About This Home
This 2-bedroom, 1-bathroom single family at 1188 TANGLEWOOD St in Memphis, TN is listed for $135,000 ($113 per sqft). Built in 1924, the home offers 1,200 sqft of living space on a 0.17 acres lot.
Key Features
- Built in 1924
- 0.17 acre lot
Property Details
Amenities
ATTENTION INVESTORS! Tenant-occupied investment opportunity on a desirable corner lot just 0.5 miles from the Cooper-Young Historic District. The property is currently rented for $935/month to a stable, long-term tenant who has occupied the home since 2015.
The lease is in place through April 30, 2027, with current rent and a consistent payment history. The home features a spacious den with a fireplace, separate dining room, updated kitchen, and a private, fenced backyard. Conveniently located near the shops, dining, and entertainment of Cooper-Young, this property offers an attractive combination of established rental income and long-term value-add potential.
Don't miss the opportunity to add this gem to your portfolio! Professionally managed, please do not disturb tenant. Lease and tenant ledger available upon request. Professionally managed. Please do not disturb the tenant. No wholesale, owner financing, or creative financing offers.
Monthly Cost Estimate
$722/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
1188 TANGLEWOOD St
Memphis, TN 38114
TANGLEWOOD TERRACE
Features & Amenities
Exterior Features
Property Details
Flooring
Pool Features
Parking
Heating
Cooling
Questions & Answers
This 2-bedroom, 1-bathroom single family at 1188 TANGLEWOOD St is listed at $135,000 ($113/sqft). The estimated monthly payment is $722 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1924, 0.17 acre lot. Exterior Features: Patio.
This property is listed by Jeremy Veldman and can be reached at 6624187511.
