Property Description
Renovated in 2024, this income-producing property is a strong opportunity for investors seeking a turnkey, rent-ready asset with professional management already in place. The home offers a functional layout featuring a spacious living area, updated finishes, and well-sized bedrooms designed for comfortable living. Exterior highlights include a large backyard and ample parking, adding to long-term tenant appeal. Currently tenant-occupied and professionally managed by Mid South Best Rentals, this property provides immediate cash flow and a seamless transition for the new owner. The lease will remain in place, with all tenant rights transferring —making this a true hassle-free investment opportunity. Drive-by only; do not disturb tenant.
Features
: No
: Central
: Central
: Decorative Only
1
: Conventional
: Driveway/pad
Address Map
US
TN
Shelby
Memphis
WHITEHAVEN PARK FIFTH ADDN
38109
JEANNE
516
DR
0
W91° 57' 11.5''
N35° 2' 17.9''
From Millbranch Rd and E Raines Rd, head West on E Raines Rd. Go past Orleans Rd. Take a right on Alice Dr. Then a right on Jeanne Dr. House is on the left.
MLS Addon
12827
Active
: Detached Single Family
1
92X175
Residential For Sale
516 JEANNE DR, Memphis, Tennessee 38109
3 Bedrooms
1 Bathrooms
0 Sqft
$135,000
Listing ID #10219710
Basic Details
Property Type : Residential
Listing Type : For Sale
Listing ID : 10219710
Price : $135,000
Bedrooms : 3
Bathrooms : 1
Full Bathrooms : 1
Half Bathrooms : 0
Square Footage : 0 Sqft
Year Built : 1953
Lot Area : 0.36 Acre
Status : Active
Days On Market : 1

