5891 RIDGEHILL DR, Memphis, TN 38141

$125,000 Asking Price

2 beds
1 bath
Built in 1985

This is a great property for an investor! Property is located in sought after 38141 zip which is a zip code investors love and is a great rental area. Tenant in place and lease is up July 2024. Roof replaced 2015~AC unit replaced 2020~ Water tank replaced 2021. Some flooring replaced, new toilet in bath and storage door replaced. This property is located minutes from the expressway, restaurants and shopping. Located minutes from Mississippi state line and near several schools. Call today!

Features & Amenities

Interior

General:
Attic Access,Walk-In Attic,Cat/Dog Free House,Other (See REMARKS)
Rooms:
4
Appliances:
Range/Oven,Disposal,Dishwasher
Flooring:
Wall to Wall Carpet,Tile,9 or more Ft. Ceiling
A/C:
Central,Ceiling Fan(s)
Heating:
Central
Fireplace:
Masonry,In Living Room, Fireplaces: 1

Exterior

General:
Brick Veneer,Wood/Composition, Wrought Iron Security Drs,Porch,Patio,Other (See REMARKS)
Style:
Traditional
Pool:
None
Parking:
Driveway/Pad, Parking spaces: 0

Construction

Roofing:
Composition Shingles
General:
1, Slab

Location

County:
Hickory Hill/H.R. Mall

Lot

Zoning:
093407 G00010

Utilities

Water:
Gas Water Heater
Sewer:
Gas Water Heater

Financial

Buyers Agent Compensation:
3 Percent

This listing courtesy of:
Fast Track Realty, LLC

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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