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1211 Canfield Ave, Memphis, TN 38127

$45,000
  • 1211 Canfield Ave, Memphis, TN 38127 Main Photo

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Active
BEDS3 BATHS1 full MLS#10218074
STATUSActive PROPERTY TYPEResidential - Single Family SUBDIVISIONFRAYSER MANOR NEIGHBORHOODFrayser-Whitney

Property Description

Home being sold AS IS and needs TLC/work. Seller will not connect utilities. Photos reflect the property's potential. This property has a projected monthly rent of $675 ($8,100 annually), an estimated cash-on-cash return of 13.91%, and an expected monthly cash flow of $205.79. "all investment figures are estimates and verified independently by buyer" Investor opportunity with strong potential! This 3BR/1BA home offers ~900 SF on a generous lot with a functional layout, bright living area, eat-in kitchen, and hard-surface flooring throughout. Recent updates include HVAC, heating unit, and water heater, helping reduce near-term expenses. The property appears well-maintained with solid structure and a spacious backyard, making it ideal for rental income, value-add improvements, or a long-term hold strategy. Financials available upon request. No wholesalers, assignments, or creative financing! PROFESSIONALLY MANAGED IN-HOUSE

1211 Canfield Ave | MLS# 10218074

This single family home located at 1211 Canfield Ave, Memphis, TN 38127 is currently listed for sale with an asking price of $45,000. This property was built in 1954 and has 3 bedrooms and 1 full baths. Canfield Ave is located in the FRAYSER MANOR subdivision. Search FRAYSER MANOR real estate on www.clhomes.com today.

Property Features

Property Type: Residential - Single Family
Cooling: Central
Heating: Central
Home Style: Traditional
Lot Size: 0.32 Acres
Year Built: 1954

Feature Descriptions

Bed and Bath: All Bedrooms Down
Days on Site: 83
Exterior: Porch
Floors/ Ceilings: Part Hardwood, Tile
Living/ Dining Room: Eat-In Kitchen
Lot: Level
Parking/ Storage: Driveway/Pad
Total Rooms: 5

Listed By / Shown By

Listed By

Agency Name: Foundation Property Management

Shown By

Agency Title: Crye-Leike Real Estate Services
Agency Phone: 866-253-4666

IDX logo

Source: MAAR MLS

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Estimated Payment

$ 113.28 per month $100.15 Principal & Interest $0.00 Property Tax (data not provided by mls) $13.13 Homeowner's Insurance

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