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1428 Smythe Ave, Unit 58, Memphis, TN 38114

$80,000
  • 1428 Smythe Ave, Unit 58, Memphis, TN 38114 Main Photo

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Active
BEDS2 BATHS1 full MLS#10196660
STATUSActive PROPERTY TYPEResidential - Single Family SUBDIVISIONCHEROKEE NEIGHBORHOODPendleton-Park

Property Description

This property is leased at 865 per month (10,380 annually) through 08/16/2026, with a cash-on-cash return of 6.97% and a monthly cash flow of $153.92. "All investment figures are estimates and verified independently by buyer." This 2-bedroom, 1-bath home features original hardwood floors, central heat and air, ceiling fans, window coverings, laundry hookups, and a functional kitchen with ample cabinet and counter space. The property has been updated and shows solid overall condition with a clean, well-kept interior and durable exterior construction. Built in 1950, it offers low-maintenance appeal and strong long-term rental potential. Conveniently located near schools, parks, shopping, and major commuter routes, making it an attractive option for a wide range of tenants and future occupants. Financials available upon request. No wholesalers, assignments, or creative financing! PROFESSIONALLY MANAGED IN-HOUSE Owner Financing Available

1428 Smythe Ave, Unit 58 | MLS# 10196660

This single family home located at 1428 Smythe Ave, Unit 58, Memphis, TN 38114 is currently listed for sale with an asking price of $80,000. This property was built in 1950 and has 2 bedrooms and 1 full baths. Smythe Ave, Unit 58 is located in the CHEROKEE subdivision. Search CHEROKEE real estate on www.clcommercialrealestate.com today.

Property Features

Property Type: Residential - Single Family
Cooling: Central
Heating: Central
Home Style: Traditional
Lot Size: 5.93 Acres
Year Built: 1950

Feature Descriptions

Bed and Bath: All Bedrooms Down
Days on Site: 390
Exterior/ Windows: Brick Veneer, Other (See Remarks)
Floors/ Ceilings: Part Carpet
Living/ Dining Room: Separate Dining Room
Lot: Level
Parking/ Storage: Driveway/Pad
Total Rooms: 2

Listed By / Shown By

Listed By

Agency Name: Foundation Property Management

Shown By

Agency Title: Crye-Leike Real Estate Services
Agency Phone: 866-253-4666

IDX logo

Source: MAAR MLS

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Estimated Payment

$ 201.38 per month $178.05 Principal & Interest $0.00 Property Tax (data not provided by mls) $23.33 Homeowner's Insurance

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