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159 Majuba Ave

Memphis TN 38109

3
1
1
0.11 ac.
Single-Family
Currently for sale - view listing

Overview

Affordable investment opportunity with great potential! This 3-bedroom, 1-bathroom home is currently rented at $900/month with a lease in place until May. The property features a covered front porch, new windows, and a shed for additional storage. Conveniently located just around the corner from Kansas Park and next block to Riverview Elementary School (K-8), the home also offers easy access to I-55, the Mississippi River, and West Memphis, Arkansas. Plus, it?s just a short drive to downtown Memphis, making it perfect for tenants seeking accessibility to local amenities. Situated on a street with sidewalks and streetlights, the home is surrounded by vacant lots, providing privacy with no immediate neighbors?perfect until new development begins. Equipped with central heating (no AC) and in basic rental condition, this property offers steady cash flow and room for future value growth. Drive-by inspections only at this time. Don?t miss this excellent investment opportunity!

Features

3 bedrooms
1 bathroom
1 carspace
0.11 ac. lot size
Single-Family

Happy sellers in Memphis

95%
95% of sellers in Memphis reported that their sale price either exceeded or met their price expectations.

Memphis stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 4 reviews in Memphis over the last 12 months.

Local market activity for 3 bedroom single-family properties in Memphis

In the last 12 months, 180 three-bedroom single-family properties similar to 159 Majuba Ave, have been sold.

This represents a 15% increase in three-bedroom single-family properties sales when compared to the previous 12 months.

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Sales:
(619) 566-0008
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