Memphis, TN Buy & Hold OR Flip Opportunity – Medium Rehab, Nice Spread3 Beds | 2 Baths | 1,238 SqFt | Built 1985This off-market East Memphis property is an excellent opportunity for investors seeking a high-mar...
Memphis, TN Buy & Hold OR Flip Opportunity – Medium Rehab, Nice Spread
3 Beds | 2 Baths | 1,238 SqFt | Built 1985
This off-market East Memphis property is an excellent opportunity for investors seeking a high-margin flip in a desirable market or rental. Strong retail comps in the $200,00 range that support significant upside with a light scope.
Rehab Overview – Estimated $20,000
3 bedrooms / 2 bathrooms
1,238 sqft
New Roof, Interior & Exterior paint
HVAC system ~needs replacement
Located in a prime rental and cashflow area in nice cove subdivision
Why This Deal Works
Family-friendly layout in a top-performing rental market
Solid comps with fast rental return rate and retail sale absorption — reduced hold times
Off-market opportunity with no direct retail competition
Contact for photos, comps, or to schedule access. Deals like this do not stay available long. Run your numbers and reach out today.
**We are assigning our position in this contract !
DISCLAIMER: This is an assignment of contract. A legally binding purchasing contract with memorandum has been signed with the Seller giving this company exclusive rights to purchase the property. This company does not represent the owner. We are NOT brokers and do not represent ourselves as such. DO NOT CONTACT THE OWNER/SELLER without our explicit consent. Any attempts to renegotiate or make contact with the owner will result in legal action.
Additional details
Type
Detached
Parking
Driveway
Built in
1985
Lot size
acres
Price$145,999
ARV
$210,000
Gross margin
$64,001
Deals nearby
$69,999
(ARV -
$155,000)
3 Beds
1 Baths
1702 sq.ft
$165,000
(ARV -
$240,000)
3 Beds
2 Baths
2204 sq.ft
$425,000
(ARV -
$480,000)
8 Beds
6 Baths
4758 sq.ft
$25,500
(ARV -
$135,000)
2 Beds
2 Baths
1394 sq.ft
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