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1382 Mary Jane Ave, Memphis, TN 38116

$122,200
  • 1382 Mary Jane Ave, Memphis, TN 38116 Main Photo

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Active
BEDS3 BATHS1 full MLS#10197568
STATUSActive PROPERTY TYPEResidential - Single Family SUBDIVISIONEASON HILLS NEIGHBORHOODWhitehaven-Southland Mall

Property Description

Turnkey investment opportunity with tenant in place paying $1,175/month ($14,100 annually), providing immediate cash flow. Estimated monthly cash flow of $200.99 with a projected 6.51% cash-on-cash return. Professionally managed 3BR/1BA home featuring hard surface flooring throughout, fresh interior paint, bright living area, modern kitchen with shaker cabinets, central heat and air, and a spacious fully fenced backyard. Conveniently located near schools, shopping, and major transit routes, supporting strong tenant demand and long-term rental stability. Professionally managed. No wholesalers, assignments, or creative financing! DO NOT APPROACH OR DISTURB TENANTS. No showings without an accepted offer. Financials available upon request. Currently leased at $1,175/month through 03/31/2028.

1382 Mary Jane Ave | MLS# 10197568

This single family home located at 1382 Mary Jane Ave, Memphis, TN 38116 is currently listed for sale with an asking price of $122,200. This property was built in 1964 and has 3 bedrooms and 1 full baths. Mary Jane Ave is located in the EASON HILLS subdivision. Search EASON HILLS real estate on meatha.crye-leike.com today.

Property Features

Property Type: Residential - Single Family
Cooling: Central
Heating: Central
Home Style: Traditional
Lot Size: 0.26 Acres
Year Built: 1964

Feature Descriptions

Bed and Bath: All Bedrooms Down
Days on Site: 363
Living/ Dining Room: Separate Dining Room
Lot: Level
Parking/ Storage: Driveway/Pad
Total Rooms: 3

Listed By / Shown By

Listed By

Agency Name: Foundation Property Management

Shown By

Agent Name: Meatha Haynes
Agent Phone: (901) 288-5582
Agency Title: Crye-Leike Real Estate Services

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Source: MAAR MLS

Estimate Your Payment

Estimated Payment

$ 307.61 per month $271.96 Principal & Interest $0.00 Property Tax (data not provided by mls) $35.64 Homeowner's Insurance

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