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194 E BISCAYNE RD, Memphis, TN 38109

Memphis
Local realty services provided by:CENTURY 21 Home First Realtors
194 E BISCAYNE RD,Memphis, TN 38109
$124,900
  • 4 Beds
  • 2 Baths
  • - sq. ft.
  • Single family
  • Active
Listed by: alissa anderson
Office: kaizen realty, llc.
MLS#:10224807
Source:TN_MAAR

Price summary

  • Price:$124,900

About this home

VA/FHA Approved home! Seller offering rate buy down on DSCR loans for this property and a 1 year everything warranty also 4 bed, 2 bath brick home in Memphis fully renovated, this property is generating income from day one. No rehab costs, no holding costs while you wait on repairs, just collect the rent checks from the property manager! This home is rented at $1195 on an annual Section 8 lease putting your potential gross yield in the 10-12% range at asking price. (do your own due diligence) Solid numbers for a single-family buy and hold. The brick construction means low exterior maintenance and durability that newer vinyl sided homes can't match. Updates are already done, so your capital goes toward acquiring the asset, not fixing it. Memphis continues to attract investors with its low entry prices, strong rental demand, and landlord-friendly Tennessee laws like no rent control, straightforward eviction process, and no state income tax.

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Home facts

  • Year built:1956
  • Subdivision & Development:BARTON HEIGHTS 1ST ADD
  • Listing ID #:10224807
  • Added:78 day(s) ago
  • Updated:September 12, 2026 at 11:17 AM

Rooms and interior

  • Bedrooms:4
  • Total bathrooms:2
  • Full bathrooms:2
  • Rooms Total:6
  • Bathrooms Description:1 or More BR Down, All Bedrooms Down, Full Bath Down
  • Kitchen Description:Eat-In Kitchen

Heating and cooling

  • Heating:Wall Unit

Structure and exterior

  • Year built:1956
  • Lot area:0.32 Acres
  • Lot Features:Wooded
  • Architectural Style:Traditional
  • Construction Materials:Brick Veneer
  • Exterior Features:Porch
  • Levels:1 Story

Finances and disclosures

  • Price:$124,900
  • Tax amount:$789

Parking

  • Parking description:Driveway/Pad, On-Street Parking
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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