1407 Semmes St Unit #21, Memphis, TN 38114
- $72,000
- 1
- BD
- 1
- BA
- List Price
- $72,000
- Status
- ACTIVE
- MLS#
- 10207301
- Bedrooms
- 1
- Bathrooms
- 1
Property Description
OWNER FINANCING AVAILABLE!! ATTENTION INVESTORS! This tenant-occupied rental offers an opportunity to add another income-producing property to your portfolio. This 1-bedroom, 1-bath single-family home is currently generating $650/ month in rental income, with the current lease running through 08/21/2028. An opportunity to purchase an income-producing property with a tenant already in place. Please do not disturb the tenant. No showings without an accepted offer. NO wholesale, assignment or creative financing offers will be accepted. Financials available upon request. Professionally Managed IN-HOUSE
Additional Information
- Acres
- 5.93
- Annual City Tax
- 226
- Annual County Tax
- 240
- Condo Association
- Yes
- Cooling
- Other (See REMARKS)
- Exterior
- Other (See REMARKS)
- Exterior Windows
- Other (See Remarks)
- Floors Ceilings
- Other (See REMARKS)
- Heating
- Other (See REMARKS)
- Legal Subdivision
- Cherry Park Condominiums
- Living Dining Kitchen
- Separate Living Room
- Lot
- UNIT 21
- Monthly Maintenance Fee
- 70
- Parking Storage
- Driveway/Pad
- Stories
- 1
- Style
- Traditional
- Subdivision
- CHEROKEE
- Subtype
- Detached Single Family
- Unit Number
- 21
- Year Built
- 1950
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Listing courtesy of Foundation Property Management.
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Copyright© 2026 Memphis Area Association of REALTORS®. The information provided is for the consumer's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties that the consumer may be interested in purchasing. Information deemed reliable, but is not guaranteed accurate. Some or all of the listings displayed may not belong to the firm whose web site is being visited.