3
beds
1
bath
Built in
1922
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.
-
Listing Status:
-
Active
-
Date Added:
- March 21, 2025
—
14 days ago
-
Listing Office:
-
Memphis Metro Realty
-
Office Phone:
-
901-352-6200
-
MLS ID:
-
10192515
Features & Amenities
Interior
- Rooms:
- 6
- Flooring:
- Other (See REMARKS)
- A/C:
- Other (See REMARKS)
- Heating:
- Other (See REMARKS)
Exterior
- General:
- Aluminum/Steel Siding, Vinyl Siding, Other (See REMARKS)
- Style:
- Traditional
- Pool:
- None
- Parking:
- Driveway/Pad, Parking spaces: 0
Construction
- General:
- 1
Location
- County:
- South Memphis/61 Hwy
Lot
- Zoning:
- 034074 00013
This listing courtesy of:
Memphis Metro Realty
Monthly Payment
- Principal & Interest $--
- Taxes $--
- Insurance $--
- VA Funding Fee $--
*Your actual payment may vary based on your unique situation.
$--- Est. Payment
-
$--- BAH
=
$--- Remaining
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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