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Property Description

This property is leased at $1,175 per month ($14,100 annually) through 03/31/2028, with a cash-on-cash return of 6.51% and a monthly cash flow of $200.99. “All investment figures are estimates and verified independently by buyer.” Investor-ready opportunity in a well-established Memphis rental area. This home offers a functional layout with comfortable living spaces, durable finishes, and good natural light throughout. Recent updates improve overall efficiency and help reduce maintenance, supporting long-term performance. The kitchen features ample cabinetry and practical design, while the property shows solid condition inside and out with strong curb appeal and usable yard space. Conveniently located near schools, shopping, and major roadways, supporting consistent rental demand and long-term appreciation potential. A dependable addition to any investment portfolio. Financials available upon request. No wholesalers, assignments, or creative financing! PROFESSIONALLY MANAGED IN-HOUSE

Features
: No
: Central
: Central
0
: Driveway/pad
Address Map
US
TN
Shelby
Memphis
EASON HILLS BLK A
38116
MARY JANE
1382
AVE
0
W91° 58' 55.9''
N35° 0' 9.4''
Continue to Macon Rd 9 sec (69 ft) ? Take N Germantown Pkwy, Walnut Grove Rd, I-240 W, Airways Blvd and E Holmes Rd to Cresser St 33 min (23.4 mi) ? Continue on Cresser St. Drive to Bannock St 1 min (0.3 mi)
MLS Addon
4609
Active
: Detached Single Family
1
85X130

Residential For Sale

1382 MARY JANE AVE, Memphis, Tennessee 38116

3 Bedrooms
1 Bathrooms
0 Sqft
$122,200
Listing ID #10197568
Basic Details
Property Type : Residential
Listing Type : For Sale
Listing ID : 10197568
Price : $122,200
Bedrooms : 3
Bathrooms : 1
Full Bathrooms : 1
Half Bathrooms : 0
Square Footage : 0 Sqft
Year Built : 1964
Lot Area : 0.26 Acre
Status : Active
Days On Market : 225
Apprx Heated SqFt Range : 1000-1199
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