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862 S Lauderdale St S

Memphis, TN 38126
  • $99,500
  • STATUS: Active
  • ON SITE: 336 Days
  • ID#: 10168024
UPDATED: 68 min ago
$99,500
  • 3
    BEDS
  • 0.18
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 1200-1399
    SQFT
  • $77
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1917
County:

School Ratings & Info

Description

Investor Special! This cash cow is tenant occupied with rent at $1200 a month. The home has fully renovated with new tile floors, new paint, fully updated bathrooms/ kitchen, new roof and plumbing! Add this asset with over a 13% cap rate to your portfolio today!

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© 2025 Memphis Area Association of REALTORS®. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Your New Home Key | Centric Realty LLC. Some or all of the listings displayed may not belong to the firm whose website is being visited. Data last updated: 2025-02-15T13:03:38.423.
www.yournewhomekey.com/homes/148639767
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862 S Lauderdale St S Memphis, TN 38126

  • Price: $99,500
  • Status: Active
  • On Site: 336 Days
  • Updated: 68 min ago
  • ID#: 10168024
3
Beds
2
Baths
0
½ Baths
0.18
Acres
1200-1399
SQFT
$77
$/SQFT
1917
Built
Neighborhood:
Alston
County:
Shelby
Area:
South Bluffs/Downtown
Property Description
Investor Special! This cash cow is tenant occupied with rent at $1200 a month. The home has fully renovated with new tile floors, new paint, fully updated bathrooms/ kitchen, new roof and plumbing! Add this asset with over a 13% cap rate to your portfolio today!
Exterior Features

Covered Parking Spaces 0 Exterior And Windows Wood/Composition Lot Description Chain Fenced Lot Size 51X157 Misc Exterior Porch Parking And Storage Driveway/Pad Parking Display 0 Pool Description None Style Traditional

Interior Features

1st Story Floor Plan 2 or More BathsDining RoomKitchenLiving RoomPrimary Bedroom Additional Bed Bath Info All Bedrooms Down Bedroom2 Description Hardwood Floor Bedroom3 Description Hardwood Floor Bedrooms Down 3 Cooling Other (See REMARKS) Den Great Room Dimensions X Dining Room Dimensions X Floors And Ceilings Hardwood Throughout Heating Other (See REMARKS) Interior Equipment Range/Oven Living Dining Kitchen Separate Dining RoomWasher/Dryer Connections Living Room Dimensions X Primary Bedroom Full BathHardwood Floor Primary Bedroom Dimensions X Rooms 6 Total Baths 2

Property Features

Annual City Tax 209 Annual County Tax 263 Condo No Detached Unit Type General Residential Legal Subdivision Name ALSTON Lot Number 5 Neighborhood Association None Prop Construction Status Existing Property Warranty And Possession Addendums Possession at Closing

Listing information © 2025 Memphis Area Association of REALTORS®.
Listing provided courtesy of Tiger Realty: 901-872-0996.



© 2025 Memphis Area Association of REALTORS®. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Your New Home Key | Centric Realty LLC. Some or all of the listings displayed may not belong to the firm whose website is being visited. Data last updated: 2025-02-15T13:03:38.423.
 
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Your New Home Key | Centric Realty LLC
813 Ridge Lake Blvd
Memphis TN, 38120