516 Jeanne Dr, Memphis, TN 38109
- $135,000
- 3
- BD
- 1
- BA
- List Price
- $135,000
- Status
- ACTIVE
- MLS#
- 10219710
- Bedrooms
- 3
- Bathrooms
- 1
- Lot Size
- 92X175
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.
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Additional Information
- Acres
- 0.36
- Annual City Tax
- 929
- Annual County Tax
- 968
- Bedrooms Downstairs
- 3
- Bedroom Three Description
- Level 1
- Bedroom Two Description
- Level 1
- Cooling
- Central
- Exterior
- Porch
- Exterior Windows
- Brick Veneer
- Fireplace
- Decorative Only
- Fireplaces
- 1
- Floors Ceilings
- Part Carpet, Textured Ceiling
- Foundation
- Conventional
- Heating
- Central
- Legal Subdivision
- Whitehaven Park Fifth Addn
- Living Dining Kitchen
- Separate Living Room
- Lot
- 39
- Lot Description
- Some Trees
- Lot Size
- 92X175
- Neighborhood Amenities
- None
- Parking Storage
- Driveway/Pad
- Roof
- Composition Shingles
- Stories
- 1
- Style
- Traditional
- Subdivision
- WHITEHAVEN PARK 5TH ADD
- Subtype
- Detached Single Family
- Water Sewer
- Public Water, Public Sewer
- Year Built
- 1953
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Listing courtesy of Crye-Leike, Inc., REALTORS.
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Copyright© 2026 Memphis Area Association of REALTORS®. The information provided is for the consumer's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties that the consumer may be interested in purchasing. Information deemed reliable, but is not guaranteed accurate. Some or all of the listings displayed may not belong to the firm whose web site is being visited.