Description
ATTENTION INVESTORS!! This brick home is rented for $1,525/month to a Section 8 tenant with a lease secured until January 31, 2027. Home features spacious living room, updated eat-in kitchen, 3 spacious bedrooms and a large bonus room in back (could be marketed as a 4 bedroom for rental), back deck and large fenced-in backyard. Renovated in November 2025. Crawlspace is encapsulated. Laminate hardwood throughout, brand new carpet in bonus room. Stable cash flow and a good blend of investor and owner occupants in the area make this an attractive investment for anyone looking to add value to their portfolio! Lease and rent rolls available upon request. No seller financing, creative financing or wholesale offers. Professionally managed, do not disturb tenant.
Details
| MLS # | 10223297 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1960 |
| Days On Site | 98 |
| Listing Provided By | KAIZEN Realty, LLC | Jeremy Veldman |
Features
| Bed(s) | 3 |
|---|---|
| Bath(s) | 1 Total |
| Story(s) | 1 |
| Acreage | 0.24 |
| Property View | Level |
Interior
| Number Of Rooms | 7 |
|---|---|
| Cooling | Central |
| Heating | Central |
Exterior
| Lot Description | Level |
|---|
Area Information
| State | TN |
|---|---|
| County | Shelby |
| City | Memphis |
| Zip Code | 38118 |
| Area | Airport | Oakhaven |
| Subarea | 771B |
| Community Name | KENSINGTON GARDENS BLK F 1 |
| Listing VS Median (in KENSINGTON GARDENS BLK F 1) | |
Price: $164,000 low | high Med: $0 On site: 98 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 | Airport | Oakhaven |
| Subarea | 771B |
| Community Name | KENSINGTON GARDENS BLK F 1 |
| Listing VS Median (in KENSINGTON GARDENS BLK F 1) | |
Price: $164,000 low | high Med: $0 On site: 98 low | high Med: | |
