Description
INVESTORS ONLY! Tenant occupied property that would make an excellent addition to your portfolio. Renovated in August 2026 and rented for $835/month to a tenant that moved in 9/1/2026. Lease is secured until 8/31/2027. Roof and water heater were replaced in 2020. Brand new HVAC installed in December 2023. Professional management in place, nothing to do but pick it up and start collecting rent! No sign in yard. No wholesalers, assignments, creative financing or owner financing. Please do not disturb tenant.
Details
| MLS # | 10229698 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1952 |
| Days On Site | 28 |
| Listing Provided By | KAIZEN Realty, LLC | Jeremy Veldman |
Features
| Bed(s) | 2 |
|---|---|
| Bath(s) | 1 Total |
| Story(s) | 1 |
| Acreage | 0.20 |
| Property View | Level |
Interior
| Number Of Rooms | 4 |
|---|---|
| Cooling | Central |
| Heating | Central |
Exterior
| Lot Description | Level |
|---|
Area Information
| State | TN |
|---|---|
| County | Shelby |
| City | Memphis |
| Zip Code | 38127 |
| Area | Frayser East |
| Subarea | 727C |
| Community Name | RUGBY (SOUTH) |
| Listing VS Median (in RUGBY (SOUTH)) | |
Price: $89,000 low | high Med: $0 On site: 28 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 East |
| Subarea | 727C |
| Community Name | RUGBY (SOUTH) |
| Listing VS Median (in RUGBY (SOUTH)) | |
Price: $89,000 low | high Med: $0 On site: 28 low | high Med: | |
Nearby Listings (Within 1/4 mile)
Price: $66K - $111K
sqft: 0 - 0
Listing Updated: September 23, 2026 at 8:15:28 AM PDT