3017 Gulf Ave Unit #7, Memphis, TN 38114

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List Price
$65,000
Status
ACTIVE
MLS#
10231259
Bedrooms
1
Bathrooms
1
Lot Size
749

Property Description

ATTENTION INVESTORS! This tenant-occupied rental offers an opportunity to add another income-producing property to your portfolio. This 1-bedroom, 1-bath single-family home is currently generating $750/ month in rental income, with the current lease running through 04/30/2027. OWNER FINANCING AVAILABLE! Terms available upon request. An opportunity to purchase an income-producing property with a tenant already in place. Please do not disturb the tenant. No showings without an accepted offer. NO wholesale or assignment offers will be accepted. Financials available upon request. Professionally Managed IN-HOUSE

Additional Information

Acres
5.93
Annual City Tax
693
Annual County Tax
722
Condo Association
Yes
Cooling
Central
Exterior
Patio
Exterior Windows
Brick Veneer
Floors Ceilings
Vinyl/Luxury Vinyl Floor
Heating
Central
Legal Subdivision
Cherry Park Condominiums
Living Dining Kitchen
Separate Dining Room
Lot
UNIT 7
Lot Size
749
Monthly Maintenance Fee
60
Parking Storage
Street Parking Only
Stories
1
Style
Traditional
Subdivision
CHEROKEE
Subtype
Attached Single Family
Unit Number
7
Year Built
1950

Mortgage Calculator

Amount of Loan
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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Foundation Property Management.

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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.