BEDS3
BATHS2 full
MLS#10225239
STATUSActive
PROPERTY TYPEResidential - Single Family
SUBDIVISIONGEORGIAN HILLS BLK E
NEIGHBORHOODFrayser - North
Property Description
ATTENTION INVESTORS! Tenant occupied property that would make an excellent addition to your rental portfolio. This 4 bedroom, 2 bathroom brick home is rented for $1,525/month to a Section 8 tenant with a lease secured until June 30, 2027. Tenant moved in July 1, 2025 and just renewed their lease for another 12 months. Roof, AC Condenser, Furnace replaced July 2020. Water heater replaced September 2022. Home was refreshed in 2025 and features new carpet, fresh paint, a spacious living room and bonus room that can serve as a 4th bedroom, covered parking and a spacious fenced-in backyard. Priced to sell near the desired 1% Rule. Seller is also selling 3962 Sloan St and 2919 Bede Rd (you can buy them individually or in bulk). Please do not disturb the tenant. Tenant ledger, lease and maintenance report are available upon request. No wholesalers, assignments or creative or owner financing.
Property Features
Property Type: Residential - Single Family
Cooling: Central
Heating: Central
Home Style: Traditional
Lot Size: 0.27 Acres
Year Built: 1957
Feature Descriptions
Bed and Bath: All Bedrooms Down
Days on Site: 44
Exterior: Patio
Floors/ Ceilings: Part Carpet
Living/ Dining Room: Eat-In Kitchen
Lot: Level
Parking/ Storage: Driveway/Pad
Total Rooms: 7
Room Sizes
Primary Bedroom: 10x10
Dining Area: 10x10
Den/ Great Room: 10x10
Living room: 10x10
Listed By / Shown By
Listed By
Agency Name: KAIZEN Realty, LLC
Agency Phone: 901-221-4041
Shown By
Agency Title: Crye-Leike Real Estate Services
Agency Phone: 866-253-4666
Source: MAAR MLS
Estimate Your Payment
Estimated Payment
$ 390.17 per month $344.96 Principal & Interest $0.00 Property Tax (data not provided by mls) $45.21 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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1864 Macaulay Ave | MLS# 10225239
This single family home located at 1864 Macaulay Ave, Memphis, TN 38127 is currently listed for sale with an asking price of $155,000. This property was built in 1957 and has 3 bedrooms and 2 full baths. Macaulay Ave is located in the GEORGIAN HILLS BLK E subdivision. Search GEORGIAN HILLS BLK E real estate on www.clhomes.com today.