Description
OWNER FINANCING AVAILABLE!! ATTENTION INVESTORS! This tenant-occupied rental offers an opportunity to add another income-producing property to your portfolio. This 1-bedroom, 1-bath single-family home is currently generating $650/ month in rental income, with the current lease running through 08/21/2028. An opportunity to purchase an income-producing property with a tenant already in place. Please do not disturb the tenant. No showings without an accepted offer. NO wholesale, assignment or creative financing offers will be accepted. Financials available upon request. Professionally Managed IN-HOUSE
Details
| MLS # | 10207301 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1950 |
| Days On Site | 350 |
| Listing Provided By | Foundation Property Management | James Wachob |
Features
| Bed(s) | 1 |
|---|---|
| Bath(s) | 1 Total |
| Story(s) | 1 |
| Acreage | 5.93 |
Interior
| Number Of Rooms | 3 |
|---|---|
| Cooling | Other (See REMARKS) |
| Heating | Other (See REMARKS) |
Area Information
| State | TN |
|---|---|
| County | Shelby |
| City | Memphis |
| Zip Code | 38114 |
| Area | Pendleton | Park |
| Subarea | 757F |
| Community Name | CHEROKEE |
| Listing VS Median (in CHEROKEE) | |
Price: $72,000 low | high Med: $0 On site: 350 low | high Med: | |
Market Activity 38114
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Learn More About This Property
| State | TN |
|---|---|
| County | Shelby |
| City | Memphis |
| Zip Code | 38114 |
| Area | Pendleton | Park |
| Subarea | 757F |
| Community Name | CHEROKEE |
| Listing VS Median (in CHEROKEE) | |
Price: $72,000 low | high Med: $0 On site: 350 low | high Med: | |
Nearby Listings (Within 1/10 mile)
Price: $54K - $90K
sqft: 0 - 0
Listing Updated: September 10, 2026 at 2:50:46 PM PDT