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.
Listed By
Agency Name: Evernest Too, LLC
Shown By
Agent Name: Joy Leerskov
Agent Phone: (901) 299-9325
Agency Title: Crye-Leike Real Estate Services
Estimated Payment
$ 390.17 per month $344.96 Principal & Interest $0.00 Property Tax (data not provided by mls) $45.21 Homeowner's Insurance
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 joy.crye-leike.com today.