8
See all 8 photos
$45,000
Est. payment /mo
3 BD
1 BA
999 SqFt
New
159 MAJUBA AVE Memphis, TN 38109
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UPDATED:
01/08/2025 10:23 PM
Key Details
Property Type Single Family Home
Sub Type Detached Single Family
Listing Status Active
Purchase Type For Sale
Approx. Sqft 800-999
Square Footage 999 sqft
Price per Sqft $45
Subdivision Spion Kop Blk 11
MLS Listing ID 10187754
Style Traditional
Bedrooms 3
Full Baths 1
Year Built 1910
Annual Tax Amount $378
Lot Size 4,791 Sqft
Property Description
Affordable investment opportunity with great potential! This 3-bedroom, 1-bathroom home is currently rented at $900/month with a lease in place until May. The property features a covered front porch, new windows, and a shed for additional storage. Conveniently located just around the corner from Kansas Park and next block to Riverview Elementary School (K-8), the home also offers easy access to I-55, the Mississippi River, and West Memphis, Arkansas. Plus, it's just a short drive to downtown Memphis, making it perfect for tenants seeking accessibility to local amenities. Situated on a street with sidewalks and streetlights, the home is surrounded by vacant lots, providing privacy with no immediate neighbors—perfect until new development begins. Equipped with central heating (no AC) and in basic rental condition, this property offers steady cash flow and room for future value growth. Drive-by inspections only at this time. Don't miss this excellent investment opportunity!
Location
State TN
County Shelby
Area South Memphis/61 Hwy
Rooms
Master Bedroom 1x1
Dining Room 1x1
Kitchen Separate Dining Room
Interior
Heating Central
Cooling Ceiling Fan(s), Window Unit(s)
Flooring Part Hardwood
Exterior
Exterior Feature Vinyl Siding
Parking Features Other (See REMARKS)
Garage Spaces 1.0
Pool None
Building
Lot Description Some Trees
Story 1
Others
Miscellaneous Wrought Iron Security Drs,Storage Building,Porch
Listed by Glenn L McDonald • Integrated Assets