1545 OAKWOOD, Memphis, TN 38108

Beds
3
Sqft
1,196

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Listed byColdwell Banker Collins-Maury
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Overview

Turnkey investment opportunity with immediate cash flow! This fully renovated 3-bedroom, 2-bath home is tenant occupied and currently generating $1,300 per month, offering strong returns from day one. With a list price of $115,00, and almost a 14% gross ROI, this is a great option for investors seeking solid ROI and positive cash flow. Renovated from the studs, updates include new electrical, plumbing, HVAC, water heater, windows, and exterior siding—minimizing maintenance concerns for years to come. Interior features include luxury vinyl flooring throughout main living areas and bedrooms, with tile in the kitchen and bathrooms for durability. The updated kitchen and bathrooms provide modern appeal that supports long-term tenant retention. This is a low-maintenance, income-producing asset ideal for both seasoned and out-of-state investors looking to expand their portfolio with confidence. Do not disturb tenant. No wholesalers/seller financing.

Location

Full feature list

Basic info

Property type
House
Number of stories
1
Number of bedrooms
3
Square feet
1,196
Lot size (acres)
0.13
Year built
1913

Interior features

Laundry
Washer Hookup

Utilities

Heating
Central
Cooling
Central Air
Sewer
Public Sewer
Water
Public Water

Taxes

Tax Annual Amount
$831

Public schools

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Sourced from: Memphis Area Association of Realtors MLS®#: 10212650 Last checked:

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