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Listed price in listed location currency (USD).
$86,000

320

MLS® 10218251

Overview

Key Facts

Type Single Family Residence
Levels Residential
Size -
Garage 
Taxes 
Days Active 54
Lot Size 
Approx. Age 1957
MLS® Number 10218251

Property Address: 1907 Kingsley Ave, Memphis, TN, 38127-3920

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

Description

Turnkey investment opportunity with tenant in place paying $895/month ($10, 740 annually), providing immediate cash flow. Estimated monthly cash flow of $172.85 with a projected 7.41% cash-on-cash return. Professionally managed 3BR/1.5BA ranch built in 1957 featuring ~1, 046 sq ft of living space, hardwood flooring throughout, a carport, and a spacious ~0.29-acre lot in the Frayser neighborhood. Property underwent a full rehab in December 2024 and includes a 2-ton condenser installed 04/2025 and a 2-year-old water heater, offering improved system reliability and reduced maintenance concerns. Strong rental demand area with stable in-place tenancy supporting consistent long-term performance. Professionally managed. No wholesalers, assignments, or creative financing! DO NOT APPROACH OR DISTURB TENANTS. No showings without an accepted offer. Leased through 03/2028 at $895/month.
MLS® Number10218251
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1957
Basement
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Rooms

Master Bedroom:Not available

Price History

-End Date
Not Sold YetSold Price

For Sale

Apr 1, 2026List Date
$86,000List Price

Home Estimate Zoopraisal®

This property is estimated to sell between: $86,000 and $128,000.
Similar properties in this area sold on average for: $113,391
Expected to sell very soon! Similar properties sold in 47 days. This home has been on Zoocasa for 54 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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