Property Attributes
- MLS#10215096
- TypeSingle Family
- Listing Status Active
- CountySHELBY
- CityMemphis
- AreaWhitehaven-Graceland
- NeighborhoodGRACELAND
- Zip38116
- StyleTraditional
- Year Built1964
- Taxes$ 2702
- Price$ 229,500
- Bedrooms4
- Full Bathrooms3
- Half Bathrooms0
- Sqr Footage2165
- Lot Size0.29 Acres
Data Source:
Memphis MLS (MAAR)
Property Description
Cash-flowing 2025 fully renovated property with government-backed income stream! This tenant-occupied home is currently rented at $1,839 per month, with most of the payment secured through the Section 8 program — a major strength for investors seeking consistent and predictable returns. Immediate income, established tenancy, and minimal downtime risk make this a smart portfolio addition. Opportunities like this don’t last long! Improvements include a new HVAC system, new gas water heater, new security doors, new roof, fully renovated kitchen, fully renovated bathrooms, and more!
| Price History | |
|---|---|
| 2/20/2026 | Listed $229,900 |
| 8/24/2026 | 1$229,500 |
General Features
| Heating | Central |
|---|---|
| Cooling | Central |
| Fireplaces | 1 |
| Status | Active |
| Full Baths | 3 |
| Legal Subdivision Name | HICKORY HILLS |
| Style | Traditional |
| Stories Count | 2 |
| County | Shelby |
| Class | Residential |
| Type | Detached Single Family |
| Condo | No |
| Area | 764B |
| Parcel Number | 078034 00015 |
| Status | Active |
| Annual City Tax | 1323 |
| Annual County Tax | 1379 |
| Sale/Rent | For Sale |
| Area | Whitehaven/Graceland |
| Service Type | Full Service Listing |
| Neighborhood Association | None |
| Year Built | 1964 |
| Directions | Head South on Graceland Drive from Winchester Road. Take your third left onto Hazelhedge Drive. The property will be on the left side of the road as you pass Briar Cove. |
| City | Memphis |
| DOM | 209 |
Interior Features
| Living Room | Separate Den |
|---|---|
| Beds | 4 |
| Total Baths | 3 |
| Number of Rooms | 8 |
| Downstairs Bedrooms | 2 |
| FLOORS/CEILINGS | Hardwood Throughout |
Exterior Features
| Pool | None |
|---|---|
| Lot | 149 |
| Lot Size Area | 0.29 |
| Lot Size | 85X150 |
| Parking Display | C2A |
| Lot Description | Some Trees |
| # Covered Parking Spaces | 2 |
| PARKING/STORAGE | Driveway/Pad |
| EXTERIOR/WINDOWS | Brick Veneer |
| Misc. Exterior | Porch,Patio |
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
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