The Story

742 Archie Drive

Memphis, TN 38127 · Home

Solid 3 bedroom, 1 bath investment property in Memphis's Northaven area, partially brick construction. A long-term tenant is currently in place on a month-to-month lease, paying $800/month, delivering immediate cash flow from close with no vacancy or lease-up period. County taxes only — no city tax burden. 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 / 1 bath, partially brick Northaven area of Memphis County taxes only Long-term tenant in place, month-to-month Current rent: $800/month No showings prior to accepted offer Cash or conventional financing only — no creative financing


Facts & Features

Property Info

Price
$79,900
Completion Year
1,972
Floors
1
Bedrooms
3
Bathrooms
1

Features & Amenities

Cooling

Central Air

Heating

Central

Roof

Composition, Shingle

Lot Information

Level

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Listing Broker

Renshaw Company, REALTORS

Broker Name

Renshaw Company, REALTORS

Agent

Caleb Parr

Location

Memphis TN 38120