1531 NETHERWOOD AVE, Memphis, TN 38106
See all 22 photos
1531 NETHERWOOD AVE, Memphis, TN 38106
1531 NETHERWOOD AVE, Memphis, TN 38106
1531 NETHERWOOD AVE, Memphis, TN 38106
1531 NETHERWOOD AVE, Memphis, TN 38106
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Frank Warren

Frank Warren

+1(901) 212-5350
$ 149,900
Est. payment /mo
Save
Active

1531 NETHERWOOD AVE Memphis, TN 38106

3 Beds

1 Bath

1,399 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Detached Single Family

Listing Status Active

Purchase Type For Sale

Approx. Sqft 1200-1399

Square Footage 1,399 sqft

Price per Sqft $107

Subdivision Crump Bros

MLS Listing ID 10195316

Style Traditional

Bedrooms 3

Full Baths 1

Year Built 1912

Annual Tax Amount $1,010

Lot Size 6,969 Sqft

Property Sub-Type Detached Single Family

Property Description

ATTENTION INVESTORS!! Turnkey, income-producing asset with a secured long-term tenant in place. Leased at $1,195/month through 3/31/2028, delivering consistent cash flow of $1,195/month and a 4.49% cash-on-cash return. Major capital improvements include a new 30-year architectural roof, double-pane aluminum windows, 2024 water heater, updated kitchen with new countertops and fixtures, and a renovated bathroom with new tub and subway tile surround. Additional upgrades include fresh interior/exterior paint, new lighting, and durable hard surface flooring throughout. Fully renovated and professionally maintained, this low-maintenance investment is positioned for stable, predictable returns. No wholesalers, assignments, or creative financing! DO NOT APPROACH OR DISTURB TENANTS, NO SHOWINGS WITHOUT AN ACCEPTED OFFER. Owner/Agent

Location

State TN

County Shelby

Area South Memphis/Glenview

Rooms

Master Bedroom 0x0

Dining Room 0x0

Kitchen Other (See Remarks)

Interior

Heating Central

Cooling Central

Flooring Other (See REMARKS), Vinyl/Luxury Vinyl Floor

Exterior

Exterior Feature Brick Veneer, Other (See Remarks)

Parking Features Driveway/Pad

Pool None

Private Pool Yes

Building

Lot Description Some Trees

Story 1

Others

Miscellaneous Porch,Other (See REMARKS)

Listed by James C Wachob • Foundation Property Management
Frank Warren

Frank Warren

Broker

+1(901) 212-5350

GET MORE INFORMATION

Name
Phone*
Message

By checking this box, I agree to receive recurring marketing communication from Frank Warren, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); Consent not required to make a purchase. I understand that I can call to obtain direct assistance.

By checking this box, I agree to the Terms of Service and Privacy Policy of this website.

Go tour this home

1531 NETHERWOOD AVE