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Address
821 Carol Ann Cv, Memphis, TN
Price
$ 119,900
Property Attributes
  • MLS#10230767
  • TypeSingle Family
  • Listing Status Active
  • CountySHELBY
  • CityMemphis
  • AreaNorthaven
  • NeighborhoodNORTHAVEN
  • Zip38127
  • StyleTraditional
  • Year Built1972
  • Taxes$ 543
  • Price$ 119,900
  • Bedrooms3
  • Full Bathrooms1
  • Half Bathrooms0
  • Sqr Footage959
  • Lot Size0.16 Acres
Data Source:
Memphis MLS (MAAR)
Property Description

call 9018319661 to view Cash-flowing investment property with a tenant already in place at $995/month on a lease through 3/31/2028 — no vacancy, no turnover costs, income from day one. Fully renovated in 2026 with all the big-ticket items already handled: Roof — less than one year old HVAC — brand new Water heater — brand new This is the kind of property that lets an investor skip the capex headaches for years. The major systems are done, the tenant is secured, and the lease runs well into 2028. Part of a 6-Property Portfolio The seller is divesting his entire Memphis portfolio. 821 Carol Ann can be purchased individually or bundled with the rest of the package: 3133/5 Nathan Ave — 38112 1624 Mary Dr — 38111 4498 Suncrest — 38127 821 Carol Ann — 38127 2933 N Radford — 38114 3239 Nathan Ave — 38112 Ideal for an investor looking to scale quickly with stabilized, renovated assets across established Memphis rental submarkets. Buy one, buy several, or take the whole package.

Price History
9/20/2026 Listed $119,900

General Features

Heating Central
Cooling Central
Status Active
Full Baths 1
Legal Subdivision Name NORTHAVEN
Style Traditional
Stories Count 1
County Shelby
Class Residential
Type Detached Single Family
Condo No
Area 722A
Parcel Number D0134 D00075
Status Active
Annual County Tax 543
Sale/Rent For Sale
Area Northaven
Service Type Full Service Listing
Neighborhood Association None
Year Built 1972
Directions N Watkins St (TN-388) north to Northaven Dr,west on Northaven Dr,right on Mike Dr,right on Carol Ann Cove.
City Memphis
DOM 1

Interior Features

Dining Room n/a
Living Room Updated/Renovated Kitchen
Living Room Dimensions n/a
Beds 3
Total Baths 1
Number of Rooms 5
FLOORS/CEILINGS Wood Laminate Floors

Exterior Features

Pool None
Lot 132
Lot Size Area 0.16
Lot Size 60X120
Parking Display C1A
Lot Description Some Trees
# Covered Parking Spaces 1
PARKING/STORAGE Driveway/Pad
EXTERIOR/WINDOWS Brick Veneer
Misc. Exterior Storage

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 38127

Price
AVG $110K
$120K
Taxes
AVG $1,046
$543
Year Built
AVG 1963
1972