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About This Home

This 3-bedroom, 1-bathroom single family at 509 DEERSKIN Dr in Memphis, TN is listed for $114,900 ($113 per sqft). Built in 1971, the home offers 1,019 sqft of living space on a 0.27 acres lot.

Agent Description

GREAT INVESTMENT OPPORTUNITY! Tenant-occupied 3BR/1BA brick home generating $950/month with a stable, long-term tenant in place. Lease secured through 8/31/2026; tenant since 8/16/2024. Fully renovated in 2024, including a new roof, AC condenser, furnace and A-coil, water heater, plus plumbing and electrical updates. No maintenance issues reported in the past two years. Professionally managed, tenant ledger available upon request. Please do not disturb tenant.

Key Features

  • Built in 1971
  • 0.27 acre lot

Property Details

1 story
1 full
1971

Amenities

A/C

Monthly Cost Estimate

$615/mo

20% down · 6.5% · 30 years

Principal$83
Interest$498
Insurance$34

Estimates only. Actual payments may vary.

Location

509 DEERSKIN Dr

Memphis, TN 38109

INDIAN HILLS REV

Features & Amenities

Exterior Features

Patio

Property Details

Flooring

Carpet

Pool Features

Patio

Parking

Driveway

Heating

Central

Cooling

Central Air

Questions & Answers

This 3-bedroom, 1-bathroom single family at 509 DEERSKIN Dr is listed at $114,900 ($113/sqft). The estimated monthly payment is $498 based on 20% down at 6.5% interest.

Key features include: Built in 1971, 0.27 acre lot. Exterior Features: Patio.

This property is listed by Jeremy Veldman and can be reached at 6624187511 or Jrveldman@gmail.com.

JV

Jeremy Veldman

Agent at KAIZEN Realty, LLC

(662) 418-7511

Listed by KAIZEN Realty, LLC · View on Broker Site

MLS# 10220480· Source: listhub· Updated 33 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.

509 DEERSKIN Dr, Memphis, TN 38109

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