923 Garland St, Memphis, TN 38107

$105,000
3
BD
1
BA

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List Price
$105,000
Status
PENDING
MLS#
10224242
Price Change
▼ $4,500 1784006970
Bedrooms
3
Bathrooms
1
Lot Size
50X130

Property Description

Price Improvement! Investor opportunity with tenant already in place! This well-maintained, professionally managed 3BD/1BA single-family home is generating $1,050/month with a lease secured through 12/31/2026 — immediate cash flow from day one with no vacancy risk. Located in the Historic Vollintine Evergreen neighborhood, this solid home has been consistently cared for without the need for major capital investment upfront. Value-add potential through cosmetic updates or rent optimization at lease renewal. Conveniently located near I-240, Downtown Memphis, and Midtown amenities, keeping demand strong from Memphis's steady renter pool. Do not disturb tenant. Showings by appointment only with accepted offer and proof of funds. Sold AS-IS. Buyer to verify all information. Photos reflect pre-tenancy condition. Property is currently tenant-occupied.

Additional Information

Acres
0.14
Annual City Tax
955
Annual County Tax
995
Bedrooms Downstairs
3
Cooling
Central
Exterior
Porch
Exterior Windows
Brick Veneer
Fireplace
Masonry, Decorative Only, In Living Room
Fireplaces
1
Floors Ceilings
Part Hardwood, Tile
Heating
Central
Legal Subdivision
Stonewall
Living Dining Kitchen
Separate Living Room
Lot
128
Lot Description
Some Trees, Level
Lot Size
50X130
Neighborhood Amenities
None
Parking Storage
Driveway/Pad
Stories
1
Style
Traditional
Subdivision
VOLLINTINE EVERGREEN
Subtype
Detached Single Family
Year Built
1926

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Listing courtesy of eXp Realty.

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