Map
Listed price in listed location currency (USD).
$149,900

310

MLS® 10195316

Overview

Key Facts

Type Single Family Residence
Levels Residential
Size -
Garage 
Taxes 
Days Active 324
Lot Size 
Approx. Age 1912
MLS® Number 10195316

Property Address: 1531 Netherwood Ave, Memphis, TN, 38106-2411

Average square foot calculated using Size range provided by listing agent.

Description

ATTENTION INVESTORS!! Turnkey, income-producing asset with a secured long-term tenant in place. Leased at $1, 195/month through 3/31/2028, delivering consistent cash flow of $160.87/month and a 4.49% cash-on-cash return. Financials available upon request. Major capital improvements include a new 30-year architectural roof, double-pane aluminum windows, 2024 water heater, updated kitchen with new countertops and fixtures, and a renovated bathroom with new tub and subway tile surround. Additional upgrades include fresh interior/exterior paint, new lighting, and durable hard surface flooring throughout. Fully renovated and professionally managed, this low-maintenance investment is positioned for stable, predictable returns. No wholesalers, assignments, or creative financing! DO NOT APPROACH OR DISTURB TENANTS, NO SHOWINGS WITHOUT AN ACCEPTED OFFER. Owner/Agent
MLS® Number10195316
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1912
Basement
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Rooms

Master Bedroom:Not available
Master Bedroom:Not available
Living Room:Not available
Dining Room:Not available
Den:Not available
Living Room:Not available
Dining Room:Not available
Den:Not available
Master Bedroom:Not available
Master Bedroom:Not available
Living Room:Not available
Dining Room:Not available
Den:Not available
Living Room:Not available
Dining Room:Not available
Den:Not available
Master Bedroom:Not available
Living Room:Not available
Dining Room:Not available
Den:Not available
Living Room:Not available
Dining Room:Not available
Den:Not available
Master Bedroom:Not available
Master Bedroom:Not available

Price History

May 23, 2024End Date
$25,677Sold Price

Sold

Jan 15, 2026List Date
$14,000List Price
-End Date
Not Sold YetSold Price

For Sale

Jul 4, 2025List Date
$149,900List Price

Home Estimate Zoopraisal®

This property is estimated to sell between: $90,000 and $180,000.
Similar properties in this area sold on average for: $90,580
Expected to sell very soon! Similar properties sold in 27 days. This home has been on Zoocasa for 324 days.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

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