1545 Oakwood St, Memphis, TN 38108
- $114,900
- 3
- BD
- 2
- BA
- List Price
- $114,900
- Status
- ACTIVE
- MLS#
- 10212650
- Price Change
- ▼ $100 1781134813
- Bedrooms
- 3
- Bathrooms
- 2
- Lot Size
- 40X150
Property Description
Turnkey investment opportunity with immediate cash flow! This fully renovated 3-bedroom, 2-bath home is tenant occupied and currently generating $1,300 per month, offering strong returns from day one. With a list price of $115,00, and almost a 14% gross ROI, this is a great option for investors seeking solid ROI and positive cash flow. Renovated from the studs, updates include new electrical, plumbing, HVAC, water heater, windows, and exterior siding—minimizing maintenance concerns for years to come. Interior features include luxury vinyl flooring throughout main living areas and bedrooms, with tile in the kitchen and bathrooms for durability. The updated kitchen and bathrooms provide modern appeal that supports long-term tenant retention. This is a low-maintenance, income-producing asset ideal for both seasoned and out-of-state investors looking to expand their portfolio with confidence. Do not disturb tenant. No wholesalers/seller financing.
Additional Information
- Acres
- 0.13
- Annual City Tax
- 407
- Annual County Tax
- 424
- Bedroom Three Description
- Level 1, Vinyl/Luxury Vinyl Floor
- Bedroom Two Description
- Level 1, Vinyl/Luxury Vinyl Floor
- Cooling
- Central
- Exterior
- Wrought Iron Security Drs, Porch, Wood Fence
- Exterior Windows
- Vinyl Siding, Double Pane Window(s)
- Floors Ceilings
- Tile, Vinyl/Luxury Vinyl Floor, Smooth Ceiling
- Foundation
- Slab
- Heating
- Central
- Interior Equipment
- Range/Oven, Gas Cooking, Microwave, Refrigerator, Cable Available
- Legal Subdivision
- Norwood
- Living Dining Kitchen
- Separate Living Room, Updated/Renovated Kitchen, Washer/Dryer Connections
- Lot
- 78
- Lot Description
- Level, Landscaped, Wood Fenced
- Lot Size
- 40X150
- Misc Interior
- All Window Treatments
- Neighborhood Amenities
- None
- New Financing
- Conventional, FHA, VA
- Parking Storage
- Driveway/Pad
- Roof
- Composition Shingles
- Stories
- 1
- Style
- Traditional, Bungalow
- Subdivision
- NORWOOD
- Subtype
- Detached Single Family
- Water Sewer
- Public Water, Public Sewer
- Year Built
- 1913
Mortgage Calculator
Listing courtesy of Coldwell Banker Collins-Maury.
Some or all of the listings displayed may not belong to the firm whose website is being visited
Copyright© 2026 Memphis Area Association of REALTORS®. The information provided is for the consumer's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties that the consumer may be interested in purchasing. Information deemed reliable, but is not guaranteed accurate. Some or all of the listings displayed may not belong to the firm whose web site is being visited.