1184 Saxon Avenue

Memphis TN 38106

999 sq. ft.

0.17 ac.

Single-Family

Currently for sale - view listing

Overview

BACK ON THE MARKET THROUGH NO FAULT OF THE SELLER OR THE PROPERTY Make this your first rental or add this to your existing rental portfolio! This property would be perfect for a DSCR loan and it meets the 1% rule that most investors look for. The tenant pays $1000 per month (Section 8) - $796 is paid by MHA and $204 is paid by the tenant. Tenant has been in the property three years now and wants to stay. The lease was up 7/31/2026 and the tenant is now month to month. The home was updated a few years ago and the roof is 2 years old, furnace is 5 years old. This home is located minutes from LeMoyne Owen College, Stax Museum, Midtown and Downtown. Call for more information! No seller financing offers or wholesalers. (The interior pictures in MLS were taken before the tenant moved in)

Features

2 bedrooms

1 bathroom

999 sq. ft. floor area

0.17 ac. lot size

Single-Family

Property history for 1184 Saxon Avenue

2024

Sold

$72,000

19 Jul 2024 by Cassandra Bell-Warren, of 4 Success Realty, LLC

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