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About This Home

This 3-bedroom, 2-bathroom single family at 4003 LEHI Dr in Memphis, TN is listed for $190,000 ($144 per sqft). Built in 1970, the home offers 1,319 sqft of living space on a N/A lot.

Agent Description

Turnkey investment opportunity in Raleigh! This recently renovated 3BR/2BA brick home is tenant occupied with strong cash flow and a long-term tenant already in place. Current tenant just renewed at $1,995/month, making this a perfect addition to any rental portfolio.

Updates include roof, HVAC, flooring, light fixtures, plus renovated kitchen and bathrooms. Exterior features include low-maintenance brick construction and a fenced-in backyard. Professionally maintained and income-producing from day one. No showings without an accepted offer. Please do not disturb tenant.

Key Features

  • Built in 1970

Property Details

1 story
2 full
1970

Amenities

A/C

Monthly Cost Estimate

$1,016/mo

20% down · 6.5% · 30 years

Principal$137
Interest$823
Insurance$55

Estimates only. Actual payments may vary.

Location

4003 LEHI Dr

Memphis, TN 38128

St Elmo Village Blk A

Features & Amenities

Exterior Features

Wrought Iron Security Drs

Property Details

Flooring

VinylTile

Parking

Driveway

Heating

Central

Cooling

Central Air

Questions & Answers

This 3-bedroom, 2-bathroom single family at 4003 LEHI Dr is listed at $190,000 ($144/sqft). The estimated monthly payment is $823 based on 20% down at 6.5% interest.

Key features include: Built in 1970. Exterior Features: Wrought Iron Security Drs.

This property is listed by Caleb Parr and can be reached at 9014840478 or caleb@renshawcompany.com.

CP

Caleb Parr

Agent at Renshaw Company, REALTORS

(901) 484-0478

Listed by Renshaw Company, REALTORS · View on Broker Site

MLS# 10222039· Source: listhub· Updated 12 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.

4003 LEHI Dr, Memphis, TN 38128

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