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About This Home
This 2-bedroom, 1-bathroom single family at 1487 SWIFT St in Memphis, TN is listed for $89,000 ($83 per sqft). Built in 1938, the home offers 1,076 sqft of living space on a 0.11 acres lot.
Renovated in 2023, this income-producing property is an excellent opportunity for investors seeking a rent-ready asset with professional management already in place. Featuring a functional floor plan with a spacious living room, separate dining area, decorative fireplace, and a dedicated laundry room, this home also offers a covered front porch and a large backyard-appealing features for long-term tenant retention.
Currently marketed for lease at $910 per month and managed by Mid South Best Rentals, providing a seamless transition for the new owner. Any lease secured prior to closing will remain in place, with all tenant rights transferring to the buyer, making this a true turnkey investment opportunity. Drive-by only at this time. Interior access will be provided after an accepted offer. Offers to include a contingency for Buyer's satisfactory visual inspection. Inquire for details.
Key Features
- Built in 1938
- 0.11 acre lot
- Fireplace
Property Details
Amenities
Monthly Cost Estimate
$476/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
1487 SWIFT St
Memphis, TN 38109
FORDHURST
Features & Amenities
Exterior Features
Property Details
Flooring
Pool Features
Parking
Heating
Cooling
Questions & Answers
This 2-bedroom, 1-bathroom single family at 1487 SWIFT St is listed at $89,000 ($83/sqft). The estimated monthly payment is $386 based on 20% down at 6.5% interest.
Key features include: Built in 1938, 0.11 acre lot, Fireplace. Exterior Features: Wrought Iron Security Drs, Porch.
This property is listed by Amy Woods and can be reached at 9014857005 or woodsrealestate901@gmail.com.
