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About This Home

This 4-bedroom, 1-bathroom single family at 2424 NORMAN Ave in Memphis, TN is listed for $139,000 ($170 per sqft). Built in 1929, the home offers 816 sqft of living space on a N/A lot.

Agent Description

Huge Price Improvement! Attention Investors: Beat the 1% rule! Renovated 4-bedroom-1-bath home with Section 8 tenant. This property presents a great opportunity for investors looking to generate rental income. The home offers a functional layout with four bedrooms, providing plenty of space and flexibility.

Whether you're expanding your rental portfolio or looking for a property with strong income potential, this is an opportunity worth considering. New roof, new furnace, and new kitchen. Please do not disturb the tenants, rent roll can be provided, leased renewed 2/22/2026. $1600 monthly collected monthly.

Key Features

  • Built in 1929

Property Details

1 story
1 full
1929

Amenities

A/C

Monthly Cost Estimate

$743/mo

20% down · 6.5% · 30 years

Principal$101
Interest$602
Insurance$41

Estimates only. Actual payments may vary.

Location

2424 NORMAN Ave

Memphis, TN 38108

Mayfield

Features & Amenities

Exterior Features

Porch

Property Details

Flooring

Vinyl

Pool Features

Porch

Parking

Driveway

Heating

Central

Cooling

Central Air

Questions & Answers

This 4-bedroom, 1-bathroom single family at 2424 NORMAN Ave is listed at $139,000 ($170/sqft). The estimated monthly payment is $602 based on 20% down at 6.5% interest.

Key features include: Built in 1929. Exterior Features: Porch.

This property is listed by Angelita Parham and can be reached at 9015700079 or realestatewithap@gmail.com.

AP

Angelita Parham

Agent at KAIZEN Realty, LLC

(901) 570-0079

Listed by KAIZEN Realty, LLC · View on Broker Site

MLS# 10216451· Source: listhub· Updated 83 days ago

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.

2424 NORMAN Ave, Memphis, TN 38108

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