BEDS2
BATHS1 full
MLS#10228607
STATUSActive
PROPERTY TYPEResidential - Single Family
SUBDIVISIONGOODLOE MARTIN BLK 3
NEIGHBORHOODCentral Gardens
Property Description
Make this your first rental or add this to your existing rental portfolio! This property would be perfect for a DSCR loan and it meets the 1% rule that most investors look for. The tenant pays $1000 per month (Section 8) - $796 is paid by MHA and $204 is paid by the tenant. Tenant has been in the property three years now and wants to stay. The lease was up 7/31/2026 and the tenant is now month to month. The home was updated a few years ago and the roof is 2 years old, furnace is 5 years old. This home is located minutes from LeMoyne Owen College, Stax Museum, Midtown and Downtown. Call for more information! No seller financing offers or wholesalers. (The interior pictures in MLS were taken before the tenant moved in)
Property Features
Property Type: Residential - Single Family
Cooling: Ceiling Fan(s), Window Unit(s)
Heating: Central
Home Style: Traditional
Lot Size: 0.17 Acres
Roof Type: Composition Shingles
Year Built: 1930
Feature Descriptions
Additional Rooms: Storage Room, Other (See Remarks)
Bed and Bath: All Bedrooms Down, Full Bath Down
Days on Site: 1
Exterior: Wrought Iron Security Drs, Porch, Patio
Exterior/ Windows: Brick Veneer, Other (See Remarks)
Fireplace: Decorative Only
Floors/ Ceilings: Part Hardwood, Tile, Other (See REMARKS)
Interior: Pull Down Attic Stairs, Attic Access, Cat/Dog Free House, Smoke Detector(s), Other (See REMARKS)
Interior Equipment: Range/Oven, Other (See REMARKS)
Living/ Dining Room: Separate Living Room, Separate Dining Room, Eat-In Kitchen, Washer/Dryer Connections, W/D Connection in Kitchen
Lot: Some Trees, Level
Master Bath: Tile Floor
Parking/ Storage: Driveway/Pad
Total Rooms: 5
Water/ Sewer: Gas Water Heater
Listed By / Shown By
Listed By
Agency Name: Fast Track Realty, LLC
Agency Phone: 901-767-8770
Shown By
Agency Title: Crye-Leike Real Estate Services
Agency Phone: 866-253-4666
Source: MAAR MLS
Estimate Your Payment
Estimated Payment
$ 188.79 per month $166.92 Principal & Interest $0.00 Property Tax (data not provided by mls) $21.88 Homeowner's InsuranceChange Payment Information
Crye-Leike is a full-service real estate company founded in Memphis in 1977. Today it is ranked #4 in the nation and the largest real estate company serving markets in Tennessee, Arkansas, Georgia, Mississippi. Crye-Leike has a network of more than 2,800+ licensed sales associates, 600+ staff members and over 130+ branch and franchise offices located throughout a seven state region of Alabama, Arkansas, Florida, Georgia, Kentucky, Mississippi, and Tennessee. Crye-Leike also has a franchise location in Puerto Rico.
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1184 Saxon Ave | MLS# 10228607
This single family home located at 1184 Saxon Ave, Memphis, TN 38106 is currently listed for sale with an asking price of $75,000. This property was built in 1930 and has 2 bedrooms and 1 full baths. Saxon Ave is located in the GOODLOE MARTIN BLK 3 subdivision. Search GOODLOE MARTIN BLK 3 real estate on www.clhomes.com today.