The Story

1188 Tanglewood Street

Memphis, TN 38114 · Home

ATTENTION INVESTORS! Tenant-occupied investment opportunity on a desirable corner lot just 0.5 miles from the Cooper-Young Historic District. The property is currently rented for $935/month to a stable, long-term tenant who has occupied the home since 2015. The lease is in place through April 30, 2027, with current rent and a consistent payment history. The home features a spacious den with a fireplace, separate dining room, updated kitchen, and a private, fenced backyard. Conveniently located near the shops, dining, and entertainment of Cooper-Young, this property offers an attractive combination of established rental income and long-term value-add potential. Don't miss the opportunity to add this gem to your portfolio! Professionally managed, please do not disturb tenant. Lease and tenant ledger available upon request. Professionally managed. Please do not disturb the tenant. No wholesale, owner financing, or creative financing offers.


Facts & Features

Property Info

Price
$125,000
Completion Year
1,924
Floors
1
Bedrooms
2
Bathrooms
1

Features & Amenities

Cooling

Central Air

Heating

Central

Flooring

Carpet

Lot Information

Level

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Listing Broker

KAIZEN Realty, LLC

Broker Name

KAIZEN Realty, LLC

Agent

Jeremy R Veldman

Location

Germantown TN 38138