For sale Home

Listed Oct 25, 2026

$309,900 Est. $2,050/mo

485 Alexander Street

  • 3

    Beds

  • 2

    Baths

  • 1,347

    Sq ft

The story

Updated top to bottom, this Craftsman charmer near the University of Memphis is move-in ready OR investor ready! Currently a successful Airbnb that grossed $28,000+ Jan-Sept 2026 (seller-provided statements available; buyer to verify income and STR permitting), and seller is willing to convey furnishings for a turnkey start. The split, one level, 3BR/2BA plan has an en suite primary, refinished hardwoods, smooth ceilings, a cozy fireplace, and natural light galore. The kitchen has new cabinetry, granite, subway tile backsplash, and gas cooking, plus a separate laundry room. Big-ticket updates: new black-on-black windows, HVAC, electrical, lighting, PVC plumbing, and a newer roof. Outside: professional landscaping, a HUGE fenced backyard, storage shed, and double gate to park behind. Close to campus, shopping, and interstates. Ask about 0% down, DPA, and grants that may be available (subject to buyer qualification). See it today!

Facts & features

Home type

Home

Year built

1920

Floors

1

Price per sq ft

$230

Included features

  • Fireplace

    Yes

  • Cooling

    Central Air, Ceiling Fan(s)

  • Heating

    Central, Gas

  • Appliances

    Gas Cooking

  • Flooring

    Hardwood, Tile

  • Roof

    Composition

  • Lot Information

    Few Trees, Level

  • Water Source

    Public

  • Sewer

    Public Sewer

Mortgage calculator

Estimated monthly payment

$2,050 /mo

7% rate · 30-yr fixed · 20% down

  • Principal & interest $1,649
  • Property tax $310
  • Insurance $90

Includes principal, interest, taxes & insurance.

Your Property Journey

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Listing Broker

eXp Realty, LLC

Broker Name

eXp Realty, LLC

Agent

Ashley Wisch