Now Priced: $179,900 (AS-IS). This home is a great investor opportunity or value-add primary home under $180K in the high rental demand area of 38115. This 3-bedroom, 2-bathrooms home offers over 1,700 sq ft of living space, featuring an open-concept layout with a living room, den, and dining area?ideal for both renovation resale or long-term rental strategy. Major update already completed, including a newer roof, allowing investors or savvy buyers to focus primarily on cosmetic improvements. Located in a high-demand rental pocket of 38115, this property presents a strong income-producing opportunity with projected rental rates between $1,400?$1,600/month. The large fenced backyard with patio. Cash offers and Conventional loans only. Don't miss this opportunity to add to your portfolio! Seller agrees to offer $2,000 seller credit to buyer with reasonable offer. Additional photos are available upon request. **PROOF OF FUNDS ARE REQUIRED WITH ALL OFFERS.**
Listed By
Agency Name: Keller Williams
Shown By
Agent Name: Gary Garland
Agent Phone: Cell: (901) 335-4842
Agency Title: Crye-Leike Real Estate Services
Estimated Payment
$ 452.85 per month $400.38 Principal & Interest $0.00 Property Tax (data not provided by mls) $52.47 Homeowner's Insurance
5542 Knight Arnold Rd | MLS# 10213131
This single family home located at 5542 Knight Arnold Rd, Memphis, TN 38115 is currently listed for sale with an asking price of $179,900. This property was built in 1968 and has 3 bedrooms and 2 full baths. Knight Arnold Rd is located in the Fox Meadows BLK D subdivision. Search Fox Meadows BLK D real estate on www.garygarland.com today.