Price Reduction - Primary on Main
Address
223 Charter Ave, Memphis, TN
Price
$ 116,900
Property Attributes
  • MLS#10225371
  • TypeSingle Family
  • Listing Status Active
  • CountySHELBY
  • CityMemphis
  • AreaWhitehaven-Geeter Park
  • NeighborhoodACKLENA LAND CO
  • Zip38109
  • StyleTraditional
  • Year Built1960
  • Taxes$ 821
  • Price$ 116,900
  • Bedrooms3
  • Full Bathrooms1
  • Half Bathrooms0
  • Sqr Footage1147
  • Lot Size0.19 Acres
Data Source:
Memphis MLS (MAAR)
Property Description

Don’t miss this newly renovated (2023), income-producing property featuring 3 bedrooms and 1 bathroom. Currently tenant-occupied at $1,000 per month, with the lease in place through November 30, 2026, providing immediate cash flow for investors. But this property isn’t just for investors! It could also be a great opportunity for a first-time homebuyer looking for an affordable home with the potential to build equity and create long-term wealth. Conveniently located within walking distance of public transportation, grocery stores, and nearby schools, including Geeter K-8 School and Fairley High School. Whether you’re looking to add to your investment portfolio or purchase your first home, this property is worth a closer look! ?? Please do not disturb the tenants. No showings will be permitted until an acceptable offer has been received and accepted by the seller.

Price History
7/3/2026 Listed $119,000
7/20/2026 1$118,500
8/18/2026 1$117,900
9/15/2026 1$116,900

General Features

Heating Central
Cooling Ceiling Fan(s),Central
Roof Other (See REMARKS)
Status Active
Full Baths 1
Other Rooms Other (See Remarks)
Legal Subdivision Name ACKLENA LAND COMPANY
Style Traditional
Stories Count 1
County Shelby
Class Residential
Type Detached Single Family
Condo No
Area 766A
Parcel Number 075209 00003
Status Active
Annual City Tax 402
Annual County Tax 419
Sale/Rent For Sale
Area Whitehaven/Geeter Park
Service Type Full Service Listing
Neighborhood Association None
Year Built 1960
Directions Take exit 25A toward Jackson Miss onto I-55 S/I-240 S. Continue on I-55 S. Take exit 2B toward Shelby Dr/Whitehaven onto TN-175 W (E Shelby Dr). Turn left onto Horn Lake Road. Turn right onto Charter
City Memphis
DOM 77

Interior Features

Living Room Eat-In Kitchen,Great Room,Other (See Remarks),Updated/Renovated Kitchen,W/D Connection in Kitchen,Washer/Dryer Connections
Beds 3
Total Baths 1
Number of Rooms 5
Downstairs Bedrooms 3
MISC. INTERIOR All Window Treatments
FLOORS/CEILINGS Tile,Vinyl/Luxury Vinyl Floor
INTERIOR EQUIPMENT Cable Available,Other (See REMARKS)
BEDROOM 3 DESCRIPTION Level 1,Vinyl/Luxury Vinyl Floor
BEDROOM 2 DESCRIPTION Level 1,Vinyl/Luxury Vinyl Floor

Exterior Features

Foundation Other (See Remarks)
Pool None
Lot 12
Lot Size Area 0.19
Water & Sewer Public Sewer,Public Water
Lot Size 50X170
Parking Display N0
Lot Description Chain Fenced,Some Trees
PARKING/STORAGE Driveway/Pad
EXTERIOR/WINDOWS Brick Veneer
Misc. Exterior Wrought Iron Security Drs,Porch,Chain Fence,Storage,Sidewalks

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 38109

Price
AVG $110K
$120K
Taxes
AVG $1,227
$821
Year Built
AVG 1963
1960
Visits
AVG 80
56
Data Provided by Inside Real Estate®