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516 JEANNE DR, Memphis, TN 38109

Memphis
Local realty services provided by:CENTURY 21 Home First Realtors
516 JEANNE DR,Memphis, TN 38109
$135,000
  • 3 Beds
  • 1 Baths
  • - sq. ft.
  • Single family
  • Active
Listed by: amy woods
Office: crye-leike, inc., realtors
MLS#:10219710
Source:TN_MAAR

Price summary

  • Price:$135,000

About this home

Renovated in 2024, this income-producing property is a strong opportunity for investors seeking a turnkey, rent-ready asset with professional management already in place. The home offers a functional layout featuring a spacious living area, updated finishes, and well-sized bedrooms designed for comfortable living. Exterior highlights include a large backyard and ample parking, adding to long-term tenant appeal. Currently tenant-occupied and professionally managed by Mid South Best Rentals, this property provides immediate cash flow and a seamless transition for the new owner. The lease will remain in place, with all tenant rights transferring —making this a true hassle-free investment opportunity. Drive-by only; do not disturb tenant.

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Home facts

  • Year built:1953
  • Listing ID #:10219710
  • Added:1 day(s) ago
  • Updated:April 22, 2026 at 10:55 AM

Rooms and interior

  • Bedrooms:3
  • Total bathrooms:1
  • Full bathrooms:1
  • Rooms Total:6
  • Flooring:Part Carpet
  • Bathrooms Description:1 or More BR Down, All Bedrooms Down, Renovated Bathroom
  • Basement Description:Conventional

Heating and cooling

  • Cooling:Central
  • Heating:Central

Structure and exterior

  • Roof:Composition Shingles
  • Year built:1953
  • Lot area:0.36 Acres
  • Lot Features:Some Trees
  • Architectural Style:Traditional
  • Construction Materials:Brick Veneer
  • Exterior Features:Porch
  • Foundation Description:Conventional
  • Levels:1 Story

Utilities

  • Water:Public Water
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$135,000
  • Tax amount:$1,897

Parking

  • Parking description:Driveway/Pad
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