Description
ATTENTION INVESTORS! This tenant-occupied rental offers an opportunity to add another income-producing property to your portfolio. This 3-bedroom, 1-bath single-family home is currently generating $895/ month in rental income, with the current lease running through 05/17/2027. 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
Details
| MLS # | 10212700 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1959 |
| Days On Site | 223 |
| Listing Provided By | Foundation Property Management | James Wachob |
Features
| Bed(s) | 3 |
|---|---|
| Bath(s) | 1 Total |
| Story(s) | 1 |
| Acreage | 0.12 |
| Property View | Level |
Interior
| Number Of Rooms | 5 |
|---|---|
| Cooling | Central |
| Heating | Central |
Exterior
| Lot Description | Level |
|---|
Area Information
| State | TN |
|---|---|
| County | Shelby |
| City | Memphis |
| Zip Code | 38127 |
| Area | Frayser North |
| Subarea | 725B |
| Community Name | RIDGEGROVE BLK A |
| Listing VS Median (in RIDGEGROVE BLK A) | |
Price: $93,000 low | high Med: $0 On site: 223 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 | Frayser North |
| Subarea | 725B |
| Community Name | RIDGEGROVE BLK A |
| Listing VS Median (in RIDGEGROVE BLK A) | |
Price: $93,000 low | high Med: $0 On site: 223 low | high Med: | |
Nearby Listings (Within 1/10 mile)
Price: $69K - $116K
sqft: 0 - 0
Listing Updated: August 21, 2026 at 8:35:17 AM PDT