$50,000
 $268 est/mo Sourced by Back At You

389 Josephine St,Memphis, TN 38111

Memphis, TN 38111

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Description

Investor Opportunity in Chickasaw Gardens! Located just two blocks from Simmons Bank Liberty Stadium, this 2-bedroom, 1-bath home presents a prime value-add opportunity in a desirable area. Property is in need of a full renovation and is being sold as-is, offering strong potential for investors seeking a fix-and-flip or buy-and-hold asset. Conveniently located near major amenities, entertainment, and the University of Memphis area, this property is ideally positioned for long-term growth and rental demand. Home is currently tenant occupied. Please do not disturb tenant. Showings will be granted upon acceptance of a contract.

Details

MLS #10217450
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusPending
Year1946
Days On Site169
Listing Provided ByKeller Williams | Realis Sanders

Features

Bed(s)2
Bath(s) 1 Total
Garage1
Story(s)1
Acreage0.14
Property ViewChain Fenced, Some Trees

Interior

Number Of Rooms5
CoolingWindow Unit(s)
HeatingGas, Wall Unit

Exterior

Lot DescriptionChain Fenced, Some Trees

Area Information

StateTN
CountyShelby
CityMemphis
Zip Code38111
AreaChickasaw Gardens
Subarea754G
Community NameBURMEISTER HEIGHTS
Listing VS Median (in BURMEISTER HEIGHTS)
Price:
$50,000
low | high
Med:
$0
On site:
169
low | high
Med:
Sourced by Back At You

Market Activity 38111

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Additional Information


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Learn More About This Property

StateTN
CountyShelby
CityMemphis
Zip Code38111
AreaChickasaw Gardens
Subarea754G
Community NameBURMEISTER HEIGHTS
Listing VS Median (in BURMEISTER HEIGHTS)
Price:
$50,000
low | high
Med:
$0
On site:
169
low | high
Med:
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $37K - $62K
sqft: 0 - 0
Nearby Listings Property ImageNearby Listings Details
420 JOSEPHINE ST Property Photo 1
$199,000
420 Josephine St
Memphis, TN 38111
Listing Updated: September 2, 2026 at 10:14:24 AM PDT