Description
ATTENTION INVESTORS! This tenant-occupied rental offers an opportunity to add another income-producing property to your portfolio. This 3-bedroom, 1-bath single-family home is currently generating $815/ month in rental income, with the current lease running through 05/09/2027. An opportunity to purchase an income-producing property with a tenant already in place. Please do not disturb the tenant. No showings without an accepted offer. NO wholesale, assignment or creative financing offers will be accepted. Financials available upon request. Professionally Managed IN-HOUSE
Details
| MLS # | 10198040 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1959 |
| Days On Site | 834 |
| Listing Provided By | Foundation Property Management | James Wachob |
Features
| Bed(s) | 3 |
|---|---|
| Bath(s) | 1 Total |
| Story(s) | 1 |
| Acreage | 0.20 |
| Property View | Some Trees |
Interior
| Number Of Rooms | 5 |
|---|---|
| Cooling | Central |
| Heating | Central |
Exterior
| Lot Description | Some Trees |
|---|
Area Information
| State | TN |
|---|---|
| County | Shelby |
| City | Memphis |
| Zip Code | 38127 |
| Area | Frayser North |
| Subarea | 725B |
| Community Name | RIDGEGROVE BLK A |
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Learn More About This Property
| State | TN |
|---|---|
| County | Shelby |
| City | Memphis |
| Zip Code | 38127 |
| Area | Frayser North |
| Subarea | 725B |
| Community Name | RIDGEGROVE BLK A |
Nearby Listings (Within 1/10 mile)
Price: $56K - $93K
sqft: 0 - 0
Listing Updated: August 21, 2026 at 9:02:04 AM PDT