Address
575 E Dison Ave, Memphis, TN
Price
$ 129,400
Property Attributes
  • MLS#10224447
  • TypeSingle Family
  • Listing Status Active
  • CountySHELBY
  • CityMemphis
  • AreaSouth Memphis-61 Hwy
  • NeighborhoodLONGVIEW HEIGHTS 5TH ADD
  • Zip38106
  • StyleTraditional
  • Year Built1955
  • Taxes$ 1317
  • Price$ 129,400
  • Bedrooms4
  • Full Bathrooms1
  • Half Bathrooms0
  • Sqr Footage2040
  • Lot Size0.17 Acres
Data Source:
Memphis MLS (MAAR)
Property Description

Rare investment opportunity in Memphis! This spacious 5-bedroom, 1-bath brick home is a cash-flowing rental property with a long-term tenant currently paying $1,650/month. Ideal for investors looking to add a stabilized income-producing asset to their portfolio. Features include hardwood flooring, updated interior paint, large living spaces, separate dining area, generous natural light, and a functional kitchen layout. The property offers strong rental appeal with its size and layout, making it attractive for continued long-term occupancy. Conveniently located near major roads, Downtown Memphis, shopping, schools, and employment areas. Do not disturb tenant. Property is being marketed as an investment property only. Immediate income from day one.

Price History
6/20/2026 Listed $129,400

General Features

Heating Gas
Cooling Central
Status Active
Full Baths 1
Legal Subdivision Name LONGVIEW HEIGHTS 5TH ADDITION
Style Traditional
Stories Count 1
County Shelby
Class Residential
Type Detached Single Family
Condo No
Area 747D
Parcel Number 049036 00002
Status Active
Annual City Tax 645
Annual County Tax 672
Sale/Rent For Sale
Area South Memphis/61 Hwy
Service Type Full Service Listing
Neighborhood Association None
Year Built 1955
Directions From I-240 take Exit 24 toward Lamar Ave. Turn north on Mississippi Blvd,then east on E Dison Ave. Property located on the left at 575 E Dison Ave.
City Memphis
DOM 89

Interior Features

Dining Room #
Living Room Eat-In Kitchen
Living Room Dimensions #
Beds 4
Total Baths 1
Number of Rooms 9
Downstairs Bedrooms 5
FLOORS/CEILINGS Part Hardwood,Tile,Smooth Ceiling,Sprayed Ceiling,Textured Ceiling

Exterior Features

Pool None
Lot 9
Lot Size Area 0.17
Lot Size 60X178
Parking Display N0
Lot Description Some Trees
PARKING/STORAGE Driveway/Pad
EXTERIOR/WINDOWS Aluminum/Steel Siding
Misc. Exterior Storage Building

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
AVG $100K
$130K
Taxes
AVG $869
$1,317
Year Built
AVG 1950
1955
Visits
AVG 77
104
Data Provided by Inside Real Estate®