remaining
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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