$125,000
 $671 est/mo Sourced by Back At You

1188 Tanglewood St,Memphis, TN 38114

Memphis, TN 38114

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Description

ATTENTION INVESTORS! Tenant-occupied investment opportunity on a desirable corner lot just 0.5 miles from the Cooper-Young Historic District. The property is currently rented for $935/month to a stable, long-term tenant who has occupied the home since 2015. The lease is in place through April 30, 2027, with current rent and a consistent payment history. The home features a spacious den with a fireplace, separate dining room, updated kitchen, and a private, fenced backyard. Conveniently located near the shops, dining, and entertainment of Cooper-Young, this property offers an attractive combination of established rental income and long-term value-add potential. Don't miss the opportunity to add this gem to your portfolio! Professionally managed, please do not disturb tenant. Lease and tenant ledger available upon request. Professionally managed. Please do not disturb the tenant. No wholesale, owner financing, or creative financing offers.

Details

MLS #10226802
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusActive
Year1924
Days On Site109
Listing Provided ByKAIZEN Realty, LLC | Jeremy Veldman

Features

Bed(s)2
Bath(s) 1 Total
Story(s)1
Acreage0.17
Property ViewLevel

Interior

Number Of Rooms5
CoolingCentral
HeatingCentral

Exterior

Lot DescriptionLevel

Area Information

StateTN
CountyShelby
CityMemphis
Zip Code38114
AreaSouth Memphis | Glenview
Subarea748C
Community NameTANGLEWOOD TERRACE
Listing VS Median (in TANGLEWOOD TERRACE)
Price:
$125,000
low | high
Med:
$0
On site:
109
low | high
Med:
Sourced by Back At You

Market Activity 38114

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Additional Information


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Learn More About This Property

StateTN
CountyShelby
CityMemphis
Zip Code38114
AreaSouth Memphis | Glenview
Subarea748C
Community NameTANGLEWOOD TERRACE
Listing VS Median (in TANGLEWOOD TERRACE)
Price:
$125,000
low | high
Med:
$0
On site:
109
low | high
Med:
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $93K - $156K
sqft: 0 - 0
Nearby Listings Property ImageNearby Listings Details
2047 WAVERLY AVE E Property Photo 1
$125,000
2047 Waverly Ave E
Memphis, TN 38114
Listing Updated: November 6, 2026 at 7:13:07 PM PST