Property Description

TURNKEY INVESTMENT OPPORTUNITY! This tenant-occupied 3-bedroom, 1.5-bath home is currently rented for $1,325/month through 06/02/2028, providing immediate rental income with an established tenant already in place. The home offers a functional floor plan and convenient parking, making it a solid addition to an investment portfolio. Whether you’re an experienced investor looking to grow your portfolio or purchasing your first rental property, this income-producing home offers an attractive opportunity at an affordable price point. Please do not disturb the tenant. No showings without an accepted offer. Financials available upon request. No wholesalers, assignments, or creative financing! PROFESSIONALLY MANAGED IN-HOUSE Owner/Agent

Features

Swimming Pool:: No
Heating System:: Central
Cooling System:: Central
Fireplaces:: 0
PARKING/STORAGE:: Driveway/pad, Other (see Remarks)

Address Map

Country:: US
State:: TN
County:: Shelby
City:: Memphis
Subdivision:: MAGNOLIA TERR
Zipcode:: 38106
Street:: MCLEMORE
Street Number:: 1589
Street Suffix:: AVE
Floor Number:: 0
Longitude:: W91° 59' 26.5''
Latitude:: N35° 6' 54.7''
Directions:: From E McLemore Ave, go South on Rayner St, turn left on E McLemore Ave; property on right.
Address Direction:: E