Mallory Heights, TN homes for sale & real estate

Mallory Heights, TN Homes for Sale

Great Investment Property - Selling in "AS-IS" Condition.

Mallory Heights, TN Homes for Sale

Investors! Welcome to a lovely 4 Bed/2 Bath rental that is cash flowing at $1,250 per month! Located close to entertainment and commerce, this neighborhood is prime for growth. The current lease runs through 09/30/2025, so don't miss this opportunity to expand your portfolio! This unit is part of a package of 18 properties.

Mallory Heights, TN Homes for Sale

4-bedroom, 1-bath investment property priced at just $49,500. With an estimated $27,000 in repairs, this home is ideal for investors seeking a solid value-add project with strong cash flow potential. Key Highlights: Located in Memphis’ 38109 ZIP — a high-demand rental area minutes from Downtown, Surrounded by active investor activity and long-term community growth, Section 8 rental comps in the area average $1,400/month, with consistent demand for 4-bedroom units. This property offers a chance to build equity and generate reliable rental income in a growing submarket. Perfect for a buy-and-hold investor or someone looking to build a small rental portfolio. Being sold as-is.

Mallory Heights, TN Homes for Sale

Investment opportunity. Professionally managed and tenant occupied DUPLEX. Each unit is 2 bedrooms and 1 bathroom and brick exterior (4 bedrooms 2 full bathrooms total). Addresses are 33 & 35 E. Fernwood. The market rent is probably $900 or more per unit ($1800 or more) and the current rent is $1045. Property is fully rented out and professionally managed (leases, ledgers, repair history in place). 100% occupied property. Rents are $550/mo and $495/mo with leases ending 12/31/25 and 8/31/25. One unit was recently rehabbed within the last 12 months. Property has hardwood floors and very convenient location.