Address
1531 Netherwood Ave, Memphis, TN
Price
$ 145,900
Property Attributes
- MLS#10195316
- TypeSingle Family
- Listing Status Active
- CountySHELBY
- CityMemphis
- AreaSouth Memphis-Glenview
- NeighborhoodCRUMP BROTHERS
- Zip38106
- StyleTraditional
- Year Built1912
- Taxes$ 1010
- Price$ 145,900
- Bedrooms3
- Full Bathrooms1
- Half Bathrooms0
- Sqr Footage1384
- Lot Size0.16 Acres
Data Source:
Memphis MLS (MAAR)
Property Description
TURNKEY INVESTMENT OPPORTUNITY! This tenant-occupied 3-bedroom, 1-bath home is currently rented for $1,195/month through 3/31/2028, providing immediate rental income with an established tenant already in place. The home offers a functional floor plan and convenient parking, making it a solid addition to an investment portfolio. Whether you’re an experienced investor looking to grow your portfolio or purchasing your first rental property, this income-producing home offers an attractive opportunity at an affordable price point. Please do not disturb the tenant. No showings without an accepted offer. Financials available upon request. No wholesalers, assignments, or creative financing! PROFESSIONALLY MANAGED IN-HOUSE Owner/Agent
| Price History | |
|---|---|
| 7/4/2025 | Listed $159,900 |
| 2/25/2026 | 7$149,900 |
| 6/1/2026 | 3$145,900 |
General Features
| Heating | Central |
|---|---|
| Cooling | Central |
| Status | Active |
| Full Baths | 1 |
| Legal Subdivision Name | CRUMP BROS |
| Style | Traditional |
| Stories Count | 1 |
| County | Shelby |
| Class | Residential |
| Type | Detached Single Family |
| Condo | No |
| Area | 748B |
| Parcel Number | 031009 00010 |
| Status | Active |
| Annual City Tax | 490 |
| Annual County Tax | 520 |
| Sale/Rent | For Sale |
| Area | South Memphis/Glenview |
| Service Type | Full Service Listing |
| Neighborhood Association | None |
| Year Built | 1912 |
| Directions | From E McLemore Ave,go south on Rayner St,turn left on Netherwood Ave; property on right. |
| City | Memphis |
| DOM | 486 |
Interior Features
| Living Room | Other (See Remarks) |
|---|---|
| Beds | 3 |
| Total Baths | 1 |
| Number of Rooms | 7 |
| Heated SqFt | 1200-1399 |
| Downstairs Bedrooms | 3 |
| FLOORS/CEILINGS | Other (See REMARKS),Vinyl/Luxury Vinyl Floor |
Exterior Features
| Pool | None |
|---|---|
| Lot | 27 |
| Lot Size Area | 0.16 |
| Lot Size | 50X143 |
| Parking Display | No |
| Lot Description | Some Trees |
| PARKING/STORAGE | Driveway/Pad |
| EXTERIOR/WINDOWS | Brick Veneer,Other (See Remarks) |
| Misc. Exterior | Porch,Other (See REMARKS) |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 38106
Price
Taxes
Year Built
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