Property Attributes
- MLS#10227842
- TypeSingle Family
- Listing Status Active
- CountySHELBY
- CityMemphis
- AreaKingsbury
- NeighborhoodEASTLAWN TERRACE
- Zip38122
- StyleTraditional
- Year Built1948
- Taxes$ 1135
- Price$ 107,000
- Bedrooms2
- Full Bathrooms1
- Half Bathrooms0
- Sqr Footage921
- Lot Size0.22 Acres
Data Source:
Memphis MLS (MAAR)
Property Description
Price Reduction! Add an income-producing property to your Memphis rental portfolio with this tenant-occupied 2BR/1BA home, currently leased for $950 per month. Recent capital improvements include a brand-new roof installed in July 2026 and a new AC condenser and all new ductwork, helping reduce near-term maintenance concerns. With a tenant already in place, this property offers immediate rental income and a streamlined transition for its next owner. Property is being sold subject to tenant rights. Showings require proper notice and coordination—do not approach the property or disturb the tenant. Please submit offers contingent upon inspection.
| Price History | |
|---|---|
| 8/6/2026 | Listed $112,935 |
| 9/1/2026 | 4$109,000 |
| 9/14/2026 | 2$107,000 |
General Features
| Heating | Central |
|---|---|
| Cooling | Central |
| Status | Active |
| Full Baths | 1 |
| Legal Subdivision Name | EASTLAWN TERRACE |
| Style | Traditional |
| Stories Count | 1 |
| County | Shelby |
| Class | Residential |
| Type | Detached Single Family |
| Condo | No |
| Area | 752E |
| Parcel Number | 038079 00017 |
| Status | Active |
| Annual City Tax | 556 |
| Annual County Tax | 579 |
| Sale/Rent | For Sale |
| Area | Kingsbury |
| Service Type | Full Service Listing |
| Neighborhood Association | None |
| Year Built | 1948 |
| Directions | From North Pkwy.,left on Isabelle St.,left on Faxon Ave.,home is on the left |
| City | Memphis |
| DOM | 42 |
Interior Features
| Dining Room | 9x9 |
|---|---|
| Living Room | Separate Living Room,Separate Dining Room |
| Kitchen Dimensions | 14x9 |
| Living Room Dimensions | 15x12 |
| Bedroom 2 Dimensions | 13x10 |
| Beds | 2 |
| Total Baths | 1 |
| Number of Rooms | 5 |
| FLOORS/CEILINGS | Part Hardwood,Tile |
Exterior Features
| Pool | None |
|---|---|
| Lot | 33 |
| Lot Size Area | 0.22 |
| Water & Sewer | Public Sewer,Public Water |
| Lot Size | 50X200 |
| Parking Display | No |
| Lot Description | Some Trees |
| PARKING/STORAGE | Driveway/Pad |
| EXTERIOR/WINDOWS | Brick Veneer,Wood/Composition |
| Misc. Exterior | Wrought Iron Security Drs |
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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