1188 Tanglewood St, Memphis, TN 38114
- $135,000
- 2
- BD
- 1
- BA
- List Price
- $135,000
- Status
- ACTIVE
- MLS#
- 10226802
- Bedrooms
- 2
- Bathrooms
- 1
- Lot Size
- 50X150
Property Description
ATTENTION INVESTORS! Tenant-occupied investment opportunity on a desirable corner lot just 0.5 miles from the Cooper-Young Historic District. The property is currently rented for $935/month to a stable, long-term tenant who has occupied the home since 2015. The lease is in place through April 30, 2027, with current rent and a consistent payment history. The home features a spacious den with a fireplace, separate dining room, updated kitchen, and a private, fenced backyard. Conveniently located near the shops, dining, and entertainment of Cooper-Young, this property offers an attractive combination of established rental income and long-term value-add potential. Don't miss the opportunity to add this gem to your portfolio! Professionally managed, please do not disturb tenant. Lease and tenant ledger available upon request. Professionally managed. Please do not disturb the tenant. No wholesale, owner financing, or creative financing offers.
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Additional Information
- Acres
- 0.17
- Annual City Tax
- 614
- Annual County Tax
- 640
- Bedrooms Downstairs
- 2
- Cooling
- Central
- Exterior
- Patio
- Exterior Windows
- Other (See Remarks)
- Floors Ceilings
- Part Carpet
- Heating
- Central
- Legal Subdivision
- Tanglewood Terrace
- Living Dining Kitchen
- Eat-In Kitchen
- Lot
- 24
- Lot Description
- Level
- Lot Size
- 50X150
- Neighborhood Amenities
- None
- Parking Storage
- Driveway/Pad
- Stories
- 1
- Style
- Traditional
- Subdivision
- TANGLEWOOD TERRACE
- Subtype
- Detached Single Family
- Year Built
- 1924
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Listing courtesy of KAIZEN Realty, LLC.
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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.