2342 WELLONS AVE, Memphis, TN 38127

3 beds |
1 bath

Single-Family Home
Built in 1961
0.33acre lot
—— car garage
$——/sqft
Listed 2 months ago

Property Description

This property presents an excellent opportunity for both new and seasoned investors looking to expand their portfolios. Currently tenant-occupied and well-maintained, it is conveniently located just minutes from downtown, offering easy access to shopping, dining, and I-240. The property is leased at $1,000 per month, with the lease secured through January 2026. The seller can provide current rent history upon request, as the tenant is in good standing with consistent payments. A $400 security deposit is in place. Please respect tenant rights and refrain from disturbing the occupant.

Listing Status:: Active
Date Added:: April 16, 2025 at 12:00AM
Listing Office:: Crye-Leike, Inc., REALTORS : 901-372-3690
MLS ID:: 10194392

General: Other (See REMARKS)
Rooms: 7
Appliances: Other (See REMARKS)
Flooring: Other (See REMARKS)
A/C: CentralOther (See REMARKS)
Heating: CentralOther (See REMARKS)
Fireplace: Other (See Remarks)
Disability Feature: Other (See REMARKS)

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

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Hawkins Mill Elementary School

4295 Mountain Terrace St, Memphis, TN, 38127

Grades PK-5

0.41 miles away

Georgian Hills Middle School

3925 Denver St, Memphis, TN, 38127

Grades 6-8

0.64 miles away

Trezevant High School

3350 N Trezevant St, Memphis, TN, 38127

Grades 9-12

1.44 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.