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+19018339734
Legendary Realty
196 Appleville Cv, Memphis, TN 38109
- $65,000
- 4
- BD
- 1.1
- BA
- Sold Price
- $65,000
- List Price
- $65,000
- Status
- CLOSED
- MLS#
- 10226741
- Closing Date
- Jul 31, 2026
- Bedrooms
- 4
- Bathrooms
- 1.1
- Lot Size
- 79X95
Property Description
This property is a prime candidate for a delayed BRRRR strategy. Acquire this asset at an aggressive price point and capitalize on the built-in equity. With a total project basis of $110,000 and an ARV of $155,000, this deal provides an estimated $45,000 in forced appreciation once the renovation is complete. Benefit from consistent, low-maintenance income while you finalize your renovation plans. This asset allows you to hold for cash flow today and pivot to a high-equity exit or refinance strategy in early 2027, right as we enter peak rental season.
Additional Information
- Acres
- 0.17
- Annual City Tax
- 746
- Annual County Tax
- 777
- Cooling
- Central
- Exterior
- Other (See REMARKS)
- Exterior Windows
- Brick Veneer
- Floors Ceilings
- Other (See REMARKS)
- Heating
- Central
- Legal Subdivision
- Smith-Turley Rev
- Living Dining Kitchen
- Separate Living Room
- Lot
- 423
- Lot Description
- Level
- Lot Size
- 79X95
- Neighborhood Amenities
- None
- Parking Storage
- Driveway/Pad
- Stories
- 1
- Style
- Traditional
- Subdivision
- SMITH & TURLEY
- Subtype
- Detached Single Family
- Year Built
- 1971
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Listing courtesy of Advantage Property Management. Selling Office: Advantage Property Management.
Some or all of the listings displayed may not belong to the firm whose website is being visited
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.