Meticulously renovated from top to bottom, this turnkey investment property is the perfect addition to any new or seasoned investor's portfolio. Nearly every major component has been updated, including a new roof, HVAC system and water heater, giving you peace of mind and minimal maintenance cost for years to come. The interior has been beautifully refreshed, creating a space tenants will love. Even better the property is already tenant-occupied, so you can generate income from day 1 without the hassle of finding a renter. Outside, the spacious backyard features a new privacy fence, ideal for pets and outdoor enjoyment. The extended driveway continues into the backyard, and the double gate provides secure off-street parking. Currently rented for $1,050 with professional management in place, this property is cash flowing from day 1. Don't miss this opportunity to own a fully renovated, income-producing property with nothing left to do but collect rent. Call your agent today!
Details
MLS #
10226278
Listing Type
For Sale
Style
House
Sub-Type
Resale
Status
Active
Year
1910
Days On Site
72
Listing Provided By
Keller Williams | Jacob Laurence
Features
Bed(s)
4
Bath(s)
1 Total
Story(s)
1
Acreage
0.11
Property View
Level, Wood Fenced
Interior
Number Of Rooms
4
Cooling
Other (See REMARKS)
Heating
Other (See REMARKS)
Exterior
Lot Description
Level, Wood Fenced
Area Information
State
TN
County
Shelby
City
Memphis
Zip Code
38106
Area
South Memphis | 61 Hwy
Subarea
747B
Community Name
GAITHER
Listing VS Median (in GAITHER)
Price: $105,000
low | high
Med: $0
On site: 72
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: Aug 2026
Sales: 8
Avg $ Per SqFt: $
Min Sale Price: $34,000
Max Sale Price: $130,000
Med Sale Price: $53,500
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: 12
Avg $ Per SqFt: $
Min Sale Price: $4,500
Max Sale Price: $179,000
Med Sale Price: $8,166
Date: Apr 2026
Sales: 8
Avg $ Per SqFt: $
Min Sale Price: $4,000
Max Sale Price: $181,000
Med Sale Price: $68,500
Date: Mar 2026
Sales: 11
Avg $ Per SqFt: $
Min Sale Price: $10,000
Max Sale Price: $265,000
Med Sale Price: $65,000
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: 15
Avg $ Per SqFt: $63.58
Min Sale Price: $11,000
Max Sale Price: $335,000
Med Sale Price: $65,000
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
Sourced by Back At You
Aug 2026
Sales:
8
Avg $ Per SqFt:
$
Min Sale Price:
$34,000
Max Sale Price:
$130,000
Med Sale Price:
$53,500
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:
12
Avg $ Per SqFt:
$
Min Sale Price:
$4,500
Max Sale Price:
$179,000
Med Sale Price:
$8,166
Apr 2026
Sales:
8
Avg $ Per SqFt:
$
Min Sale Price:
$4,000
Max Sale Price:
$181,000
Med Sale Price:
$68,500
Mar 2026
Sales:
11
Avg $ Per SqFt:
$
Min Sale Price:
$10,000
Max Sale Price:
$265,000
Med Sale Price:
$65,000
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:
15
Avg $ Per SqFt:
$63.58
Min Sale Price:
$11,000
Max Sale Price:
$335,000
Med Sale Price:
$65,000
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
MLS Number: 10226278
Jacob Laurence – (901) 503-6557 – realtor@jacoblaurence.com
Keller Williams – (901) 261-7900 – weesie@weesiemakesitez.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: 10226278
Jacob Laurence – (901) 503-6557 – realtor@jacoblaurence.com
Keller Williams – (901) 261-7900 – weesie@weesiemakesitez.com