Property Attributes
- MLS#10222225
- TypeSingle Family
- Listing Status Active
- CountySHELBY
- CityMemphis
- AreaEgypt Central
- NeighborhoodRALEIGH FARMS 1ST ADD
- Zip38128
- StyleTraditional
- Year Built1972
- Taxes$ 1565
- Price$ 149,950
- Bedrooms3
- Full Bathrooms1
- Half Bathrooms1
- Sqr Footage1321
- Lot Size0.2 Acres
Data Source:
Memphis MLS (MAAR)
Property Description
Move-in ready investment or owner-occupant opportunity! Currently tenant occupied with Section 8 income at $1,350/month but could potentially be owner-occupied in the future. No major repairs needed. FHA, VA & conventional financing considered. Features flexible living space, strong rental history & convenient Memphis location near shopping, schools & major roads. Great cash flow potential for investors seeking turnkey rental property. Seller relocating to purchase larger home. Qualified buyers only, no wholesalers or assignments.
| Price History | |
|---|---|
| 5/22/2026 | Listed $155,000 |
| 5/26/2026 | 1$154,000 |
| 5/28/2026 | 2$152,050 |
| 6/1/2026 | 2$149,950 |
General Features
| Heating | Central |
|---|---|
| Cooling | Central |
| Roof | Composition Shingles |
| Status | Active |
| Full Baths | 1 |
| Half Baths | 1 |
| Other Rooms | Laundry Room |
| Legal Subdivision Name | RALEIGH FARMS 1ST ADDN |
| Style | Traditional |
| Stories Count | 1 |
| County | Shelby |
| Class | Residential |
| Type | Detached Single Family |
| Condo | No |
| Area | 731B |
| Parcel Number | 090034 00003 |
| Status | Active |
| Annual City Tax | 766 |
| Annual County Tax | 799 |
| Sale/Rent | For Sale |
| Area | Egypt Central |
| Service Type | Full Service Listing |
| Neighborhood Association | Voluntary |
| Year Built | 1972 |
| Directions | Turn left on Ridgeway,left on Popular Avenue,merge onto 1-240 towards Nashville turning into 1-40,merge toward Austin Peay highway,take Raleigh |
| City | Memphis |
| DOM | 118 |
Interior Features
| Dining Room | 14x13 |
|---|---|
| Living Room | Separate Living Room,Separate Dining Room |
| Living Room Dimensions | 14x16 |
| Beds | 3 |
| Total Baths | 1.1 |
| Number of Rooms | 6 |
| Downstairs Bedrooms | 3 |
| MISC. INTERIOR | All Window Treatments |
| FLOORS/CEILINGS | Tile,Vinyl/Luxury Vinyl Floor |
| INTERIOR EQUIPMENT | Range/Oven,Continuous Cleaning Oven |
Exterior Features
| Foundation | Slab |
|---|---|
| Pool | None |
| Lot | 18 |
| Lot Size Area | 0.2 |
| Water & Sewer | Electric Water Heater |
| Lot Size | 67X130 |
| Parking Display | C1D |
| Lot Description | Level |
| # Covered Parking Spaces | 1 |
| PARKING/STORAGE | Driveway/Pad |
| EXTERIOR/WINDOWS | Brick Veneer |
| Misc. Exterior | Wrought Iron Security Drs,Patio,Covered Patio |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Copyright © 2026 Memphis Area Association of REALTORS®. The information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties that the consumer may be interested in purchasing. Information deemed reliable, but not guaranteed. Some or all of the listings displayed may not belong to the firm whose web site is being visited.
MLS United® - All information deemed reliable but not guaranteed. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating