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About This Home
Built in 1954, this 4-bedroom 1-bath single family home sits on a 0.33-acre lot in Memphis. It has been meticulously maintained with a newer roof and features central air and central heat. The property is currently rented at $800 per month under a lease expiring August 30 2025 and is professionally managed.
Buyer failed financing on this home priced under appraised value. It is part of a 39-home package all located in 38127. The 1954-built structure offers four bedrooms and one bathroom with central cooling and heating. This single family home is among the 599 active listings in the Memphis market where the median home price is $209,000.
Buyer Failed financing, price under appraised value. Part of a 39 Home package all in 38127! Excellent investment property! Meticulously maintained . Newer roof. Tenant Occupied. No showings without accepted offer. Current rent is $850/mo. Professionally managed. Lease expires on 4/2/27
Key Features
- Built in 1954
- 0.33 acre lot
Property Details
Amenities
Monthly Cost Estimate
$588/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
951 JOEL Ave
Memphis, TN 38127
PATRICIA HEIGHTS SEC G BLK 4
Property Details
Flooring
Parking
Heating
Cooling
Questions & Answers
This 4-bedroom, 1-bathroom single family at 951 JOEL Ave is listed at $110,000 ($64/sqft). The estimated monthly payment is $477 based on 20% down at 6.5% interest.
Key features include: Built in 1954, 0.33 acre lot.
This property is listed by Caleb Hall and can be reached at 9015509021 or calebhall@kw.com.