Tenant-Occupied Investment Property at 2382 Vanderbilt — $900/mo Cash-flowing single-family rental with an excellent tenant already in place paying $900/month, offering investors immediate, dependable income. With a strong tenant and no lease-up period required, this is a true turnkey addition to any rental portfolio. This is a straightforward, hands-off opportunity for investors seeking steady returns from a stabilized asset. Reliable tenants like this one are what make a rental property genuinely low-maintenance — reach out for the rent roll and lease details. Please note: No showings without an accepted offer No seller financing or creative financing — cash or conventional financing only
Single-familyProperty Type
1947Year Built
0.46 acresLot Size
$98Price/Sq.Ft.
Listed by Caleb Parr• Renshaw Company Realtors
Contact: 9014840478
Bought with Briscoe Ellett• Weichert, REALTORS-BenchMark
Memphis Area Association of Realtors(R) MLS #10228428
Oct 5, 2026
Sold
$85,000
$98/sq ft
Aug 14, 2026
Listed
$100,000
$115/sq ft
+5
Tenant-Occupied Investment Property at 2382 Vanderbilt — $900/mo Cash-flowing single-family rental with an excellent tenant already in place paying $900/month, offering investors immediate, dependable income. With a strong tenant and no lease-up period required, this is a true turnkey addition to any rental portfolio. This is a straightforward, hands-off opportunity for investors seeking steady returns from a stabilized asset. Reliable tenants like this one are what make a rental property genuinely low-maintenance — reach out for the rent roll and lease details. Please note: No showings without an accepted offer No seller financing or creative financing — cash or conventional financing only
Year
Property tax
Land + Additions
Assessment*
2025
$692 (+18.7%)
$2,000 + $11,125
$13,125
2024
$583 (+8.1%)
$2,000 + $11,125
$13,125
2023
$539
$1,625 + $7,225
$8,850
2022
$539 (−1.2%)
$1,625 + $7,225
$8,850
2021
$545 (−11.7%)
$1,625 + $7,225
$8,850
2020
$618
$1,625 + $7,225
$8,850
2019
$618
$1,625 + $6,900
$8,525
2018
$618 (+76.3%)
$1,625 + $6,900
$8,525
2017
$350 (−2.9%)
$1,625 + $6,900
$8,525
2016
$361
$1,625 + $6,900
$8,525
2014
$361
$1,625 + $6,650
$8,275
Public record
Public record
Zoning
Beds
2
Baths
1
Stories
1
Lot width
80 ft.
Lot depth
250 ft.
Lot size
0.46 Acres
Year renovated
—
Sq. Ft.
870
Year built
1947
Style
Single Family Residential
County
Shelby County
APN
060020 00032
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Oct 15, 2026.
R-6
Residential Single Family-6 District
The single-family residential districts are intended to accommodate one single-family detached principal dwelling unit per lot. These districts should be applied in areas where the land-use pattern is predominately single-family residential or where such a land use pattern is desired in the future. Five single-family residential districts are established-R-6 which are differentiated primarily on the basis of minimum lot area and setback requirements. New R-6 districts are generally located in an infill or redevelopment location where similar lot sizes are part of the original fabric of development. Additionally, R-6 districts should have a shared street network with and are generally located at least 500 to 1,000 ft from a CMU-1, CMU-2, CMU-3, or CBD district.
Permitted uses
Include but are not limited to:
Religious facility
Housing-Senior
Infrastructure
Educational / school
Fire house
Police station
Recreation
Park & open space
Property details
Parking
Parking Information
Parking Total: 0
Parking Features: Parking Pad
Interior
Bedroom Information
# of Bedrooms: 2
Bathroom Information
# of Full Baths (Total): 1
Basement Information
Basement Features: Other
Heating & Cooling
Has Heating
Heating Information: Central
Has Cooling
Cooling Information: Central Air
Interior Features
Flooring: Other
Exterior
Building Information
Roof: Shingle
Property Information
Property Type: Residential
Property Sub Type: Single Family Residence
Above Grade Finished Area Units: Square Feet
Above Grade Finished Area Source: Assessor
Below Grade Finished Area Units: Square Feet
Below Grade Finished Area Source: Assessor
Lot Information
Lot Size Area: 0.46
Lot Size Units: Acres
Lot Size Acres: 0.46
Lot Size Dimensions: 80X250
Lot Size Source: Assessor
Financial
Tax Information
Tax Annual Amount: $692
Location
Location Information
Directions: From Downtown Memphis, take I-55 South to McLemore Ave. Turn left onto McLemore Ave, then right onto S Parkway E. Turn left onto Vanderbilt Rd and continue to 2382 Vanderbilt Rd, Memphis, TN 38106.
Public facts
Beds: 2
Baths: 1.0
Sq. Ft.: 870
Stories: 1.0
Lot Size: 0.46 acres
Style: Single Family Residential
Year Built: 1947
Year Renovated: —
County: Shelby County
APN: 060020 00032
Home facts updated by county records on Oct 15, 2026
Other
Home Information
Living Area: 870
Living Area Units: Square Feet
Living Area Source: Assessor
Building Area Total: 870
Building Area Units: Square Feet
Building Area Source: Assessor
Year Built Details: Existing
Levels: Three Or More
Around this home
Schools
A B Hill Elementary School
Public PreK-5 • Assigned • 2.4mi
3/10
Riverview Middle School
Public PreK-8 • Assigned • 2.7mi
6/10
Hamilton High School
Public 9-12 • Assigned • 1.5mi
3/10
Provided by GreatSchools
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 109° expected this year, 19 days in 30 years
4/10 Wind Factor
21% 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
87
67
77
57
65
49
54
39
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
94/ 100
Exceptional sunlight
Sunscore
This home ranks in the top 15% for direct sun exposure in Memphis. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9 hrs
6.1 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$83,000 – $100,000
Sell confidently with a local market expert in Memphis.