1236 Goodman St, Memphis, TN 38111

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Sold Price
$82,500
List Price
$80,000
Status
CLOSED
MLS#
10216301
Closing Date
Mar 31, 2026
Bedrooms
2
Bathrooms
1
Lot Size
60X160

Property Description

Incredible investment opportunity available with tremendous cash flow and huge potential upside! This vacant home could be worth a lot of money once fixed up. 21 property package available. Homes can be bought individually or in bulk. Total portfolio list price is $2.525M, total current rent is $17,785/mo, total est market rent is $26,365 est ARV of full package is $3.155M. All homes are professionally managed. Most all of these are tenant occupied. Many of these homes have had significant rehab done in the past few years. This could be an amazing opportunity. Do not approach or disturb tenants. No showigns without an accepted offer. No wholesale, creative finance or seller finance. Addresses are 5088 Edenshire, 1236 Goodman, 4853 Tutwiler, 3471 Heckle, 1373 Russwood, 3430 Hendricks, 4594 Sea Isle, 860 Berclair, 3674 Mountain Terrace, 3270 Abbottsford, 1946 Willow Wood, 3588 Kearney, 3540 Marion, 3682 Kearney, 4401 Quince, 3689 Kearney, 4635 Monaco

Additional Information

Acres
0.22
Annual City Tax
552
Annual County Tax
576
Cooling
Central
Exterior
Other (See REMARKS)
Exterior Windows
Wood/Composition
Floors Ceilings
Part Carpet
Heating
Central
Legal Subdivision
Sherwood Forest 4th Addition
Living Dining Kitchen
Pantry
Lot
10
Lot Description
Level
Lot Size
60X160
Neighborhood Amenities
None
Parking Storage
Driveway/Pad
Stories
1
Style
Traditional
Subdivision
SHERWOOD FOREST 4TH ADD
Subtype
Detached Single Family
Year Built
1943

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Listing courtesy of Crye-Leike, Inc., REALTORS. Selling Office: Keller Williams.

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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.