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$176,900
3 Beds
1 Bath1 full bath
1,433sqft
1589 E Mclemore Ave, Memphis, TN 38106
$176,900
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Single Family Residence
Built in 1927
$-- HOA
6,098.4 sqft lot
$123/sq.ft
Description
This property is leased at $1,325 per month through 06/02/2028, with a cash-on-cash return of 5.76% and a monthly cash flow of $243.47. Renovated property positioned for strong rental performance with thoughtful updates throughout. Major improvements include a new roof with updated decking, new HVAC system (furnace and AC), and full interior repaint with modern finishes. Kitchen has been refreshed with painted cabinets, new countertops, sink, and fixtures, while bathrooms feature updated toilets and repairs. Additional upgrades include smart locks, improved insulation, and exterior concrete repairs with fresh paint. Clean, functional layout with durable, low-maintenance ...
Continue Reading- Houzeo last checked: 6 Minutes ago
- Listing updated: June 4, 2026 at 7:12 pm
- Listing Provided by: James Wachob (901) 459-2996 | Foundation Property Management (901) 633-1484
- Source: Memphis MLS (MAARMLS)-TN | MLS#: 10195308
Property Details
Status
Active
Type
Single Family Residence
No. of Stories
1
County
City
Neighborhood
Year Built
1927
HOA Fees
-
Finished Area
1,433 sqft
Lot Size
6,098.4 sqft lot
Basement Area
- sqft
MLS Name
Memphis MLS (MAARMLS)
MLS Number
10195308
MLS Status
Active
Days on Market
403
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