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About This Home
This 3-bedroom, 1-bathroom single family at 513 TONTO Dr in Memphis, TN is listed for $99,000 ($101 per sqft). Built in 1963, the home offers 978 sqft of living space on a 0.17 acres lot.
INVESTORS ONLY! Tenant occupied property that is rented for $975/month with a lease secured until 5/30/2027. Tenant has occupied the property since May 2020 and renewed their lease last year (2025) for 24 months. Roof was replaced in 2020 and owner did a thorough inspection and fix up in the Fall of 2024. Professional management in place, nothing to do but pick it up and start collecting rent! No sign in yard. No wholesalers, assignments, creative financing or owner financing. Please do not disturb tenant.
Key Features
- Built in 1963
- 0.17 acre lot
Property Details
Amenities
Monthly Cost Estimate
$529/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
513 TONTO Dr
Memphis, TN 38109
CHICKASAW VILLAGE 3RD ADDN
Features & Amenities
Exterior Features
Property Details
Flooring
Pool Features
Parking
Heating
Cooling
Questions & Answers
This 3-bedroom, 1-bathroom single family at 513 TONTO Dr is listed at $99,000 ($101/sqft). The estimated monthly payment is $429 based on 20% down at 6.5% interest.
Key features include: Built in 1963, 0.17 acre lot. Exterior Features: Patio.
This property is listed by Jeremy Veldman and can be reached at 6624187511 or Jrveldman@gmail.com.


