Address
695 Marsh Ave, Memphis, TN
Price
$ 97,000
Property Attributes
  • MLS#10218494
  • TypeSingle Family
  • Listing Status Active
  • CountySHELBY
  • CityMemphis
  • AreaWestside
  • NeighborhoodJEFFERSON PARK BLK 2
  • Zip38127
  • StyleTraditional
  • Year Built1941
  • Taxes$ 1075
  • Price$ 97,000
  • Bedrooms2
  • Full Bathrooms1
  • Half Bathrooms0
  • Sqr Footage616
  • Lot Size0.11 Acres
Data Source:
Memphis MLS (MAAR)
Property Description

Turnkey investment opportunity at 695 Marsh Ave in Memphis. This two bedroom, one bathroom property is tenant occupied with immediate cash flow. Interior has been renovated and interior photos are available upon request. Current rent is $993 per month with a 10% late fee after the 5th. Lease is in place from 01/20/2026 through 01/19/2027 providing stable, predictable income. Tenant is responsible for all utilities which helps minimize landlord expenses. Property offers a simple layout, low maintenance, and strong rental fundamentals for investors looking to add to their portfolio. Whether you are a new investor or expanding your holdings, this is a solid income producing opportunity with built in cash flow from day one. Do not disturb tenant. No showings until accepted offer.

Price History
4/4/2026 Listed $97,000

General Features

Heating Central
Cooling Central
Roof Composition Shingles
Status Active
Full Baths 1
Legal Subdivision Name JEFFERSON PARK BLK 2
Style Traditional
Stories Count 1
County Shelby
Class Residential
Type Detached Single Family
Condo No
Area 724A
Parcel Number 069011 00002
Status Active
Annual City Tax 526
Annual County Tax 549
Sale/Rent For Sale
Area Westside
Service Type Full Service Listing
Neighborhood Association None
Year Built 1941
Directions Head North on Hwy 51 toward Northgate St. Turn left on to Marsh Ave. Property will be on your left.
City Memphis
DOM 166

Interior Features

Living Room LR/DR Combination,Updated/Renovated Kitchen
Beds 2
Total Baths 1
Number of Rooms 4
Downstairs Bedrooms 2
FLOORS/CEILINGS Tile,Vinyl/Luxury Vinyl Floor

Exterior Features

Foundation Slab
Pool None
Lot PT 2 & 3
Lot Size Area 0.11
Water & Sewer Public Sewer,Public Water
Lot Size 80X60
Parking Display No
Lot Description Level
PARKING/STORAGE Driveway/Pad
EXTERIOR/WINDOWS Aluminum/Steel Siding
Misc. Exterior Other (See REMARKS)

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 38127

Price
AVG $110K
$100K
Taxes
AVG $1,046
$1,075
Year Built
AVG 1963
1941
Visits
AVG 63
119
Data Provided by Inside Real Estate®