# 516 JEANNE Dr, Memphis, TN 38109

> **TL;DR:** 3bd/1ba single family, $135,000 ($91/sqft), built 1953, 1,489 sqft.
> Fireplace, A/C. Est. $585/mo. Listed 42 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $135,000 |
| Price/sqft | $91 |
| Bedrooms | 3 |
| Bathrooms | 1 full |
| Square Feet | 1,489 |
| Year Built | 1953 |
| Lot Size | 15,682 sqft (0.36 acres) |
| Stories | 1 |
| Property Type | Single Family (Other) |
| Status | For Sale |
| Days on Market | 42 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $585 |
| **Total** | **$585** |

## Key Amenities

- Fireplace
- A/C

## Property Highlights

- Built in 1953
- 0.36 acre lot
- Fireplace

## Description

### Agent Description
Renovated in 2024, this income-producing property is a strong opportunity for investors seeking a turnkey, rent-ready asset with professional management already in place. The home offers a functional layout featuring a spacious living area, updated finishes, and well-sized bedrooms designed for comfortable living. Exterior highlights include a large backyard and ample parking, adding to long-term tenant appeal. Currently tenant-occupied and professionally managed by Mid South Best Rentals, this property provides immediate cash flow and a seamless transition for the new owner. The lease will remain in place, with all tenant rights transferring -making this a true hassle-free investment opportunity. Drive-by only; do not disturb tenant.

## Location

- **Address:** 516 JEANNE Dr, Memphis, TN 38109
- **County:** Shelby
- **Neighborhood:** WHITEHAVEN PARK FIFTH ADDN
- **Coordinates:** 35.038308, -90.046813
- **Google Maps:** https://www.google.com/maps?q=35.038308,-90.046813

## Listing Agent

- **Name:** Amy Woods
- **Brokerage:** Crye-Leike, Inc., REALTORS
- **Phone:** 9014857005
- **Email:** woodsrealestate901@gmail.com

## Primary Photo

![516 JEANNE Dr - Primary Photo](http://lh.rdcpix.com/73dc95c1bbba7806d4917a09e8b114d9l-f2875773575r.jpg)

*14 total photos available on [listing page](https://www.propertysimple.com/listing/516-jeanne-dr-memphis-tn-38109-10219710)*

---

**MLS#:** 10219710 | **Updated:** 2026-06-18
**Source:** listhub

*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.*

[View on PropertySimple](https://www.propertysimple.com/listing/516-jeanne-dr-memphis-tn-38109-10219710)

---

## Structured Data

```json
{
  "@context": "https://schema.org",
  "@type": "RealEstateListing",
  "name": "516 JEANNE Dr, Memphis, TN 38109",
  "description": "Renovated in 2024, this income-producing property is a strong opportunity for investors seeking a turnkey, rent-ready asset with professional management already in place. The home offers a functional layout featuring a spacious living area, updated finishes, and well-sized bedrooms designed for comfortable living. Exterior highlights include a large backyard and ample parking, adding to long-term tenant appeal. Currently tenant-occupied and professionally managed by Mid South Best Rentals, this ",
  "url": "https://www.propertysimple.com/listing/516-jeanne-dr-memphis-tn-38109-10219710",
  "image": "http://lh.rdcpix.com/73dc95c1bbba7806d4917a09e8b114d9l-f2875773575r.jpg",
  "datePosted": "2026-06-18",
  "price": 135000,
  "priceCurrency": "USD",
  "address": {
    "@type": "PostalAddress",
    "streetAddress": "516 JEANNE Dr",
    "addressLocality": "Memphis",
    "addressRegion": "TN",
    "postalCode": "38109",
    "addressCountry": "US"
  },
  "geo": {
    "@type": "GeoCoordinates",
    "latitude": 35.038308,
    "longitude": -90.046813
  },
  "numberOfBedrooms": 3,
  "numberOfBathroomsTotal": 1,
  "numberOfFullBathrooms": 1,
  "floorSize": {
    "@type": "QuantitativeValue",
    "value": 1489,
    "unitCode": "FTK"
  },
  "yearBuilt": 1953
}
```