About This Home

This 2-bedroom, 1-bathroom single family at 1936 THE ELMS Ave in Memphis, TN is listed for $75,000 ($62 per sqft). Built in 1950, the home offers 1,204 sqft of living space on a 0.22 acres lot.

Key Features

  • Built in 1950
  • 0.22 acre lot

Property Details

1 story
1 full
1950

Amenities

HardwoodA/C
Listing Description

PRICE IMPROVEMENT! Better than the 1% rule! TENANT OCCUPIED-DO NOT DISTURB TENANT. This recently renovated, well-maintained home is currently renting for $800 per month, immediately producing income for the next owner. Please make offers contingent on inspection.

Monthly Cost Estimate

$401/mo

20% down · 6.5% · 30 years

Principal$54
Interest$325
Insurance$22

Estimates only. Actual payments may vary.

Location

1936 THE ELMS Ave

Memphis, TN 38127

RUGBY THIRD ADDITION

Features & Amenities

Exterior Features

Wrought Iron Security Drs

Property Details

Flooring

Hardwood

Parking

Driveway

Heating

Central

Cooling

Central Air

Questions & Answers

This 2-bedroom, 1-bathroom single family at 1936 THE ELMS Ave is listed at $75,000 ($62/sqft). The estimated monthly payment is $401 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1950, 0.22 acre lot. Exterior Features: Wrought Iron Security Drs.

This property is listed by Aaron Ivey.

AI

Aaron Ivey

Agent at Memphis Real Estate Advisors, brokered by eXp Realty, LLC

Listed by Memphis Real Estate Advisors, brokered by eXp Realty, LLC · Broker phone: (901) 461-0905 · View on Broker Site · Broker website

MLS# 10229725· Source: Memphis Area Association of Realtors®· 56 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.

1936 THE ELMS Ave, Memphis, TN 38127

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