Property Attributes
- MLS#10227240
- TypeSingle Family
- Listing Status Active
- CountySHELBY
- CityMemphis
- AreaHarbor Town-Downtown
- NeighborhoodR P WOODSON
- Zip38107
- StyleTraditional
- Year Built2025
- Taxes$ 102
- Price$ 216,000
- Bedrooms4
- Full Bathrooms2
- Half Bathrooms0
- Sqr Footage1300
- Lot Size0.14 Acres
Data Source:
Memphis MLS (MAAR)
Property Description
Turnkey Memphis Rental Portfolio! 4 newly built (within 3 yrs) single-family homes, ~1,300 SF, 4BR/2BA each, 100% occupied and cash-flowing now. Current gross income $74,160/yr, projected $85,972 by Yr 5. Combined appraised value $862K. Energy-efficient construction, minimal CapEx, consistent floor plans across all four homes. Ideal for investors seeking stabilized cash flow, a 1031 exchange, or a low-maintenance addition to their portfolio. Schedule your private showing today! Want me to tune either one toward a specific keyword focus (e.g. "Memphis turnkey rental portfolio," "new construction investment property," "1031 exchange Memphis")? HOME COME WITH NO APPLIANCES
| Price History | |
|---|---|
| 7/30/2026 | Listed $216,000 |
General Features
| Heating | Electric |
|---|---|
| Cooling | Central |
| Status | Active |
| Full Baths | 2 |
| Legal Subdivision Name | R P WOODSON |
| Style | Traditional |
| Stories Count | 11 |
| County | Shelby |
| Class | Residential |
| Type | Detached Single Family |
| Condo | No |
| Area | 741D |
| Parcel Number | 021031 00041 |
| Status | Active |
| Annual City Tax | 50 |
| Annual County Tax | 52 |
| Sale/Rent | For Sale |
| Area | Harbor Town/Downtown |
| Service Type | Full Service Listing |
| Neighborhood Association | None |
| Year Built | 2025 |
| Directions | From downtown Memphis: head north on Danny Thomas Blvd or I-240,exit at Chelsea Ave or N. Watkins St heading east,then turn onto Barrett Pl. |
| City | Memphis |
| DOM | 50 |
Interior Features
| Living Room | Separate Living Room,Eat-In Kitchen,Washer/Dryer Connections |
|---|---|
| Living Room Dimensions | 11X11 |
| Beds | 4 |
| Total Baths | 2 |
| Number of Rooms | 8 |
| Downstairs Bedrooms | 4 |
| FLOORS/CEILINGS | Tile,Concrete Floor |
Exterior Features
| Pool | None |
|---|---|
| Lot | 19 |
| Lot Size Area | 0.14 |
| Lot Size | 50X125 |
| Parking Display | No |
| Lot Description | Landscaped |
| PARKING/STORAGE | Driveway/Pad |
| EXTERIOR/WINDOWS | Wood/Composition |
| 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
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