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4355 Melwood St, Memphis, TN 38109

$82,500
  • 4355 Melwood St, Memphis, TN 38109 Main Photo

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Pending
BEDS3 BATHS1 full MLS#10216933
STATUSPending PROPERTY TYPEResidential - Single Family SUBDIVISIONCHICKASAW VILLAGE 2ND ADD NEIGHBORHOODCoro Lake

Property Description

This property is leased at $995 per month ($11,940 annually) through 03/02/2028, with a cash-on-cash return of 12.87% and a monthly cash flow of $290.91. "All investment figures are estimates and verified independently by buyer." Turnkey investment opportunity featuring a well-maintained brick home designed for dependable, long-term performance. The property offers hard-surface flooring throughout, a bright living area, an updated kitchen with shaker-style cabinetry, central heat and air, and a spacious fenced backyard that enhances resident appeal. Recent improvements and durable finishes help minimize future turn costs, while the functional floor plan supports strong rental demand. With solid curb appeal and a clean, well-kept condition, this is an excellent addition to any portfolio seeking stability, efficiency, and consistent cash-flow potential. Financials available upon request. No wholesalers, assignments, or creative financing! PROFESSIONALLY MANAGED IN-HOUSE

4355 Melwood St | MLS# 10216933

This single family home located at 4355 Melwood St, Memphis, TN 38109 is currently listed for sale with an asking price of $82,500. This property was built in 1952 and has 3 bedrooms and 1 full baths. Melwood St is located in the CHICKASAW VILLAGE 2ND ADD subdivision. Search CHICKASAW VILLAGE 2ND ADD real estate on www.clcommercialrealestate.com today.

Property Features

Property Type: Residential - Single Family
Cooling: Central
Heating: Central
Home Style: Traditional
Lot Size: 0.15 Acres
Year Built: 1952

Feature Descriptions

Bed and Bath: All Bedrooms Down
Days on Site: 90
Exterior: Porch
Floors/ Ceilings: Hardwood Throughout
Living/ Dining Room: Separate Living Room, Separate Dining Room
Lot: Level
Parking/ Storage: Driveway/Pad
Total Rooms: 5

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

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Source: MAAR MLS

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Estimated Payment

$ 207.67 per month $183.61 Principal & Interest $0.00 Property Tax (data not provided by mls) $24.06 Homeowner's Insurance

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