781 S Graham St, Memphis, TN 38111

Prime investment opportunity in the University of Memphis area! This fully renovated 5-bedroom, 2-bathroom home offers exceptional rental income potential. Previously a duplex, the property has been completely restructured into a single-family residence, maximizing living space and functionality. Recent updates include new flooring, new drywall, new HVAC, a new hot water heater, and new appliances, ensuring low maintenance for years to come. The home features two separate living areas, providing additional flexibility for tenants. Located within walking distance to the University of Memphis, this property is ideal for student housing or co-living arrangements. Rental rates in the area range from $700 to $800 per room, creating a potential gross income of $3,500 to $4,000 per month. A turnkey investment with strong cash flow potential—don’t miss this opportunity!