20
See all 20 photos
$155,000
Est. payment /mo
3 Beds
2 Baths
0.27 Acres Lot
Active
1864 MACAULAY AVE Memphis, TN 38127
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Key Details
Property Type Single Family Home
Sub Type Detached Single Family
Listing Status Active
Purchase Type For Sale
Subdivision Georgian Hills Blk E
MLS Listing ID 10225239
Style Traditional
Bedrooms 3
Full Baths 2
Year Built 1957
Annual Tax Amount $1,281
Lot Size 0.270 Acres
Property Sub-Type Detached Single Family
Property Description
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.
Location
State TN
County Shelby
Area Frayser - North
Rooms
Master Bedroom 10x10
Dining Room 10x10
Kitchen Eat-In Kitchen
Interior
Heating Central
Cooling Central
Flooring Part Carpet
Exterior
Exterior Feature Other (See Remarks)
Parking Features Driveway/Pad
Garage Spaces 1.0
Pool None
Private Pool Yes
Building
Lot Description Level
Story 1
Others
Miscellaneous Patio
Listed by Jeremy R Veldman • KAIZEN Realty, LLC
NEARBY SCHOOL & BUSINESS
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