TURNKEY INVESTMENT OPPORTUNITY! This tenant-occupied 4-bedroom, 2-bath home is currently rented for $995/ month through 05/25/2028, providing immediate rental income with an established tenant already in place. The home offers a functional floor plan and convenient parking, making it a solid addition to an investment portfolio. Whether you’re an experienced investor looking to grow your portfolio or purchasing your first rental property, this income-producing home offers an attractive opportunity at an affordable price point. Please do not disturb the tenant. No showings without an accepted offer. Financials available upon request. No wholesalers, assignments, or creative financing! PROFESSIONALLY MANAGED IN-HOUSE Owner/Agent
Single-familyProperty Type
1957Year Built
3,484 sq ftLot Size
Listed by James Wachob• Foundation Property Management
Hamilton, located between Summer Avenue and Macon Road, is a residential and industrial Memphis neighborhood with rail corridors and warehouse blocks. The neighborhood’s character concentrates around the Summer Ave & Graham St corridor, where auto shops, taquerias, and small storefronts line a fast-moving commercial strip. Housing skews to modest mid-century ranches and older cottages set on practical lots, with long sightlines to utility easements and tracks. Broad arterials shape daily rhythms, with local errands oriented to Summer Avenue’s independent businesses. Nearby green space and community facilities add a quieter counterpoint to the working streetscape.
Provided by Walk Score and Local Logic
Offer insights
1410 Lyceum Rd · $124,900
$125K and above
75% chance or better to win
Why $125K+ is a strong offer
DAYS ON MARKET
132 days
The average home goes pending in 37 days.
SALE-TO-LIST
96.8%
Most homes are selling 3% below list price.
About offer insights
Property details
Interior
Exterior
Finance
Interior features
Seven total rooms
One-story layout
Vinyl flooring
Washer/dryer connections
All bedrooms on main level
Other interior features (see remarks)
Bedrooms
Four bedrooms (all on main level)
Bathrooms
Two full bathrooms
Kitchen
Separate dining room and separate living room (kitchen area implied)
Laundry & utility
Washer/dryer connections
Flooring
Vinyl floors
Heating & cooling
Heating: Other (see remarks)
Cooling: Other (see remarks)
Exterior features
Front porch
Level lot
Other exterior/windows (see remarks)
Home design
Detached single-family home
Traditional style
Built in 1957
Parking
On-street parking
Other parking/storage (see remarks)
Construction
Existing property (pre-owned)
Utilities
Heating and cooling listed as other (see remarks)
Other
Lot approximately 34 x 100
Acreage about 0.08
Electricity and solar
View estimated energy costs and solar savings for this home
Memphis Area Association of Realtors(R) MLS #10220369
Apr 28, 2026
Listed
$124,900
BUILDIUM #1
May 24, 2026
Rental Removed
$995
Apr 29, 2026
Price Changed
$995
Apr 16, 2026
Price Changed
$1,025
Jun 5, 2025
Listed for Rent
$1,095
Public Records
Apr 13, 2007
Sold
$28,000
Public Records
Aug 22, 1957
Sold
$7,400
Year
Property tax
Land + Additions
Assessment*
2025
$492 (+29.8%)
$1,350 + $16,525
$17,875
2024
$379 (+8.1%)
$1,350 + $7,975
$9,325
2023
$350
$550 + $5,200
$5,750
2022
$350 (−1.2%)
$550 + $5,200
$5,750
2021
$354 (−14.2%)
$550 + $5,200
$5,750
2020
$413
$550 + $5,200
$5,750
2019
$413
$550 + $5,150
$5,700
2018
$413 (+76.3%)
$550 + $5,150
$5,700
2017
$234 (−7.8%)
$550 + $5,150
$5,700
2016
$254
$550 + $5,150
$5,700
2014
$254
$550 + $5,275
$5,825
Public record
Public record
Zoning
Beds
2
Baths
2
Stories
1
Lot width
34 ft.
Lot depth
100 ft.
Lot size
3,828 Sq. Ft.
Year renovated
2005
Finished Sq. Ft.
1,084
Unfinished Sq. Ft.
—
Total Sq. Ft.
1,084
Year built
1957
Style
Single Family Residential
County
Shelby County
APN
060073 00025
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 13, 2026.
RU-1
Residential Urban-1 District
Residential development in the RU-1 District allows a variety of housing types including single-family detached (conventional, side yard house, Cottage) and single-family attached (semi-attached, two-family). New RU-1 districts should have a shared street network with and are generally located at least 500 to 1,000 ft from a CMU-1, CMU2, CMU-3, or CBD district or at are least 500 to 1,000 ft from an arterial.
Permitted uses
Include but are not limited to:
Religious facility
Housing-Single unit
Housing-Multiple units
Housing-Senior
Infrastructure
Educational/school
Fire house
Police station
Recreation
Park & open space
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
6/10 Heat Factor
7 days above 108° expected this year, 21 days in 30 years
4/10 Wind Factor
15% chance of strong winds in next 30 years
2/10 Air Factor
2 unhealthy days expected this year, 2 days in 30 years
Provided by First Street
Historical weather
Memphis, TN • 38106
Average low and high temperatures (°F)
46
30
56
38
70
50
76
58
78
63
87
72
92
77
89
71
85
67
77
57
65
49
54
39
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
85/ 100
Very good sunlight
Sunscore
This home receives average direct sun exposure in Memphis. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.2 hrs
6.2 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 1410 Lyceum Rd
$122,067
$2,833 under list price of $125K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $63K to $110K.