Description
Tenant-occupied property generating $1200/month with a lease in place through July 2028, including a price increase to $1,260 starting Aug. 2027, providing immediate and stable cash flow. This is a great opportunity for investors looking to add a performing asset to their portfolio without the hassle of vacancy or lease-up. The property is professionally managed and offers strong rental potential in a high-demand area. Please do not disturb the resident. Access granted upon accepted offer.
Details
| MLS # | 10218561 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1940 |
| Days On Site | 144 |
| Listing Provided By | CB Properties of Memphis, LLC | Bradley Puckett |
Features
| Bed(s) | 3 |
|---|---|
| Bath(s) | 2 Total |
| Story(s) | 1 |
| Acreage | 0.16 |
| Property View | Level |
Interior
| Number Of Rooms | 6 |
|---|---|
| Cooling | Central |
| Heating | Central |
Exterior
| Lot Description | Level |
|---|
Area Information
| State | TN |
|---|---|
| County | Shelby |
| City | Memphis |
| Zip Code | 38112 |
| Area | Overton Park |
| Subarea | 744F |
| Community Name | COLLEGE PARK |
| Listing VS Median (in COLLEGE PARK) | |
Price: $135,000 low | high Med: $0 On site: 144 low | high Med: | |
Market Activity 38112
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Learn More About This Property
| State | TN |
|---|---|
| County | Shelby |
| City | Memphis |
| Zip Code | 38112 |
| Area | Overton Park |
| Subarea | 744F |
| Community Name | COLLEGE PARK |
| Listing VS Median (in COLLEGE PARK) | |
Price: $135,000 low | high Med: $0 On site: 144 low | high Med: | |
Nearby Listings (Within 1/10 mile)
Price: $101K - $168K
sqft: 0 - 0
Listing Updated: August 18, 2026 at 5:12:47 PM PDT