Back 389 Mitchell Lane
Active

389 Mitchell Lane

Memphis TN 38109

3
1
948 sq. ft.
0.2 ac.
Single-Family
Currently for sale - view listing

Overview

CALLING ALL INVESTORS!!!  Seller is willing to sell this property as part of a package with 2961-2963 GRENADIER CV/Vacant and 5025 BERTA RD/Occupied at a REDUCED PRICE. Contact co-listing or your agent for more info! This tenant-occupied rental offers an opportunity to add another income-producing property to your portfolio. This 3-bedroom, 1-bath single-family home is currently generating $1,045/ month in rental income, with the current lease running through 04/03/2028. An opportunity to purchase an income-producing property with a tenant already in place. Please do not disturb the tenant. No showings without an accepted offer. NO wholesale, assignment or creative financing offers will be accepted. Financials available upon request. Professionally Managed IN-HOUSE

Features

3 bedrooms
1 bathroom
948 sq. ft. floor area
0.2 ac. lot size
Single-Family

Property history for 389 Mitchell Lane

2022
Sold
$99,000
18 Aug 2022 by James Wachob, of Foundation Property Management

Happy sellers in Memphis

~%

We have insufficient information to provide an overview of customer satisfaction for Memphis. Viewing the agent profiles, reviews and sales for Memphis can provide insights for this location.

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

In the last 12 months, 199 three-bedroom single-family properties similar to 389 Mitchell Lane, have been sold.

This represents a 8% increase in three-bedroom single-family properties sales when compared to the previous 12 months.

© 2026 RateMyAgent