Just Listed
Address
538 E Mckellar Ave, Memphis, TN
Price
$ 89,900
Property Attributes
  • MLS#10230880
  • TypeSingle Family
  • Listing Status Active
  • CountySHELBY
  • CityMemphis
  • AreaSouth Memphis-61 Hwy
  • NeighborhoodLongview Heights 1st Add Blk 239
  • Zip38106
  • StyleTraditional
  • Year Built1928
  • Taxes$ 1282
  • Price$ 89,900
  • Bedrooms3
  • Full Bathrooms2
  • Half Bathrooms0
  • Sqr Footage1615
Data Source:
Memphis MLS (MAAR)
Property Description

Solid 3 bedroom, 2 bath investment property, offered as a turnkey investment. A long-term tenant is currently in place on a month-to-month lease, paying $1,073/month, delivering immediate cash flow from close with no vacancy or lease-up period. Property will not be shown until an offer is accepted — buyer to underwrite on rent roll and photos, with inspection contingency as needed. Cash or conventional financing only; no creative financing (no seller financing, subject-to, wraps, or lease-options will be considered). Highlights: 3 bed / 2 bath Long-term tenant in place, month-to-month Current rent: $1,073/month No showings prior to accepted offer Cash or conventional financing only — no creative financing

Price History
9/22/2026 Listed $89,900

General Features

Heating Central
Cooling Central
Roof Composition Shingles
Status Active
Full Baths 2
Legal Subdivision Name Longview Heights 1st Add Blk 239
Style Traditional
Stories Count 1
County Shelby
Class Residential
Type Detached Single Family
Condo No
Area 747.
Parcel Number 049013 00012C
Status Active
Annual City Tax 628
Annual County Tax 654
Sale/Rent For Sale
Area South Memphis/61 Hwy
Service Type Full Service Listing
Neighborhood Association None
Year Built 1928
Directions From Downtown Memphis,take S Main St south,then turn left onto E McLemore Ave. Continue and turn right onto S Lauderdale St,then left onto E McKellar Ave.
City Memphis

Interior Features

Living Room Separate Living Room
Beds 3
Total Baths 2
Number of Rooms 4
FLOORS/CEILINGS Other (See REMARKS)

Exterior Features

Foundation Conventional
Pool None
Lot Size 75X150
Parking Display G1A
Lot Description Level
# Covered Parking Spaces 1
PARKING/STORAGE Driveway/Pad
EXTERIOR/WINDOWS Brick Veneer
Misc. Exterior Wrought Iron Security Drs

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

Property vs Single Family Average in 38106

Price
AVG $90K
$90K
Taxes
AVG $845
$1,282
Year Built
AVG 1950
1928

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