Description
Turnkey investment opportunity at 695 Marsh Ave in Memphis. This two bedroom, one bathroom property is tenant occupied with immediate cash flow. Interior has been renovated and interior photos are available upon request. Current rent is $993 per month with a 10% late fee after the 5th. Lease is in place from 01/20/2026 through 01/19/2027 providing stable, predictable income. Tenant is responsible for all utilities which helps minimize landlord expenses. Property offers a simple layout, low maintenance, and strong rental fundamentals for investors looking to add to their portfolio. Whether you are a new investor or expanding your holdings, this is a solid income producing opportunity with built in cash flow from day one. Do not disturb tenant. No showings until accepted offer.
Details
| MLS # | 10218494 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1941 |
| Days On Site | 158 |
| Listing Provided By | Fast Track Realty, LLC | Jose Adan Leal Garcia |
Features
| Bed(s) | 2 |
|---|---|
| Bath(s) | 1 Total |
| Story(s) | 1 |
| Acreage | 0.11 |
| Property View | Level |
Interior
| Number Of Rooms | 4 |
|---|---|
| Cooling | Central |
| Heating | Central |
Exterior
| Roof | Composition Shingles |
|---|---|
| Foundation | Slab |
| Lot Description | Level |
Area Information
| State | TN |
|---|---|
| County | Shelby |
| City | Memphis |
| Zip Code | 38127 |
| Area | Westside |
| Subarea | 724A |
| Community Name | JEFFERSON PARK BLK 2 |
| Listing VS Median (in JEFFERSON PARK BLK 2) | |
Price: $97,000 low | high Med: $0 On site: 158 low | high Med: | |
Market Activity 38127
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Learn More About This Property
| State | TN |
|---|---|
| County | Shelby |
| City | Memphis |
| Zip Code | 38127 |
| Area | Westside |
| Subarea | 724A |
| Community Name | JEFFERSON PARK BLK 2 |
| Listing VS Median (in JEFFERSON PARK BLK 2) | |
Price: $97,000 low | high Med: $0 On site: 158 low | high Med: | |
