1211 CANFIELD AVE, Memphis, TN 38127

Local realty services provided by:CENTURY 21 Home First Realtors
1211 CANFIELD AVE,Memphis, TN 38127
$45,000
  • 3 Beds
  • 1 Baths
  • - sq. ft.
  • Single family
  • Active
Listed by: james wachob
Office: foundation property management
MLS#:10218074
Source:TN_MAAR

Price summary

  • Price:$45,000

About this home

This property has a projected monthly rent of $675 ($8,100 annually), an estimated cash-on-cash return of 14.29%, and an expected monthly cash flow of $211.40. "all investment figures are estimates and verified independently by buyer" A 3BR/1BA home with a functional layout, spacious living area, and galley kitchen. Generously sized backyard offers added outdoor potential. Property includes a 1-year-old AC system, 1-year-old heating system, and a 1-year-old water heater, reducing near-term maintenance concerns. Interior features durable flooring and an updated kitchen with modern cabinetry and finishes. Situated on a generous lot with off-street parking, the overall condition reflects consistent upkeep with value-add potential. Property requires TLC and is being sold AS-IS, making it ideal for renovation, repositioning, or portfolio expansion. Easy to show. Financials available upon request. No wholesalers, assignments, or creative financing! PROFESSIONALLY MANAGED IN-HOUSE

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Home facts

  • Year built:1954
  • Listing ID #:10218074
  • Added:72 day(s) ago
  • Updated:June 12, 2026 at 10:47 AM

Rooms and interior

  • Bedrooms:3
  • Total bathrooms:1
  • Full bathrooms:1
  • Rooms Total:5
  • Flooring:Part Hardwood, Tile
  • Bathrooms Description:All Bedrooms Down
  • Kitchen Description:Eat-In Kitchen

Heating and cooling

  • Cooling:Central
  • Heating:Central

Structure and exterior

  • Year built:1954
  • Lot area:0.32 Acres
  • Lot Features:Level
  • Architectural Style:Traditional
  • Exterior Features:Porch
  • Levels:1 Story

Finances and disclosures

  • Price:$45,000
  • Tax amount:$880

Parking

  • Parking description:Driveway/Pad
  • Garage spaces:1
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