Property Attributes
- MLS#10196660
- TypeCondos
- Listing Status Active
- CountySHELBY
- CityMemphis
- AreaPendleton-Park
- NeighborhoodCHEROKEE
- Zip38114
- StyleTraditional
- Year Built1950
- Taxes$ 521
- Price$ 80,000
- Bedrooms2
- Full Bathrooms1
- Half Bathrooms0
- Sqr Footage744
- Lot Size5.93 Acres
Data Source:
Memphis MLS (MAAR)
Property Description
Currently leased at $865 per month through 08/16/2027. ATTENTION INVESTORS! This tenant-occupied rental offers an opportunity to add another income-producing property to your portfolio. This 2-bedroom, 1-bath single-family home is currently generating $865/ month in rental income, with the current lease running through 08/16/2027. 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
| Price History | |
|---|---|
| 5/16/2025 | Listed $85,000 |
| 12/10/2025 | 6$80,000 |
General Features
| Heating | Central |
|---|---|
| Cooling | Central |
| Status | Active |
| Full Baths | 1 |
| Legal Subdivision Name | CHERRY PARK CONDOMINIUMS |
| Style | Traditional |
| Stories Count | 1 |
| County | Shelby |
| Class | Residential |
| Type | Detached Single Family |
| Condo | Yes |
| Area | 757F |
| Unit Number | 58 |
| Parcel Number | 059050 00043 |
| Status | Active |
| Annual City Tax | 253 |
| Annual County Tax | 268 |
| Monthly Maintenance Fee | 70 |
| Sale/Rent | For Sale |
| Area | Pendleton/Park |
| Service Type | Full Service Listing |
| Condominium Association | Yes |
| Year Built | 1950 |
| Directions | From Kimball Ave,head South to Alamo St,then turn right to Smythe Ave. The house is on the left. |
| City | Memphis |
| DOM | 498 |
Interior Features
| Living Room | Separate Dining Room |
|---|---|
| Beds | 2 |
| Total Baths | 1 |
| Number of Rooms | 2 |
| Heated SqFt | 600-799 |
| Downstairs Bedrooms | 2 |
| FLOORS/CEILINGS | Part Carpet |
| Condo Amenities | Community Laundry |
Exterior Features
| Pool | None |
|---|---|
| Lot | UNIT 58 |
| Lot Size Area | 5.93 |
| Lot Size | 4456 |
| Parking Display | No |
| Lot Description | Level |
| PARKING/STORAGE | Driveway/Pad |
| EXTERIOR/WINDOWS | Brick Veneer,Other (See Remarks) |
| Misc. Exterior | Other (See REMARKS) |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Pets
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
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All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating