This 3 bedroom, 2 bathroom home in Memphis spans 1,451 square feet and was built in 1953. The property has been renovated and is currently leased at $1,100 month to month, making it an active income-producing rental. Part of a 103 home portfolio package, this investment property offers standard amenities with immediate cash flow potential. The home features solid rental…
The Story
4117 Grey Rd, Memphis, Tn 38108
This 3 bedroom, 2 bathroom home in Memphis spans 1,451 square feet and was built in 1953. The property has been renovated and is currently leased at $1,100 month to month, making it an active income-producing rental. Part of a 103 home portfolio package, this investment property offers standard amenities with immediate cash flow potential.
The home features solid rental fundamentals with established tenant occupancy and a flexible month to month lease structure. Its mid-century construction provides character while recent renovations ensure tenant appeal and reduced maintenance concerns. Located in Memphis, the property delivers straightforward investment economics without creative financing requirements.
Investors seeking turnkey rental income with portfolio expansion opportunities will find this property's combination of established lease, manageable size, and bulk acquisition option particularly valuable.
Facts & Features
Property Info
Price
$146,000
Completion Year
1,953
Living Space
1,451 sq ft
Bedrooms
3
Bathrooms
2
Lot size
0.16 acres
Features & Amenities
Central Cooling
Stay comfortable year-round with efficient climate control.
Garden
Lush greenery that creates calm surroundings and natural shade.
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