Off market since Sep 2026

The Story

538 East Mckellar Avenue

Memphis, TN 38106 · Home

Solid 3 bedroom, 2 bath investment property, offered as a turnkey investment. A long-term tenant is currently in place on a month-to-month lease, paying $1,073/month, delivering immediate cash flow from close with no vacancy or lease-up period. Property will not be shown until an offer is accepted — buyer to underwrite on rent roll and photos, with inspection contingency as needed. Cash or conventional financing only; no creative financing (no seller financing, subject-to, wraps, or lease-options will be considered). Highlights: 3 bed / 2 bath Long-term tenant in place, month-to-month Current rent: $1,073/month No showings prior to accepted offer Cash or conventional financing only — no creative financing


Facts & Features

Property Info

Price
$89,900
Completion Year
1,928
Floors
1
Bedrooms
3
Bathrooms
2
Garage
1 spaces

Features & Amenities

Garage / Parking

1 space

Cooling

Central Air

Heating

Central

Roof

Composition, Shingle

Lot Information

Level

Listing Broker

Renshaw Company, REALTORS

Broker Name

Renshaw Company, REALTORS

Agent

Caleb Parr

Location

Memphis TN 38120