Calling All Investors!!! Seller offering $ 3,500 buyer credit for closing cost and pre-pays Don't miss this excellent opportunity to own a newly constructed investment property with an established tenant already in place. The tenant is currently under a 12-month lease at $1,500 per month, providing immediate rental income. This well-appointed home features 3 bedrooms, 2 full bathrooms, and an open-concept floor plan. The kitchen comes complete with appliances, making it move-in ready. Conveniently located just minutes from the Stax Museum of American Soul Music and LeMoyne-Owen College, this property offers strong rental appeal in a growing area. Start generating income from day one with this turnkey investment opportunity!
Details
MLS #
10226590
Listing Type
For Sale
Style
House
Sub-Type
Resale
Status
Pending
Year
2025
Days On Site
41
Listing Provided By
Infinity Group REALTORS, Inc. | Kenya Harrison
Features
Bed(s)
3
Bath(s)
2 Total
Story(s)
1
Acreage
0.09
Property View
Level
Interior
Number Of Rooms
7
Cooling
Central
Heating
Central
Misc Interior
Other (See REMARKS)
Exterior
Roof
Composition Shingles
Lot Description
Level
Area Information
State
TN
County
Shelby
City
Memphis
Zip Code
38106
Area
South Memphis | 61 Hwy
Subarea
747B
Community Name
THOMPSON
Listing VS Median (in THOMPSON)
Price: $165,000
low | high
Med: $0
On site: 41
low | high
Med:
Sourced by Back At You
Market Activity 38106
Date
Sales
Avg $ Per SqFt
Min Sale Price
Max Sale Price
Med Sale Price
Date: Jul 2026
Sales: 5
Avg $ Per SqFt: $
Min Sale Price: $28,000
Max Sale Price: $193,000
Med Sale Price: $57,000
Date: Jun 2026
Sales: 10
Avg $ Per SqFt: $
Min Sale Price: $6,000
Max Sale Price: $203,000
Med Sale Price: $51,000
Date: May 2026
Sales: 9
Avg $ Per SqFt: $
Min Sale Price: $4,500
Max Sale Price: $179,000
Med Sale Price: $10,000
Date: Apr 2026
Sales: 7
Avg $ Per SqFt: $
Min Sale Price: $4,000
Max Sale Price: $181,000
Med Sale Price: $50,000
Date: Mar 2026
Sales: 10
Avg $ Per SqFt: $
Min Sale Price: $10,000
Max Sale Price: $265,000
Med Sale Price: $52,500
Date: Feb 2026
Sales: 11
Avg $ Per SqFt: $
Min Sale Price: $15,500
Max Sale Price: $6,500,000
Med Sale Price: $62,500
Date: Jan 2026
Sales: 11
Avg $ Per SqFt: $64.4
Min Sale Price: $16,500
Max Sale Price: $203,000
Med Sale Price: $77,000
Date: Dec 2025
Sales: 14
Avg $ Per SqFt: $63.58
Min Sale Price: $11,000
Max Sale Price: $335,000
Med Sale Price: $69,500
Date: Nov 2025
Sales: 11
Avg $ Per SqFt: $73.66
Min Sale Price: $4,000
Max Sale Price: $203,000
Med Sale Price: $45,000
Date: Oct 2025
Sales: 5
Avg $ Per SqFt: $42.48
Min Sale Price: $15,900
Max Sale Price: $150,000
Med Sale Price: $58,000
Date: Sep 2025
Sales: 10
Avg $ Per SqFt: $66.41
Min Sale Price: $4,000
Max Sale Price: $4,000,000
Med Sale Price: $35,000
Date: Aug 2025
Sales: 1
Avg $ Per SqFt: $
Min Sale Price: $8,500
Max Sale Price: $8,500
Med Sale Price: $8,500
Sourced by Back At You
Jul 2026
Sales:
5
Avg $ Per SqFt:
$
Min Sale Price:
$28,000
Max Sale Price:
$193,000
Med Sale Price:
$57,000
Jun 2026
Sales:
10
Avg $ Per SqFt:
$
Min Sale Price:
$6,000
Max Sale Price:
$203,000
Med Sale Price:
$51,000
May 2026
Sales:
9
Avg $ Per SqFt:
$
Min Sale Price:
$4,500
Max Sale Price:
$179,000
Med Sale Price:
$10,000
Apr 2026
Sales:
7
Avg $ Per SqFt:
$
Min Sale Price:
$4,000
Max Sale Price:
$181,000
Med Sale Price:
$50,000
Mar 2026
Sales:
10
Avg $ Per SqFt:
$
Min Sale Price:
$10,000
Max Sale Price:
$265,000
Med Sale Price:
$52,500
Feb 2026
Sales:
11
Avg $ Per SqFt:
$
Min Sale Price:
$15,500
Max Sale Price:
$6,500,000
Med Sale Price:
$62,500
Jan 2026
Sales:
11
Avg $ Per SqFt:
$64.4
Min Sale Price:
$16,500
Max Sale Price:
$203,000
Med Sale Price:
$77,000
Dec 2025
Sales:
14
Avg $ Per SqFt:
$63.58
Min Sale Price:
$11,000
Max Sale Price:
$335,000
Med Sale Price:
$69,500
Nov 2025
Sales:
11
Avg $ Per SqFt:
$73.66
Min Sale Price:
$4,000
Max Sale Price:
$203,000
Med Sale Price:
$45,000
Oct 2025
Sales:
5
Avg $ Per SqFt:
$42.48
Min Sale Price:
$15,900
Max Sale Price:
$150,000
Med Sale Price:
$58,000
Sep 2025
Sales:
10
Avg $ Per SqFt:
$66.41
Min Sale Price:
$4,000
Max Sale Price:
$4,000,000
Med Sale Price:
$35,000
Aug 2025
Sales:
1
Avg $ Per SqFt:
$
Min Sale Price:
$8,500
Max Sale Price:
$8,500
Med Sale Price:
$8,500
MLS Number: 10226590
Kenya Harrison – (901) 314-8534 – kenharrisonyour901realtor@gmail.com
Infinity Group REALTORS, Inc. – (901) 502-5894 – infinitygrouprealtors@gmail.com
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MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Memphis Area Association of Realtors.
MLS Number: 10226590
Kenya Harrison – (901) 314-8534 – kenharrisonyour901realtor@gmail.com
Infinity Group REALTORS, Inc. – (901) 502-5894 – infinitygrouprealtors@gmail.com