This property is leased at $865 per month (10,380 annually) through 08/16/2026, with a cash-on-cash return of 6.51% and a monthly cash flow of $143.79. "All investment figures are estimates and verified independently by buyer." This 2-bedroom, 1-bath home features original hardwood floors, central heat and air, ceiling fans, window coverings, laundry hookups, and a functional kitchen with ample cabinet and counter space. The property has been updated and shows solid overall condition with a clean, well-kept interior and durable exterior construction. Built in 1950, it offers low-maintenance appeal and strong long-term rental potential. Conveniently located near schools, parks, shopping, and major commuter routes, making it an attractive option for a wide range of tenants and future occupants. Financials available upon request. No wholesalers, assignments, or creative financing! PROFESSIONALLY MANAGED IN-HOUSE Owner Financing Available
Listed By
Agency Name: Foundation Property Management
Shown By
Agency Title: Crye-Leike Real Estate Services
Agency Phone: 866-253-4666
Estimated Payment
$ 201.38 per month $178.05 Principal & Interest $0.00 Property Tax (data not provided by mls) $23.33 Homeowner's InsuranceCrye-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.
1428 Smythe Ave, Unit 58 | MLS# 10196660
This single family home located at 1428 Smythe Ave, Unit 58, Memphis, TN 38114 is currently listed for sale with an asking price of $80,000. This property was built in 1950 and has 2 bedrooms and 1 full baths. Smythe Ave, Unit 58 is located in the CHEROKEE subdivision. Search CHEROKEE real estate on www.clhomes.com today.