Shelby County, Memphis, TN 38109
3 bd1 ba864 sfBuilt 1968
Gross spread$73,500
Description
Great opportunity for investors looking for an affordable value-add property in the Memphis market. Located in the 38109 zip code, this property offers a low entry price with potential upside through a complete renovation. The single-story layout and manageable square footage make this an attractive option for investors looking to control renovation costs while maximizing potential returns. The spacious lot adds additional appeal for future tenants or resale buyers. This property is ideal for investors pursuing a fix-and-flip, BRRRR strategy, or long-term buy-and-hold rental investment. Full rehab required. Great opportunity for experienced investors looking to build equity and add another property to their portfolio. Showings available ASAP! Serious cash buyers preferred. Contact us today to schedule a walkthrough. Quick closing preferred.
Verified — contract control only
The originating marketplace confirmed that the seller holds an executed purchase contract on this property. That is the whole of what it attests. It is not a check of the asking price, the condition, the repair estimate, the after-repair value or whether the deal is profitable. A deal without this badge is not unsafe — most have simply never been checked.
$/sqft vs market
Median of 43 comparable listings matched on ZIP + property type. A narrow sample moves a lot; read it as context, not as a valuation.
Property
Systems & condition
Self-reported by the seller. Not inspected.
Property information
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