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404 STONEHAM RD, Memphis, TN 38109

Memphis
Local realty services provided by:CENTURY 21 Home First Realtors
404 STONEHAM RD,Memphis, TN 38109
$115,000
  • 2 Beds
  • 1 Baths
  • - sq. ft.
  • Single family
  • Active
Listed by: james wachob
Office: foundation property management
MLS#:10200407
Source:TN_MAAR

Price summary

  • Price:$115,000

About this home

Turnkey investment opportunity with tenant in place paying $1,050/month through 2/28/2027, generating $12,600 in annual gross rental income. Estimated monthly cash flow of $156.83 with a projected 5.50% cash-on-cash return. Professionally managed asset offering immediate income and long-term rental potential. Tenant-occupied 3-bedroom, 1-bath home featuring LVP flooring in the kitchen, tile flooring in the bathroom, updated lighting fixtures and hardware, refreshed kitchen cabinetry, and a new vent hood. Spacious living area along with large front and back yards add to the property’s rental appeal. No wholesalers, assignments, or creative financing! TENANTED PROPERTY: DO NOT APPROACH OR DISTURB TENANTS. NO SHOWINGS WITHOUT AN ACCEPTED OFFER. Financials available upon request.

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Home facts

  • Year built:1960
  • Listing ID #:10200407
  • Added:329 day(s) ago
  • Updated:May 27, 2026 at 10:57 PM

Rooms and interior

  • Bedrooms:2
  • Total bathrooms:1
  • Full bathrooms:1
  • Rooms Total:5
  • Dining Description:Separate Dining Room
  • Bathrooms Description:All Bedrooms Down

Heating and cooling

  • Cooling:Central
  • Heating:Central

Structure and exterior

  • Year built:1960
  • Lot area:0.3 Acres
  • Lot Features:Level
  • Architectural Style:Traditional
  • Construction Materials:Brick Veneer
  • Levels:1 Story

Finances and disclosures

  • Price:$115,000
  • Tax amount:$1,215

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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