987 Floyd Ave, Memphis, TN 38127

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Sold Price
$65,000
List Price
$95,000
Status
CLOSED
MLS#
10214984
Closing Date
May 15, 2026
Bedrooms
3
Bathrooms
1
Lot Size
70X200

Property Description

Investor Special! This tenant-occupied 3-bedroom, 1-bath home is a great addition to any rental portfolio. Currently leased at $895/month with tenants in place, this property offers immediate income potential from day one. Home features a functional floor plan with spacious living areas and solid rental appeal. Conveniently located with easy access to major roads, schools, and local amenities. Long-term tenant in place since 4/5/2020. Current lease ends 4/30/2026.

Additional Information

Acres
0.32
Annual City Tax
548
Annual County Tax
572
Cooling
Central
Exterior
Wrought Iron Security Drs
Exterior Windows
Brick Veneer, Storm Door(s)
Floors Ceilings
Part Carpet, Tile
Heating
Central
Legal Subdivision
Patricia Heights Sec F Blk 6
Living Dining Kitchen
Separate Living Room
Lot
6
Lot Description
Level
Lot Size
70X200
Neighborhood Amenities
None
Parking Storage
Driveway/Pad
Stories
1
Style
Traditional
Subdivision
PATRICIA HEIGHTS SEC F
Subtype
Detached Single Family
Year Built
1952

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Calculator source: Real Geeks

Listing courtesy of eXp Realty, LLC. Selling Office: eXp Realty, LLC.

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