New Listing
Description
Turnkey investment property with a tenant currently in place, paying $1,030/month on a lease through 6/30/27 - locking in stable rental income well beyond closing with no vacancy or lease-up risk for the new owner. Property will not be shown until an offer is accepted - buyer to underwrite on rent roll and photos, with inspection contingency as needed. Cash or conventional financing only; no creative financing (no seller financing, subject-to, wraps, or lease-options will be considered). Highlights: Tenant in place, leased through 6/30/27 Current rent: $1,030/month No showings prior to accepted offer Cash or conventional financing only - no creative financing
Details
| MLS # | 10230878 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1920 |
| Days On Site | 2 |
| Listing Provided By | Renshaw Company, REALTORS | Caleb Parr |
Features
| Bed(s) | 2 |
|---|---|
| Bath(s) | 1 Total |
| Story(s) | 1 |
| Property View | Level |
Interior
| Number Of Rooms | 4 |
|---|---|
| Cooling | Central |
| Heating | Central |
Exterior
| Roof | Composition Shingles |
|---|---|
| Foundation | Conventional |
| Lot Description | Level |
Area Information
| State | TN |
|---|---|
| County | Shelby |
| City | Memphis |
| Zip Code | 38122 |
| Area | Midtown | Holmes |
| Subarea | 751. |
| Community Name | Highland Heights Blk 7 |
| Listing VS Median (in Highland Heights Blk 7) | |
Price: $79,900 low | high Med: $0 On site: 2 low | high Med: | |
Market Activity 38122
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Learn More About This Property
| State | TN |
|---|---|
| County | Shelby |
| City | Memphis |
| Zip Code | 38122 |
| Area | Midtown | Holmes |
| Subarea | 751. |
| Community Name | Highland Heights Blk 7 |
| Listing VS Median (in Highland Heights Blk 7) | |
Price: $79,900 low | high Med: $0 On site: 2 low | high Med: | |
Nearby Listings (Within 1/10 mile)
Price: $59K - $99K
sqft: 0 - 0
Listing Updated: September 22, 2026 at 8:17:02 AM PDT