Cash Cow Turnkey Triplex Investment Opportunity Exceeding the 1% Rule In Orange Mound! Drive By ONLY! Tenant Occupied. DO NOT DISTURB THE TENANTS! Unit 1 Is Rented Section 8 At $850/month Until 10/31/2025. Unit 2 Is Rented Section 8 For $895/month Until 10/31/2025. Unit 3 Is Vacant & Currently Marketed For Rent at $750/month. All Units Are 1 bed/1 bath. When Fully Occupied The Property Will Generate $2,495/month. Great Turnkey Triplex Exceeding The 1% Rule Even With Only 2/3 Units Rented or You Can Try A House-hack & Move In To Unit 3 Using A VA or FHA Loan! Make Offers Contingent On Inspection. Copy of The Leases & T-12 Available Upon Request. Inside Pictures Are From The
Fully Renovated Brick 3/1 Move-in ready! New kitchen & bathroom, new interior/exterior paint, updated electrical, new light fixtures, new tile & LVP flooring, and a roof with new shingles. Easy, single-level living with a clean, modern finish throughout. Great option for a first-time buyer or a turnkey rental addition. Section 8 pays $1,540 for 3 bedrooms in this area!
New tile flooring • Updated electrical • Renovated brick
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ABOUT THIS HOME
Orange Mound, TN Homes for Sale
* * * Investors * * * Are you looking for your next Buy and Hold investment or flip? Home is within a 1 mile radius of properties that sell upwards of $125,000 on streets like Hamilton Street, Dunmoor Street, and Buntyn Street, just to name a few. Great opportunity, don't miss it.
2607 Barron Ave, Memphis, TN 38114 Investor-friendly 3BR/1BA home in Barron Heights with approx. 1,100 sq ft of living space on a 0.25-acre lot. Features include hardwood, tile, and carpet flooring, separate living and dining rooms, central HVAC, and a covered front porch with wrought iron security doors. Built in 1932. Tenant-occupied at $650/month. Property sold as-is. Part of a 4-property investment package • 1660 S Wellington St, Memphis TN 38106 – $79,000 • 1823 Cedarhurst Ave, Memphis TN 38127 – $83,000 • 2220 Hillside Ave, Memphis TN 38127 – $100,000
Hardwood flooring • Carpet flooring • Central hvac
ABOUT THIS HOME
Orange Mound, TN Homes for Sale
Move-In Ready! Cute and well-kept 2BD/1BA starter home—perfect for downsizing, investing, or first-time buyers. Nicely maintained yard, older home with charm, and ready for you today. Roof is about 7 years old, AC unit about 2 years old. Hot Water Heater Works but is old so will need to be replaced soon. Only $65,000 – Don’t miss this deal!