$49,900

1263 NEWARK AVE, Memphis, TN 38106

2 beds |
1 bath |
831 sqft

Single-Family Home
Built in 1952
5,663sqft lot
—— car garage
$60/sqft
Listed 10 days ago

Property Description

Investment property in South Memphis - ready to be fixed up and rented out! Does need a rehab after tenant left last month and has been priced accordingly. Property is available for showings, so get with your agent to show! Market rent should be in the $900 range, possibly more if Sec. 8. Property will be conveyed AS-IS. Seller makes no warranties. Property will not qualify for any conventional loans. NO seller-financing or creative offers will be considered, per the Seller. No assignable offers will be considered.

Listing Status:: Active
Date Added:: February 6, 2026
Data Last Updated:: February 16, 2026 at 4:45PM
Listing Office:: Memphis Metro Realty : 901-352-6200
MLS ID:: 10214143

Rooms: 5
Flooring: Tile
A/C: Other (See REMARKS)
Heating: Other (See REMARKS)

General: Vinyl SidingWood Window(s)Other (See REMARKS)
Style: Traditional
Pool: None
Parking: Driveway/Pad

General: 1

County: South Memphis/Glenview

Zoning: 060016 00026

This listing courtesy of Memphis Metro Realty

Monthly Payment

$Est. Payment

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

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Location

Schools Nearby

Hamilton Elementary School

, Memphis, TN, 38106

Grades PK-5

0.87 miles away

Veritas College Preparatory

1500 Dunn Ave, Memphis, TN, 38106

Grades 6-8

0.89 miles away

The Excel Center

1490 Norris Rd, Memphis, TN, 38106

Grades 9-12

0.44 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.