Know someone buying a home?
Don’t let your Veteran and military friends miss out on the opportunity to discover this home!
5
Photos
1
bed
1
bath
Built in
1932
This 1-bedroom, 1-bathroom home is a fantastic investment opportunity in Memphis, ideal for those looking to expand their portfolio. The property requires some minor repairs, offering a great chance to add value and customize to your liking. With its solid structure and classic layout, this house has the potential to become a lucrative rental or a perfect option for VA housing. The home features hardwood floors, a functional kitchen, all situated on a manageable lot. Conveniently located near local amenities, schools, and public transit, it’s a prime spot for attracting tenants or future buyers. Whether you’re considering a fix-and-rent strategy or a light rehab and flip, this property presents a valuable opportunity to invest in an area with high rental demand. Don’t miss out on this promising investment!
Features & Amenities
Interior
- Rooms:
- 4
- Flooring:
- Wall to Wall Carpet
- A/C:
- Window Unit(s)
- Heating:
- Wall Unit
Exterior
- General:
- Vinyl Siding, Porch
- Style:
- Traditional
- Pool:
- None
- Parking:
- Driveway/Pad, Parking spaces: 0
Construction
- General:
- 1
Location
- County:
- Vollintine/Northside
Lot
- Zoning:
- 040055 00011
This listing courtesy of:
Patterson & Assoc. Real Estate
Monthly Payment
Disabled 10% or more?
Used a VA Loan before?
Eligible for BAH?
Do you have dependents?
Your BAH amount is for the military housing area.
Loan term (number of years)
Property taxes are generally around 1.2% of the home’s value, but may vary based on location.
Annual homeowners insurance is typically 0.35% of the home’s value but can vary based on insurer.
$---
Est. Payment *
- Principal & Interest $--
- Taxes $--
- Insurance $--
- VA Funding Fee $--
$--- Est. Payment - $--- BAH = $--- Remaining
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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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