695 Marsh Ave, Memphis, TN 38127

$97,000
2
BD
1
BA

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List Price
$97,000
Status
ACTIVE
MLS#
10218494
Bedrooms
2
Bathrooms
1
Lot Size
80X60

Property Description

Turnkey investment opportunity at 695 Marsh Ave in Memphis. This two bedroom, one bathroom property is tenant occupied with immediate cash flow. Interior has been renovated and interior photos are available upon request. Current rent is $993 per month with a 10% late fee after the 5th. Lease is in place from 01/20/2026 through 01/19/2027 providing stable, predictable income. Tenant is responsible for all utilities which helps minimize landlord expenses. Property offers a simple layout, low maintenance, and strong rental fundamentals for investors looking to add to their portfolio. Whether you are a new investor or expanding your holdings, this is a solid income producing opportunity with built in cash flow from day one. Do not disturb tenant. No showings until accepted offer.

Additional Information

Acres
0.11
Annual City Tax
526
Annual County Tax
549
Cooling
Central
Exterior
Other (See REMARKS)
Exterior Windows
Aluminum/Steel Siding
Floors Ceilings
Tile, Vinyl/Luxury Vinyl Floor
Foundation
Slab
Heating
Central
Legal Subdivision
Jefferson Park Blk 2
Living Dining Kitchen
LR/DR Combination, Updated/Renovated Kitchen
Lot
PT 2 & 3
Lot Description
Level
Lot Size
80X60
Neighborhood Amenities
None
Parking Storage
Driveway/Pad
Roof
Composition Shingles
Stories
1
Style
Traditional
Subdivision
JEFFERSON PARK BLK 2
Subtype
Detached Single Family
Water Sewer
Public Water, Public Sewer
Year Built
1941

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Calculator source: Real Geeks

Listing courtesy of Fast Track Realty, LLC.

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