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188 Charter Ave, Memphis, TN, 38109

3beds
1baths
907sqft
$56,000
$62price/sqft
$613/moest. monthly cost
$24,520/yrincome needed

About This Home

Investor Special with Strong Cash Flow Potential – 188 Charter Avenue, Memphis This 3-bedroom, 1-bath property is a prime opportunity for investors looking to generate consistent rental income and build long-term wealth. While it is conviently located in an established Memphis neighborhood, this home is well-positioned to perform as a cash-flowing asset with the right updates. Whether you’re expanding your portfolio or entering the Memphis market, this is a strategic investment opportunity you don’t want to overlook. Property is being sold as-is. Cash or conventional financing preferred. Secure your next income-producing property and take advantage of the upside this home has to offer.

Getting Around

11
WalkingCar-Dependent
26
TransitSome Transit
31
BikeSomewhat Bikeable

Schools

4/10
Geeter SchoolGrades PK-80.2 mi
5/10

Construction

Condition

  • Year built: 1971

Materials

  • Construction materials: Wood/Composition

Type & Style

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

Interior

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • All Bedrooms Down,Sprayed Ceiling,Square Feet Source: AutoFill (MAARdata) or Public Records (Cnty Assessor Site)

Heating & Cooling

  • Heating features: Natural Gas
  • Cooling features: Central Air

Interior Area

  • Total interior livable area: 907 sqft

Living Room

  • Features: Separate Living Room

Property

Details

  • Parcel number: 075190 00009

Features

  • Stories: 1
  • Pool features: None
  • Patio & porch: Patio
  • Fencing: Wood,Chain Fence

Lot

  • Lot size: 9,147 sqft
  • Lot size dimensions: 50 x 190

Parking

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