Description
Cash-flowing 2025 fully renovated property with government-backed income stream! This tenant-occupied home is currently rented at $1,839 per month, with most of the payment secured through the Section 8 program a major strength for investors seeking consistent and predictable returns. Immediate income, established tenancy, and minimal downtime risk make this a smart portfolio addition. Opportunities like this don’t last long! Improvements include a new HVAC system, new gas water heater, new security doors, new roof, fully renovated kitchen, fully renovated bathrooms, and more!
Details
| MLS # | 10215096 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1964 |
| Days On Site | 194 |
| Listing Provided By | Marathon REALTORS, LLC | Adam Thornton |
Features
| Bed(s) | 4 |
|---|---|
| Bath(s) | 3 Total |
| Garage | 2 |
| Story(s) | 2 |
| Acreage | 0.29 |
| Property View | Some Trees |
Interior
| Number Of Rooms | 8 |
|---|---|
| Cooling | Central |
| Heating | Central |
Exterior
| Lot Description | Some Trees |
|---|
Area Information
| State | TN |
|---|---|
| County | Shelby |
| City | Memphis |
| Zip Code | 38116 |
| Area | Whitehaven | Graceland |
| Subarea | 764B |
| Community Name | GRACELAND |
| Listing VS Median (in GRACELAND) | |
Price: $229,500 low | high Med: $0 On site: 194 low | high Med: | |
Market Activity 38116
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Learn More About This Property
| State | TN |
|---|---|
| County | Shelby |
| City | Memphis |
| Zip Code | 38116 |
| Area | Whitehaven | Graceland |
| Subarea | 764B |
| Community Name | GRACELAND |
| Listing VS Median (in GRACELAND) | |
Price: $229,500 low | high Med: $0 On site: 194 low | high Med: | |
Nearby Listings (Within 1/2 mile)
Price: $172K - $286K
sqft: 0 - 0
Listing Updated: August 24, 2026 at 3:12:02 PM PDT