4355 MELWOOD ST, Memphis, TN 38109
4355 MELWOOD ST, Memphis, TN 38109
4355 MELWOOD ST, Memphis, TN 38109
10
$80,000
$82,500
3.0%
Est.Price: ?

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3 BD
1 BA
6,534 Sqft Lot

4355 MELWOOD ST Memphis, TN 38109

Est. payment /mo
SOLD DATE : 06/23/2026

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Erika Alexandria Davis

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Key Details

Sold Price $80,000

Property Type Single Family Home

Sub Type Detached Single Family

Listing Status Sold

Purchase Type For Sale

Subdivision Chickasaw Village 2Nd Addn

MLS Listing ID 10216933

Sold Date 06/23/26

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

This property is leased at $995 per month ($11,940 annually) through 03/02/2028, with a cash-on-cash return of 12.87% and a monthly cash flow of $290.91. "All investment figures are estimates and verified independently by buyer." Turnkey investment opportunity featuring a well-maintained brick home designed for dependable, long-term performance. The property offers hard-surface flooring throughout, a bright living area, an updated kitchen with shaker-style cabinetry, central heat and air, and a spacious fenced backyard that enhances resident appeal. Recent improvements and durable finishes help minimize future turn costs, while the functional floor plan supports strong rental demand. With solid curb appeal and a clean, well-kept condition, this is an excellent addition to any portfolio seeking stability, efficiency, and consistent cash-flow potential. Financials available upon request. No wholesalers, assignments, or creative financing! PROFESSIONALLY MANAGED IN-HOUSE

Location

State TN

County Shelby

Area Coro Lake

Rooms

Master Bedroom 14x17

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

Acceptable Financing Conventional

Listing Terms Conventional

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Listed by James C Wachob • Foundation Property Management
Bought with Dean Harris • CrestCore Realty MphsBrokerage

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Erika Alexandria Davis

Erika Alexandria Davis

Agent | License ID: 372118

+1(901) 488-1776

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