6895 E Water Point Cv, Memphis, TN 38141

$390,000

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Sold Price
$390,000
List Price
$425,000
Status
CLOSED
Days on Market
16
Closing Date
Jun 17, 2026
MLS#
10222850
Year Built
1994
Subdivision
LAKE POINT (THE VILLAGE OF)

Property Description

Investor Opportunity! Owner/Agent offering a unique portfolio sale consisting of 5 income-producing homes on 3 parcels: 4106 Knight Arnold Rd, 4946 Churnak Cove, and 6895 E Water Point Cove. Portfolio includes 2 cottages and 3 single-family homes, all currently occupied by long-term tenants on month-to-month leases. Immediate rental income in place with flexibility for future repositioning, rent adjustments, renovations, resale, or continued investment hold. Properties are located in multiple areas of Memphis, providing diversification within a single acquisition. Excellent opportunity for investors seeking cash flow from day one while retaining the option to make future improvements or ownership changes as leases expire. Properties are being sold together as a package. Do not disturb tenants. Showings and inspections subject to accepted contract and seller approval. Proof of funds or lender qualification required with offers. Contact agent for parcel information, rent roll, or other.

Additional Information

Exterior Construction
Brick, Brick/Veneer
Stories
1
Roof
Composition
Foundation
Slab

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Harbur Realty. Selling Office: Harbur Realty.

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