Currently tenant-occupied paying $1,200 a month! Great opportunity in a very strong rental market! This home offers a 3-bedroom, 1 bath, living room, huge kitchen with granite tops, and a very large den. This is a great floor plan with 1,319 sq. ft. of living space on a fenced 0.15-acre lot. Features include fresh paint, central heat and air, new dimensional roof, updated electrical panel with room to expand, new thermostat, all tile flooring, new low-e double pane windows, new blinds, and new LED lighting throughout. Interior highlights include all mentioned above, plus new door hardware, fenced yard, and a storage shed in the back yard. Recent upgrades deliver lower maintenance costs and long-term value. This is a very low-maintenance, income-producing property ideal for buy-and-hold investors seeking stable cash flow and future upside. Do not disturb the tenant. We also have a property offered for sale located at 1309 Semmes St., Memphis, TN 38111.
Details
MLS #
10231408
Listing Type
For Sale
Style
House
Sub-Type
Resale
Status
Active
Year
1969
Days On Site
4
Listing Provided By
STIXNBRIX | Heath Gooch
Features
Bed(s)
3
Bath(s)
1 Total
Story(s)
1
Acreage
0.15
Property View
Chain Fenced, Level, Some Trees, Wo
Interior
Number Of Rooms
6
Cooling
220 Wiring, Ceiling Fan(s), Central
Heating
Central, Gas
Misc Interior
All Window Treatments, Attic Access, Smoke Detector(s), Walk-In Closet(s)
Exterior
Roof
Composition Shingles
Security
Smoke Detector(s)
Foundation
Slab
Lot Description
Chain Fenced, Level, Some Trees, Wood Fenced
Area Information
State
TN
County
Shelby
City
Memphis
Zip Code
38109
Area
Mitchell | Westwood
Subarea
762B
Community Name
INDIAN HILLS
Listing VS Median (in INDIAN HILLS)
Price: $125,000
low | high
Med: $0
On site: 4
low | high
Med:
Sourced by Back At You
Market Activity 38109
Date
Sales
Avg $ Per SqFt
Min Sale Price
Max Sale Price
Med Sale Price
Date: Aug 2026
Sales: 14
Avg $ Per SqFt: $
Min Sale Price: $7,000
Max Sale Price: $168,000
Med Sale Price: $127,750
Date: Jul 2026
Sales: 15
Avg $ Per SqFt: $
Min Sale Price: $33,500
Max Sale Price: $240,000
Med Sale Price: $121,500
Date: Jun 2026
Sales: 16
Avg $ Per SqFt: $
Min Sale Price: $7,500
Max Sale Price: $310,000
Med Sale Price: $71,000
Date: May 2026
Sales: 17
Avg $ Per SqFt: $
Min Sale Price: $16,000
Max Sale Price: $306,000
Med Sale Price: $76,000
Date: Apr 2026
Sales: 23
Avg $ Per SqFt: $
Min Sale Price: $8,000
Max Sale Price: $209,900
Med Sale Price: $64,000
Date: Mar 2026
Sales: 35
Avg $ Per SqFt: $
Min Sale Price: $10,500
Max Sale Price: $420,000
Med Sale Price: $75,000
Date: Feb 2026
Sales: 26
Avg $ Per SqFt: $
Min Sale Price: $8,500
Max Sale Price: $300,000
Med Sale Price: $71,500
Date: Jan 2026
Sales: 27
Avg $ Per SqFt: $66.94
Min Sale Price: $6,500
Max Sale Price: $254,000
Med Sale Price: $100,000
Date: Dec 2025
Sales: 20
Avg $ Per SqFt: $78.37
Min Sale Price: $7,000
Max Sale Price: $125,000
Med Sale Price: $64,000
Date: Nov 2025
Sales: 27
Avg $ Per SqFt: $76.46
Min Sale Price: $4,000
Max Sale Price: $165,000
Med Sale Price: $78,000
Date: Oct 2025
Sales: 20
Avg $ Per SqFt: $79
Min Sale Price: $18,500
Max Sale Price: $500,000
Med Sale Price: $104,000
Sourced by Back At You
Aug 2026
Sales:
14
Avg $ Per SqFt:
$
Min Sale Price:
$7,000
Max Sale Price:
$168,000
Med Sale Price:
$127,750
Jul 2026
Sales:
15
Avg $ Per SqFt:
$
Min Sale Price:
$33,500
Max Sale Price:
$240,000
Med Sale Price:
$121,500
Jun 2026
Sales:
16
Avg $ Per SqFt:
$
Min Sale Price:
$7,500
Max Sale Price:
$310,000
Med Sale Price:
$71,000
May 2026
Sales:
17
Avg $ Per SqFt:
$
Min Sale Price:
$16,000
Max Sale Price:
$306,000
Med Sale Price:
$76,000
Apr 2026
Sales:
23
Avg $ Per SqFt:
$
Min Sale Price:
$8,000
Max Sale Price:
$209,900
Med Sale Price:
$64,000
Mar 2026
Sales:
35
Avg $ Per SqFt:
$
Min Sale Price:
$10,500
Max Sale Price:
$420,000
Med Sale Price:
$75,000
Feb 2026
Sales:
26
Avg $ Per SqFt:
$
Min Sale Price:
$8,500
Max Sale Price:
$300,000
Med Sale Price:
$71,500
Jan 2026
Sales:
27
Avg $ Per SqFt:
$66.94
Min Sale Price:
$6,500
Max Sale Price:
$254,000
Med Sale Price:
$100,000
Dec 2025
Sales:
20
Avg $ Per SqFt:
$78.37
Min Sale Price:
$7,000
Max Sale Price:
$125,000
Med Sale Price:
$64,000
Nov 2025
Sales:
27
Avg $ Per SqFt:
$76.46
Min Sale Price:
$4,000
Max Sale Price:
$165,000
Med Sale Price:
$78,000
Oct 2025
Sales:
20
Avg $ Per SqFt:
$79
Min Sale Price:
$18,500
Max Sale Price:
$500,000
Med Sale Price:
$104,000
MLS Number: 10231408
Heath Gooch – (901) 870-6960 – efgooch@gmail.com
STIXNBRIX – (901) 432-6326 – vernita8@hotmail.com
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