194 E BISCAYNE RD, Memphis, TN 38109
Local realty services provided by:CENTURY 21 Home First Realtors
194 E BISCAYNE RD,Memphis, TN 38109
$130,000
- 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:$130,000
About this 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
- Listing ID #:10224807
- Added:1 day(s) ago
- Updated:June 26, 2026 at 10:51 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:$130,000
- Tax amount:$789
Parking
- Parking description:Driveway/Pad, On-Street Parking
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