About This Home

This 3-bedroom, 2-bathroom single family at 988 MICHAEL Cv in Memphis, TN is listed for $167,000 ($122 per sqft). Built in 1951, the home offers 1,366 sqft of living space on a 0.57 acres lot.

Key Features

  • Built in 1951
  • 0.57 acre lot
  • Fireplace

Property Details

1 story
1 full, 1 half
1-car garage
1951

Amenities

FireplaceA/C
Listing Description

Why search for your next investment when this one is already working? This beautifully renovated three-bedroom, one-and-a-half-bath home offers 1,366 square feet of refreshed living space, a spacious and functional layout, separate living and dining areas, central heating and air, and an expansive half-acre lot.

Best of all, the property is currently leased for $1,650 per month through August 15, 2027, providing immediate rental income with a tenant already in place. Add this portfolio-ready opportunity to your collection before another investor does! Tenant occupied; please do not disturb. This property is 1 of 30 in the portfolio for sale.

Monthly Cost Estimate

$893/mo

20% down · 6.5% · 30 years

Principal$121
Interest$724
Insurance$49

Estimates only. Actual payments may vary.

Location

988 MICHAEL Cv

Memphis, TN 38116

LACEY MOSBYS WHITEHAVEN PARK 1ST ADDN

Property Details

Heating

Central

Cooling

Central Air

Questions & Answers

This 3-bedroom, 2-bathroom single family at 988 MICHAEL Cv is listed at $167,000 ($122/sqft). The estimated monthly payment is $893 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1951, 0.57 acre lot, Fireplace.

This property is listed by Caleb Hall.

CH

Caleb Hall

Agent at KELLER WILLIAMS®

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

MLS# 10229965· Source: Memphis Area Association of Realtors®· 50 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.

988 MICHAEL Cv, Memphis, TN 38116

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