South Memphis
For sale
Price
Beds/baths
Home type
South Memphis, TN Homes for Sale
Investment Opportunity! Property being sold AS-IS. Add this house to your portfolio today!
Charming fully renovated home with modern updates with classic charm. This stunning property features an open floor plan, creating a bright and airy atmosphere perfect for entertaining or everyday living. Spacious living room and cozy sitting area, offering plenty of space to relax and unwind. The large kitchen with ample counter space, and stylish cabinetry. Inviting front porch, large yard.
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Big house in popular investment area! It's nearly rent-ready now, so you can absolutely come in and do a few more finishing touches to satisfy Section 8 requirements for insane cashflow! Market rent in this neighborhood for this type of house is $1100 or so, and Sec. 8 can reach up to about $1400 - for the price, you can finally get a deal that makes sense in this market! Buyer to verify all facts. NO wholesaler offers or 'creative financing/seller-financing' offers will be accepted. If obtaining a loan, please check with your lender to be sure this house meets their minimum loan requirement.
Tenant Occupied with longterm tenants, no viewings without accepted contract. New roof, new windows, new paint, new flooring.
INVESTORS, this one is for you. Cash flowing rental property with guaranteed income! Monthly rent of $1,441 is 100% covered by Section 8. Lease ends on 9/30/2025. Minimal maintenance brick home under 20 years old, with a responsible tenant happily in place. Let this be the next step in your investing journey. DO NOT DISTURB TENANTS. No showings without an accepted offer.