$155,000

1472 E HOLMES RD, Memphis, TN 38116

  • 3 beds |
  • 1 bath |
  • 1,621 sqft
  • Property Icon Single-Family Home
  • Property Year Built Icon Built in 1960
  • Property Lot Size Icon0.27acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $96/sqft
  • Property List Date Icon Listed 1 day ago

Property Description

Investor Opportunity – Turnkey Rental with Long-Term Tenant Located at 1472 E Holmes Rd, Memphis, TN, this income-producing property is a solid addition to any rental portfolio. Currently generating $1,185/month in rent, this home offers immediate cash flow with a reliable tenant in place for over 10 years—a rare and valuable advantage for investors seeking stability. This property minimizes vacancy risk and startup costs, making it ideal for both seasoned investors and those looking to expand their holdings with a proven performer. The long-term occupancy reflects tenant satisfaction and consistent payment history, adding confidence to your investment. Highlights: ?? Steady rental income: $1,185/month ?? Established tenant of 10+ years ?? Turnkey investment – start earning from day one ?? Convenient Memphis location with strong rental demand Whether you're building your portfolio or looking for a dependable, low-maintenance asset, this property checks all the boxes.

Listing Status:
Active
Date Added:
April 20, 2026
Data Last Updated:
April 21, 2026 at 4:44AM
Listing Office:
Evernest Too, LLC : 901-842-5730
MLS ID:
10219670
  • Rooms: 8
  • Flooring: Part CarpetTileVinyl/Luxury Vinyl Floor
  • A/C: Central
  • Heating: Central
  • Fireplace: Fireplaces: 1
  • General: Aluminum Window(s)Brick VeneerWood Fence
  • Style: Traditional
  • Pool: None
  • Parking: Driveway/PadParking spaces: 2
  • General: 1
  • County: Whitehaven/Southland Mall
  • Zoning: 079106 00018

This listing courtesy of Evernest Too, LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  â€ 
Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Schools Nearby

O

Oakshire Elementary School

1765 E Holmes Rd, Memphis, TN, 38116

Grades PK-5

0.57 miles away

H

Havenview Middle School

1481 Hester Rd, Memphis, TN, 38116

Grades 6-8

0.16 miles away

C

City University School of Liberal Arts

1475 E Shelby Dr, Memphis, TN, 38116

Grades 9-12

0.83 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.

Similar Listings Nearby