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About This Home
This 4-bedroom, 2-bathroom single family at 583 N FIFTH St in Memphis, TN is listed for $134,900 ($108 per sqft). Built in 1996, the home offers 1,247 sqft of living space on a 0.23 acres lot.
Investors, this updated professionally managed 4BD/1.5BA home is generating $995/month on a month-to-month lease - immediate income with full flexibility to renew or renegotiate on your timeline. Key updates already in place: central air & heat, updated bathrooms, LVP flooring, and a new stove.
Less deferred maintenance, more attractive to quality tenants. Situated on a 0.24-acre lot minutes from Downtown Memphis, St. Jude, the Medical District, and the Uptown corridor - one of Memphis's most active reinvestment areas. Easy access to I-40 and I-240. Do not disturb tenant. Showings by appointment with accepted offer and proof of funds. Photos reflect pre-tenancy condition. Property is currently tenant-occupied.
Key Features
- Built in 1996
- 0.23 acre lot
Property Details
Amenities
Monthly Cost Estimate
$721/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
583 N FIFTH St
Memphis, TN 38105
GREENLAW
Features & Amenities
Exterior Features
Property Details
Flooring
Heating
Cooling
Questions & Answers
This 4-bedroom, 2-bathroom single family at 583 N FIFTH St is listed at $134,900 ($108/sqft). The estimated monthly payment is $585 based on 20% down at 6.5% interest.
Key features include: Built in 1996, 0.23 acre lot. Exterior Features: Sidewalks.
This property is listed by Aaron Ivey and can be reached at 9016711015 or aivey@epmleasing.com.