1184 Saxon Ave, Memphis, TN 38106
- $75,000
- 2
- BD
- 1
- BA
- List Price
- $75,000
- Status
- ACTIVE
- MLS#
- 10228607
- Bedrooms
- 2
- Bathrooms
- 1
- Lot Size
- 50X150
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)
Additional Information
- Acres
- 0.17
- Annual City Tax
- 465
- Annual County Tax
- 485
- Bedroom Two Description
- Hardwood Floor, Level 1, Shared Bath
- Cooling
- Ceiling Fan(s), Window Unit(s)
- Exterior
- Wrought Iron Security Drs, Porch, Patio
- Exterior Windows
- Brick Veneer, Other (See Remarks)
- Fireplace
- Decorative Only
- Floors Ceilings
- Part Hardwood, Tile, Other (See REMARKS)
- Foundation
- Conventional
- Heating
- Central
- Interior Equipment
- Range/Oven, Other (See REMARKS)
- Legal Subdivision
- Goodloe & Martin Blk 3
- Living Dining Kitchen
- Separate Living Room, Separate Dining Room, Eat-In Kitchen, Washer/Dryer Connections, W/D Connection in Kitchen
- Lot
- 20
- Lot Description
- Some Trees, Level
- Lot Size
- 50X150
- Misc Interior
- Pull Down Attic Stairs, Attic Access, Cat/Dog Free House, Smoke Detector(s), Other (See REMARKS)
- Neighborhood Amenities
- None
- New Financing
- Conventional
- Other Rooms
- Storage Room, Other (See Remarks)
- Parking Storage
- Driveway/Pad
- Roof
- Composition Shingles
- Stories
- 1
- Style
- Traditional
- Subdivision
- GOODLOE & MARTIN BLK 3
- Subtype
- Detached Single Family
- Water Sewer
- Gas Water Heater
- Year Built
- 1930
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Listing courtesy of Fast Track Realty, LLC.
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