Don't miss this fantastic investment opportunity! This recently updated 2BR/2BA condo comes with assigned covered carport parking and a stable tenant in place, paying $900/month. The tenant holds a Section 8 voucher, ensuring consistent rental income as the full rent is covered. The lease renews on 06/26, providing immediate cash flow for the savvy investor. New hot water heater. This property is a great addition to your portfolio-schedule a showing today! Tenant occupied! No showings until accepted offer.
Details
MLS #
10222173
Listing Type
For Sale
Style
Duplex
Sub-Type
Resale
Status
Active
Year
1969
Days On Site
99
Listing Provided By
Purple Reign Realty | Stephanie Lewis
Features
Bed(s)
2
Bath(s)
2 Total
Garage
1
Story(s)
1
Acreage
0.02
Interior
Number Of Rooms
4
Cooling
Central
Heating
Central
Area Information
State
TN
County
Shelby
City
Memphis
Zip Code
38115
Area
Fox Meadows
Subarea
784A
Community Name
ALDENS GATE
Listing VS Median (in ALDENS GATE)
Price: $30,000
low | high
Med: $0
On site: 99
low | high
Med:
Sourced by Back At You
Market Activity 38115
Date
Sales
Avg $ Per SqFt
Min Sale Price
Max Sale Price
Med Sale Price
Date: Jul 2026
Sales: 7
Avg $ Per SqFt: $
Min Sale Price: $16,000
Max Sale Price: $163,000
Med Sale Price: $115,000
Date: Jun 2026
Sales: 7
Avg $ Per SqFt: $
Min Sale Price: $35,000
Max Sale Price: $215,000
Med Sale Price: $163,000
Date: May 2026
Sales: 4
Avg $ Per SqFt: $
Min Sale Price: $155,000
Max Sale Price: $200,000
Med Sale Price: $170,000
Date: Apr 2026
Sales: 14
Avg $ Per SqFt: $
Min Sale Price: $80,000
Max Sale Price: $260,000
Med Sale Price: $185,700
Date: Mar 2026
Sales: 4
Avg $ Per SqFt: $
Min Sale Price: $150,000
Max Sale Price: $187,400
Med Sale Price: $164,950
Date: Feb 2026
Sales: 9
Avg $ Per SqFt: $
Min Sale Price: $55,000
Max Sale Price: $259,900
Med Sale Price: $150,000
Date: Jan 2026
Sales: 13
Avg $ Per SqFt: $91.84
Min Sale Price: $74,885
Max Sale Price: $258,000
Med Sale Price: $190,000
Date: Dec 2025
Sales: 11
Avg $ Per SqFt: $43.43
Min Sale Price: $40,000
Max Sale Price: $220,000
Med Sale Price: $120,000
Date: Nov 2025
Sales: 11
Avg $ Per SqFt: $87.44
Min Sale Price: $46,500
Max Sale Price: $225,000
Med Sale Price: $172,000
Date: Oct 2025
Sales: 13
Avg $ Per SqFt: $99.95
Min Sale Price: $60,000
Max Sale Price: $242,000
Med Sale Price: $180,000
Date: Sep 2025
Sales: 4
Avg $ Per SqFt: $85.38
Min Sale Price: $123,000
Max Sale Price: $195,000
Med Sale Price: $163,550
Date: Aug 2025
Sales: 2
Avg $ Per SqFt: $127.89
Min Sale Price: $199,500
Max Sale Price: $220,000
Med Sale Price: $209,750
Sourced by Back At You
Jul 2026
Sales:
7
Avg $ Per SqFt:
$
Min Sale Price:
$16,000
Max Sale Price:
$163,000
Med Sale Price:
$115,000
Jun 2026
Sales:
7
Avg $ Per SqFt:
$
Min Sale Price:
$35,000
Max Sale Price:
$215,000
Med Sale Price:
$163,000
May 2026
Sales:
4
Avg $ Per SqFt:
$
Min Sale Price:
$155,000
Max Sale Price:
$200,000
Med Sale Price:
$170,000
Apr 2026
Sales:
14
Avg $ Per SqFt:
$
Min Sale Price:
$80,000
Max Sale Price:
$260,000
Med Sale Price:
$185,700
Mar 2026
Sales:
4
Avg $ Per SqFt:
$
Min Sale Price:
$150,000
Max Sale Price:
$187,400
Med Sale Price:
$164,950
Feb 2026
Sales:
9
Avg $ Per SqFt:
$
Min Sale Price:
$55,000
Max Sale Price:
$259,900
Med Sale Price:
$150,000
Jan 2026
Sales:
13
Avg $ Per SqFt:
$91.84
Min Sale Price:
$74,885
Max Sale Price:
$258,000
Med Sale Price:
$190,000
Dec 2025
Sales:
11
Avg $ Per SqFt:
$43.43
Min Sale Price:
$40,000
Max Sale Price:
$220,000
Med Sale Price:
$120,000
Nov 2025
Sales:
11
Avg $ Per SqFt:
$87.44
Min Sale Price:
$46,500
Max Sale Price:
$225,000
Med Sale Price:
$172,000
Oct 2025
Sales:
13
Avg $ Per SqFt:
$99.95
Min Sale Price:
$60,000
Max Sale Price:
$242,000
Med Sale Price:
$180,000
Sep 2025
Sales:
4
Avg $ Per SqFt:
$85.38
Min Sale Price:
$123,000
Max Sale Price:
$195,000
Med Sale Price:
$163,550
Aug 2025
Sales:
2
Avg $ Per SqFt:
$127.89
Min Sale Price:
$199,500
Max Sale Price:
$220,000
Med Sale Price:
$209,750
MLS Number: 10222173
Stephanie Lewis – (901) 574-2148 – stephanie@purplereignrealty.com
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: 10222173
Stephanie Lewis – (901) 574-2148 – stephanie@purplereignrealty.com