Seller Financing
Address
1534 Gabay St, Memphis, TN
Price
$ 95,000
Property Attributes
  • MLS#10214303
  • TypeSingle Family
  • Listing Status Active
  • CountySHELBY
  • CityMemphis
  • AreaSouth Memphis-61 Hwy
  • NeighborhoodGABAY
  • Zip38106
  • StyleTraditional
  • Year Built1950
  • Taxes$ 1056
  • Price$ 95,000
  • Bedrooms2
  • Full Bathrooms1
  • Half Bathrooms0
  • Sqr Footage732
  • Lot Size0.09 Acres
Data Source:
Memphis MLS (MAAR)
Property Description

INVESTORS ONLY! Tenant-occupied rental property generating $770/month with a stable long-term tenant that has occupied the property since 2021. Truly turnkey—nothing to do but collect rent. Professionally managed with lease, ledger, and maintenance records available upon request. Seller is also offering 654 Nonconnah and 3399 Beech Grove; properties may be purchased individually or as a package. No wholesale, assignments, creative, or owner financing. Please do not disturb tenant.

Price History
2/10/2026 Listed $95,000

General Features

Heating Central
Cooling Central
Status Active
Full Baths 1
Legal Subdivision Name GABSY
Style Traditional
Stories Count 1
County Shelby
Class Residential
Type Detached Single Family
Condo No
Area 747B
Parcel Number 034042 00001
Status Active
Annual City Tax 517
Annual County Tax 539
Sale/Rent For Sale
Area South Memphis/61 Hwy
Service Type Full Service Listing
Neighborhood Association None
Year Built 1950
Directions Get on I-240 W. Take exit 28B for S Pkwy W. Merge onto S Pkwy E. Turn left onto Gabay St.
City Memphis
DOM 219

Interior Features

Dining Room 10x10
Living Room Eat-In Kitchen
Living Room Dimensions 10x10
Beds 2
Total Baths 1
Number of Rooms 4
Downstairs Bedrooms 2
FLOORS/CEILINGS Part Carpet

Exterior Features

Pool None
Lot 133-134
Lot Size Area 0.09
Lot Size 50X82
Parking Display No
Lot Description Level
PARKING/STORAGE Driveway/Pad
EXTERIOR/WINDOWS Other (See Remarks)
Misc. Exterior Patio

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 38106

Price
AVG $90K
$100K
Taxes
AVG $836
$1,056
Year Built
AVG 1949
1950
Visits
AVG 80
225
Data Provided by Inside Real Estate®