About This Home

This 3-bedroom, 1-bathroom single family at 1196 CANNON St in Memphis, TN is listed for $85,000 ($72 per sqft). Built in 1970, the home offers 1,187 sqft of living space on a 0.23 acres lot.

Key Features

  • Built in 1970
  • 0.23 acre lot

Property Details

1 story
1 full
1-car garage
1970

Amenities

A/C
Listing Description

INVESTOR SPECIAL! GREAT RENTAL OPPORTUNITY! Looking to expand your investment portfolio? This 3-bedroom, 1-bath home with a carport offers excellent potential for investors! Previously tenant-occupied with a rental history of $1,000 per month, this property presents an opportunity for those seeking a future income-producing investment.

With a little TLC and a few updates, this home could be ready for its next tenant! Whether you're a seasoned investor or just getting started, this property is worth a look. Bring your vision and explore the possibilities!

Monthly Cost Estimate

$455/mo

20% down · 6.5% · 30 years

Principal$61
Interest$368
Insurance$25

Estimates only. Actual payments may vary.

Location

1196 CANNON St

Memphis, TN 38106

ORGILL

Features & Amenities

Exterior Features

Wrought Iron Security DrsStorage BuildingChain FenceSidewalks

Property Details

Flooring

Laminate

Parking

Driveway

Heating

Central

Cooling

Central Air

Questions & Answers

This 3-bedroom, 1-bathroom single family at 1196 CANNON St is listed at $85,000 ($72/sqft). The estimated monthly payment is $455 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1970, 0.23 acre lot. Exterior Features: Wrought Iron Security Drs, Storage Building, Chain Fence.

This property is listed by Chelena Allen.

CA

Chelena Allen

Agent at BenchMark at Southwind LLC,

Listed by BenchMark at Southwind LLC, · Broker phone: (901) 461-9717 · View on Broker Site · Broker website

MLS# 10232226· Source: Memphis Area Association of Realtors®· 16 days on PropertySimple

Copyright © 2026 Memphis Area Association of Realtors®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

1196 CANNON St, Memphis, TN 38106

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