13
See all 13 photos
$105,000
Est. payment /mo
3 Beds
1 Bath
6,098 Sqft Lot
Price Dropped by $4K
923 GARLAND ST Memphis, TN 38107
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Key Details
Property Type Single Family Home
Sub Type Detached Single Family
Listing Status Active
Purchase Type For Sale
Subdivision Stonewall
MLS Listing ID 10224242
Style Traditional
Bedrooms 3
Full Baths 1
Year Built 1926
Annual Tax Amount $1,950
Lot Size 6,098 Sqft
Property Sub-Type Detached Single Family
Property 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
State TN
County Shelby
Area Overton Park
Rooms
Master Bedroom 0x0
Dining Room 0x0
Kitchen Separate Living Room
Interior
Heating Central
Cooling Central
Flooring Part Hardwood, Tile
Fireplaces Number 1
Fireplaces Type Decorative Only, In Living Room, Masonry
Exterior
Exterior Feature Brick Veneer
Parking Features Driveway/Pad
Garage Spaces 1.0
Pool None
Private Pool Yes
Building
Lot Description Level, Some Trees
Story 1
Others
Miscellaneous Porch
Listed by Aaron Ivey • eXp Realty
NEARBY SCHOOL & BUSINESS
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