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+19018339734
Legendary Realty
1381 Laudeen Dr, Memphis, TN 38116
- $120,000
- 3
- BD
- 1.1
- BA
- Sold Price
- $120,000
- List Price
- $145,000
- Status
- CLOSED
- MLS#
- 10209531
- Closing Date
- Jan 23, 2026
- Bedrooms
- 3
- Bathrooms
- 1.1
- Lot Size
- 39X117
Property Description
Welcome to 1381 Laudeen — a promising value-add single-family property in a quiet, established Memphis neighborhood. With a tenant-ready rental comp of $1,280/month, this home is ideal for investors seeking steady cash flow with minimal upfront renovation. The layout offers a solid foundation for a comfortable, modern rental — just a few “light cosmetic touches” away from maximizing its income potential. Cosmetic updates like a fresh coat of neutral paint will elevate the home’s appeal, while still keeping renovation costs low and returns high.
Additional Information
- Acres
- 0.23
- Annual City Tax
- 590
- Annual County Tax
- 626
- Cooling
- Window Unit(s)
- Exterior
- Wrought Iron Security Drs, Porch
- Exterior Windows
- Wood/Composition
- Floors Ceilings
- Wood Laminate Floors
- Heating
- Wall Unit
- Legal Subdivision
- Graceland
- Living Dining Kitchen
- Separate Den, Pantry, Washer/Dryer Connections, Vinyl/Luxury Vinyl Floor
- Lot
- 296
- Lot Description
- Level, Chain Fenced
- Lot Size
- 39X117
- Neighborhood Amenities
- None
- Parking Storage
- Driveway/Pad
- Stories
- 1
- Style
- Traditional
- Subdivision
- GRACELAND
- Subtype
- Detached Single Family
- Year Built
- 1958
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Listing courtesy of Evernest Too, LLC. Selling Office: Evernest Too, LLC.
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.