1184 SAXON AVE, Memphis, TN 38106
1184 SAXON AVE, Memphis, TN 38106
1184 SAXON AVE, Memphis, TN 38106
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$75,000
Est. payment /mo
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2 Beds
1 Bath
7,405 Sqft Lot
New

1184 SAXON AVE Memphis, TN 38106

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Erika Alexandria Davis

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Key Details

Property Type Single Family Home

Sub Type Detached Single Family

Listing Status Active

Purchase Type For Sale

Subdivision Goodloe & Martin Blk 3

MLS Listing ID 10228607

Style Traditional

Bedrooms 2

Full Baths 1

Year Built 1930

Annual Tax Amount $950

Lot Size 7,405 Sqft

Property Sub-Type Detached Single Family

Property Description

Make this your first rental or add this to your existing rental portfolio! This property would be perfect for a DSCR loan and it meets the 1% rule that most investors look for. The tenant pays $1000 per month (Section 8) - $796 is paid by MHA and $204 is paid by the tenant. Tenant has been in the property three years now and wants to stay. The lease was up 7/31/2026 and the tenant is now month to month. The home was updated a few years ago and the roof is 2 years old, furnace is 5 years old. This home is located minutes from LeMoyne Owen College, Stax Museum, Midtown and Downtown. Call for more information! No seller financing offers or wholesalers. (The interior pictures in MLS were taken before the tenant moved in)

Location

State TN

County Shelby

Area Central Gardens

Rooms

Other Rooms Storage Room, Other (See Remarks)

Master Bedroom 0x0

Bedroom 2 Hardwood Floor, Level 1, Shared Bath

Dining Room 0x0

Kitchen Separate Living Room, Separate Dining Room, Eat-In Kitchen, Washer/Dryer Connections, W/D Connection in Kitchen

Interior

Interior Features Pull Down Attic Stairs, Attic Access, Cat/Dog Free House, Smoke Detector(s), Other (See REMARKS)

Heating Central

Cooling Ceiling Fan(s), Window Unit(s)

Flooring Part Hardwood, Tile, Other (See REMARKS)

Fireplaces Type Decorative Only

Equipment Range/Oven, Other (See REMARKS)

Exterior

Exterior Feature Brick Veneer, Other (See Remarks)

Parking Features Driveway/Pad

Pool None

Roof Type Composition Shingles

Private Pool Yes

Building

Lot Description Some Trees, Level

Story 1

Foundation Conventional

Water Gas Water Heater

Others

Miscellaneous Wrought Iron Security Drs,Porch,Patio


Listed by Verna R Littleton • Fast Track Realty, LLC

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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1184 SAXON AVE