About This Home

This 3-bedroom, 2-bathroom single family at 4487 ALINE Rd in Memphis, TN is listed for $59,990 ($45 per sqft). Built in 1960, the home offers 1,326 sqft of living space on a N/A lot.

Key Features

  • Built in 1960

Property Details

1 story
1 full, 1 half
1960

Amenities

HardwoodA/C
Listing Description

Investor Special in a Strong Rental Market! This 3-bedroom, 1-bath home offers approximately 1,300 square feet and is already partially renovated, making it an ideal opportunity for investors, landlords, or savvy buyers looking to add value. Much of the heavy lifting has been started, allowing the next owner to finish the project and maximize returns.

Located in a proven rental pocket with strong tenant demand and consistent rental performance, this property has excellent potential as a long-term rental, BRRRR project, or resale investment. The spacious floor plan provides flexibility for updates and modernization, while the established neighborhood continues to attract quality tenants.

Whether you're expanding your portfolio or looking for your next renovation project, this property offers a rare chance to acquire a value-add asset in a desirable investment area. Property is being sold as-is.

Monthly Cost Estimate

$321/mo

20% down · 6.5% · 30 years

Principal$43
Interest$260
Insurance$17

Estimates only. Actual payments may vary.

Location

4487 ALINE Rd

Memphis, TN 38127-2903

O B Gwynns Hawkin Mill Rd

Features & Amenities

Exterior Features

Patio

Property Details

Flooring

HardwoodTile

Pool Features

Patio

Heating

Central

Cooling

Central Air

Questions & Answers

This 3-bedroom, 2-bathroom single family at 4487 ALINE Rd is listed at $59,990 ($45/sqft). The estimated monthly payment is $320 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1960. Exterior Features: Patio.

This property is listed by Lawson Roberts and can be reached at 9018204367.

LR

Lawson Roberts

Agent at Renshaw Company, REALTORS

(901) 820-4367

Listed by Renshaw Company, REALTORS · View on Broker Site

MLS# 10224595· Source: listhub· 10 days on market

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.

4487 ALINE Rd, Memphis, TN 38127-2903

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