Description
ATTENTION INVESTORS! Tenant occupied property that would make an excellent addition to your rental portfolio. This 4 bedroom, 2 bathroom brick home is rented for $1,525/month to a Section 8 tenant with a lease secured until June 30, 2027. Tenant moved in July 1, 2025 and just renewed their lease for another 12 months. Roof, AC Condenser, Furnace replaced July 2020. Water heater replaced September 2022. Home was refreshed in 2025 and features new carpet, fresh paint, a spacious living room and bonus room that can serve as a 4th bedroom, covered parking and a spacious fenced-in backyard. Priced to sell near the desired 1% Rule. Seller is also selling 3962 Sloan St and 2919 Bede Rd (you can buy them individually or in bulk). Please do not disturb the tenant. Tenant ledger, lease and maintenance report are available upon request. No wholesalers, assignments or creative or owner financing.
Details
| MLS # | 10225239 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1957 |
| Days On Site | 61 |
| Listing Provided By | KAIZEN Realty, LLC | Jeremy Veldman |
Features
| Bed(s) | 3 |
|---|---|
| Bath(s) | 2 Total |
| Garage | 1 |
| Story(s) | 1 |
| Acreage | 0.27 |
| Property View | Level |
Interior
| Number Of Rooms | 7 |
|---|---|
| Cooling | Central |
| Heating | Central |
Exterior
| Lot Description | Level |
|---|
Area Information
| State | TN |
|---|---|
| County | Shelby |
| City | Memphis |
| Zip Code | 38127 |
| Area | Frayser North |
| Subarea | 725C |
| Community Name | GEORGIAN HILLS BLK E |
| Listing VS Median (in GEORGIAN HILLS BLK E) | |
Price: $155,000 low | high Med: $0 On site: 61 low | high Med: | |
Market Activity 38127
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Learn More About This Property
| State | TN |
|---|---|
| County | Shelby |
| City | Memphis |
| Zip Code | 38127 |
| Area | Frayser North |
| Subarea | 725C |
| Community Name | GEORGIAN HILLS BLK E |
| Listing VS Median (in GEORGIAN HILLS BLK E) | |
Price: $155,000 low | high Med: $0 On site: 61 low | high Med: | |
