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1184 Saxon Ave, Memphis, TN 38106

$75,000
2
BD
1
BA
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List Price
$75,000
Status
ACTIVE
Days on Market
37
MLS#
10228607
Style
Traditional
Year Built
1930
Bedrooms
2
Bathrooms
1
Full Baths
1
Lot Size
50X150
Acres
0.17
Subdivision
GOODLOE & MARTIN BLK 3
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+1 (901) 800-8268

Property Description

BACK ON THE MARKET THROUGH NO FAULT OF THE SELLER OR THE PROPERTY Make this your first rental or add this to your existing rental portfolio! This property would be perfect for a DSCR loan and it meets the 1% rule that most investors look for. The tenant pays $1000 per month (Section 8) - $796 is paid by MHA and $204 is paid by the tenant. Tenant has been in the property three years now and wants to stay. The lease was up 7/31/2026 and the tenant is now month to month. The home was updated a few years ago and the roof is 2 years old, furnace is 5 years old. This home is located minutes from LeMoyne Owen College, Stax Museum, Midtown and Downtown. Call for more information! No seller financing offers or wholesalers. (The interior pictures in MLS were taken before the tenant moved in)

+1 (901) 800-8268
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Additional Information

Property Description
Traditional
Heating
Central
Air Conditioning
Window Unit(s), Ceiling Fan(s)
Exterior Features
Wrought Iron Security Drs, Porch, Patio
Stories
1
Roof
Composition Shingles
Foundation
Conventional
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Listing courtesy of Fast Track Realty, LLC.

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Copyright© 2026 Memphis Area Association of REALTORS®. The information provided is for the consumer's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties that the consumer may be interested in purchasing. Information deemed reliable, but is not guaranteed accurate. Some or all of the listings displayed may not belong to the firm whose web site is being visited.