The Story

1864 Macaulay Avenue

Memphis, TN 38127 · Home

ATTENTION INVESTORS! Tenant occupied property that would make an excellent addition to your rental portfolio. This 4 bedroom, 2 bathroom brick home is rented for $1,525/month to a Section 8 tenant with a lease secured until June 30, 2027. Tenant moved in July 1, 2025 and just renewed their lease for another 12 months. Roof, AC Condenser, Furnace replaced July 2020. Water heater replaced September 2022. Home was refreshed in 2025 and features new carpet, fresh paint, a spacious living room and bonus room that can serve as a 4th bedroom, covered parking and a spacious fenced-in backyard. Priced to sell near the desired 1% Rule. Seller is also selling 3962 Sloan St and 2919 Bede Rd (you can buy them individually or in bulk). …


Facts & Features

Property Info

Price
$155,000
Completion Year
1,957
Floors
1
Bedrooms
3
Bathrooms
2
Garage
1 spaces

Features & Amenities

Pool

Yes

Garage / Parking

1 space

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