This 3-bedroom, 1-bathroom home in Memphis spans 1,582 square feet and was built in 1923. Located on Pillow Street, the property features a new roof installed in 2022, updated plumbing, new kitchen cabinets, fresh flooring, and a 5-year-old water heater. Additional recent improvements include a new front door, security door, and modern light fixtures throughout. Currently leased at $975 monthly…
The Story
1439 Pillow St, Memphis, Tn 38106
This 3-bedroom, 1-bathroom home in Memphis spans 1,582 square feet and was built in 1923. Located on Pillow Street, the property features a new roof installed in 2022, updated plumbing, new kitchen cabinets, fresh flooring, and a 5-year-old water heater. Additional recent improvements include a new front door, security door, and modern light fixtures throughout. Currently leased at $975 monthly through May 2026 with an established 3-year tenant, this property presents an excellent rental opportunity.
Walking distance to two schools and just five minutes from the expressway, this home offers convenient access to Midtown and Downtown Memphis within ten minutes. The combination of recent upgrades and stable tenant income makes this an attractive investment for buyers seeking cash flow with minimal immediate repairs needed.
Ready to expand your investment portfolio? Contact us today to learn more about this turnkey rental property.
Facts & Features
Property Info
Price
$114,500
Completion Year
1,923
Living Space
1,582 sq ft
Bedrooms
3
Bathrooms
1
Lot size
0.12 acres
Features & Amenities
Garden
Lush greenery that creates calm surroundings and natural shade.
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