575 E Dison AveMemphis, TN 38106

Description

Rare investment opportunity in Memphis! This spacious 5-bedroom, 1-bath brick home is a cash-flowing rental property with a long-term tenant currently paying $1,650/month. Ideal for investors looking to add a stabilized income-producing asset to their portfolio. Features include hardwood flooring, updated interior paint, large living spaces, separate dining area, generous natural light, and a functional kitchen layout. The property offers strong rental appeal with its size and layout, making it attractive for continued long-term occupancy. Conveniently located near major roads, Downtown Memphis, shopping, schools, and employment areas. Do not disturb tenant. Property is being marketed as an investment property only. Immediate income from day one.

Property Information

Property type

Residential

Sub-type

Single Family Residence

Style

Traditional

Year built

1955

Stories

1

Building area

2,040 Sq Ft

Lot size

0.17 acres

Days on market

108

MLS^® Listing#

10224447

Property Features

Interior

Eat-in Kitchen

Exterior

Storage

Cooling

Central Air

Heating

Natural Gas

Flooring

Tile · Hardwood

Pool

None

Parking

Driveway

Lot features

Wooded

Construction

Aluminum Siding

Other structures

Storage

Financial Details

Annual taxes

$1,317

Parcel number

049036 00002

Directions

From I-240 take Exit 24 toward Lamar Ave. Turn north on Mississippi Blvd, then east on E Dison Ave. Property located on the left at 575 E Dison Ave.