433 DIXIE RD, Memphis, TN 38109
433 DIXIE RD, Memphis, TN 38109
433 DIXIE RD, Memphis, TN 38109
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$119,000
Est. payment /mo
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2 Beds
1 Bath
999 SqFt
Active

433 DIXIE RD Memphis, TN 38109

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Erika Alexandria Davis

Erika Alexandria Davis

+1(901) 488-1776

UPDATED:

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 $119

Subdivision Alta Heights 1St

MLS Listing ID 10203698

Style Traditional

Bedrooms 2

Full Baths 1

Year Built 1963

Annual Tax Amount $528

Lot Size 9,147 Sqft

Property Sub-Type Detached Single Family

Property Description

This property is leased at $900 per month through 02/25/2028, with a cash-on-cash return of 5.32% and a monthly cash flow of $160.69. Fully renovated rental opportunity designed for long-term durability and low maintenance. Major upgrades include a new roof with 30-year architectural shingles, updated HVAC system with new condenser, luxury vinyl plank flooring throughout, and a fully refreshed kitchen with new countertops and cabinet finishes. Additional improvements feature updated electrical components, modern lighting, renovated bathroom fixtures, and fresh interior/exterior paint. Exterior enhancements and landscaping cleanup complete this turnkey asset, ready for immediate income potential. Financials available upon request. No wholesalers, assignments, or creative financing! PROFESSIONALLY MANAGED IN-HOUSE Owner/Agent

Location

State TN

County Shelby

Area Mitchell/Westwood

Rooms

Master Bedroom 0x0

Dining Room 0x0

Kitchen Other (See Remarks), Washer/Dryer Connections

Interior

Heating Central

Cooling Central

Flooring Marble/Terrazzo, Other (See REMARKS), Vinyl/Luxury Vinyl Floor

Exterior

Exterior Feature Other (See Remarks), Vinyl Siding, Wood Window(s)

Parking Features Driveway/Pad, Other (See REMARKS)

Pool None

Private Pool Yes

Building

Lot Description Level

Story 1

Others

Miscellaneous Porch,Other (See REMARKS)

Listed by James C Wachob • Foundation Property Management

NEARBY SCHOOL & BUSINESS

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Erika Alexandria Davis

Erika Alexandria Davis

Agent | License ID: 372118

+1(901) 488-1776

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433 DIXIE RD