2986 LECONTE DR, Memphis, TN 38127

$125,000 Asking Price

2 beds
1 bath
Built in 1949

Great Occupied investment Opportunity! This property is currently occupied by a tenant who is paying $965 per month and is on a lease until 6/30/2025. This property was fully renovated in 2023 and a new furnace, roof and hot water heater were installed at that time. There is professional property management in place with Reedy and Company. No wholesale or creative financing offers. No showings without an accepted offer.

Features & Amenities

Interior

Rooms:
5
Flooring:
Part Hardwood,Vinyl/Luxury Vinyl Floor
A/C:
Other (See REMARKS)
Heating:
Other (See REMARKS)

Exterior

General:
Wood/Composition,Stone, Wrought Iron Security Drs
Style:
Traditional
Pool:
None
Parking:
Driveway/Pad, Parking spaces: 0

Construction

Roofing:
Composition Shingles
General:
1, Slab

Location

County:
Frayser/Whitney

Lot

Zoning:
070041 00008

Utilities

Water:
Public Water,Public Sewer
Sewer:
Public Water,Public Sewer

This listing courtesy of:
Reedy & Company, 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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