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695 Marsh Ave, Memphis, TN, 38127

2beds
1baths
616sqft
$97,000
$157price/sqft
$947/moest. monthly cost
$37,880/yrincome needed

About This Home

Turnkey investment opportunity at 695 Marsh Ave in Memphis. This two bedroom, one bathroom property is tenant occupied with immediate cash flow. Interior has been renovated and interior photos are available upon request. Current rent is $993 per month with a 10% late fee after the 5th. Lease is in place from 01/20/2026 through 01/19/2027 providing stable, predictable income. Tenant is responsible for all utilities which helps minimize landlord expenses. Property offers a simple layout, low maintenance, and strong rental fundamentals for investors looking to add to their portfolio. Whether you are a new investor or expanding your holdings, this is a solid income producing opportunity with built in cash flow from day one. Do not disturb tenant. No showings until accepted offer.

Getting Around

47
WalkingCar-Dependent
23
TransitMinimal Transit
47
BikeSomewhat Bikeable

Schools

4/10
4/10
Grandview Heights MiddleGrades 6-83.1 mi
3/10
Trezevant High SchoolGrades 9-123.6 mi

Construction

Condition

  • Year built: 1941

Materials

  • Foundation: Slab
  • Roof: Composition Shingles
  • Construction materials: Aluminum/Steel Siding

Type & Style

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

Interior

Bedrooms & Bathrooms

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

Features

  • Other (See Remarks),Square Feet Source: AutoFill (MAARdata) or Public Records (Cnty Assessor Site)
  • Flooring: Tile,Vinyl

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air

Interior Area

  • Total interior livable area: 616 sqft

Kitchen

  • Features: Updated/Renovated Kitchen

Living Room

  • Features: LR/DR Combination

Property

Details

  • Parcel number: 069011 00002

Features

  • Stories: 1
  • Pool features: None
  • Exterior features: Other (See REMARKS)

Lot

  • Lot size: 4,791 sqft
  • Features: Level
  • Lot size dimensions: 80 x 60

Parking

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