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Legendary Realty
988 Michael Cv, Memphis, TN 38116
- $80,000
- 3
- BD
- 1.1
- BA
- Sold Price
- $80,000
- List Price
- $79,000
- Status
- CLOSED
- MLS#
- 10217921
- Closing Date
- Jun 09, 2026
- Bedrooms
- 3
- Bathrooms
- 1.1
- Lot Size
- 52X193
Property Description
Opportunity knocks with this income-producing property priced well below market value due to the repairs and updates needed. Being sold AS IS this 3-bedroom, 1.5-bath home already has a long-term tenant in place, offering immediate cash flow from day one. Currently rented at $950/month, the tenant has occupied the property since March 2015 and is currently on a month-to-month lease with a strong rental payment history. With some improvements and vision, this property could be a solid investment.
Additional Information
- Acres
- 0.57
- Annual City Tax
- 754
- Annual County Tax
- 785
- Cooling
- Central
- Exterior
- Wrought Iron Security Drs
- Exterior Windows
- Wood/Composition
- Fireplaces
- 1
- Floors Ceilings
- Part Hardwood
- Heating
- Central
- Legal Subdivision
- Lacey Mosbys Whitehaven Park 1st Addn
- Living Dining Kitchen
- Separate Living Room, Separate Dining Room
- Lot
- 102
- Lot Description
- Some Trees, Level
- Lot Size
- 52X193
- Neighborhood Amenities
- None
- New Financing
- Conventional
- Parking Storage
- Front-Load Garage
- Roof
- Composition Shingles
- Stories
- 1
- Style
- Traditional
- Subdivision
- WHITEHAVEN PARK 1ST ADD
- Subtype
- Detached Single Family
- Water Sewer
- Public Sewer, Public Water
- Year Built
- 1951
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Listing courtesy of 4 Success Realty, LLC. Selling Office: Keller Williams.
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.