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

1 story
1 full
1930

Amenities

FireplaceHardwoodA/C
Listing Description

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

Principal$54
Interest$325
Insurance$22

Estimates only. Actual payments may vary.

Location

1184 SAXON Ave

Memphis, TN 38106

GOODLOE & MARTIN BLK 3

Features & Amenities

Interior Features

Attic AccessCat/Dog Free HousePull Down Attic StairsSmoke Detector(s)

Exterior Features

PatioPorchWrought Iron Security Drs

Property Details

Flooring

TileHardwood

Outdoor Features

PatioPorch

Parking

Driveway

Heating

Central

Cooling

Ceiling Fan(s)Window Unit(s)

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: Patio, Porch, Wrought Iron Security Drs.

This property is listed by Verna Littleton.

VL

Verna Littleton

Agent at Fast Track Realty, LLC

Listed by Fast Track Realty, LLC · Broker phone: (901) 767-8770 · View on Broker Site · Broker website

MLS# 10228607· Source: Memphis Area Association of Realtors®· 75 days on PropertySimple

Copyright © 2026 Memphis Area Association of Realtors®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

1184 SAXON Ave, Memphis, TN 38106

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