Sold on Aug 20, 2026

The Story

1545 Oakwood Street

Memphis, TN 38108 · Home

Turnkey investment opportunity with immediate cash flow! This fully renovated 3-bedroom, 2-bath home is tenant occupied and currently generating $1,300 per month, offering strong returns from day one. With a list price of $115,00, and almost a 14% gross ROI, this is a great option for investors seeking solid ROI and positive cash flow. Renovated from the studs, updates include new electrical, plumbing, HVAC, water heater, windows, and exterior siding—minimizing maintenance concerns for years to come. Interior features include luxury vinyl flooring throughout main living areas and bedrooms, with tile in the kitchen and bathrooms for durability. The updated kitchen and bathrooms provide modern appeal that supports long-term tenant retention. This is a low-maintenance, income-producing asset ideal for both seasoned and out-of-state investors looking to expand their portfolio with confidence. Do not disturb tenant. No wholesalers/seller financing.


Facts & Features

Property Info

Price
$114,900
Completion Year
1,913
Floors
1
Bedrooms
3
Bathrooms
2

Features & Amenities

Cooling

Central Air

Heating

Central

Appliances

Range, Oven, Microwave, Refrigerator

Flooring

Tile, Vinyl

Roof

Composition, Shingle

Lot Information

Level, Landscaped

Water Source

Public

Sewer

Public Sewer

Listing Broker

Coldwell Banker Collins-Maury

Broker Name

Coldwell Banker Collins-Maury

Agent

Mark Wilson

Location

Collierville TN 38017