1184 SAXON AVE, Memphis, TN 38106

Local realty services provided by:CENTURY 21 Home First Realtors
1184 SAXON AVE,Memphis, TN 38106
$75,000
  • 2 Beds
  • 1 Baths
  • - sq. ft.
  • Single family
  • Active
Listed by: verna littleton
Office: fast track realty, llc.
MLS#:10228607
Source:TN_MAAR

Price summary

  • Price:$75,000

About this home

Make this your first rental or add this to your existing rental portfolio! This property would be perfect for a DSCR loan and it meets the 1% rule that most investors look for. The tenant pays $1000 per month (Section 8) - $796 is paid by MHA and $204 is paid by the tenant. Tenant has been in the property three years now and wants to stay. The lease was up 7/31/2026 and the tenant is now month to month. The home was updated a few years ago and the roof is 2 years old, furnace is 5 years old. This home is located minutes from LeMoyne Owen College, Stax Museum, Midtown and Downtown. Call for more information! No seller financing offers or wholesalers. (The interior pictures in MLS were taken before the tenant moved in)

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Home facts

  • Year built:1930
  • Subdivision & Development:GOODLOE & MARTIN BLK 3
  • Listing ID #:10228607
  • Added:1 day(s) ago
  • Updated:August 19, 2026 at 10:43 AM

Rooms and interior

  • Bedrooms:2
  • Total bathrooms:1
  • Full bathrooms:1
  • Rooms Total:5
  • Flooring:Part Hardwood, Tile
  • Dining Description:Separate Dining Room
  • Bathrooms Description:All Bedrooms Down, Full Bath Down
  • Kitchen Description:Eat-In Kitchen, Range/Oven, W/D Connection in Kitchen
  • Basement Description:Conventional

Heating and cooling

  • Cooling:Ceiling Fan(s), Window Unit(s)
  • Heating:Central

Structure and exterior

  • Roof:Composition Shingles
  • Year built:1930
  • Lot area:0.17 Acres
  • Lot Features:Level, Some Trees
  • Architectural Style:Traditional
  • Construction Materials:Brick Veneer
  • Exterior Features:Patio, Porch
  • Foundation Description:Conventional
  • Levels:1 Story

Finances and disclosures

  • Price:$75,000
  • Tax amount:$950

Features and amenities

  • Amenities:Attic Access, Pull Down Attic Stairs, Smoke Detector(s)

Parking

  • Parking description:Driveway/Pad
Listing content and images Copyright© 2026 Memphis Area Association of REALTORS®. Some or all of the listings displayed may not belong to the firm whose website is being visited. Information provided is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Do not rely upon listing data without independently verifying it. TN_MAAR Member Broker: Connie Farina