1864 Macaulay Ave, Memphis, TN 38127

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List Price
$155,000
Status
ACTIVE
Days on Market
79
MLS#
10225239
Style
Traditional
Year Built
1957
Bedrooms
3
Bathrooms
2
Full Baths
2
Lot Size
80X150
Acres
0.27
Subdivision
GEORGIAN HILLS BLK E

Property Description

ATTENTION INVESTORS! Tenant occupied property that would make an excellent addition to your rental portfolio. This 4 bedroom, 2 bathroom brick home is rented for $1,525/month to a Section 8 tenant with a lease secured until June 30, 2027. Tenant moved in July 1, 2025 and just renewed their lease for another 12 months. Roof, AC Condenser, Furnace replaced July 2020. Water heater replaced September 2022. Home was refreshed in 2025 and features new carpet, fresh paint, a spacious living room and bonus room that can serve as a 4th bedroom, covered parking and a spacious fenced-in backyard. Priced to sell near the desired 1% Rule. Seller is also selling 3962 Sloan St and 2919 Bede Rd (you can buy them individually or in bulk). Please do not disturb the tenant. Tenant ledger, lease and maintenance report are available upon request. No wholesalers, assignments or creative or owner financing.

Additional Information

Property Description
Traditional
Heating
Central
Air Conditioning
Central
Exterior Features
Patio
Stories
1

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Listing courtesy of KAIZEN Realty, LLC.

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