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:129 day(s) ago
- Updated:March 17, 2026 at 10:41 AM
Rooms and interior
- Bedrooms:3
- Total bathrooms:2
- Full bathrooms:2
- Rooms Total:7
- Flooring:Part Hardwood, Tile
- Dining Description:Separate Dining Room
- Bathrooms Description:1 or More BR Down, All Bedrooms Down, Full Bath Down, Split Bedroom Plan
- Kitchen Description:Pantry, Range/Oven, Refrigerator, W/D Connection in Kitchen
- Basement Description:Conventional
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
- Lot Features:Landscaped, Level, Some Trees
- Architectural Style:Traditional
- Construction Materials:Brick Veneer, Wood/Composition
- Foundation Description:Conventional
- Levels:1 Story
Utilities
- Water:Public Water
- Sewer:Public Sewer
Finances and disclosures
- Price:$118,900
- Tax amount:$798
Features and amenities
- Amenities:All Window Treatments, Attic Access, Cable Available, Cable Wired, Pull Down Attic Stairs, Security System, Smoke Detector(s), Walk-In Closet(s)
Parking
- Parking description:Driveway/Pad
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