The Story

1184 Saxon Avenue

Memphis, TN 38106 · Home

BACK ON THE MARKET THROUGH NO FAULT OF THE SELLER OR THE PROPERTY Make this your first rental or add this to your existing rental portfolio! This property would be perfect for a DSCR loan and it meets the 1% rule that most investors look for. The tenant pays $1000 per month (Section 8) - $796 is paid by MHA and $204 is paid by the tenant. Tenant has been in the property three years now and wants to stay. The lease was up 7/31/2026 and the tenant is now month to month. The home was updated a few years ago and the roof is 2 years old, furnace is 5 years old. This home is located minutes from LeMoyne Owen College, Stax Museum, Midtown and Downtown. …


Facts & Features

Property Info

Price
$75,000
Completion Year
1,930
Floors
1
Bedrooms
2
Bathrooms
1

Features & Amenities

Cooling

Ceiling Fan(s), Window Unit(s)

Heating

Central

Appliances

Range, Oven, Gas Water Heater

Flooring

Tile, Hardwood

Roof

Composition, Shingle

Lot Information

Level, Wooded

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Listing Broker

Fast Track Realty, LLC

Broker Name

Fast Track Realty, LLC

Agent

Verna R Littleton

Location

Memphis TN 38119