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1545 OAKWOOD ST, Memphis, TN 38108

Memphis
Local realty services provided by:CENTURY 21 Home First Realtors
1545 OAKWOOD ST,Memphis, TN 38108
$120,000
  • 3 Beds
  • 2 Baths
  • - sq. ft.
  • Single family
  • Active
Listed by: mark wilson
Office: coldwell banker collins-maury
MLS#:10212650
Source:TN_MAAR

Price summary

  • Price:$120,000

About this home

Turnkey investment opportunity with immediate cash flow! This fully renovated 3-bedroom, 2-bath home is tenant occupied and currently generating $1,300 per month, offering strong returns from day one. With a list price of $120,000, this property exceeds the 1% rule, making it an attractive option for investors seeking solid ROI and positive cash flow. Renovated from the studs, updates include new electrical, plumbing, HVAC, water heater, windows, and exterior siding—minimizing maintenance concerns for years to come. Interior features include luxury vinyl flooring throughout main living areas and bedrooms, with tile in the kitchen and bathrooms for durability. The updated kitchen and bathrooms provide modern appeal that supports long-term tenant retention. This is a low-maintenance, income-producing asset ideal for both seasoned and out-of-state investors looking to expand their portfolio with confidence. Do not disturb tenant. No wholesalers/seller financing.

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Home facts

  • Year built:1913
  • Listing ID #:10212650
  • Added:103 day(s) ago
  • Updated:April 25, 2026 at 10:49 AM

Rooms and interior

  • Bedrooms:3
  • Total bathrooms:2
  • Full bathrooms:2
  • Rooms Total:6
  • Flooring:Tile
  • Bathrooms Description:All Bedrooms Down, Double Vanity Bath, Full Bath Down, Renovated Bathroom, Split Bedroom Plan
  • Kitchen Description:Gas Cooking, Microwave, Range/Oven, Refrigerator, Updated/Renovated Kitchen

Heating and cooling

  • Cooling:Central
  • Heating:Central

Structure and exterior

  • Roof:Composition Shingles
  • Year built:1913
  • Lot area:0.13 Acres
  • Lot Features:Landscaped, Level, Wood Fenced
  • Architectural Style:Bungalow, Traditional
  • Construction Materials:Vinyl Siding
  • Exterior Features:Porch, Wood Fence
  • Foundation Description:Slab
  • Levels:1 Story

Utilities

  • Water:Public Water
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$120,000
  • Tax amount:$831

Features and amenities

  • Amenities:All Window Treatments, Cable Available

Parking

  • Parking description:Driveway/Pad
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