Cheap homes for sale & real estate in 38126, TN

Cheap Home for sale in 38126, TN:

ATTENTION INVESTORS!! Selling under appraised value!! This tenant-occupied multi-family offers an opportunity to add another income-producing property to your portfolio. The property has a combined 4-bedroom, 2-bath configuration and currently generates $1,450 in rental income. 574 – 2 bedrooms, 1 bath | Rent: $750/month through 03/31/2028. 576 – 2 bedrooms, 1 bath | Rent: $700/month through 09/16/2026. An opportunity to purchase an income-producing multi-family property with tenants already in place. Please do not disturb the tenants. No showings without an accepted offer. NO wholesale, assignment, or creative financing offers will be accepted. Financials available upon reques

Cheap Home for sale in 38126, TN:

Centrally located near Downtown Memphis, LeMoyne-Owen College, and the Stax Museum, this 5-Unit Garden apartment is sure to impress! New iron stairs on both ends were replaced March 2024. New roof, plumbing, electrical, and mechanical work completed January 2022. Currently 80% occupied. Annual scheduled rents of $38,820, with potential of $42,000 annual rents. Investors only, please call for more information!

Cheap Home for sale in 38126, TN:

Seller is open to creative financing options, seller financing and sweat equity partnerships. Fantastic rehab opportunity in sought after Soulsville neighborhood! Situated within walking distance of LeMoyne-Owen College and the Stax Museum of American Soul Music, there is plenty of upside to its location. Previously rented as a section 8 rental as a 5 bed/2 full bath home, it has currently been gutted to the studs and had a rodent exclusion service completed. Estimated ARVs in the $210k - $220k range indicate that a 4 bed/2 bath utilizing the property's potential for a large open living room and kitchen would suit the market best. Property has no neighbors on any side and sits on a corner w

Cheap Home for sale in 38126, TN:

Completely renovated from top to bottom, this move-in ready 4 bedroom, 2 bath home blends modern style with everyday comfort. Enjoy peace of mind with a new roof and new windows, along with quality updates throughout. The open concept layout creates an inviting space for entertaining and everyday living. The stunning kitchen features quartz countertops, a large island, designer lighting, and ample cabinet space. The spacious primary suite offers a beautifully renovated bath, while three additional bedrooms provide flexibility for family, guests, or a home office. Both bathrooms have been tastefully updated with modern finishes and tile work. Outside, enjoy a covered front porch, fenced back