2293 HOMETOWN DR, Memphis, TN 38133

• 2 beds |
• 1 bath |
• 1,022 sqft

Property Description

This property is leased at $1,300 per month ($15,600 annually) through 06/18/2027, with a cash-on-cash return of 3.28% and a monthly cash flow of $123.49." Turnkey investment opportunity with strong appeal and long-term durability. This fully renovated property features a new 30-year architectural roof, all-new HVAC system with a 3-ton Carrier unit, and durable LVP/tile flooring throughout—minimizing future capital expenses. Interior upgrades include refreshed kitchen with new countertops, sink, and cabinetry updates, plus renovated bathrooms with updated fixtures and electrical safety improvements. Additional enhancements such as a new water heater, smart locks, fresh paint, updated lighting, and improved windows support tenant retention and operational efficiency. A low-maintenance asset ideal for immediate cash flow or portfolio expansion. Financials available upon request. No wholesalers, assignments, or creative financing! PROFESSIONALLY MANAGED IN-HOUSE Owner/Agent

Listing Status:

Active

Date Added:

June 3, 2026

Data Last Updated:

June 24, 2026 at 12:52PM

Listing Office:

Foundation Property Management : 901-633-1484

MLS ID:

10223044

Interior

• Rooms: 5
• Flooring: Vinyl/Luxury Vinyl Floor
• A/C: Central
• Heating: Central
• Fireplace: Fireplaces: 0

Exterior

• General: Brick VeneerPorchCovered Patio
• Style: Traditional
• Pool: None
• Parking: Front-Load GarageParking spaces: 1

Construction

• General: 1

Location

• County: Macon/Appling Rd

Lot

• Zoning: 095318 A00008