223 Charter Ave, Memphis, TN 38109
- $116,900
- 3
- BD
- 1
- BA
- List Price
- $116,900
- Status
- ACTIVE
- MLS#
- 10225371
- Price Change
- ▼ $1,000 1789516088
- Bedrooms
- 3
- Bathrooms
- 1
- Lot Size
- 50X170
Property Description
Don’t miss this newly renovated (2023), income-producing property featuring 3 bedrooms and 1 bathroom. Currently tenant-occupied at $1,000 per month, with the lease in place through November 30, 2026, providing immediate cash flow for investors. But this property isn’t just for investors! It could also be a great opportunity for a first-time homebuyer looking for an affordable home with the potential to build equity and create long-term wealth. Conveniently located within walking distance of public transportation, grocery stores, and nearby schools, including Geeter K-8 School and Fairley High School. Whether you’re looking to add to your investment portfolio or purchase your first home, this property is worth a closer look! ?? Please do not disturb the tenants. No showings will be permitted until an acceptable offer has been received and accepted by the seller.
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Additional Information
- Acres
- 0.19
- Annual City Tax
- 402
- Annual County Tax
- 419
- Bedrooms Downstairs
- 3
- Bedroom Three Description
- Level 1, Vinyl/Luxury Vinyl Floor
- Bedroom Two Description
- Level 1, Vinyl/Luxury Vinyl Floor
- Cooling
- Central, Ceiling Fan(s)
- Exterior
- Wrought Iron Security Drs, Porch, Chain Fence, Storage, Sidewalks
- Exterior Windows
- Brick Veneer
- Floors Ceilings
- Tile, Vinyl/Luxury Vinyl Floor
- Foundation
- Other (See Remarks)
- Heating
- Central
- Interior Equipment
- Cable Available, Other (See REMARKS)
- Legal Subdivision
- Acklena Land Company
- Living Dining Kitchen
- Great Room, Updated/Renovated Kitchen, Eat-In Kitchen, Washer/Dryer Connections, W/D Connection in Kitchen, Other (See Remarks)
- Lot
- 12
- Lot Description
- Some Trees, Chain Fenced
- Lot Size
- 50X170
- Misc Interior
- All Window Treatments
- Neighborhood Amenities
- None
- New Financing
- Conventional, FHA, Other (See REMARKS), VA
- Other Rooms
- Other (See Remarks)
- Parking Storage
- Driveway/Pad
- Roof
- Other (See REMARKS)
- Stories
- 1
- Style
- Traditional
- Subdivision
- ACKLENA LAND CO
- Subtype
- Detached Single Family
- Water Sewer
- Public Water, Public Sewer
- Year Built
- 1960
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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.