516 JEANNE DR, Memphis, TN 38109
516 JEANNE DR, Memphis, TN 38109
516 JEANNE DR, Memphis, TN 38109
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$135,000
Est. payment /mo
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3 Beds
1 Bath
0.36 Acres Lot
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516 JEANNE DR Memphis, TN 38109

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Ginia Williams

Ginia Williams

+1(901) 305-3337

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Detached Single Family

Listing Status Active

Purchase Type For Sale

Subdivision Whitehaven Park Fifth Addn

MLS Listing ID 10219710

Style Traditional

Bedrooms 3

Full Baths 1

Year Built 1953

Annual Tax Amount $1,897

Lot Size 0.360 Acres

Property Sub-Type Detached Single Family

Property Description

Renovated in 2024, this income-producing property is a strong opportunity for investors seeking a turnkey, rent-ready asset with professional management already in place. The home offers a functional layout featuring a spacious living area, updated finishes, and well-sized bedrooms designed for comfortable living. Exterior highlights include a large backyard and ample parking, adding to long-term tenant appeal. Currently tenant-occupied and professionally managed by Mid South Best Rentals, this property provides immediate cash flow and a seamless transition for the new owner. The lease will remain in place, with all tenant rights transferring —making this a true hassle-free investment opportunity. Drive-by only; do not disturb tenant. Leased through January 2027.

Location

State TN

County Shelby

Area Whitehaven/Graves

Rooms

Master Bedroom 0x0

Bedroom 2 Level 1

Bedroom 3 Level 1

Dining Room 0x0

Kitchen Separate Living Room

Interior

Heating Central

Cooling Central

Flooring Part Carpet, Textured Ceiling

Fireplaces Number 1

Fireplaces Type Decorative Only

Exterior

Exterior Feature Brick Veneer

Parking Features Driveway/Pad

Pool None

Roof Type Composition Shingles

Private Pool Yes

Building

Lot Description Some Trees

Story 1

Foundation Conventional

Sewer Public Sewer

Water Public Water

Others

Miscellaneous Porch

Listed by Amy D Woods • Crye-Leike, Inc., REALTORS

NEARBY SCHOOL & BUSINESS

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Ginia Williams

Ginia Williams

Realtor | License ID: 361226

+1(901) 305-3337

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516 JEANNE DR