BEDS3
BATHS1 full
MLS#10195308
STATUSActive
PROPERTY TYPEResidential - Single Family
SUBDIVISIONMAGNOLIA TERRACE
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
Property Features
Property Type: Residential - Single Family
Cooling: Central
Fenced: Yes
Heating: Central
Home Style: Traditional
Lot Size: 0.14 Acres
Year Built: 1927
Feature Descriptions
Days on Site: 351
Exterior: Deck, Other (See REMARKS), Porch
Exterior/ Windows: Brick Veneer, Other (See Remarks)
Floors/ Ceilings: Other (See REMARKS), Vinyl/Luxury Vinyl Floor
Lot: Some Trees, Wood Fenced
Parking/ Storage: Driveway/Pad, Other (See REMARKS)
Total Rooms: 6
Listed By / Shown By
Listed By
Agency Name: Foundation Property Management
Agency Phone: 901-633-1484
Shown By
Agency Title: Local Agency Realty Group
Agency Phone: 662-253-0808
Estimate Your Payment
Estimated Payment
$ 1,113.82 per month $1,062.22 Principal & Interest $0.00 Property Tax (data not provided by mls) $51.60 Homeowner's Insurance
1589 E Mclemore Ave | MLS# 10195308
This single family home located at 1589 E Mclemore Ave, Memphis, TN 38106 is currently listed for sale with an asking price of $176,900. This property was built in 1927 and has 3 bedrooms and 1 full baths. E Mclemore Ave is located in the MAGNOLIA TERRACE subdivision. Search MAGNOLIA TERRACE real estate on www.localagencyrealty.com today.