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1309 SEMMES ST, Memphis, TN 38111

Local realty services provided by:CENTURY 21 Home First Realtors
1309 SEMMES ST,Memphis, TN 38111
$118,900
  • 3 Beds
  • 2 Baths
  • - sq. ft.
  • Single family
  • Active
Listed by: heath gooch
Office: stixnbrix
MLS#:10209318
Source:TN_MAAR

Price summary

  • Price:$118,900

About this home

Investor opportunity in a very strong rental market! This home offers a 3-bedroom, 2-bath split floor plan and 1,319 sq. ft. of living space on a fenced 0.25-acre lot. Features include central heat and air, newer dimensional roof, updated electrical panel with room to expand, new thermostat, central heat and air, new LED lighting throughout. Interior highlights include a spacious den, a large kitchen with ample cabinets and a dining area, baths with tile flooring, and updated venting. Hardwood flooring throughout most of the home, LVP in the kitchen, and tile in the baths. Recent upgrades deliver lower maintenance costs and long-term value. Currently tenant-occupied with a long-term resident (since 2018), paying $1,045 a month. Please note that market rents in this area for a 3BR/2BA average $1,300 to $1,500 per month. This is a very low-maintenance, income-producing property ideal for buy-and-hold investors seeking stable cash flow and future upside. Do not disturb the tenant.

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Home facts

  • Year built:1951
  • Listing ID #:10209318
  • Added:84 day(s) ago
  • Updated:January 31, 2026 at 11:45 AM

Rooms and interior

  • Bedrooms:3
  • Total bathrooms:2
  • Full bathrooms:2

Heating and cooling

  • Cooling:Ceiling Fan(s), Central
  • Heating:Central, Gas

Structure and exterior

  • Roof:Composition Shingles
  • Year built:1951
  • Lot area:0.25 Acres

Utilities

  • Water:Public Water
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$118,900
  • Tax amount:$798
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