1133 PARKLAND RD, Memphis, TN 38111

$120,000 Asking Price

2 beds
1 bath
Built in 1947

Terrific investment opportunity! Professionally managed and cash flowing property currently rented for $795/mo. Market rent is closer to $1000/mo. Seller has multiple properties for sale. Bulk offers STRONGLY PREFERRED as Seller seeks to do a 1031x with the proceeds. Lease and ledger available upon request. Do not approach or disturb tenant. Property is a 2/1 in a GREAT location with low maintenance vinyl siding. SEE PHOTOS FOR FULL LIST. Total Price: 1.76m Rent: $13,215/mo Lease ends 7/31/25

Features & Amenities

Interior

Rooms:
5
Flooring:
Part Carpet
A/C:
Central
Heating:
Central

Exterior

General:
Vinyl Siding, Sidewalks
Style:
Traditional
Pool:
None
Parking:
Driveway/Pad, Parking spaces: 0

Construction

General:
1

Location

County:
Pendleton/Park

Lot

Zoning:
059084 00012

This listing courtesy of:
Crye-Leike, Inc., REALTORS

About Memphis, TN

Housing

Number of Units
296,697
Median Home Value
$154,311
Median Rent
$742

52.07% of housing units are renter occupied.

10.48% are vacant.

Commute

Car
82.14%
Public Transportation
1.16%
Walk to Work
1.09%
Work from Home
14.58%
Other
0.84%

The median travel time to work is 21 minutes.

People

Population
676,522
Median Age
35.70
Median Household Size
2.54

Education

High School
30.26%
Associate’s Degree
6.19%
Bachelor’s Degree
15.99%
Graduate Degree
11.09%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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