Description
Calling All Investors!!! Seller offering $ 3,500 buyer credit for closing cost and pre-pays Don't miss this excellent opportunity to own a newly constructed investment property with an established tenant already in place. The tenant is currently under a 12-month lease at $1,500 per month, providing immediate rental income. This well-appointed home features 3 bedrooms, 2 full bathrooms, and an open-concept floor plan. The kitchen comes complete with appliances, making it move-in ready. Conveniently located just minutes from the Stax Museum of American Soul Music and LeMoyne-Owen College, this property offers strong rental appeal in a growing area. Start generating income from day one with this turnkey investment opportunity!
Details
| MLS # | 10226590 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Pending |
| Year | 2025 |
| Days On Site | 41 |
| Listing Provided By | Infinity Group REALTORS, Inc. | Kenya Harrison |
Features
| Bed(s) | 3 |
|---|---|
| Bath(s) | 2 Total |
| Story(s) | 1 |
| Acreage | 0.09 |
| Property View | Level |
Interior
| Number Of Rooms | 7 |
|---|---|
| Cooling | Central |
| Heating | Central |
| Misc Interior | Other (See REMARKS) |
Exterior
| Roof | Composition Shingles |
|---|---|
| Lot Description | Level |
Area Information
| State | TN |
|---|---|
| County | Shelby |
| City | Memphis |
| Zip Code | 38106 |
| Area | South Memphis | 61 Hwy |
| Subarea | 747B |
| Community Name | THOMPSON |
| Listing VS Median (in THOMPSON) | |
Price: $165,000 low | high Med: $0 On site: 41 low | high Med: | |
Market Activity 38106
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Learn More About This Property
| State | TN |
|---|---|
| County | Shelby |
| City | Memphis |
| Zip Code | 38106 |
| Area | South Memphis | 61 Hwy |
| Subarea | 747B |
| Community Name | THOMPSON |
| Listing VS Median (in THOMPSON) | |
Price: $165,000 low | high Med: $0 On site: 41 low | high Med: | |
Nearby Listings (Within 1/10 mile)
Price: $123K - $206K
sqft: 0 - 0
Listing Updated: August 15, 2026 at 9:09:09 AM PDT