The story
1872 Portland Ave. is a 3-bed, 1-bath, roughly 925 sq ft single-family home in Memphis. It’s leased through March 31, 2028. Rent starts at closing with no vacancy or make-ready costs, and professional property management is in place, so out-of-state buyers can own it hands-off. Recent updates include new tile flooring, a new bathroom vanity, fresh interior paint, and repainted kitchen cabinets. The windows were repaired and some glass replaced, and the siding, trim, and beam were repaired. It also has a new A/C condenser pad, new interior doors, Kwikset SmartKey locks, blinds, and smoke/CO detectors. The HVAC and electrical were serviced in 2026, and the home is on pest control. The home is updated, and management is already handled. You just collect the rent. *Please do not disturb residents*
