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Tenant-occupied Home with Strong Rental History

USD $121,000
449 Fernwood Avenue, Memphis, Tennessee, 38106, USA
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Property Highlights

  • Tenant-occupied, professionally managed home
  • Current lease through March 2026
  • Rented for $1470 per month
  • Large home with rehab potential
  • Investment property, no showings without offer
  • Can purchase in bulk with nearby homes

Overview

INVESTORY ONLY! Tenant occupied and professionally managed home. This could be a great addition to your investment portfolio. Currently rent for $1470/mo with a $1395 deposit on file. Lease ends 3/31/26. Large home. Many homes in this area are being rehabbed and sold for more money. Lease, ledger, and payment/repair history are available upon request. Do not approach or disturb tenant. No showings without an accepted offer. No wholesalers, no assignment, no seller finance or creative finance. Seller is also has 1675 Haywood & 3245 Sinclair (can buy these houses in bulk or individually).
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Virtual Tour

Property Features

449 Fernwood Avenue, Memphis, Tennessee, 38106, USA offers the following features:

Bedrooms: 5
Bathrooms: 2 Full | 1 Half
Property Type: Residential
Status: Active
Reference ID: 10194334

What's Nearby

Local businesses near 449 Fernwood Avenue, Memphis, Tennessee, 38106, USA:

Public Transportation: < 1 mile
School: < 1 mile
Gym: < 1 mile
Grocery/Shopping Center: < 1 mile
Police Station: 2 miles
Hospital: 2.9 miles

Map

The Local Vibe

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Listed by: Tyler Tapley
CRYE-LEIKE, Realtors