550 S Parkway Ave E, Memphis, TN 38106

$140,000
4
BD
1
BA

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List Price
$140,000
Status
ACTIVE
MLS#
10231390
Bedrooms
4
Bathrooms
1
Lot Size
55X143

Property Description

Cash-flowing investment opportunity in Memphis. This brick home is leased at $1,700/month through March 2027 and is professionally managed, so you collect income from day one. The brick exterior means lower long-term maintenance and less capital expense. A strong fit for an investor who wants a hands-off rental with steady income. No showings without an accepted offer. No seller/creative financing.

Additional Information

Annual City Tax
191
Annual County Tax
199
Cooling
Other (See REMARKS)
Exterior
Wrought Iron Security Drs
Exterior Windows
Brick Veneer
Floors Ceilings
Other (See REMARKS)
Foundation
Conventional
Heating
Central
Legal Subdivision
Barbour Blk B
Living Dining Kitchen
Separate Living Room
Lot Description
Level
Lot Size
55X143
Neighborhood Amenities
None
Parking Storage
Driveway/Pad
Roof
Composition Shingles
Stories
1
Style
Traditional
Subdivision
BARBOUR BLK B
Subtype
Detached Single Family
Year Built
1912

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Renshaw Company, REALTORS.

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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.