Description
GREAT INVESTMENT OPPORTUNITY!!! Tenant-occupied investment opportunity in Memphis's Park Grove subdivision, minutes from the University of Memphis. This 2 bedroom, 1 bath home sits on a 0.19 acre lot with a paying $1,040, month-to-month tenant in place at closing, no vacancy downtime for a buy-and-hold investor. Sold as-is. Property is tenant-occupied, no showings prior to an accepted offer, inspection access coordinated after acceptance. Strong candidate for an investor comfortable with value-add repairs. Do not disturb tenant. All documents available upon request. No wholesale, seller financing, or creative offers.
Details
| MLS # | 10226415 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1941 |
| Days On Site | 83 |
| Listing Provided By | Groome & Co. | Faith Risser |
Features
| Bed(s) | 2 |
|---|---|
| Bath(s) | 1 Total |
| Story(s) | 1 |
| Acreage | 0.19 |
| Property View | Other (See Remarks) |
Interior
| Number Of Rooms | 2 |
|---|---|
| Cooling | Other (See REMARKS) |
| Heating | Other (See REMARKS) |
Exterior
| Lot Description | Other (See Remarks) |
|---|
Area Information
| State | TN |
|---|---|
| County | Shelby |
| City | Memphis |
| Zip Code | 38111 |
| Area | Pendleton | Park |
| Subarea | 757D |
| Community Name | PARK GROVE |
| Listing VS Median (in PARK GROVE) | |
Price: $112,000 low | high Med: $0 On site: 83 low | high Med: | |
Market Activity 38111
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Learn More About This Property
| State | TN |
|---|---|
| County | Shelby |
| City | Memphis |
| Zip Code | 38111 |
| Area | Pendleton | Park |
| Subarea | 757D |
| Community Name | PARK GROVE |
| Listing VS Median (in PARK GROVE) | |
Price: $112,000 low | high Med: $0 On site: 83 low | high Med: | |
Nearby Listings (Within 1/4 mile)
Price: $84K - $140K
sqft: 0 - 0
Listing Updated: October 6, 2026 at 3:15:00 PM PDT