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1907 KINGSLEY AVE, Memphis, TN 38127

Memphis
Local realty services provided by:CENTURY 21 Home First Realtors
1907 KINGSLEY AVE,Memphis, TN 38127
$86,000
  • 3 Beds
  • 2 Baths
  • - sq. ft.
  • Single family
  • Active
Listed by: james wachob
Office: foundation property management
MLS#:10218251
Source:TN_MAAR

Price summary

  • Price:$86,000

About this home

Turnkey investment opportunity with tenant in place paying $895/month ($10,740 annually), providing immediate cash flow. Estimated monthly cash flow of $172.85 with a projected 7.41% cash-on-cash return. Professionally managed 3BR/1.5BA ranch built in 1957 featuring ~1,046 sq ft of living space, hardwood flooring throughout, a carport, and a spacious ~0.29-acre lot in the Frayser neighborhood. Property underwent a full rehab in December 2024 and includes a 2-ton condenser installed 04/2025 and a 2-year-old water heater, offering improved system reliability and reduced maintenance concerns. Strong rental demand area with stable in-place tenancy supporting consistent 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 03/2028 at $895/month.

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Home facts

  • Year built:1957
  • Listing ID #:10218251
  • Added:54 day(s) ago
  • Updated:May 26, 2026 at 05:04 PM

Rooms and interior

  • Bedrooms:3
  • Total bathrooms:2
  • Full bathrooms:1
  • Half bathrooms:1
  • Rooms Total:5
  • Flooring:Part Hardwood
  • Dining Description:Separate Dining Room
  • Bathrooms Description:All Bedrooms Down

Heating and cooling

  • Cooling:Central
  • Heating:Central

Structure and exterior

  • Year built:1957
  • Lot area:0.29 Acres
  • Lot Features:Level
  • Architectural Style:Traditional
  • Construction Materials:Brick Veneer
  • Levels:1 Story

Finances and disclosures

  • Price:$86,000
  • Tax amount:$945

Parking

  • Parking description:Driveway/Pad
  • Garage spaces:1
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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