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1589 E MCLEMORE AVE, Memphis, TN 38106

Memphis
Local realty services provided by:CENTURY 21 Home First Realtors
1589 E MCLEMORE AVE,Memphis, TN 38106
$176,900
  • 3 Beds
  • 1 Baths
  • - sq. ft.
  • Single family
  • Active
Listed by: james wachob
Office: foundation property management
MLS#:10195308
Source:TN_MAAR

Price summary

  • Price:$176,900

About this home

This property is leased at $1,325 per month through 06/02/2028, with a cash-on-cash return of 5.76% and a monthly cash flow of $243.47. Renovated property positioned for strong rental performance with thoughtful updates throughout. Major improvements include a new roof with updated decking, new HVAC system (furnace and AC), and full interior repaint with modern finishes. Kitchen has been refreshed with painted cabinets, new countertops, sink, and fixtures, while bathrooms feature updated toilets and repairs. Additional upgrades include smart locks, improved insulation, and exterior concrete repairs with fresh paint. Clean, functional layout with durable, low-maintenance features ideal for long-term hold. Financials available upon request. No wholesalers, assignments, or creative financing! PROFESSIONALLY MANAGED IN-HOUSE Owner/Agent

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Home facts

  • Year built:1927
  • Listing ID #:10195308
  • Added:383 day(s) ago
  • Updated:June 10, 2026 at 10:50 AM

Rooms and interior

  • Bedrooms:3
  • Total bathrooms:1
  • Full bathrooms:1
  • Rooms Total:6

Heating and cooling

  • Cooling:Central
  • Heating:Central

Structure and exterior

  • Year built:1927
  • Lot area:0.14 Acres
  • Lot Features:Some Trees, Wood Fenced
  • Architectural Style:Traditional
  • Construction Materials:Brick Veneer
  • Exterior Features:Deck, Porch
  • Levels:1 Story

Finances and disclosures

  • Price:$176,900
  • Tax amount:$822

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

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