# 1545 OAKWOOD St, Memphis, TN 38108

> **TL;DR:** 3bd/2ba single family, $115,000 ($96/sqft), built 1913, 1,196 sqft.
> A/C. Est. $498/mo. Listed 142 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $115,000 |
| Price/sqft | $96 |
| Bedrooms | 3 |
| Bathrooms | 2 full |
| Square Feet | 1,196 |
| Year Built | 1913 |
| Lot Size | 5,663 sqft (0.13 acres) |
| Stories | 1 |
| Property Type | Single Family (Other) |
| Status | For Sale |
| Days on Market | 142 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $498 |
| **Total** | **$498** |

## Key Amenities

- A/C

## Property Highlights

- Built in 1913
- 0.13 acre lot

## Description

### Agent Description
Turnkey investment opportunity with immediate cash flow! This fully renovated 3-bedroom, 2-bath home is tenant occupied and currently generating $1,300 per month, offering strong returns from day one. With a list price of $115,00, and almost a 14% gross ROI, this is a great option for investors seeking solid ROI and positive cash flow. Renovated from the studs, updates include new electrical, plumbing, HVAC, water heater, windows, and exterior siding-minimizing maintenance concerns for years to come. Interior features include luxury vinyl flooring throughout main living areas and bedrooms, with tile in the kitchen and bathrooms for durability. The updated kitchen and bathrooms provide modern appeal that supports long-term tenant retention. This is a low-maintenance, income-producing asset ideal for both seasoned and out-of-state investors looking to expand their portfolio with confidence. Do not disturb tenant. No wholesalers/seller financing.

## Location

- **Address:** 1545 OAKWOOD St, Memphis, TN 38108
- **County:** Shelby
- **Neighborhood:** NORWOOD
- **Coordinates:** 35.178311, -89.97667
- **Google Maps:** https://www.google.com/maps?q=35.178311,-89.97667

## Listing Agent

- **Name:** Mark Wilson
- **Brokerage:** Coldwell Banker Collins-Maury
- **Phone:** 9018333844
- **Email:** mcwilson@collins-maury.com

## Primary Photo

![1545 OAKWOOD St - Primary Photo](http://lh.rdcpix.com/ee047a1d619306a8d0139ee2dfc9617el-f685541714r.jpg)

*13 total photos available on [listing page](https://www.propertysimple.com/listing/1545-oakwood-st-memphis-tn-38108-10212650)*

---

**MLS#:** 10212650 | **Updated:** 2026-06-18
**Source:** listhub

*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.*

[View on PropertySimple](https://www.propertysimple.com/listing/1545-oakwood-st-memphis-tn-38108-10212650)

---

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