About This Home
Located in the Patricia Heights Sec A Blk 11 neighborhood of Memphis, 842 RESTBROOK Ave is a 1951 single-family home with two bedrooms and one bathroom across 875 square feet. The property sits on a 0.32-acre lot and features central air conditioning and central heating.
Additional property details include a newer roof and a professionally managed tenant arrangement. The home is currently tenant occupied, with current rent of $800 per month and a lease expiring November 30, 2025. Showings are not available without an accepted offer.
The property is offered at $69,900, noted as under the appraised value after a prior buyer failed financing. It is also part of a 39-home package, all located in ZIP code 38127, making the offering relevant for buyers considering an investment property. This home is situated in Memphis, Tennessee, within the Patricia Heights Sec A Blk 11 neighborhood.
Key Features
- Built in 1951
- 0.32 acre lot
Property Details
Amenities
Buyer Failed financing, price under appraised value. Part of a 39 Home package all in 38127! Excellent investment property! Meticulously maintained . Newer roof. Tenant Occupied. No showings without accepted offer. Current rent is $800/mo. Professionally managed. Lease expires on 11/30/25.
Monthly Cost Estimate
$374/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
842 RESTBROOK Ave
Memphis, TN 38127
PATRICIA HEIGHTS SEC A BLK 11
Property Details
Flooring
Parking
Heating
Cooling
Questions & Answers
This 2-bedroom, 1-bathroom single family at 842 RESTBROOK Ave is listed at $69,900 ($80/sqft). The estimated monthly payment is $373 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1951, 0.32 acre lot.
This property is listed by Caleb Hall and can be reached at 9015509021.
