Professionally managed investment opportunity generating immediate cash flow! This tenant-occupied property is ideal for out-of-state investors seeking a stable, low-maintenance asset in the Memphis market. The home is currently leased at $1,200 per month, with the rent increasing to $1,250 beginning January 2027, and the existing lease runs through January 21, 2028, providing reliable income and minimizing vacancy risk. With professional property management already in place, a long-term tenant, and built-in rental growth, this is an excellent opportunity to add a cash-flowing asset to your portfolio with a seamless ownership transition. Please do not disturb the residents.
Sold for $125,000
Zillow last checked:
Listing updated:
Bought with:
Haydn M Wiseman
Cahltrep Realty, LLC
Source: MAAR,MLS#: 10225834
Price history
| Date | Event | Price |
|---|---|---|
| 8/18/2026 | Sold | $125,000-3.8%$79/sqft |
Source:  MAAR #10225834 Report a problem | ||
| 7/17/2026 | Pending sale | $130,000$82/sqft |
Source: MAAR #10225834 Report a problem | ||
| 7/10/2026 | Listed for sale | $130,000+8.8%$82/sqft |
Source: MAAR #10225834 Report a problem | ||
| 9/1/2021 | Sold | $119,500+68.3%$75/sqft |
Source: MAAR #10105518 Report a problem | ||
| 5/10/2021 | Sold | $71,000+230.2%$45/sqft |
Source: Public Record Report a problem | ||
| 8/19/2010 | Sold | $21,500-38.6%$14/sqft |
Source: Public Record Report a problem | ||
| 4/29/2008 | Sold | $35,000$22/sqft |
Source: Public Record Report a problem | ||
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