Great investment opportunity in an established Memphis neighborhood. This 4 sided brick home was built in 1951 on a spacious 0.24 acre lot and was fully renovated turnkey in 2022, giving investors a truly ready asset with none of the guesswork. Currently rented for instant cash flow, with rent roll available upon request. Enjoy a beautiful patio, perfect for relaxing evenings, along with a detached shop in the back offering extra storage or workspace. Ideal for any investor seeking a hands off, income producing property. Conveniently located off Macon Rd with easy access to shopping, dining, and commuter routes, supporting long term rental demand and tenant retention. Professional local management is already in place, making this a truly hands off investment from day one.
| MLS # | 10229080 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1953 |
| Days On Site | 38 |
| Listing Provided By | Reedy & Company, REALTORS | Bradley Puckett |
| Bed(s) | 2 |
|---|---|
| Bath(s) | 1 Total |
| Garage | 1 |
| Story(s) | 1 |
| Acreage | 0.23 |
| Property View | Level |
| Number Of Rooms | 5 |
|---|---|
| Cooling | Central |
| Heating | Central |
| Lot Description | Level |
|---|
| State | TN |
|---|---|
| County | Shelby |
| City | Memphis |
| Zip Code | 38122 |
| Area | Berclair |
| Subarea | 753A |
| Community Name | RENDALE |
| Listing VS Median (in RENDALE) | |
Price: $140,000 low | high Med: $0 On site: 38 low | high Med: | |
| State | TN |
|---|---|
| County | Shelby |
| City | Memphis |
| Zip Code | 38122 |
| Area | Berclair |
| Subarea | 753A |
| Community Name | RENDALE |
| Listing VS Median (in RENDALE) | |
Price: $140,000 low | high Med: $0 On site: 38 low | high Med: | |
![]() | $160,9304368 Macon RdMemphis, TN 38122 |
![]() | $164,9004335 Macon RdMemphis, TN 38122 |
![]() | $160,0001075 Lorraine StMemphis, TN 38122 |