38127, TN homes for sale & real estate

38127, TN Homes for Sale

Move-in ready 3BR, 1.5BA brick ranch in Memphis. This 1,150 sq. ft. home features a cozy fireplace, fresh paint, and updated flooring throughout. Efficient layout includes a primary bedroom with private half-bath and a spacious eat-in kitchen. Situated on a level lot with central HVAC and off-street parking. Conveniently located near local schools—perfect for homeowners or investors. Sold as-is.

38127, TN Homes for Sale

Showings will be permitted only after an accepted offer, do not disturb tenants. The property currently rents for $825 per month. This asset can also be purchased as part of a larger investment package totaling $3,766,500, providing an exceptional opportunity for buyers seeking a strong portfolio addition.

38127, TN Homes for Sale

currently tenant-occupied, with tenants paying $600 per month on a month-to-month basis. Please do not disturb the tenants. No interior showings will be allowed until an offer has been accepted.

38127, TN Homes for Sale

Investment opportunity in North Memphis with immediate cash flow and value add potential. This property is currently stabilized and producing income, offering investors the opportunity to acquire an asset with upside through rent growth and continued management. Current rents are below market in several units, creating the potential to increase revenue over time while maintaining occupancy. Conveniently located near major employment corridors, retail amenities, and transportation routes. Ideal for investors seeking a cash flowing asset with the ability to improve returns through strategic rent adjustments and operational efficiencies. Financial information, rent roll, and additional propert