$70,000

3017 GULF AVE # 7, Memphis, TN 38114

1 bed |
1 bath |
576 sqft

Single-Family Home
Built in 1950
5.93acre lot
—— car garage
$122/sqft
Listed 9 months ago

Property Description

ATTENTION INVESTORS! This Turnkey cash-flowing rental at 3017 Gulf Ave has been RENOVATED and professionally managed, leased through 4/30/27. That’s instant income from day one! Highlights include: New 30-year architectural shingle roof, Full HVAC system replacement, New water heater, Durable hard-surface flooring, Updated kitchen & bathroom, All-brick construction. Managed by a trusted local team, this property offers true hands-off investing. Whether you're expanding your portfolio or buying your first Memphis rental, this is a solid, income-generating asset. Act fast—cash-flowing, renovated homes with long-term tenants don’t last! DO NOT DISTURB TENANTS

Listing Status:: Active
Date Added:: January 2, 2025 at 12:00AM
Listing Office:: Foundation Property Management : 901-633-1484
MLS ID:: 10187414

Rooms: 1
Flooring: Part Carpet
A/C: Central
Heating: Central

General: Wood/CompositionPorch
Style: Traditional
Pool: None
Parking: Driveway/PadParking spaces: 0

General: 1

County: Pendleton/Park

Zoning: 059016 00177

This listing courtesy of Foundation Property Management

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Cherokee Elementary School

3061 Kimball Ave, Memphis, TN, 38114

Grades PK-5

0.11 miles away

Compass Community School Orange Mound Campus

2718 Lamar Ave, Memphis, TN, 38114

Grades KG-8

0.62 miles away

Melrose High School

2870 Deadrick Ave, Memphis, TN, 38114

Grades 9-12

0.87 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.