1382 MARY JANE AVE, Memphis, TN 38116

• 3 beds |
• 1 bath |
• 1,145 sqft

Property Description

This property is leased at $1,175 per month ($14,100 annually) through 03/31/2028, with a cash-on-cash return of 6.51% and a monthly cash flow of $200.99. "All investment figures are estimates and verified independently by buyer." Investor-ready opportunity in a well-established Memphis rental area. This home offers a functional layout with comfortable living spaces, durable finishes, and good natural light throughout. Recent updates improve overall efficiency and help reduce maintenance, supporting long-term performance. The kitchen features ample cabinetry and practical design, while the property shows solid condition inside and out with strong curb appeal and usable yard space. Conveniently located near schools, shopping, and major roadways, supporting consistent rental demand and long-term appreciation potential. A dependable addition to any investment portfolio. Financials available upon request. No wholesalers, assignments, or creative financing! PROFESSIONALLY MANAGED IN-HOUSE

Listing Status:

Active

Date Added:

May 27, 2025

Data Last Updated:

July 4, 2026 at 8:57PM

Listing Office:

Foundation Property Management : 901-633-1484

MLS ID:

10197568

Interior

• Rooms: 3
• Flooring: Other (See REMARKS)
• A/C: Central
• Heating: Central

Exterior

• General: Other (See Remarks)Other (See REMARKS)
• Style: Traditional
• Pool: None
• Parking: Driveway/Pad

Construction

• General: 1

Location

• County: Whitehaven/Southland Mall

Lot

• Zoning: 079123 00023