About This Home

Built in 1954, this renovated single-family home at 705 STRATFORD Rd offers three bedrooms and two bathrooms across 1,160 square feet in Memphis’s Novarese neighborhood. The property sits on a 0.27-acre lot and includes a fireplace, central air, and central heating.

The home is currently leased at $850 per month on a month-to-month agreement, providing an established occupancy arrangement for the next owner. Listed at $169,000, the property is part of a 103-home package. Existing remarks specify that no creative finance offers will be considered.

With its three-bedroom layout, two full bathrooms, and established lease, the home presents a straightforward residential property profile. Its 1954 construction reflects the era of the home, while the renovation, central climate systems, and fireplace add notable features for consideration. The property is located in Memphis, Tennessee, within the Novarese neighborhood.

Key Features

  • Built in 1954
  • 0.27 acre lot
  • Fireplace

Property Details

1 story
1 full, 1 half
1-car garage
1954

Amenities

FireplaceA/C
Listing Description

Renovated rental property with an active lease in place. Currently leased at $850 month to month. No creative finance offers. This home is part of a 103 home package.

Monthly Cost Estimate

$904/mo

20% down · 6.5% · 30 years

Principal$122
Interest$732
Insurance$49

Estimates only. Actual payments may vary.

Location

705 STRATFORD Rd

Memphis, TN 38122

NOVARESE

Property Details

Heating

Central

Cooling

Central Air

Questions & Answers

This 3-bedroom, 2-bathroom single family at 705 STRATFORD Rd is listed at $169,000 ($146/sqft). The estimated monthly payment is $904 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1954, 0.27 acre lot, Fireplace.

This property is listed by Caleb Hall and can be reached at 9015509021.

CH

Caleb Hall

Agent at KELLER WILLIAMS®

(901) 550-9021
Agent website

Listed by KELLER WILLIAMS® · Broker phone: (901) 261-7900 · View on Broker Site · Broker website

MLS# 10213097· Source: Memphis Area Association of Realtors®· 210 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.

705 STRATFORD Rd, Memphis, TN 38122

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