1148 Severson Avenue

Memphis TN 38106

0.18 ac.

Single-Family

Currently for sale - view listing

Overview

Discover this beautifully renovated 4-bedroom, 1-bathroom single-family home, an excellent turnkey investment with strong rental income already in place. Property Highlights: Fully Renovated: New roof, HVAC system, and hot water tank installed ? all major systems updated for peace of mind. Modern Upgrades: Brand new luxury vinyl plank (LVP) flooring throughout, updated kitchen with modern finishes, remodeled bathroom, and refreshed bedrooms. Stable Rental Income: Property is currently leased through May 2026. Tenant is enrolled in a rental assistance program and pays $1,400/month under a 12-month lease starting May 2025. Strong Return Potential: Immediate cash flow with minimal maintenance required due to recent upgrades.

Features

4 bedrooms

1 bathroom

0.18 ac. lot size

Single-Family

Property history for 1148 Severson Avenue

2025

Sold

$48,000

31 Jan 2025 by Cortney Lester, of Franchise Realty, LLC

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