Description
Fantastic investment opportunity. Seller has 7 properties for sale. 6 SFH & 1 Duplex. This duplex is 5294 is a 3BR, 2.5 bath leased at $1,000/mo. through 4/30/2027 and 5296 is a 2BR, 2.5 bath leased at $766/mo. on a month-to-month. Providing immediate cash flow while you plan your future value-add strategy. Please do not disturb the tenant. Property being sold as-is. No wholesalers, or creative financing. Showings/Inspections after contract. This property is currently being professionally managed by Reed & Associates of TN, LLC.
Details
| MLS # | 10223553 |
|---|---|
| Listing Type | For Sale |
| Style | Duplex |
| Sub-Type | Resale |
| Status | Pending |
| Year | 1976 |
| Days On Site | 89 |
| Listing Provided By | Reed & Associates of Tenn, LLC | Benjamin Reed |
Features
| Garage | 2 |
|---|---|
| Story(s) | 2 |
| Property View | Corner, Level |
Interior
| Cooling | Central Cooling |
|---|---|
| Heating | Central |
Exterior
| Lot Description | Corner, Level |
|---|
Area Information
| State | TN |
|---|---|
| County | Shelby |
| City | Memphis |
| Zip Code | 38118 |
| Area | Fox Meadows |
| Subarea | 784D |
| Community Name | MENDENAIRE |
| Listing VS Median (in MENDENAIRE) | |
Price: $214,900 low | high Med: $0 On site: 89 low | high Med: | |
Market Activity 38118
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Learn More About This Property
| State | TN |
|---|---|
| County | Shelby |
| City | Memphis |
| Zip Code | 38118 |
| Area | Fox Meadows |
| Subarea | 784D |
| Community Name | MENDENAIRE |
| Listing VS Median (in MENDENAIRE) | |
Price: $214,900 low | high Med: $0 On site: 89 low | high Med: | |
Nearby Listings (Within 1/4 mile)
Price: $161K - $268K
sqft: 0 - 0
Listing Updated: July 29, 2026 at 2:10:06 PM PDT