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+19018339734
Legendary Realty
981 Floyd Ave, Memphis, TN 38127
- $63,000
- 2
- BD
- 1
- BA
- Sold Price
- $63,000
- List Price
- $65,000
- Status
- CLOSED
- MLS#
- 10209663
- Closing Date
- Jul 01, 2026
- Bedrooms
- 2
- Bathrooms
- 1
- Lot Size
- 70X200
Property Description
Excellent investment opportunity! This well-maintained 2-bedroom, 1-bath home is currently tenant-occupied and generating $795/month in rental income, offering immediate cash flow for a new owner. The functional layout features easy-care tile flooring, a bright living area, and an efficient kitchen. Outside, the property includes a large, level yard. HVAC brand new-- August 2025. Conveniently located near shopping, schools, and major thoroughfares, this property is a smart addition to any investment portfolio. Do not disturb tenant. Showings available with accepted offer.
Additional Information
- Acres
- 0.32
- Annual City Tax
- 305
- Annual County Tax
- 324
- Bedroom Two Description
- Level 1
- Cooling
- Central
- Exterior
- Patio
- Exterior Windows
- Wood/Composition
- Floors Ceilings
- Vinyl/Luxury Vinyl Floor
- Foundation
- Slab
- Heating
- Central
- Legal Subdivision
- Patricia Heights Sec F Blk 6
- Living Dining Kitchen
- Separate Dining Room, Separate Den
- Lot
- 7
- Lot Description
- Level
- Lot Size
- 70X200
- Neighborhood Amenities
- None
- New Financing
- Conventional, FHA, VA
- Other Rooms
- Laundry Closet
- Parking Storage
- Driveway/Pad
- Roof
- Composition Shingles
- Stories
- 1
- Style
- Traditional
- Subdivision
- PATRICIA HEIGHTS SEC F
- Subtype
- Detached Single Family
- Water Sewer
- Public Water, Public Sewer
- Year Built
- 1952
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Listing courtesy of Crye-Leike, Inc., REALTORS. Selling Office: Crye-Leike, Inc., REALTORS.
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.