See all 8 photos
$82,500
Est. payment /mo
3 Beds
1 Bath
6,534 Sqft Lot
Price Dropped by $7K
4355 MELWOOD ST Memphis, TN 38109
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Key Details
Property Type Single Family Home
Sub Type Detached Single Family
Listing Status Active
Purchase Type For Sale
Subdivision Chickasaw Village 2Nd Addn
MLS Listing ID 10216933
Style Traditional
Bedrooms 3
Full Baths 1
Year Built 1952
Annual Tax Amount $962
Lot Size 6,534 Sqft
Property Sub-Type Detached Single Family
Property Description
Welcome to 4355 Melwood Street Memphis, TN 38109! This 3-bedroom, 1-bath home offers immediate income potential for investors looking to expand their portfolio. The property features hard surface flooring throughout and a bright, spacious living area that attracts long-term tenants. The modern kitchen includes large shaker-style cabinets, along with a range and vent-a-hood. Additional highlights include central heat and air for year-round comfort and a large fenced backyard. With a tenant already in place, this property provides a seamless, income-producing asset from day one. Great opportunity for both seasoned and first-time investors seeking steady cash flow. TENANTED PROPERTY: DO NOT APPROACH OR DISTURB TENANTS, NO SHOWINGS WITHOUT AN ACCEPTED OFFER. Leased through 3/2/2028 at $995/month.
Location
State TN
County Shelby
Area Coro Lake
Rooms
Master Bedroom 0x0
Dining Room 0x0
Kitchen Separate Dining Room, Separate Living Room
Interior
Heating Central
Cooling Central
Flooring Hardwood Throughout
Exterior
Exterior Feature Other (See Remarks)
Parking Features Driveway/Pad
Pool None
Private Pool Yes
Building
Lot Description Level
Story 1
Others
Miscellaneous Porch
Listed by James C Wachob • Foundation Property Management
NEARBY SCHOOL & BUSINESS
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