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Venus Miller

venus.miller@exprealty.com +1(901) 461-3210

$ 176,900

Est. payment -/mo

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Active

1589 E MCLEMORE AVE Memphis, TN 38106

3 Beds

1 Bath

1,599 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Detached Single Family

Listing Status Active

Purchase Type For Sale

Approx. Sqft 1400-1599

Square Footage 1,599 sqft

Price per Sqft $110

Subdivision Magnolia Terr

MLS Listing ID 10195308

Style Traditional

Bedrooms 3

Full Baths 1

Year Built 1927

Annual Tax Amount $822

Lot Size 6,098 Sqft

Property Sub-Type Detached Single Family

Property Description

TURNKEY INVESTMENT OPPORTUNITY! This tenant-occupied 3-bedroom, 1.5-bath home is currently rented for $1,325/month through 06/02/2028, providing immediate rental income with an established tenant already in place. The home offers a functional floor plan and convenient parking, making it a solid addition to an investment portfolio. Whether you're an experienced investor looking to grow your portfolio or purchasing your first rental property, this income-producing home offers an attractive opportunity at an affordable price point. Please do not disturb the tenant. No showings without an accepted offer. Financials available upon request. No wholesalers, assignments, or creative financing! PROFESSIONALLY MANAGED IN-HOUSE Owner/Agent

Location

State TN

County Shelby

Area South Memphis/Glenview

Rooms

Master Bedroom 0x0

Dining Room 0x0

Kitchen Other (See Remarks)

Interior

Heating Central

Cooling Central

Flooring Other (See REMARKS), Vinyl/Luxury Vinyl Floor

Exterior

Exterior Feature Brick Veneer, Other (See Remarks)

Parking Features Driveway/Pad, Other (See REMARKS)

Pool None

Private Pool Yes

Building

Lot Description Some Trees, Wood Fenced

Story 1

Others

Miscellaneous Porch,Deck,Other (See REMARKS)

Listed by James C Wachob • Foundation Property Management

Nearby Locations

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(901) 461-3210

venus.miller@exprealty.com