Description
Turnkey property exceeding the 1% rule! Very solid investment opportunity in 38128! This property features a 3 bed/1 bath with a 1-car garage which is rare for the location and drives tenant demand! Completely renovated in 2024 prior to tenant move-in! TENANT OCCUPIED, DO NOT DISTURB TENANT. Drive by ONLY! Property is rented for $1,150/month & the lease expires 1/1/2027. Section 8 tenant. Copy of the lease available upon request. No showings without an accepted contract. Make offers contingent on inspection. Listing photos & video taken after renovation in 2024. Don't miss this opportunity for a turnkey & cashflow heavy 1% rule property! Contact a local realtor and make your offer today! VIDEO AVAILABLE UPON REQUEST!
Location
Listed By
Similar Listings
Residential
$109,900
MLS# 10220089
ACTIVE
Listing Office: Trelora Realty
Residential
$109,900
MLS# 10219007
ACTIVE
Listing Office: CrestCore Realty MphsBrokerage
Residential
$114,900
MLS# 10217542
PENDING
Listing Office: ResiAmerica, Inc.
Residential
$119,900
MLS# 10216755
ACTIVE
Listing Office: Crye-Leike, Inc., REALTORS
Residential
$110,000
MLS# 10215746
ACTIVE
Listing Office: 4 Success Realty, LLC
Residential
$109,150
MLS# 10186324
ACTIVE
Listing Office: Foundation Property Management
No similar listings found
Unfortunately, we don't have any similar listings at the moment. Please remove or change some of the selected filters.
The information provided is for the consumer'€™s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties that the consumer may be interested in purchasing. Information deemed reliable, but not guaranteed. Some or all of the listings displayed may not belong to the firm whose website is being visited and may not represent all properties offered for sale through the MAAR Multiple Listing Service. Information is deemed reliable but is not guaranteed. Copyright© Memphis Area Association of REALTORS®. Updated: 12th May, 2026 11:52 PM (UTC)
Listing Office: EXp Realty, LLC
