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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:54 day(s) ago
  • Updated:June 14, 2026 at 10:50 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
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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