Description
Move-in ready investment or owner-occupant opportunity! Currently tenant occupied with Section 8 income at $1,350/month but could potentially be owner-occupied in the future. No major repairs needed. FHA, VA & conventional financing considered. Features flexible living space, strong rental history & convenient Memphis location near shopping, schools & major roads. Great cash flow potential for investors seeking turnkey rental property. Seller relocating to purchase larger home. Qualified buyers only, no wholesalers or assignments.
Details
| MLS # | 10222225 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1972 |
| Days On Site | 103 |
| Listing Provided By | Integrated Assets | Glenn McDonald |
Features
| Bed(s) | 3 |
|---|---|
| Bath(s) | 1 Total |
| Garage | 1 |
| Story(s) | 1 |
| Acreage | 0.20 |
| Property View | Level |
Interior
| Number Of Rooms | 6 |
|---|---|
| Cooling | Central |
| Heating | Central |
| Misc Interior | All Window Treatments |
Exterior
| Roof | Composition Shingles |
|---|---|
| Security | Burglar Alarm, Monitored Alarm System, Smoke Detector(s) |
| Foundation | Slab |
| Lot Description | Level |
Area Information
| State | TN |
|---|---|
| County | Shelby |
| City | Memphis |
| Zip Code | 38128 |
| Area | Egypt Central |
| Subarea | 731B |
| Community Name | RALEIGH FARMS 1ST ADD |
| Listing VS Median (in RALEIGH FARMS 1ST ADD) | |
Price: $149,950 low | high Med: $0 On site: 103 low | high Med: | |
Market Activity 38128
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Learn More About This Property
| State | TN |
|---|---|
| County | Shelby |
| City | Memphis |
| Zip Code | 38128 |
| Area | Egypt Central |
| Subarea | 731B |
| Community Name | RALEIGH FARMS 1ST ADD |
| Listing VS Median (in RALEIGH FARMS 1ST ADD) | |
Price: $149,950 low | high Med: $0 On site: 103 low | high Med: | |
Nearby Listings (Within 1/10 mile)
Price: $112K - $187K
sqft: 0 - 0
Listing Updated: August 20, 2026 at 10:17:23 AM PDT