Description
Price Improvement! Investor opportunity with tenant already in place! This well-maintained, professionally managed 3BD/1BA single-family home is generating $1,050/month with a lease secured through 12/31/2026 immediate cash flow from day one with no vacancy risk. Located in the Historic Vollintine Evergreen neighborhood, this solid home has been consistently cared for without the need for major capital investment upfront. Value-add potential through cosmetic updates or rent optimization at lease renewal. Conveniently located near I-240, Downtown Memphis, and Midtown amenities, keeping demand strong from Memphis's steady renter pool. Do not disturb tenant. Showings by appointment only with accepted offer and proof of funds. Sold AS-IS. Buyer to verify all information. Photos reflect pre-tenancy condition. Property is currently tenant-occupied.
Details
| MLS # | 10224242 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Pending |
| Year | 1926 |
| Days On Site | 69 |
| Listing Provided By | eXp Realty | Aaron Ivey |
Features
| Bed(s) | 3 |
|---|---|
| Bath(s) | 1 Total |
| Garage | 1 |
| Story(s) | 1 |
| Acreage | 0.14 |
| Property View | Level, Some Trees |
Interior
| Number Of Rooms | 6 |
|---|---|
| Cooling | Central |
| Heating | Central |
Exterior
| Lot Description | Level, Some Trees |
|---|
Area Information
| State | TN |
|---|---|
| County | Shelby |
| City | Memphis |
| Zip Code | 38107 |
| Area | Overton Park |
| Subarea | 744A |
| Community Name | VOLLINTINE EVERGREEN |
| Listing VS Median (in VOLLINTINE EVERGREEN) | |
Price: $105,000 low | high Med: $0 On site: 69 low | high Med: | |
Market Activity 38107
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Learn More About This Property
| State | TN |
|---|---|
| County | Shelby |
| City | Memphis |
| Zip Code | 38107 |
| Area | Overton Park |
| Subarea | 744A |
| Community Name | VOLLINTINE EVERGREEN |
| Listing VS Median (in VOLLINTINE EVERGREEN) | |
Price: $105,000 low | high Med: $0 On site: 69 low | high Med: | |
 | $197,400915 Garland StMemphis, TN 38107 |
 | $100,000929 N Mcneil StMemphis, TN 38107 |
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