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For sale
    • $72,000

    1407 Semmes St #21, Memphis, TN 38114

    1beds
    576sqft
    : 
    $501/mo
    Get pre-qualified
    Condominium
    Built in 1950
    -- sqft lot
    $-- Zestimate®
    $125/sqft
    $-- HOA

    What's special

    OWNER FINANCING AVAILABLE!! ATTENTION INVESTORS! This tenant-occupied rental offers an opportunity to add another income-producing property to your portfolio. This 1-bedroom, 1-bath single-family home is currently generating $650/ month in rental income, with the current lease running through 08/21/2028. 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
    1 day
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    43
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    Zillow last checked:

    Listing updated:

    Listed by:

    James C Wachob,

    Foundation Property Management 901-633-1484

    Source: MAAR,MLS#: 10207301MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 1
      • Bathrooms: 1
      • Full bathrooms: 1
      Primary bedroom
      • Dimensions: 0 x 0
      Dining room
      • Dimensions: 0 x 0
      Living room
      • Features: Separate Living Room
      • Dimensions: 0 x 0
      Den
      • Dimensions: 0 x 0
      Heating
      • Other (See REMARKS)
      Cooling
      • Other (See REMARKS)
      Features
      • All Bedrooms Down, Square Feet Source: AutoFill (MAARdata) or Public Records (Cnty Assessor Site)
      • Has fireplace: No
      Interior area
      • Total interior livable area: 576 sqft

      Property

      Parking
      • Parking features: Driveway/Pad
      • Has uncovered spaces: Yes
      Features
      • Stories: 1
      • Exterior features: Other (See REMARKS)
      • Pool features: None
      Lot
      • Size: 5.93 Acres
      Details
      • Parcel number: 059016 00191

      Construction

      Type & style
      • Home type: Condo
      • Architectural style: Traditional
      • Property subtype: Condominium
      Condition
      • New construction: No
      • Year built: 1950

      Community & HOA

      Community
      • Features: Other (See REMARKS)
      • Subdivision: Cherry Park Condominiums
      Location
      • Region: Memphis

      Financial & listing details

      • Price per square foot: $125/sqft
      • Annual tax amount: $466
      • Price range: $72K - $72K
      • Date on market: 8/24/2026
      • Cumulative days on market: 210 days

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $719/mo

        Price history

        DateEventPrice
        8/24/2026Listed for sale$72,000$125/sqft
        Source: MAAR #10207301 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.
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        Climate risks

        Neighborhood: East Memphis-Colonial-Yorkshire

        Getting around

        50 / 100
        Car-Dependent
        29 / 100
        Some Transit
        48 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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