Description
call 9018319661 to view Cash-flowing investment property with a tenant already in place at $995/month on a lease through 3/31/2028 - no vacancy, no turnover costs, income from day one. Fully renovated in 2026 with all the big-ticket items already handled: Roof - less than one year old HVAC - brand new Water heater - brand new This is the kind of property that lets an investor skip the capex headaches for years. The major systems are done, the tenant is secured, and the lease runs well into 2028. Part of a 6-Property Portfolio The seller is divesting his entire Memphis portfolio. 821 Carol Ann can be purchased individually or bundled with the rest of the package: 3133/5 Nathan Ave - 38112 1624 Mary Dr - 38111 4498 Suncrest - 38127 821 Carol Ann - 38127 2933 N Radford - 38114 3239 Nathan Ave - 38112 Ideal for an investor looking to scale quickly with stabilized, renovated assets across established Memphis rental submarkets. Buy one, buy several, or take the whole package.
Details
| MLS # | 10230767 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1972 |
| Days On Site | 14 |
| Listing Provided By | eXp Realty, LLC | Abdullah Abunasrah |
Features
| Bed(s) | 3 |
|---|---|
| Bath(s) | 1 Total |
| Garage | 1 |
| Story(s) | 1 |
| Acreage | 0.16 |
| Property View | Some Trees |
Interior
| Number Of Rooms | 5 |
|---|---|
| Cooling | Central |
| Heating | Central |
Exterior
| Lot Description | Some Trees |
|---|
Area Information
| State | TN |
|---|---|
| County | Shelby |
| City | Memphis |
| Zip Code | 38127 |
| Area | Northaven |
| Subarea | 722A |
| Community Name | NORTHAVEN |
| Listing VS Median (in NORTHAVEN) | |
Price: $119,900 low | high Med: $0 On site: 14 low | high Med: | |
Market Activity 38127
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Learn More About This Property
| State | TN |
|---|---|
| County | Shelby |
| City | Memphis |
| Zip Code | 38127 |
| Area | Northaven |
| Subarea | 722A |
| Community Name | NORTHAVEN |
| Listing VS Median (in NORTHAVEN) | |
Price: $119,900 low | high Med: $0 On site: 14 low | high Med: | |
 | $134,9004995 Mike DrMemphis, TN 38127 |
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