Primary listing photo

1618 Ellsworth St, Memphis, TN, 38111

3beds
2baths
1,415sqft
$130,000
$92price/sqft
$1,114/moest. monthly cost
$44,560/yrincome needed

About This Home

Excellent investor opportunity in a convenient Memphis location! This well-maintained home offers 3 bedrooms, and an open floor plan that appeals to long-term renters. Most recent updates include a newer water heater (2023). Reliable tenant is in place, currently paying $1250 per month, with a lease secured through June 2026, offering immediate and stable rental income. Tenant would prefer to remain. Please do not disturb tenant- accepted offer will be contingent upon inspection.

Getting Around

25
WalkingCar-Dependent
28
TransitSome Transit
37
BikeSomewhat Bikeable

Schools

4/10
Sharpe Elementary SchoolGrades PK-50.2 mi
5/10
Sherwood Middle SchoolGrades 6-80.9 mi
3/10
Overton High SchoolGrades 9-122.3 mi

Construction

Condition

  • Year built: 1940

Materials

  • Construction materials: Wood/Composition

Type & Style

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

Interior

Appliances

  • Laundry features: Laundry Room

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • All Bedrooms Down,Textured Ceiling,Square Feet Source: AutoFill (MAARdata) or Public Records (Cnty Assessor Site)
  • Window features: Aluminum Frames
  • Flooring: Part Hardwood

Heating & Cooling

  • Heating features: Natural Gas
  • Cooling features: Window Unit(s)

Interior Area

  • Total interior livable area: 1,415 sqft

Kitchen

  • Features: Separate Breakfast Room

Living Room

  • Features: Separate Living Room

Property

Details

  • Parcel number: 058023 00058

Features

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

Lot

  • Lot size: 0.74 Acres
  • Features: Some Trees
  • Lot size dimensions: 78 x 417

Parking

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