About This Home
This 2-bedroom, 1-bathroom single family at 1184 SAXON Ave in Memphis, TN is listed for $75,000 ($75 per sqft). Built in 1930, the home offers 999 sqft of living space on a 0.17 acres lot.
Key Features
- Built in 1930
- 0.17 acre lot
- Fireplace
Property Details
Amenities
BACK ON THE MARKET THROUGH NO FAULT OF THE SELLER OR THE PROPERTY Make this your first rental or add this to your existing rental portfolio! This property would be perfect for a DSCR loan and it meets the 1% rule that most investors look for. The tenant pays $1000 per month (Section 8) - $796 is paid by MHA and $204 is paid by the tenant.
Tenant has been in the property three years now and wants to stay. The lease was up 7/31/2026 and the tenant is now month to month. The home was updated a few years ago and the roof is 2 years old, furnace is 5 years old. This home is located minutes from LeMoyne Owen College, Stax Museum, Midtown and Downtown. Call for more information! No seller financing offers or wholesalers. (The interior pictures in MLS were taken before the tenant moved in)
Monthly Cost Estimate
$401/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
1184 SAXON Ave
Memphis, TN 38106
GOODLOE & MARTIN BLK 3
Features & Amenities
Interior Features
Exterior Features
Property Details
Flooring
Outdoor Features
Parking
Heating
Cooling
Questions & Answers
This 2-bedroom, 1-bathroom single family at 1184 SAXON Ave is listed at $75,000 ($75/sqft). The estimated monthly payment is $401 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1930, 0.17 acre lot, Fireplace. Interior Features: Attic Access, Cat/Dog Free House, Pull Down Attic Stairs. Exterior Features: Wrought Iron Security Drs, Porch, Patio.
This property is listed by Verna Littleton and can be reached at 9014909449.
