Description
TURNKEY INVESTMENT OPPORTUNITY! This tenant-occupied 3-bedroom, 1.5-bath home is currently rented for $1,325/month through 06/02/2028, 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 # | 10195308 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1927 |
| Days On Site | 481 |
| Listing Provided By | Foundation Property Management | James Wachob |
Features
| Bed(s) | 3 |
|---|---|
| Bath(s) | 1 Total |
| Story(s) | 1 |
| Acreage | 0.14 |
| Property View | Some Trees, Wood Fenced |
Interior
| Number Of Rooms | 6 |
|---|---|
| Cooling | Central |
| Heating | Central |
Exterior
| Lot Description | Some Trees, Wood Fenced |
|---|
Area Information
| State | TN |
|---|---|
| County | Shelby |
| City | Memphis |
| Zip Code | 38106 |
| Area | South Memphis | Glenview |
| Subarea | 748B |
| Community Name | MAGNOLIA TERRACE |
| Listing VS Median (in MAGNOLIA TERRACE) | |
Price: $176,900 low | high Med: $0 On site: 481 low | high Med: | |
Market Activity 38106
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Learn More About This Property
| State | TN |
|---|---|
| County | Shelby |
| City | Memphis |
| Zip Code | 38106 |
| Area | South Memphis | Glenview |
| Subarea | 748B |
| Community Name | MAGNOLIA TERRACE |
| Listing VS Median (in MAGNOLIA TERRACE) | |
Price: $176,900 low | high Med: $0 On site: 481 low | high Med: | |
Nearby Listings (Within 1/10 mile)
Price: $132K - $221K
sqft: 0 - 0
Listing Updated: August 20, 2026 at 1:52:02 PM PDT