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🔥 Memphis Value-Add Deal | Large Home + Strong ARV 🔥

Address: 6710 Kirby Trace Cove, Memphis, TN 38119

Property Overview

Spacious 3-bedroom, 2.5-bath single-family home offering 2,806 sq ft on a 0.27-acre lot in a desirable Memphis submarket. Built in 1987, this is a heavy value-add opportunity with strong upside for investors targeting larger homes and higher resale values.

The property is vacant, allowing immediate access and renovation.

Key Details

• 3 Beds / 2.5 Baths
• 2,806 Sq Ft
• 0.27 Acre Lot
• Built in 1987
• Vacant

Financials

• ARV: ~$400,000
• Estimated Repairs: ~$100,000
• Estimated Rent: ~$2,342/month

Investment Highlights

• Large square footage = strong resale potential
• Ideal for flip or high-end rental hold
• Located in a stable, desirable area of Memphis
• Strong rent potential post-renovation

Location Highlights

• Near Ridgeway schools (Elementary, Middle, High)
• ~7.5 miles to University of Memphis
• ~5 miles to Baptist Memorial Hospital
• Close to parks, retail, and amenities

Deal Potential
With the right renovation, this property offers a high-margin flip opportunity or a strong long-term rental in a proven Memphis rental corridor.

⚡ Larger homes with this kind of upside don’t come around often — submit your offer before it’s gone.

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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.

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