742 ARCHIE DR, Memphis, TN 38127
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$ 79,900
Est. payment | /mo

3 Beds

1 Bath


Save
$ 79,900
Est. payment | /mo
Save

3 Beds

1 Bath

Key Details

Property Type Single Family Home

Sub Type Detached Single Family

Listing Status Active

Purchase Type For Sale

Subdivision Northaven Blk C

MLS Listing ID 10230875

Style Traditional

Bedrooms 3

Full Baths 1

Year Built 1972

Annual Tax Amount $695

Property Sub-Type Detached Single Family

Property Description

Solid 3 bedroom, 1 bath investment property in Memphis's Northaven area, partially brick construction. A long-term tenant is currently in place on a month-to-month lease, paying $800/month, delivering immediate cash flow from close with no vacancy or lease-up period. County taxes only — no city tax burden. Property will not be shown until an offer is accepted — buyer to underwrite on rent roll and photos, with inspection contingency as needed. Cash or conventional financing only; no creative financing (no seller financing, subject-to, wraps, or lease-options will be considered). Highlights: 3 bed / 1 bath, partially brick Northaven area of Memphis County taxes only Long-term tenant in place, month-to-month Current rent: $800/month No showings prior to accepted offer Cash or conventional financing only — no creative financing

Location

State TN

County Shelby

Area Northaven

Rooms

Master Bedroom 0

Dining Room 0

Kitchen Separate Living Room

Interior

Heating Central

Cooling Central

Flooring Other (See REMARKS)

Exterior

Exterior Feature Brick Veneer

Parking Features Driveway/Pad

Pool None

Roof Type Composition Shingles

Private Pool Yes

Building

Lot Description Level

Story 1

Foundation Slab

Others

Miscellaneous Wrought Iron Security Drs

Listed by Caleb Parr • Renshaw Company, REALTORS

Nearby Locations

Carla Faye Torkelson

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

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742 ARCHIE DR