ATTENTION INVESTORS!! Income-producing rental with tenant in place. Currently leased at $950/month through 5/3/2027, delivering $950/month in cash flow and a 5.21% cash-on-cash return. Major improvements include a repaired and certified roof, new HVAC system, newer water heater (approx. 3 years), structural crawl space reinforcement, and completed masonry/exterior repairs. Additional updates include electrical improvements, smoke detectors, and post-inspection repairs. Property offers solid fundamentals with key systems addressed, making it a stable, low-maintenance addition to any rental portfolio with long-term upside. No wholesalers, assignments, or creative financing! DO NOT APPROACH OR DISTURB TENANTS, NO SHOWINGS WITHOUT AN ACCEPTED OFFER. Owner/Agent
Listed By
Agency Name: Foundation Property Management
Shown By
Agent Name: Jenny Burke Janda
Agent Phone: (901) 237-3557
Agency Title: Crye-Leike Real Estate Services
Estimated Payment
$ 326.99 per month $289.10 Principal & Interest $0.00 Property Tax (data not provided by mls) $37.89 Homeowner's Insurance
1492 N Trezevant St | MLS# 10196706
This single family home located at 1492 N Trezevant St, Memphis, TN 38108 is currently listed for sale with an asking price of $129,900. This property was built in 1920 and has 3 bedrooms and 2 full baths. N Trezevant St is located in the NORWOOD subdivision. Search NORWOOD real estate on jbj.crye-leike.com today.