1864 MACAULAY Ave, Memphis, TN 38127

Beds
3
Sqft
1,467
Garage
Yes

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Listed byKAIZEN REALTY, LLC
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Overview

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.

Location

Full feature list

Basic info

Property type
House
Number of stories
1
Number of bedrooms
3
Square feet
1,467
Lot size (acres)
0.27
Year built
1957

Garage and parking

Garage parking spaces
1

Utilities

Heating
Central
Cooling
Central Air

Taxes

Tax Annual Amount
$1,281

Public schools

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Sourced from: Memphis Area Association of Realtors MLS®#: 10225239 Last checked:

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