$130,000

1618 ELLSWORTH ST, Memphis, TN 38111

3 beds |
2 baths |
1,415 sqft

Single-Family Home
Built in 1940
0.74acre lot
—— car garage
$92/sqft
Listed 5 days ago

Property Description

Excellent investor opportunity in a convenient Memphis location! This well-maintained home offers 3 bedrooms, and an open floor plan that appeals to long-term renters. Major recent updates include a newer HVAC system and water heater (2023). Reliable tenant is in place, currently paying $1250 per month, with a lease secured through June 2026, offering immediate and stable rental income. Tenant would prefer to remain. Please do not disturb tenant- accepted offer will be contingent upon inspection.

Listing Status:: Active
Date Added:: February 27, 2026
Data Last Updated:: March 4, 2026 at 4:44AM
Listing Office:: Groome & Co. : 901-465-7172
MLS ID:: 10215603

Rooms: 6
Flooring: Part HardwoodTextured Ceiling
A/C: No Cooling
Heating: Gas

General: Aluminum Window(s)Wood/CompositionPorch
Style: Soft Contemporary
Pool: None
Parking: Driveway/Pad

General: 1

County: Getwell/Park

Zoning: 058023 00058

This listing courtesy of Groome & Co.

Monthly Payment

$Est. Payment

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

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Location

Schools Nearby

Sharpe Elementary School

3431 Sharpe Ave, Memphis, TN, 38111

Grades PK-5

0.25 miles away

Sherwood Middle School

3480 Rhodes Ave, Memphis, TN, 38111

Grades 6-8

0.86 miles away

Melrose High School

2870 Deadrick Ave, Memphis, TN, 38114

Grades 9-12

1.79 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.