Investor Opportunity – Turnkey Rental with Long-Term Tenant Located at 1472 E Holmes Rd, Memphis, TN, this income-producing property is a solid addition to any rental portfolio. Currently generating $1,185/month in rent, this home offers immediate cash flow with a reliable tenant in place for over 10 years—a rare and valuable advantage for investors seeking stability. This property minimizes vacancy risk and startup costs, making it ideal for both seasoned investors and those looking to expand their holdings with a proven performer. The long-term occupancy reflects tenant satisfaction and consistent payment history, adding confidence to your investment. Highlights: ?? Steady rental income: $1,185/month ?? Established tenant of 10+ years ?? Turnkey investment – start earning from day one ?? Convenient Memphis location with strong rental demand Whether you’re building your portfolio or looking for a dependable, low-maintenance asset, this property checks all the boxes.
- Swimming Pool:
- No
- Heating System:
- Central
- Cooling System:
- Central
- Fireplaces:
- 1
- Covered Parking Spaces:
- 2
- PARKING/STORAGE:
- Driveway/pad
- Country:
- US
- State:
- TN
- County:
- Shelby
- City:
- Memphis
- Subdivision:
- WHITEHAVEN VIEW 2ND ADDN BLK A
- Zipcode:
- 38116
- Street:
- HOLMES
- Street Number:
- 1472
- Street Suffix:
- RD
- Floor Number:
- 0
- Longitude:
- W91° 59' 6.9''
- Latitude:
- N35° 0' 24.3''
- Directions:
- Heading south on Elvis Presley, take a left on Holmes, the house is on the left.
- Address Direction:
- E
- Agent ID:
- 20568
- Status:
- Active
- Type:
- Detached Single Family
- # of Stories:
- 1
- Lot Size:
- 80X150
Residential For Sale
1472 HOLMES RD, Memphis, Tennessee 38116
- Property Type :
- Residential
- Listing Type :
- For Sale
- Listing ID :
- 10219670
- Price :
- $139,000
- Bedrooms :
- 3
- Bathrooms :
- 1.1
- Full Bathrooms :
- 1
- Half Bathrooms :
- 1
- Square Footage :
- 0 Sqft
- Year Built :
- 1960
- Lot Area :
- 0.27 Acre
- Status :
- Active
- Days On Market :
- 71
