About This Home

This 3-bedroom, 2-bathroom single family at 1860 FAIRMEADE Ave in Memphis, TN is listed for $87,500 ($32 per sqft). Built in 1967, the home offers 2,742 sqft of living space on a 0.46 acres lot.

Key Features

  • Built in 1967
  • 0.46 acre lot
  • Fireplace

Property Details

1 story
2 full
2-car garage
1967

Amenities

FireplaceHardwoodA/C
Listing Description

INVESTOR OPPORTUNITY! Distressed property offered AS-IS, WHERE-IS. Seller will not make or be responsible for repairs or improvements. Seller will make no repairs. Previous inspection identified conditions including modified/cut/damaged attic rafters, moisture/water damage in multiple areas, moisture damage to rear deck, exterior wood deterioration, aluminum branch-circuit wiring, electrical deficiencies, and HVAC/plumbing concerns.

Buyer and Buyer's Agent are encouraged to conduct all inspections and independent due diligence regarding property condition. Seller has never occupied the property and makes no representations regarding property condition. *Seller will not consider offers below $85,000. Please submit offers accordingly. * Buyers are encouraged to conduct their own inspections and due diligence to determine the extent and cost of any repairs or improvements.

Monthly Cost Estimate

$468/mo

20% down · 6.5% · 30 years

Principal$63
Interest$379
Insurance$26

Estimates only. Actual payments may vary.

Location

1860 FAIRMEADE Ave

Memphis, TN 38114

MANCHESTER COVE 2ND ADDN

Features & Amenities

Exterior Features

Storage BuildingDeck

Property Details

Flooring

Hardwood

Outdoor Features

Deck

Parking

Driveway

Heating

Natural GasCentral

Cooling

Central Air

Questions & Answers

This 3-bedroom, 2-bathroom single family at 1860 FAIRMEADE Ave is listed at $87,500 ($32/sqft). The estimated monthly payment is $468 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1967, 0.46 acre lot, Fireplace. Exterior Features: Storage Building, Deck.

This property is listed by Carmen Murry.

CM

Carmen Murry

Agent at PATTERSON HOMES REAL ESTATE CO

Listed by PATTERSON HOMES REAL ESTATE CO · Broker phone: (901) 568-0805 · View on Broker Site · Broker website

MLS# 10230782· Source: Memphis Area Association of Realtors®· 38 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.

1860 FAIRMEADE Ave, Memphis, TN 38114

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