1589 E Mclemore Ave, Memphis, TN 38106

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List Price
$176,900
Status
ACTIVE
MLS#
10195308
Price Change
▼ $3,000 1780359444
Bedrooms
3
Bathrooms
1
Lot Size
45X137

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

Additional Information

Acres
0.14
Annual City Tax
399
Annual County Tax
423
Apprx Heated SqFt Range
1400-1599
Bedrooms Downstairs
3
Cooling
Central
Exterior
Porch, Deck, Other (See REMARKS)
Exterior Windows
Brick Veneer, Other (See Remarks)
Floors Ceilings
Vinyl/Luxury Vinyl Floor, Other (See REMARKS)
Heating
Central
Legal Subdivision
Magnolia Terr
Living Dining Kitchen
Other (See Remarks)
Lot
29&EPT28
Lot Description
Some Trees, Wood Fenced
Lot Size
45X137
Neighborhood Amenities
None
Parking Storage
Driveway/Pad, Other (See REMARKS)
Stories
1
Style
Traditional
Subdivision
MAGNOLIA TERRACE
Subtype
Detached Single Family
Year Built
1927

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Calculator source: Real Geeks

Listing courtesy of Foundation Property Management.

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