About This Home
This renovated rental property has an active month-to-month lease in place at $1,200 per month. Located in Memphis’s Macon View neighborhood, the 1945-built single-family home offers 3 bedrooms, 1 bathroom, and 1,360 square feet of living space. The property sits on a 0.17-acre lot and includes central air conditioning and central heating.
Its existing rental status provides a clear overview for investors reviewing an income-producing property. The home is offered at $176,890 and is part of a 103-home package. No creative finance offers are available. With its established lease, traditional single-family profile, and Memphis location, this property may fit buyers evaluating an occupied rental acquisition. All details reflect the current listing information, including the month-to-month lease arrangement and stated rental rate.
Key Features
- Built in 1945
- 0.17 acre lot
Property Details
Amenities
Renovated rental property with an active lease in place. Currently leased at $1,200 month to month. No creative finance offers. This home is part of a 103 home package.
Monthly Cost Estimate
$946/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
4287 ELAINE Ave
Memphis, TN 38122
MACON VIEW
Property Details
Heating
Cooling
Questions & Answers
This 3-bedroom, 1-bathroom single family at 4287 ELAINE Ave is listed at $176,890 ($130/sqft). The estimated monthly payment is $946 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1945, 0.17 acre lot.
This property is listed by Caleb Hall and can be reached at 9015509021.
