# 513 TONTO Dr, Memphis, TN 38109

> **TL;DR:** 3bd/1ba single family, $99,000 ($101/sqft), built 1963, 978 sqft.
> A/C. Est. $429/mo. Listed 8 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $99,000 |
| Price/sqft | $101 |
| Bedrooms | 3 |
| Bathrooms | 1 full |
| Square Feet | 978 |
| Year Built | 1963 |
| Lot Size | 7,405 sqft (0.17 acres) |
| Stories | 1 |
| Property Type | Single Family (Other) |
| Status | For Sale |
| Days on Market | 8 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $429 |
| **Total** | **$429** |

## Key Amenities

- A/C

## Property Highlights

- Built in 1963
- 0.17 acre lot

## Description

### Agent Description
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.

## Location

- **Address:** 513 TONTO Dr, Memphis, TN 38109
- **County:** Shelby
- **Neighborhood:** CHICKASAW VILLAGE 3RD ADDN
- **Coordinates:** 35.029585, -90.081242
- **Google Maps:** https://www.google.com/maps?q=35.029585,-90.081242

## Listing Agent

- **Name:** Jeremy Veldman
- **Brokerage:** KAIZEN Realty, LLC
- **Phone:** 6624187511
- **Email:** Jrveldman@gmail.com

## Primary Photo

![513 TONTO Dr - Primary Photo](http://lh.rdcpix.com/c7d2fbf126ba2bc4868a093fc5246dcbl-f773424666r.jpg)

*10 total photos available on [listing page](https://www.propertysimple.com/listing/513-tonto-dr-memphis-tn-38109-10224505)*

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**MLS#:** 10224505 | **Updated:** 2026-06-24
**Source:** listhub

*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.*

[View on PropertySimple](https://www.propertysimple.com/listing/513-tonto-dr-memphis-tn-38109-10224505)

---

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  "description": "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 dist",
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