This property is no longer for sale.
New properties are listed every day. Browse what is available now.
Off-Market
Memphis, TN 381273092 Rainier Dr
Memphis, TN 38127, USA
List price
$125,000
$•••,•••
Single family house
Sign in or sign up for OfferMarket
Access this listing and message the seller directly
Log in or create a free account to browse listings.
or continue with
Need help? hello@offermarket.us
Photos of the property
Explore the location
· from aerial to streetside.
Story
APPROVED FOR FUNDING FROM OFFERMARKET CAPITAL - GET INSTANT LOAN QUOTE AND PRE APPROVAL
🔥 Memphis Cash-Flow Opportunity – 3092 Rainier Dr, Memphis, TN 38127
🛏️ Beds/Baths: 4 Beds | 2 Baths
📐 SqFt: 1,743
📅 Year Built: 1960
🏠 Tenant: 2-year tenant paying $1,070/month (staying)
This 4-bedroom rental in a high-demand Memphis pocket is a strong candidate for either a Fix & Flip or Buy & Hold strategy. With nearly 1,800 sq ft of living space, stable rental income, and plenty of value-add potential, this property is priced to move quickly.
Whether you improve it and push rents or update it for a clean retail flip, this house offers multiple profitable exit strategies in one of Memphis’ strongest rental zones.
💰 Investor Terms:
-
Cash or hard money only
-
Sight-unseen offers prioritized
-
Must close with seller’s title company
-
Buyer pays all closing costs
-
Deal not final until EMD received
-
Zero-day inspection period (inspections before contract)
🚀 Why This Deal Works:
-
Strong-paying tenant in place
-
Large 4BR layout = higher rent potential
-
Value-add cosmetic upside
-
Hot rental area in North Memphis
-
Perfect for BRRRR, rental portfolio expansion, or flip
🔥 Priced to sell — move fast before this one’s gone!
Need Financing
⚠️ OfferMarket listings are third-party listings. For your safety, please use the "Talk to Seller" feature built into each listing. This allows our team to review communications and helps prevent scams on the platform.
Resources:
- Run the numbers with rehab costs using our Cash Offer Calculator.
- Run this scenario through our DSCR Calculator.
- Run this scenario through our Fix and Flip Calculator.
Ready to invest? OfferMarket is a real estate investing platform featuring off-market deals, private lending, investment property insurance. Get instant loan quote and pre-approval for this listing. Start exploring deals now!
Property details
2 property details
Property
· The bones — what the buyer sees first
Property type
Single family house
History & terms
· Past sales, updates, and deal mechanics
Reason for sale
Other
Finance & protect this property
Finance the deal
Get an instant loan quote
See what financing this purchase could look like.
No credit pull
Rate in about 60 seconds
Estimate insurance
Get an instant insurance estimate
Save up to
~$200/yr
Get a quick coverage estimate for this property.
No obligation
Covers this property
