$74,500
 $400 est/mo Sourced by Back At You

1556 Cane Ave,Memphis, TN 38106

Memphis, TN 38106

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Description

Solid brick home offered as a turnkey investment property. A long-term tenant is currently in place on a month-to-month lease, paying $895/month, delivering immediate cash flow from close with no vacancy or lease-up period. 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: Brick single-family construction Long-term tenant in place, month-to-month Current rent: $895/month No showings prior to accepted offer Cash or conventional financing only - no creative financing

Details

MLS #10230873
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusActive
Year1944
Days On Site11
Listing Provided ByRenshaw Company, REALTORS | Caleb Parr

Features

Bed(s)2
Bath(s) 2 Total
Story(s)1
Property ViewLevel

Interior

Number Of Rooms4
CoolingCentral
HeatingCentral

Exterior

RoofComposition Shingles
FoundationConventional
Lot DescriptionLevel

Area Information

StateTN
CountyShelby
CityMemphis
Zip Code38106
AreaSouth Memphis | Glenview
Subarea748.
Listing VS Median (in NA)
Price:
$74,500
low | high
Med:
$0
On site:
11
low | high
Med:
Sourced by Back At You

Market Activity 38106

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MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Memphis Area Association of Realtors.

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Learn More About This Property

StateTN
CountyShelby
CityMemphis
Zip Code38106
AreaSouth Memphis | Glenview
Subarea748.
Listing VS Median (in NA)
Price:
$74,500
low | high
Med:
$0
On site:
11
low | high
Med:
Sourced by Back At You
Nearby Listings (Within 1/2 mile)
Price: $55K - $93K
sqft: 0 - 0
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1448 Valse Rd
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Listing Updated: September 29, 2026 at 2:45:43 AM PDT