Bill Bates
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1472 E Holmes Rd, Memphis, TN 38116

$155,000
  • 1472 E Holmes Rd, Memphis, TN 38116 Main Photo

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New to the Market Active
BEDS3 BATHS1 full 1 partial MLS#10219670
STATUSActive PROPERTY TYPEResidential - Single Family SUBDIVISIONWHITEHAVEN VIEW 2ND ADD NEIGHBORHOODWhitehaven-Southland Mall

Property Description

Investor Opportunity ? Turnkey Rental with Long-Term Tenant Located at 1472 E Holmes Rd, Memphis, TN, this income-producing property is a solid addition to any rental portfolio. Currently generating $1,185/month in rent, this home offers immediate cash flow with a reliable tenant in place for over 10 years?a rare and valuable advantage for investors seeking stability. This property minimizes vacancy risk and startup costs, making it ideal for both seasoned investors and those looking to expand their holdings with a proven performer. The long-term occupancy reflects tenant satisfaction and consistent payment history, adding confidence to your investment. Highlights: ?? Steady rental income: $1,185/month ?? Established tenant of 10+ years ?? Turnkey investment ? start earning from day one ?? Convenient Memphis location with strong rental demand Whether you're building your portfolio or looking for a dependable, low-maintenance asset, this property checks all the boxes.

1472 E Holmes Rd | MLS# 10219670

This single family home located at 1472 E Holmes Rd, Memphis, TN 38116 is currently listed for sale with an asking price of $155,000. This property was built in 1960 and has 3 bedrooms and 1 full and 1 partial baths. E Holmes Rd is located in the WHITEHAVEN VIEW 2ND ADD subdivision. Search WHITEHAVEN VIEW 2ND ADD real estate on bill.crye-leike.com today.

Property Features

Property Type: Residential - Single Family
Cooling: Central
Fenced: Yes
Fireplaces: 1
Heating: Central
Home Style: Traditional
Lot Size: 0.27 Acres
Year Built: 1960

Feature Descriptions

Bed and Bath: All Bedrooms Down, Primary Down, Full Bath Down
Days on Site: 1
Exterior: Wood Fence
Exterior/ Windows: Aluminum Window(s), Brick Veneer
Floors/ Ceilings: Part Carpet, Tile, Vinyl/Luxury Vinyl Floor
Living/ Dining Room: Separate Dining Room, Separate Living Room
Lot: Level, Some Trees, Wood Fenced
Parking/ Storage: Driveway/Pad
Total Rooms: 8

Room Sizes

Dining Area: 0
Den/ Great Room: 0
Living room: 0

Listed By / Shown By

Listed By

Agency Name: Evernest Too, LLC

Shown By

Agent Name: Bill Bates
Agent Phone: (901) 461-6677
Agency Title: Crye-Leike Real Estate Services

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Source: MAAR MLS

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Estimated Payment

$ 390.17 per month $344.96 Principal & Interest $0.00 Property Tax (data not provided by mls) $45.21 Homeowner's Insurance

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