4-bedroom, 1-bath investment property priced at just $49,500. With an estimated $27,000 in repairs, this home is ideal for investors seeking a solid value-add project with strong cash flow potential. Key Highlights: Located in Memphis’ 38109 ZIP — a high-demand rental area minutes from Downtown, Surrounded by active investor activity and long-term community growth, Section 8 rental comps in the area average $1,400/month, with consistent demand for 4-bedroom units. This property offers a chance to build equity and generate reliable rental income in a growing submarket. Perfect for a buy-and-hold investor or someone looking to build a small rental portfolio. Being sold as-is.
For sale
$49,500
115 E Dempster Ave, Memphis, TN 38109
4beds
--sqft
Est.:
Single Family Residence
Built in 1936
7,405.2 Square Feet Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 58 days
- on Zillow |
- 208 |
- 14 |
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