Address
1428 Smythe Ave, Memphis, TN
Price
$ 80,000
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

Property vs Condos Average in 38114

Price
AVG $80K
$80K
Taxes
AVG $727
$521
Year Built
AVG 1950
1950
Visits
AVG 112
344
Data Provided by Inside Real Estate®

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