Address
516 Jeanne Dr, Memphis, TN
Price
$ 135,000
Property Attributes
- MLS#10219710
- TypeSingle Family
- Listing Status Active
- CountySHELBY
- CityMemphis
- AreaWhitehaven-Graves
- NeighborhoodWHITEHAVEN PARK 5TH ADD
- Zip38109
- StyleTraditional
- Year Built1953
- Taxes$ 1897
- Price$ 135,000
- Bedrooms3
- Full Bathrooms1
- Half Bathrooms0
- Sqr Footage1489
- Lot Size0.36 Acres
Data Source:
Memphis MLS (MAAR)
Property Description
Renovated in 2024, this income-producing property is a strong opportunity for investors seeking a turnkey, rent-ready asset with professional management already in place. The home offers a functional layout featuring a spacious living area, updated finishes, and well-sized bedrooms designed for comfortable living. Exterior highlights include a large backyard and ample parking, adding to long-term tenant appeal. Currently tenant-occupied and professionally managed by Mid South Best Rentals, this property provides immediate cash flow and a seamless transition for the new owner. The lease will remain in place, with all tenant rights transferring —making this a true hassle-free investment opportunity. Drive-by only; do not disturb tenant. Leased through January 2027.
| Price History | |
|---|---|
| 4/21/2026 | Listed $135,000 |
General Features
| Heating | Central |
|---|---|
| Cooling | Central |
| Roof | Composition Shingles |
| Fireplaces | 1 |
| Status | Active |
| Full Baths | 1 |
| Legal Subdivision Name | WHITEHAVEN PARK FIFTH ADDN |
| Style | Traditional |
| Stories Count | 1 |
| County | Shelby |
| Class | Residential |
| Type | Detached Single Family |
| Condo | No |
| Area | 763E |
| Parcel Number | 076019 00013 |
| Status | Active |
| Annual City Tax | 929 |
| Annual County Tax | 968 |
| Sale/Rent | For Sale |
| Area | Whitehaven/Graves |
| Service Type | Full Service Listing |
| Neighborhood Association | None |
| Year Built | 1953 |
| Directions | From Millbranch Rd and E Raines Rd,head West on E Raines Rd. Go past Orleans Rd. Take a right on Alice Dr. Then a right on Jeanne Dr. House is on the left. |
| City | Memphis |
| DOM | 150 |
Interior Features
| Living Room | Separate Living Room |
|---|---|
| Beds | 3 |
| Total Baths | 1 |
| Fireplace | Decorative Only |
| Number of Rooms | 6 |
| Downstairs Bedrooms | 3 |
| FLOORS/CEILINGS | Part Carpet,Textured Ceiling |
| BEDROOM 3 DESCRIPTION | Level 1 |
| BEDROOM 2 DESCRIPTION | Level 1 |
Exterior Features
| Foundation | Conventional |
|---|---|
| Pool | None |
| Lot | 39 |
| Lot Size Area | 0.36 |
| Water & Sewer | Public Sewer,Public Water |
| Lot Size | 92X175 |
| Parking Display | No |
| Lot Description | Some Trees |
| PARKING/STORAGE | Driveway/Pad |
| EXTERIOR/WINDOWS | Brick Veneer |
| Misc. Exterior | Porch |
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 38109
Price
Taxes
Year Built
Visits
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