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.

Key Features

  • Built in 1971
  • 0.27 acre lot

Property Details

1 story
1 full
1971

Amenities

A/C
Listing 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.

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 $615 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

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.

JV

Jeremy Veldman

Agent at KAIZEN Realty, LLC

(662) 418-7511

Listed by KAIZEN Realty, LLC · View on Broker Site

MLS# 10220480· Source: listhub· 65 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.

509 DEERSKIN Dr, Memphis, TN 38109

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