About This Home

This 5-bedroom, 3-bathroom single family at 449 FERNWOOD Ave in Memphis, TN is listed for $117,900 ($53 per sqft). Built in 1950, the home offers 2,235 sqft of living space on a 0.14 acres lot.

Key Features

  • Built in 1950
  • 0.14 acre lot
  • 2 stories

Property Details

2 stories
2 full, 1 half
1950

Amenities

A/C
Listing Description

INVESTORY ONLY! Tenant occupied and professionally managed home. This could be a great addition to your investment portfolio. Currently rent for $1520/mo with a $1395 deposit on file. Lease ends 3/31/27. Large home. Many homes in this area are being rehabbed and sold for more money.

Lease, ledger, and payment/repair history are available upon request. Do not approach or disturb tenant. No showings without an accepted offer. No wholesalers, no assignment, no seller finance or creative finance. Seller is also has 1675 Haywood & 3245 Sinclair (can buy these houses in bulk or individually).

Monthly Cost Estimate

$631/mo

20% down · 6.5% · 30 years

Principal$85
Interest$511
Insurance$34

Estimates only. Actual payments may vary.

Location

449 FERNWOOD Ave

Memphis, TN 38106

PHILSAR BLK E

Property Details

Flooring

Carpet

Heating

Central

Cooling

Central Air

Questions & Answers

This 5-bedroom, 3-bathroom single family at 449 FERNWOOD Ave is listed at $117,900 ($53/sqft). The estimated monthly payment is $630 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1950, 0.14 acre lot, 2 stories.

This property is listed by Tyler Tapley.

TT

Tyler Tapley

Agent at Crye-Leike Realtors

Listed by Crye-Leike Realtors · Broker phone: (901) 756-8900 · View on Broker Site · Broker website

MLS# 10223134· Source: Memphis Area Association of Realtors®· 149 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.

449 FERNWOOD Ave, Memphis, TN 38106

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