This 2-bedroom, 1-bath brick home in Memphis, TN 38105 offers 675 square feet of potential in the heart of the medical district. Built in 1970, the property sits near I-40 and Le Bonheur Children's Hospital, positioning it for strong rental demand from medical professionals and students. Sold strictly cash and as-is, this investment opportunity requires full rehabilitation but rewards serious…
The Story
862 Mosby Ave, Memphis, Tn 38105
This 2-bedroom, 1-bath brick home in Memphis, TN 38105 offers 675 square feet of potential in the heart of the medical district. Built in 1970, the property sits near I-40 and Le Bonheur Children's Hospital, positioning it for strong rental demand from medical professionals and students. Sold strictly cash and as-is, this investment opportunity requires full rehabilitation but rewards serious buyers with a prime location-driven asset.
The brick construction and proximity to the expanding medical hub create multiple revenue streams once restored. Long-term rentals for healthcare workers, short-term Airbnb stays, and owner-occupant resale all represent viable paths in this emerging neighborhood.
Located steps from major medical facilities and highway access, this property connects investors to Memphis's growing healthcare economy.
Facts & Features
Property Info
Price
$65,000
Completion Year
1,970
Living Space
675 sq ft
Bedrooms
2
Bathrooms
1
Lot size
0.06 acres
Features & Amenities
Garden
Lush greenery that creates calm surroundings and natural shade.
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