1864 Macaulay Avenue

Memphis TN 38127

1467 sq. ft.

0.27 ac.

Single-Family

Currently for sale - view listing

Overview

ATTENTION INVESTORS! Tenant occupied property that would make an excellent addition to your rental portfolio. This 4 bedroom, 2 bathroom brick home is rented for $1,525/month to a Section 8 tenant with a lease secured until June 30, 2027. Tenant moved in July 1, 2025 and just renewed their lease for another 12 months. Roof, AC Condenser, Furnace replaced July 2020. Water heater replaced September 2022. Home was refreshed in 2025 and features new carpet, fresh paint, a spacious living room and bonus room that can serve as a 4th bedroom, covered parking and a spacious fenced-in backyard. Priced to sell near the desired 1% Rule. Seller is also selling 3962 Sloan St and 2919 Bede Rd (you can buy them individually or in bulk). Please do not disturb the tenant. Tenant ledger, lease and maintenance report are available upon request. No wholesalers, assignments or creative or owner financing.

Features

3 bedrooms

2 bathrooms

1 carspace

1 garage space

1467 sq. ft. floor area

0.27 ac. lot size

Single-Family

Property history for 1864 Macaulay Avenue

2020

Sold

$40,000

22 Jun 2020 by Theresa Goolsby, of Weichert REALTOR-SPM

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