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Property Description

Investors, this updated professionally managed 4BD/1.5BA home is generating $995/month on a month-to-month lease — immediate income with full flexibility to renew or renegotiate on your timeline. Key updates already in place: central air & heat, updated bathrooms, LVP flooring, and a new stove. Less deferred maintenance, more attractive to quality tenants. Situated on a 0.24-acre lot minutes from Downtown Memphis, St. Jude, the Medical District, and the Uptown corridor — one of Memphis’s most active reinvestment areas. Easy access to I-40 and I-240. Do not disturb tenant. Showings by appointment with accepted offer and proof of funds. Photos reflect pre-tenancy condition. Property is currently tenant-occupied.

Features
Swimming Pool:
No
Heating System:
Central
Cooling System:
Central
Fireplaces:
0
FOUNDATION:
Slab
PARKING/STORAGE:
Street Parking Only
Address Map
Country:
US
State:
TN
County:
Shelby
City:
Memphis
Subdivision:
GREENLAW
Zipcode:
38105
Street:
FIFTH
Street Number:
583
Street Suffix:
ST
Floor Number:
0
Longitude:
W91° 57' 28.8''
Latitude:
N35° 9' 33.3''
Directions:
From Danny Thomas Blvd., left on Mill Ave, right on N Fifth St., home is on the left.
Address Direction:
N
MLS Addon
Agent ID:
19423
Status:
Active
Type:
Detached Single Family
# of Stories:
1
Lot Size:
70X149

Residential For Sale

583 FIFTH ST, Memphis, Tennessee 38105

4 Bedrooms
1.1 Bathrooms
0 Sqft
$134,900
Listing ID #10224245
Basic Details
Property Type :
Residential
Listing Type :
For Sale
Listing ID :
10224245
Price :
$134,900
Bedrooms :
4
Bathrooms :
1.1
Full Bathrooms :
1
Half Bathrooms :
1
Square Footage :
0 Sqft
Year Built :
1996
Lot Area :
0.23 Acre
Status :
Active
Days On Market :
1
Contact Agent