$130,000

1502 MARY JANE AVE, Memphis, TN 38116

3 beds |
1 bath |
960 sqft

Single-Family Home
Built in 1963
8,712sqft lot
—— car garage
$135/sqft
Listed 9 months ago

Property Description

Turnkey Rental | $1,080/mo | Lease in Place Until 5/2026 | Cap Rate ~7% | Priced to Sell. Cash Flowing Investment opportunity in the Whitehaven area. This 3br/1 bath single-family home is in the 38116. Cash flowing, currently rented at $1080/month. Current lease ends 05/2026. Showings with an accepted offer. Do not disturb tenants.

Listing Status:: Active
Date Added:: March 10, 2025 at 12:00AM
Listing Office:: Keller Williams : 662-892-4000
MLS ID:: 10191667

Rooms: 6
Flooring: Part Carpet
A/C: Window Unit(s)
Heating: Central

General: Brick VeneerWood/CompositionWrought Iron Security Drs
Style: Traditional
Pool: None
Parking: Driveway/PadParking spaces: 1

Roofing: Composition Shingles
General: 1

County: Whitehaven/Southland Mall

Zoning: 079128 00104

This listing courtesy of Keller Williams

Monthly Payment

$Est. Payment

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

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Location

Schools Nearby

Oakshire Elementary School

1765 E Holmes Rd, Memphis, TN, 38116

Grades PK-5

0.54 miles away

Havenview Middle School

1481 Hester Rd, Memphis, TN, 38116

Grades 6-8

0.45 miles away

City University School of Liberal Arts

1475 E Shelby Dr, Memphis, TN, 38116

Grades 9-12

1.12 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.