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1487 Swift St, Memphis, TN, 38109

2beds
1baths
1,076sqft
$89,000
$83price/sqft
$871/moest. monthly cost
$34,840/yrincome needed

About This Home

Renovated in 2023, this income-producing property is an excellent opportunity for investors seeking a rent-ready asset with professional management already in place. Featuring a functional floor plan with a spacious living room, separate dining area, decorative fireplace, and a dedicated laundry room, this home also offers a covered front porch and a large backyard—appealing features for long-term tenant retention. Currently marketed for lease at $910 per month and managed by Mid South Best Rentals, providing a seamless transition for the new owner. Any lease secured prior to closing will remain in place, with all tenant rights transferring to the buyer, making this a true turnkey investment opportunity. Drive-by only at this time. Interior access will be provided after an accepted offer. Offers to include a contingency for Buyer’s satisfactory visual inspection. Inquire for details.

Getting Around

36
WalkingCar-Dependent
16
TransitMinimal Transit
34
BikeSomewhat Bikeable

Schools

3/10
Hamilton High SchoolGrades 9-123.2 mi

Construction

Condition

  • Year built: 1938

Materials

  • Construction materials: Brick Veneer,Vinyl Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Traditional
  • Property subType: Single Family Residence

Interior

Basement

  • Basement: Crawl Space

Bedroom2

  • Features: Shared Bath
  • Level: Second

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • All Bedrooms Down,1 or More BR Down,Renovated Bathroom,Textured Ceiling,Square Feet Source: AutoFill (MAARdata) or Public Records (Cnty Assessor Site)
  • Flooring: Part Carpet
  • Fireplace features: Decorative
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air

Interior Area

  • Total interior livable area: 1,076 sqft

Kitchen

  • Features: Updated/Renovated Kitchen

Living Room

  • Features: Separate Living Room

Master Bedroom

  • Level: First

Property

Details

  • Parcel number: 035003 00006

Features

  • Stories: 1
  • Pool features: None
  • Patio & porch: Porch

Lot

  • Lot size: 4,791 sqft
  • Features: Some Trees
  • Lot size dimensions: 50 x 105

Parking

  • Parking features: Driveway/Pad
  • Has uncovered spaces: Yes