565 HEMSLEY AVE, Memphis, TN 38109
Local realty services provided by:CENTURY 21 Home First Realtors
565 HEMSLEY AVE,Memphis, TN 38109
$199,500
- 4 Beds
- 2 Baths
- - sq. ft.
- Single family
- Active
Listed by: james wachob
Office: foundation property management
MLS#:10219466
Source:TN_MAAR
Price summary
- Price:$199,500
About this home
This property is leased at $1,800 per month ($21,600 annually) through 12/26/2026, with a cash-on-cash return of 4.80% and a monthly cash flow of $225.54. "All investment figures are estimates and verified independently by buyer." Investor-friendly opportunity in a steady Memphis rental corridor. This well-maintained home features a functional layout with comfortable living spaces, durable finishes, and ample natural light. Recent updates improve overall efficiency and help minimize maintenance, supporting long-term performance. The kitchen offers practical design with sufficient cabinetry, while the property shows solid condition inside and out with good curb appeal and usable outdoor space. Conveniently located near schools, shopping, and major routes, supporting consistent rental demand and long-term appreciation potential. Financials available upon request. No wholesalers, assignments, or creative financing! PROFESSIONALLY MANAGED IN-HOUSE
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Home facts
- Year built:2024
- Listing ID #:10219466
- Added:57 day(s) ago
- Updated:June 13, 2026 at 10:58 AM
Rooms and interior
- Bedrooms:4
- Total bathrooms:2
- Full bathrooms:2
- Rooms Total:6
- Flooring:Hardwood Throughout
- Dining Description:Separate Dining Room
- Bathrooms Description:All Bedrooms Down
Heating and cooling
- Cooling:Central
- Heating:Central
Structure and exterior
- Year built:2024
- Lot area:0.17 Acres
- Lot Features:Level
- Architectural Style:Traditional
- Construction Materials:Wood/Composition
- Exterior Features:Porch
- Levels:1 Story
Finances and disclosures
- Price:$199,500
- Tax amount:$2,561
Parking
- Parking description:Driveway/Pad
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