433 DIXIE RD, Memphis, TN 38109
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433 DIXIE RD, Memphis, TN 38109
433 DIXIE RD, Memphis, TN 38109
433 DIXIE RD, Memphis, TN 38109
433 DIXIE RD, Memphis, TN 38109
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Frank Warren

Frank Warren

+1(901) 212-5350
$ 119,000
Est. payment /mo
Save
Active

433 DIXIE RD Memphis, TN 38109

2 Beds

1 Bath

999 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Detached Single Family

Listing Status Active

Purchase Type For Sale

Approx. Sqft 800-999

Square Footage 999 sqft

Price per Sqft $119

Subdivision Alta Heights 1St

MLS Listing ID 10203698

Style Traditional

Bedrooms 2

Full Baths 1

Year Built 1963

Annual Tax Amount $528

Lot Size 9,147 Sqft

Property Sub-Type Detached Single Family

Property Description

ATTENTION INVESTORS!! Fully renovated, turnkey rental with long-term tenant in place. Leased at $900/month through 2/25/2028, delivering consistent cash flow of $900/month and a 5.81% cash-on-cash return. Major improvements include a new 30-year architectural roof, new HVAC condenser, upgraded electrical system (converted from fuse box), and full interior/exterior renovation. Interior upgrades feature luxury vinyl plank flooring, an updated kitchen with new countertops and fixtures, and a refreshed bathroom with new vanity and toilet. Additional enhancements include new lighting, smart locks, and exterior improvements. Low-maintenance asset positioned for stable returns and long-term portfolio growth. 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 Mitchell/Westwood

Rooms

Master Bedroom 0x0

Dining Room 0x0

Kitchen Other (See Remarks), Washer/Dryer Connections

Interior

Heating Central

Cooling Central

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

Exterior

Exterior Feature Other (See Remarks), Vinyl Siding, Wood Window(s)

Parking Features Driveway/Pad, Other (See REMARKS)

Pool None

Private Pool Yes

Building

Lot Description Level

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

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433 DIXIE RD