On Market

222 T.M. Henderson Ave

Memphis, TN 38107, USA

List price

$124,900

4

beds

1

baths

1,282

sq ft

Single family

listing, photo 1
1 / 8
Thumbnail 1
Thumbnail 2
Thumbnail 3
Thumbnail 4
Thumbnail 5
Thumbnail 6
Thumbnail 7
Thumbnail 8

Photos of the property

Explore the location

ยท from aerial to streetside.

Click to explore Street View
Scroll past freely โ€” Street View won't take over until you activate it.

Story

I have a fully renovated, turnkey investment property available for sale in Memphis, located at 222 TM Henderson Ave, Memphis, TN 38107. The property is currently rented to a Section 8 tenant, offering immediate cash flow with no renovation or tenant sourcing required. Property Details: - Asking Price: $129,000 - Specs: 4 Bedrooms | 2 Bathrooms | 1,282 Sq Ft - Section 8 Rent: $1,300/month - Annual Gross Rent: $15,600 To sweeten the deal, I am offering the buyer: - 2% toward closing costs - One year of free property management fees with the company of their choice - A one-year guarantee on completed repairs

Property details

19 details the seller has shared

19 fields

Property

ยท The bones โ€” what the buyer sees first

Bedrooms

4

Full baths

1

Finished sq ft

1,282 sq ft

Above-grade sq ft

1,282 sq ft

Stories

1

Property type

Single family

Occupancy

Tenant-occupied

Condition (1โ€“5)

5

County

Shelby

Financials

ยท What it earns and what it costs to hold

Monthly rent

$1,300 /mo

Annual property tax

$724 /yr

Annual insurance

$850 /yr

Monthly HOA fee

$9 /mo

Cash-on-cash return

10%

Features

ยท Comfort, climate, and curb appeal

Heating

Heat Pump

Cooling

Central AC

Parking

Driveway

Foundation

Crawlspace

History & terms

ยท Past sales, updates, and deal mechanics

Reason for sale

Other

OfferMarket Loans

Check your rate

60 seconds ยท no credit pull

Check my rate