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1621 Maplewood St, Memphis, TN, 38108

2beds
1baths
816sqft
$71,999
$88price/sqft
$760/moest. monthly cost
$30,400/yrincome needed

About This Home

Investor Opportunity – Turnkey Memphis Rental with Strong Cash Flow Potential Great opportunity to own an affordable Memphis rental property. This 2 bedroom, 1 bathroom brick home offers approximately 816 sq ft with a front porch, large backyard, and solid rental history. With estimated rents around $900/month, this property has the potential to generate strong cash flow for buy-and-hold investors looking to expand their portfolio. Highlights include: • Durable brick construction • Large backyard with additional space for tenant enjoyment • Functional floor plan with separate living area • Low property taxes This property can be packaged with 1617 Maplewood next door, creating a rare opportunity to acquire multiple rental properties on the same street, perfect for investors or first time landlords. Properties at this price point with rental potential under $100K are becoming increasingly difficult to find, don't miss out on this great opportunity!

Getting Around

37
WalkingCar-Dependent
30
TransitSome Transit
48
BikeSomewhat Bikeable

Schools

3/10
2/10
Douglass High SchoolGrades 9-121.5 mi

Construction

Condition

  • Year built: 1950

Materials

  • Construction materials: Brick Veneer

Type & Style

  • Home type: SingleFamily
  • Architectural style: Traditional,Other (See Remarks)
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Range/Oven,Refrigerator

Bedroom2

  • Level: First

Bedrooms & Bathrooms

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

Features

  • All Bedrooms Down,1 or More BR Down,Primary Down,Eff/Studio,Textured Ceiling,Square Feet Source: AutoFill (MAARdata) or Public Records (Cnty Assessor Site)
  • Door features: Storm Door(s)
  • Flooring: Vinyl

Heating & Cooling

  • Heating features: Central,Natural Gas
  • Cooling features: Central Air,Ceiling Fan(s)

Interior Area

  • Total interior livable area: 816 sqft

Kitchen

  • Features: Updated/Renovated Kitchen,W/D Connection in Kitchen

Living Room

  • Features: Separate Living Room

Master Bedroom

  • Level: First

Property

Details

  • Parcel number: 042004 00006

Features

  • Stories: 1
  • Pool features: None
  • Patio & porch: Porch,Patio
  • Exterior features: Dog Run,Sidewalks

Lot

  • Lot size: 4,791 sqft
  • Features: Level,Other (See Remarks)
  • Lot size dimensions: 40 x 120

Parking

  • Parking features: Driveway/Pad,On Street
  • Has uncovered spaces: Yes