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8
See all 8 photos
$122,200
Est. payment /mo
3 Beds
1 Bath
1,199 SqFt
Active
1382 MARY JANE AVE Memphis, TN 38116
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Key Details
Property Type Single Family Home
Sub Type Detached Single Family
Listing Status Active
Purchase Type For Sale
Approx. Sqft 1000-1199
Square Footage 1,199 sqft
Price per Sqft $101
Subdivision Eason Hills Blk A
MLS Listing ID 10197568
Style Traditional
Bedrooms 3
Full Baths 1
Year Built 1964
Annual Tax Amount $1,065
Lot Size 0.260 Acres
Property Sub-Type Detached Single Family
Property Description
This property is leased at $1,175 per month ($14,100 annually) through 03/31/2028, with a cash-on-cash return of 6.51% and a monthly cash flow of $200.99. "All investment figures are estimates and verified independently by buyer." Investor-ready opportunity in a well-established Memphis rental area. This home offers a functional layout with comfortable living spaces, durable finishes, and good natural light throughout. Recent updates improve overall efficiency and help reduce maintenance, supporting long-term performance. The kitchen features ample cabinetry and practical design, while the property shows solid condition inside and out with strong curb appeal and usable yard space. Conveniently located near schools, shopping, and major roadways, supporting consistent rental demand and long-term appreciation potential. A dependable addition to any investment portfolio. Financials available upon request. No wholesalers, assignments, or creative financing! PROFESSIONALLY MANAGED IN-HOUSE
Location
State TN
County Shelby
Area Whitehaven/Southland Mall
Rooms
Master Bedroom 14x12
Dining Room 14x12
Kitchen Separate Dining Room
Interior
Heating Central
Cooling Central
Flooring Other (See REMARKS)
Exterior
Exterior Feature Other (See Remarks)
Parking Features Driveway/Pad
Pool None
Private Pool Yes
Building
Lot Description Level
Story 1
Others
Miscellaneous Other (See REMARKS)
Listed by James C Wachob • Foundation Property Management
NEARBY SCHOOL & BUSINESS
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