Memphis, TN 38118
$152,500.00
Welcome to this impeccably maintained, move-in ready home—an ideal opportunity for first-time buyers and savvy investors alike. This charming residence features 3 bedrooms and 1.5 baths, offering comfortable living with plenty of space to enjoy. A spacious living and dining room combination creates the perfect setting for entertaining guests, hosting family gatherings, or relaxing at home. The kitchen has been tastefully updated with new appliances, including a stove/range, washer, and a stylish French-door refrigerator featuring double doors on top with a convenient bottom freezer drawer. Additional kitchen upgrades include new lower cabinets, faux marble countertops, a new sink with a modern gooseneck faucet, and a timeless white subway tile backsplash for a fresh, updated feel. Large-format tile finishes the kitchen and baths, while original hardwood floors add warmth and character throughout much of the home. Step outside to a spacious backyard featuring a concrete patio area and a large shed, providing excellent storage and room to enjoy outdoor gatherings, gardening, or weekend relaxation. Whether you’re searching for the perfect starter home, downsizing, or seeking a low-maintenance investment property, this home offers versatility, updates, and value. Eligible buyers may qualify for City of Memphis down payment assistance, with programs offering up to 10% of the sales price to assist with homeownership costs (buyer eligibility and program requirements apply). For added peace of mind, a 1-year home warranty is included. Investors will appreciate the attractive cap rate of approximately 7.01% at the list price of $150,000, making this an appealing addition to any portfolio. Homes offering this combination of updates, affordability, incentives, and potential do not last long—schedule your private showing today and see all this property has to offer!
Based on information submitted to the MLS GRID as of 2026-05-26T19:37:24+00:00. All data is obtained from various sources and may not have been verified by broker or MLS GRID.
Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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Currently active listing
19 hours ago • May 26, 2026
6 days on market
$152,500.00