New Listing
$99,900
 $536 est/mo Sourced by Back At You

380 Elder Rd,Memphis, TN 38109

Memphis, TN 38109

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Description

Investor-friendly opportunity with immediate rental income! This recently renovated 3-bedroom, 1-bath home is tenant occupied with a lease in place from 7/1/2026 through 7/1/2028, offering stability from day one. Updated and income-producing, this property is a great addition to any rental portfolio. Ideal for investors seeking a turnkey, cash-flowing asset with a long-term tenant already secured.

Details

MLS #10229259
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusActive
Year1955
Days On Site4
Listing Provided ByCrye-Leike, Inc., REALTORS | Trevor Wallace

Features

Bed(s)3
Bath(s) 1 Total
Story(s)1
Acreage0.19
Property ViewOther (See Remarks)

Interior

Number Of Rooms5
CoolingCentral
HeatingCentral

Exterior

Lot DescriptionOther (See Remarks)

Area Information

StateTN
CountyShelby
CityMemphis
Zip Code38109
AreaMitchell | Westwood
Subarea762B
Community NameJ E WALKER HOMES
Listing VS Median (in J E WALKER HOMES)
Price:
$99,900
low | high
Med:
$0
On site:
4
low | high
Med:
Sourced by Back At You

Market Activity 38109

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Learn More About This Property

StateTN
CountyShelby
CityMemphis
Zip Code38109
AreaMitchell | Westwood
Subarea762B
Community NameJ E WALKER HOMES
Listing VS Median (in J E WALKER HOMES)
Price:
$99,900
low | high
Med:
$0
On site:
4
low | high
Med:
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $74K - $124K
sqft: 0 - 0
Listing Updated: August 28, 2026 at 9:16:05 AM PDT