Description
This property will make a great first rental property or add to your rental portfolio! This property is perfect for DSCR financing! The section 8 tenant has been in the home since the owner purchased it in 2019! The monthly rent is $825 which is in line with the 1% rule that most investors look for. The lease is up 9/26/2026. This home is professionally managed. It is 3 minutes from Levi Elementary School, 10 minutes from Mississippi state line, 15 minutes from Downtown, 5 minutes from Whitehaven area, and 12 minutes from Graceland! Call today for more info! No seller financing and no wholesalers. (Tax records show 2 bedrooms, but it is 3 bedrooms)
Details
| MLS # | 10218002 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Pending |
| Year | 1970 |
| Days On Site | 176 |
| Listing Provided By | Fast Track Realty, LLC | Verna Littleton |
Features
| Bed(s) | 3 |
|---|---|
| Bath(s) | 1 Total |
| Garage | 1 |
| Story(s) | 1 |
| Acreage | 0.18 |
| Property View | Some Trees, Level, Chain Fenced, Ir |
Interior
| Number Of Rooms | 6 |
|---|---|
| Cooling | Ceiling Fan(s), Window Unit(s) |
| Heating | Central |
| Misc Interior | Attic Access, Cat/Dog Free House, Security System, Smoke Detector(s), Other (See REMARKS) |
Exterior
| Roof | Composition Shingles |
|---|---|
| Foundation | Slab |
| Lot Description | Some Trees, Level, Chain Fenced, Iron Fenced |
Area Information
| State | TN |
|---|---|
| County | Shelby |
| City | Memphis |
| Zip Code | 38109 |
| Area | Mitchell | Westwood |
| Subarea | 762B |
| Community Name | INDIAN HILLS |
| Listing VS Median (in INDIAN HILLS) | |
Price: $82,900 low | high Med: $0 On site: 176 low | high Med: | |
Market Activity 38109
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Learn More About This Property
| State | TN |
|---|---|
| County | Shelby |
| City | Memphis |
| Zip Code | 38109 |
| Area | Mitchell | Westwood |
| Subarea | 762B |
| Community Name | INDIAN HILLS |
| Listing VS Median (in INDIAN HILLS) | |
Price: $82,900 low | high Med: $0 On site: 176 low | high Med: | |
Nearby Listings (Within 1/10 mile)
Price: $62K - $103K
sqft: 0 - 0
Listing Updated: September 16, 2026 at 8:20:53 PM PDT