1382 MARY JANE AVE, Memphis, TN 38116

Local realty services provided by:CENTURY 21 Home First Realtors
1382 MARY JANE AVE,Memphis, TN 38116
$122,200
  • 3 Beds
  • 1 Baths
  • - sq. ft.
  • Single family
  • Active
Listed by: james wachob
Office: foundation property management
MLS#:10197568
Source:TN_MAAR

Price summary

  • Price:$122,200

About this home

This property is leased at $1,175 per month ($14,100 annually) through 03/31/2028, with a cash-on-cash return of 6.51% and a monthly cash flow of $200.99. "All investment figures are estimates and verified independently by buyer." Investor-ready opportunity in a well-established Memphis rental area. This home offers a functional layout with comfortable living spaces, durable finishes, and good natural light throughout. Recent updates improve overall efficiency and help reduce maintenance, supporting long-term performance. The kitchen features ample cabinetry and practical design, while the property shows solid condition inside and out with strong curb appeal and usable yard space. Conveniently located near schools, shopping, and major roadways, supporting consistent rental demand and long-term appreciation potential. A dependable addition to any investment portfolio. Financials available upon request. No wholesalers, assignments, or creative financing! PROFESSIONALLY MANAGED IN-HOUSE

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Home facts

  • Year built:1964
  • Listing ID #:10197568
  • Added:378 day(s) ago
  • Updated:June 10, 2026 at 11:20 AM

Rooms and interior

  • Bedrooms:3
  • Total bathrooms:1
  • Full bathrooms:1
  • Rooms Total:3
  • Dining Description:Separate Dining Room
  • Bathrooms Description:All Bedrooms Down

Heating and cooling

  • Cooling:Central
  • Heating:Central

Structure and exterior

  • Year built:1964
  • Lot area:0.26 Acres
  • Lot Features:Level
  • Architectural Style:Traditional
  • Levels:1 Story

Finances and disclosures

  • Price:$122,200
  • Tax amount:$1,065

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