1545 OAKWOOD ST, Memphis, TN 38108
1545 OAKWOOD ST, Memphis, TN 38108
1545 OAKWOOD ST, Memphis, TN 38108
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Ashton Freeman

Ashton Freeman

+1(901) 215-8545
$115,000
Est. payment /mo
3 Beds
2 Baths
5,662 Sqft Lot
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UPDATED:

Key Details

Property Type Single Family Home

Sub Type Detached Single Family

Listing Status Active

Purchase Type For Sale

Subdivision Norwood

MLS Listing ID 10212650

Style Bungalow,Traditional

Bedrooms 3

Full Baths 2

Year Built 1913

Annual Tax Amount $831

Lot Size 5,662 Sqft

Property Sub-Type Detached Single Family

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.

Location

State TN

County Shelby

Area Vollintine/Northside

Rooms

Master Bedroom 0x0

Bedroom 2 Level 1, Vinyl/Luxury Vinyl Floor

Bedroom 3 Level 1, Vinyl/Luxury Vinyl Floor

Dining Room 0x0

Kitchen Separate Living Room, Updated/Renovated Kitchen, Washer/Dryer Connections

Interior

Interior Features All Window Treatments

Heating Central

Cooling Central

Flooring Smooth Ceiling, Tile, Vinyl/Luxury Vinyl Floor

Equipment Cable Available, Gas Cooking, Microwave, Range/Oven, Refrigerator

Exterior

Exterior Feature Double Pane Window(s), Vinyl Siding

Parking Features Driveway/Pad

Pool None

Roof Type Composition Shingles

Private Pool Yes

Building

Lot Description Landscaped, Level, Wood Fenced

Story 1

Foundation Slab

Sewer Public Sewer

Water Public Water

Others

Miscellaneous Wrought Iron Security Drs,Porch,Wood Fence

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Listed by Mark Wilson • Coldwell Banker Collins-Maury

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