691 Hillcrest St, Memphis, TN 38112
- Beds
- 2
- Bath
- 1
View property features, location on map, relevant school information and overview from seller's agent.
- 1
- 0
Overview
Investor opportunity in the heart of Memphis! This charming 2-bedroom, 1-bath single-family home features 1,230 sq ft of living space on a 0.17-acre lot with hardwood and tile floors throughout. Recent upgrades include a brand-new central A/C system and coil, some LED lights, interior paint updates, and a new roof, offering peace of mind and reduced capital expenses. The property is currently tenant-occupied with a long-term resident of 9 years on a month-to-month lease, paying $750/month with market rent potential around $900/month. This is a low-maintenance, income-producing property ideal for buy-and-hold investors seeking stable cash flow and future upside. There are many updated/ complete rehab homes in the area that have helped establish a strong rental market. Long-term tenant of 9 years, please do not disturb.
Location
Full feature list
Basic info
- Property type
- House
- Number of bedrooms
- 2
- Number of bathrooms
- 1
- Lot size (acres)
- 0.17
- Year built
- 1922
Interior features
- Basement
- Yes
- Fireplaces
- 1
Utilities
- Heating
- Central, Natural gas
- Cooling
- Ceiling fan(s), Central air
- Sewer
- Public sewer
- Water
- Public
Taxes
- Tax Annual Amount
- $536
Public schools
Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.
Sourced from: Memphis Area Association of Realtors MLS®#: 10201731 Last checked: …

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