Description
ATTENTION INVESTORS! This tenant-occupied rental offers an opportunity to add another income-producing property to your portfolio. This 3-bedroom, 1.5-bath single-family home is currently generating $1,450/ month in rental income, with the current lease running through 10/31/2027. 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 # | 10232216 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1963 |
| Days On Site | 16 |
| Listing Provided By | Foundation Property Management | James Wachob |
Features
| Bed(s) | 3 |
|---|---|
| Bath(s) | 1 Total |
| Garage | 1 |
| Story(s) | 1 |
| Acreage | 0.22 |
| 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 East |
| Subarea | 727B |
| Community Name | OAK GROVE PARK |
| Listing VS Median (in OAK GROVE PARK) | |
Price: $135,000 low | high Med: $0 On site: 16 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 | 727B |
| Community Name | OAK GROVE PARK |
| Listing VS Median (in OAK GROVE PARK) | |
Price: $135,000 low | high Med: $0 On site: 16 low | high Med: | |
Nearby Listings (Within 1/4 mile)
Price: $101K - $168K
sqft: 0 - 0
Listing Updated: October 12, 2026 at 7:37:06 AM PDT