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1688 HAYWOOD AVE, Memphis, TN 38127

Memphis
Local realty services provided by:CENTURY 21 Home First Realtors
1688 HAYWOOD AVE,Memphis, TN 38127
$91,000
  • 3 Beds
  • 2 Baths
  • - sq. ft.
  • Single family
  • Active
Listed by: james wachob
Office: foundation property management
MLS#:10218276
Source:TN_MAAR

Price summary

  • Price:$91,000

About this home

Turnkey investment opportunity with tenant in place paying $995/month ($11,940 annually), providing immediate cash flow. Estimated monthly cash flow of $227.34 with a projected 9.33% cash-on-cash return. Professionally managed 3BR/1.5BA brick home (built 1958) featuring ~1,200 sq ft of living space, hardwood flooring, large windows for natural light, and a spacious 0.31-acre lot in the Moores Land/Frayser area. Property underwent a full rehab in January 2025 and includes a 2-ton condenser (1 year old) and a water heater (2 years old), offering improved system reliability and reduced near-term maintenance. Strong rental demand location with stable in-place tenancy supporting long-term performance. Professionally managed. No wholesalers, assignments, or creative financing! DO NOT APPROACH OR DISTURB TENANTS. No showings without an accepted offer. Leased through 5/06/2026 at $995/month.

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Home facts

  • Year built:1958
  • Listing ID #:10218276
  • Added:55 day(s) ago
  • Updated:May 27, 2026 at 10:44 AM

Rooms and interior

  • Bedrooms:3
  • Total bathrooms:2
  • Full bathrooms:1
  • Half bathrooms:1
  • Rooms Total:6
  • Flooring:Part Carpet, Tile
  • Dining Description:Separate Dining Room
  • Bathrooms Description:All Bedrooms Down

Heating and cooling

  • Cooling:Central
  • Heating:Central

Structure and exterior

  • Year built:1958
  • Lot area:0.31 Acres
  • Lot Features:Level
  • Architectural Style:Traditional
  • Construction Materials:Brick Veneer
  • Levels:1 Story

Finances and disclosures

  • Price:$91,000
  • Tax amount:$884

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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