$145,900
 $783 est/mo Sourced by Back At You

1531 Netherwood Ave,Memphis, TN 38106

Memphis, TN 38106

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Description

TURNKEY INVESTMENT OPPORTUNITY! This tenant-occupied 3-bedroom, 1-bath home is currently rented for $1,195/month through 3/31/2028, providing immediate rental income with an established tenant already in place. The home offers a functional floor plan and convenient parking, making it a solid addition to an investment portfolio. Whether you’re an experienced investor looking to grow your portfolio or purchasing your first rental property, this income-producing home offers an attractive opportunity at an affordable price point. Please do not disturb the tenant. No showings without an accepted offer. Financials available upon request. No wholesalers, assignments, or creative financing! PROFESSIONALLY MANAGED IN-HOUSE Owner/Agent

Details

MLS #10195316
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusActive
Year1912
Days On Site480
Listing Provided ByFoundation Property Management | James Wachob

Features

Bed(s)3
Bath(s) 1 Total
Story(s)1
Acreage0.16
Property ViewSome Trees

Interior

Number Of Rooms7
CoolingCentral
HeatingCentral

Exterior

Lot DescriptionSome Trees

Area Information

StateTN
CountyShelby
CityMemphis
Zip Code38106
AreaSouth Memphis | Glenview
Subarea748B
Community NameCRUMP BROTHERS
Listing VS Median (in CRUMP BROTHERS)
Price:
$145,900
low | high
Med:
$0
On site:
480
low | high
Med:
Sourced by Back At You

Market Activity 38106

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Additional Information


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Learn More About This Property

StateTN
CountyShelby
CityMemphis
Zip Code38106
AreaSouth Memphis | Glenview
Subarea748B
Community NameCRUMP BROTHERS
Listing VS Median (in CRUMP BROTHERS)
Price:
$145,900
low | high
Med:
$0
On site:
480
low | high
Med:
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $109K - $182K
sqft: 0 - 0
Nearby Listings Property ImageNearby Listings Details
1551 WAVERLY AVE Property Photo 1
$80,000
1551 Waverly Ave
Memphis, TN 38106
1165 RAYNER ST Property Photo 1
$125,000
1165 Rayner St
Memphis, TN 38106
Listing Updated: August 20, 2026 at 1:51:43 PM PDT