Residential in Memphis

$105,000

923 GARLAND, 38107, Memphis, TN

UNDER OFFER

Residential for sale in Memphis, 923 GARLAND, 38107, 1706 m²

923 GARLAND, 38107, Memphis, TN

$105,000

3Bed
1Bath
1706
Type: Residential

Description

Price Improvement! Investor opportunity with tenant already in place! This well-maintained, professionally managed 3BD/1BA single-family home is generating $1, 050/month with a lease secured through 12/31/2026 — immediate cash flow from day one with no vacancy risk. Located in the Historic Vollintine Evergreen neighborhood, this solid home has been consistently cared for without the need for major capital investment upfront. Value-add potential through cosmetic updates or rent optimization at lease renewal. Conveniently located near I-240, Downtown Memphis, and Midtown amenities, keeping demand strong from Memphis's steady renter pool. Do not disturb tenant. Showings by appointment only with accepted offer and proof of funds. Sold AS-IS. Buyer to verify all information. Photos reflect pre-tenancy condition. Property is currently tenant-occupied.

Location

923 GARLAND, 38107, Memphis, TN

Data

Object TypeResidential
Purchase Price$105,000
Living Space1706 m²
Plot Size566.56 m²
Bathrooms1
Construction Year1926
ConditionNot specified
Rooms6

Energy Information

Heating TypeCentral
Primary Energy SourceN/A
Construction Year1926
Energy CertificateN/A
Final Energy DemandN/A
Certificate Valid UntilN/A
Energy Efficiency ClassN/A

Contact Agent

Listing Agent