Address
2492 Lisa Ave, Memphis, TN
Price
$ 120,000
Property Attributes
  • MLS#10230848
  • TypeSingle Family
  • Listing Status Active
  • CountySHELBY
  • CityMemphis
  • AreaFrayser - North
  • NeighborhoodST ELMO 6TH ADD
  • Zip38127
  • StyleTraditional
  • Year Built1972
  • Taxes$ 1410
  • Price$ 120,000
  • Bedrooms3
  • Full Bathrooms1
  • Half Bathrooms0
  • Sqr Footage1018
  • Lot Size0.17 Acres
Data Source:
Memphis MLS (MAAR)
Property Description

ATTENTION INVESTORS! This tenant-occupied rental offers an opportunity to add another income-producing property to your portfolio. This 3-bedroom, 1-bath single-family home is currently generating $1,165/ month in rental income, with the current lease running through 04/13/2027. An opportunity to purchase an income-producing property with a tenant already in place. Please do not disturb the tenant. No showings without an accepted offer. NO wholesale, assignment, or creative financing offers will be accepted. Financials available upon request. Professionally Managed IN-HOUSE

Price History
9/21/2026 Listed $120,000

General Features

Heating Central
Cooling Central
Status Active
Full Baths 1
Legal Subdivision Name ST ELMO 6TH ADDN SEC D
Style Traditional
Stories Count 1
County Shelby
Class Residential
Type Detached Single Family
Condo No
Area 725D
Parcel Number 071048 E00049
Status Active
Annual City Tax 690
Annual County Tax 720
Sale/Rent For Sale
Area Frayser - North
Service Type Full Service Listing
Neighborhood Association None
Year Built 1972
Directions From Hawkins Mill Rd,head South on Mountain Terrace St,East on to Lisa Ave; property on left.
City Memphis

Interior Features

Living Room Great Room,Vinyl/Luxury Vinyl Floor
Beds 3
Total Baths 1
Number of Rooms 6
FLOORS/CEILINGS Vinyl/Luxury Vinyl Floor

Exterior Features

Pool None
Lot 15
Lot Size Area 0.17
Lot Size 60X125
Parking Display C1A
Lot Description Level
# Covered Parking Spaces 1
PARKING/STORAGE Driveway/Pad
EXTERIOR/WINDOWS Brick Veneer
Misc. Exterior Porch

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
$1,410
Year Built
AVG 1963
1972