1372 South Ave, Memphis, TN 38106

$65,000
2
BD
1
BA

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Sold Price
$65,000
List Price
$85,000
Status
CLOSED
MLS#
10202483
Closing Date
Dec 16, 2025
Bedrooms
2
Bathrooms
1
Lot Size
50X109
Approx. Heated SqFt
600-799

Property Description

Attention Investors! Turnkey Rental Property with Long-Term Tenant Excellent opportunity to add a professionally managed, income-producing property to your rental portfolio. Currently leased at $750/month to a long-term tenant in place since 2022. Lease valid through April 30, 2026. Fully renovated in 2022, including new roof, HVAC, water heater, updated plumbing and electrical systems, and refreshed interior finishes. All major systems have been addressed, offering low maintenance and steady cash flow from day one. Tenant ledger and maintenance history available upon request. Please do not disturb the tenant.

Additional Information

Acres
0.12
Annual City Tax
360
Annual County Tax
382
Cooling
Central
Exterior
Patio
Exterior Windows
Other (See Remarks)
Floors Ceilings
Part Carpet
Heating
Central
Legal Subdivision
West Dixie Heights Blk 3
Living Dining Kitchen
Eat-In Kitchen
Lot
56 & 57
Lot Description
Level
Lot Size
50X109
Neighborhood Amenities
None
Parking Storage
Driveway/Pad
Stories
1
Style
Traditional
Subdivision
DIXIE HEIGHTS (WEST) BLK 3
Subtype
Detached Single Family
Year Built
1952

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Listing courtesy of KAIZEN Realty, LLC. Selling Office: KAIZEN Realty, LLC.

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