Address
389 W Mitchell Rd, Memphis, TN
Price
$ 118,000
Property Attributes
  • MLS#10225449
  • TypeSingle Family
  • Listing Status Active
  • CountySHELBY
  • CityMemphis
  • AreaMitchell-Westwood
  • NeighborhoodJ E WALKER HOMES
  • Zip38109
  • StyleTraditional
  • Year Built1956
  • Taxes$ 911
  • Price$ 118,000
  • Bedrooms3
  • Full Bathrooms1
  • Half Bathrooms0
  • Sqr Footage948
  • Lot Size0.2 Acres
Data Source:
Memphis MLS (MAAR)
Property Description

CALLING ALL INVESTORS!!!  Seller is willing to sell this property as part of a package with 2961-2963 GRENADIER CV/Vacant and 5025 BERTA RD/Occupied at a REDUCED PRICE. Contact co-listing or your agent for more info! This tenant-occupied rental offers an opportunity to add another income-producing property to your portfolio. This 3-bedroom, 1-bath single-family home is currently generating $1,045/ month in rental income, with the current lease running through 04/03/2028. An opportunity to purchase an income-producing property with a tenant already in place. Please do not disturb the tenant. No showings without an accepted offer. NO wholesale, assignment or creative financing offers will be accepted. Financials available upon request. Professionally Managed IN-HOUSE

Price History
7/6/2026 Listed $118,000

General Features

Heating Central
Cooling Central
Status Active
Full Baths 1
Legal Subdivision Name J E WALKER HOMES
Style Traditional
Stories Count 1
County Shelby
Class Residential
Type Detached Single Family
Condo No
Area 762B
Parcel Number 075087 00011
Status Active
Annual City Tax 446
Annual County Tax 465
Sale/Rent For Sale
Area Mitchell/Westwood
Service Type Full Service Listing
Neighborhood Association None
Year Built 1956
Directions From New Horn Lake Rd,go West on W Mitchell Rd; property on left.
City Memphis
DOM 73

Interior Features

Living Room Separate Dining Room,Vinyl/Luxury Vinyl Floor
Beds 3
Total Baths 1
Number of Rooms 5
Downstairs Bedrooms 3
FLOORS/CEILINGS Vinyl/Luxury Vinyl Floor

Exterior Features

Pool None
Lot 3
Lot Size Area 0.2
Lot Size 60X150
Parking Display No
Lot Description Level
PARKING/STORAGE Driveway/Pad
EXTERIOR/WINDOWS Brick Veneer,Vinyl 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 38109

Price
AVG $110K
$120K
Taxes
AVG $1,227
$911
Year Built
AVG 1963
1956
Visits
AVG 81
48
Data Provided by Inside Real Estate®