Turnkey investment opportunity in Memphis with a tenant already in place paying $1,575 per month. Seller is offering a rate buydown for qualified DSCR buyers, creating an attractive financing opportunity. Additionally, a 1-year home warranty is included. Tenant is responsible for all utilities and landscaping, helping simplify ownership and property management. The home was completely renovated prior to tenant placement, providing updated finishes and systems for added peace of mind. Ideal for investors seeking a property with established occupancy and day-one rental income. Convenient Memphis location with easy access to major roads, shopping, schools, and employment centers. Please do not disturb tenant. No seller financing, low offers, or wholesaling.
For sale
Price cut: $8K (8/20)
$149,500
2283 Cassie Ave, Memphis, TN 38127
4beds
1,392sqft
Single Family Residence
Built in 1963
6,969 Square Feet Lot
$146,800 Zestimate®
$107/sqft
$-- HOA
What's special
Completely renovatedUpdated finishes and systems
- 99 days
- 290
- 16
Zillow last checked:
Listing updated:
Listed by:
Alissa G Anderson,
KAIZEN Realty, LLC 901-221-4041
Source: MAAR,MLS#: 10222905
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Primary bedroom
- Area: 120
- Dimensions: 10 x 12
Dining room
- Features: Separate Dining Room
- Width: 0
Kitchen
- Features: Eat-in Kitchen, Updated/Renovated Kitchen
Living room
- Features: LR/DR Combination
- Area: 144
- Dimensions: 12 x 12
Den
- Width: 0
Heating
- Central, Electric
Cooling
- Ceiling Fan(s), Central Air
Appliances
- Included: Dishwasher, Disposal, Range/Oven
Features
- 1 or More BR Down, All Bedrooms Down, Primary Down, Square Feet Source: AutoFill (MAARdata) or Public Records (Cnty Assessor Site)
- Flooring: Tile, Vinyl
- Doors: Storm Door(s)
- Windows: Double Pane Windows
- Has fireplace: No
Interior area
- Total interior livable area: 1,392 sqft
Property
Parking
- Total spaces: 1
- Parking features: Driveway/Pad
- Covered spaces: 1
- Has uncovered spaces: Yes
Features
- Stories: 1
- Patio & porch: Porch, Patio
- Pool features: None
Lot
- Size: 6,969 Square Feet
- Dimensions: 62 x 113
- Features: Level, Some Trees
Details
- Parcel number: 072084 00005
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Single Family Residence
Materials
- Vinyl Siding, Wood/Composition
Condition
- New construction: No
- Year built: 1963
Details
- Warranty included: Yes
Community & HOA
Community
- Subdivision: Westwood Manor 2nd Addn
Location
- Region: Memphis
Financial & listing details
- Price per square foot: $107/sqft
- Tax assessed value: $104,700
- Annual tax amount: $1,380
- Price range: $149.5K - $149.5K
- Date on market: 6/1/2026
- Cumulative days on market: 233 days
Estimated market value
$146,800
$139,000 - $154,000
$1,341/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/20/2026 | Price change | $149,500-5.1%$107/sqft |
Source:  MAAR #10222905 Report a problem | ||
| 8/3/2026 | Price change | $157,500+5%$113/sqft |
Source: MAAR #10222905 Report a problem | ||
| 6/1/2026 | Listed for sale | $150,000+7.1%$108/sqft |
Source: MAAR #10222905 Report a problem | ||
| 5/20/2026 | Listing removed | $140,000$101/sqft |
Source: MAAR #10212253 Report a problem | ||
| 5/15/2026 | Listing removed | $1,400$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 5/11/2026 | Price change | $140,000-3.4%$101/sqft |
Source: MAAR #10212253 Report a problem | ||
| 4/10/2026 | Price change | $1,400-3.4%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 4/7/2026 | Listed for rent | $1,450$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 1/7/2026 | Listed for sale | $145,000+93.3%$104/sqft |
Source: MAAR #10212253 Report a problem | ||
| 7/2/2025 | Sold | $75,000$54/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,380 +5.9% | $26,175 +32.4% |
| 2024 | $1,302 +8.1% | $19,775 |
| 2023 | $1,205 | $19,775 |
| 2022 | -- | $19,775 |
| 2021 | -- | $19,775 +35.7% |
| 2020 | $466 | $14,575 |
| 2019 | $466 -21.1% | $14,575 |
| 2018 | $590 -45.1% | $14,575 |
| 2017 | $1,076 +123.2% | $14,575 +2.8% |
| 2016 | $482 +0.4% | $14,175 |
| 2014 | $480 | $14,175 |
| 2013 | -- | $14,175 -5.8% |
| 2012 | -- | $15,050 |
| 2011 | -- | $15,050 |
| 2010 | -- | $15,050 |
| 2009 | -- | $15,050 -5.2% |
| 2008 | -- | $15,875 |
| 2007 | -- | $15,875 |
| 2006 | -- | $15,875 |
| 2005 | -- | $15,875 +6% |
| 2004 | -- | $14,975 |
| 2003 | -- | $14,975 |
| 2002 | -- | $14,975 |
| 2001 | -- | $14,975 +18.4% |
| 2000 | -- | $12,650 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Shelby Forest-Frayser
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