1. Tennessee
  2. Memphis
  3. 1148 SEVERSON AVE S
$159,000

1148 SEVERSON AVE S, Memphis, TN 38106

  • 4 beds |
  • 1 bath
  • Property Icon Single-Family Home
  • Property Year Built Icon Built in 1972
  • Property Lot Size Icon7,841sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 5 days ago

Property Description

Discover this beautifully renovated 4-bedroom, 1-bathroom single-family home, an excellent turnkey investment with strong rental income already in place. Property Highlights: Fully Renovated: New roof, HVAC system, and hot water tank installed – all major systems updated for peace of mind. Modern Upgrades: Brand new luxury vinyl plank (LVP) flooring throughout, updated kitchen with modern finishes, remodeled bathroom, and refreshed bedrooms. Stable Rental Income: Property is currently leased through May 2026. Tenant is enrolled in a rental assistance program and pays $1,400/month under a 12-month lease starting May 2025. Strong Return Potential: Immediate cash flow with minimal maintenance required due to recent upgrades.

Listing Status:
Active
Date Added:
May 29, 2025 at 12:00AM
Listing Office:
KAIZEN Realty, LLC : 901-221-4041
MLS ID:
10197760
  • General: Attic Access
  • Rooms: 6
  • Master Bath: Tile Floor
  • Flooring: Vinyl/Luxury Vinyl Floor
  • A/C: Central
  • Heating: CentralGas

This listing courtesy of KAIZEN Realty, LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  †
Get Prequalified »
Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Schools Nearby

C

Cummings School

1037 Cummings St, Memphis, TN, 38106

Grades PK-8

0.27 miles away

C

Cummings School

1037 Cummings St, Memphis, TN, 38106

Grades PK-8

0.27 miles away

S

Soulsville Charter School

1115 College St, Memphis, TN, 38106

Grades 6-12

0.55 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

Similar Listings Nearby

1052 SEYMOUR ST, Memphis, TN 38108
Single-Family Home For Sale

$145,000

  • 3 bed |
  • 2 bath
1052 SEYMOUR ST Memphis, TN 38108

#10197869 - KAIZEN Realty, LLC

1058 SEYMOUR ST, Memphis, TN 38108
Single-Family Home For Sale

$145,000

  • 3 bed |
  • 2 bath |
  • 7,841 sqft lot
1058 SEYMOUR ST Memphis, TN 38108

#10197871 - KAIZEN Realty, LLC

1078 E WALTHAL CIR, Memphis, TN 38111
Single-Family Home For Sale

$139,900

  • 3 bed |
  • 1 bath
1078 E WALTHAL CIR Memphis, TN 38111

#10197524 - Renshaw Company, REALTORS

1061 E WALTHAL CIR, Memphis, TN 38111
Single-Family Home For Sale

$135,000

  • 3 bed |
  • 1 bath
1061 E WALTHAL CIR Memphis, TN 38111

#10197526 - Renshaw Company, REALTORS

1148 ROZELLE ST, Memphis, TN 38106
Single-Family Home For Sale

$139,900

  • 3 bed |
  • 1 bath
1148 ROZELLE ST Memphis, TN 38106

#10197525 - Renshaw Company, REALTORS

760 E MCKELLAR AVE, Memphis, TN 38106
Single-Family Home For Sale

$165,000

  • 3 bed |
  • 2 bath |
  • 0.4 acre lot
760 E MCKELLAR AVE Memphis, TN 38106

#10197418 - Grand Point Realty, LLC