9
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$135,000
Est. payment /mo
2 Beds
1 Bath
7,405 Sqft Lot
Active
1188 TANGLEWOOD ST Memphis, TN 38114
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Key Details
Property Type Single Family Home
Sub Type Detached Single Family
Listing Status Active
Purchase Type For Sale
Subdivision Tanglewood Terrace
MLS Listing ID 10226802
Style Traditional
Bedrooms 2
Full Baths 1
Year Built 1924
Annual Tax Amount $1,254
Lot Size 7,405 Sqft
Property Sub-Type Detached Single Family
Property Description
ATTENTION INVESTORS! Tenant-occupied investment opportunity on a desirable corner lot just 0.5 miles from the Cooper-Young Historic District. The property is currently rented for $935/month to a stable, long-term tenant who has occupied the home since 2015. The lease is in place through April 30, 2027, with current rent and a consistent payment history. The home features a spacious den with a fireplace, separate dining room, updated kitchen, and a private, fenced backyard. Conveniently located near the shops, dining, and entertainment of Cooper-Young, this property offers an attractive combination of established rental income and long-term value-add potential. Don't miss the opportunity to add this gem to your portfolio! Professionally managed, please do not disturb tenant. Lease and tenant ledger available upon request. Professionally managed. Please do not disturb the tenant. No wholesale, owner financing, or creative financing offers.
Location
State TN
County Shelby
Area South Memphis/Glenview
Rooms
Master Bedroom 10x10
Dining Room 10x10
Kitchen Eat-In Kitchen
Interior
Heating Central
Cooling Central
Flooring Part Carpet
Exterior
Exterior Feature Other (See Remarks)
Parking Features Driveway/Pad
Pool None
Private Pool Yes
Building
Lot Description Level
Story 1
Others
Miscellaneous Patio
Listed by Jeremy R Veldman • KAIZEN Realty, LLC
NEARBY SCHOOL & BUSINESS
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