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Street View
$124,900
Monthly Est:$622
4 Beds
2 Baths2 full baths
1,165sqft
194 E Biscayne Rd, Memphis, TN 38109
$124,900
$622/moEst:
Get Pre-Approved
Single Family Residence
Built in 1956
$-- HOA
13,939.2 sqft lot
$107/sq.ft
Description
VA/FHA Approved home! Seller offering rate buy down on DSCR loans for this property and a 1 year everything warranty also 4 bed, 2 bath brick home in Memphis fully renovated, this property is generating income from day one. No rehab costs, no holding costs while you wait on repairs, just collect the rent checks from the property manager! This home is rented at $1195 on an annual Section 8 lease putting your potential gross yield in the 10-12% range at asking price. (do your own due diligence) Solid numbers for a single-family buy and hold. The brick construction means low exterior maintenance and durability that newer vinyl sided homes can't match. Updates are already done, so your capital goes toward acquiring the asset, not fixing it. Memphis continues to attract investors with its low entry prices, strong rental demand, and landlord-friendly Tennessee laws like no rent control, straightforward eviction process, and no state income tax.
- Houzeo last checked: 13 minutes ago
- Listing updated: August 20, 2026 at 7:34 pm
- Listing Provided by: Alissa Anderson (612) 227-1343 | KAIZEN Realty, LLC (901) 221-4041
- Source: Memphis MLS (MAARMLS)-TN | MLS#: 10224807
Property Details
Status
Active
Type
Single Family Residence
No. of Stories
1
County
City
Neighborhood
--
Year Built
1956
HOA Fees
-
Finished Area
1,165 sqft
Lot Size
13,939.2 sqft lot
Basement Area
- sqft
MLS Name
Memphis MLS (MAARMLS)
MLS Number
10224807
MLS Status
Active
Days on Market
107
Cumulative Days on Market
56
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 4
Bathrooms: 2
Interior
Cooling
No Cooling
Interior Features
Eat In Kitchen, Vinyl/luxury Vinyl Floor, 1 Or More Br Down, All Bedrooms Down, Full Bath Down, Vinyl/luxury Vinyl Floor
Exterior Features
Porch
Flooring
Vinyl/luxury Vinyl Floor
Heating
Wall Unit
Construction
Year Built
Year Built: 1956
Home type
Single Family Residence
Construction Materials
Brick Veneer
Architectural Style
Traditional
Utilities & Energy
Pool Features
None
Parking Features
Driveway/pad, On Street Parking
Other Features
Subdivision Name
Barton Heights 1st Add
Lot Features
Wooded
Price History
| Date | Event | Price |
|---|---|---|
08/20/2026 Source: | Listed for Sale | $124,900 -3.55% $107/sqft |
05/11/2026 Source: | Price Increased | $129,500 +3.68% $111/sqft |
03/17/2026 Source: | Off Market | $124,900 $107/sqft |
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Based on information from the Memphis Area Association of REALTORS(R) (alternatively, from the Memphis Area Association of REALTORS® MLS) through Oct 10, 2026, 05:00PM. The information provided is for the consumer's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties that the consumer may be interested in purchasing. Information deemed reliable but is not guaranteed accurate. Some or all of the listings displayed may not belong to the firm whose website is being visited. Listing content and images Copyright 2026 Memphis Area Association of REALTORS®. Information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Do not rely upon listing data without independently verifying it. © 2025 Memphis Area Association of REALTORS®. All Rights Reserved. Angela Fowler Real Estate, LLC | 423.320.4620 Mailing Address: 452 Kailors Cove Cir, Ringgold, GA 30736
Advertising Broker: Angela Fowler | Angela Fowler Real Estate, LLC.