$120,000

2986 MEADOWFAIR DR, Memphis, TN 38118

3 beds |
2 baths |
1,388 sqft

Single-Family Home
Built in 1974
—— sqft lot
—— car garage
$86/sqft
Listed 26 days ago

Property Description

Turnkey investment opportunity! Tenant-occupied property generating $1,100/month in steady rental income. Ideal for investors seeking immediate cash flow with minimal upfront work. Tenant in place—please do not disturb. Showings available with an accepted offer only. Great addition to a rental portfolio in a strong rental area. Property being sold as-is. Proof of funds or pre-approval required with offer.

Listing Status:: Active
Date Added:: January 9, 2026
Data Last Updated:: February 4, 2026 at 4:45PM
Listing Office:: The Home Partners Realty : 901-305-6047
MLS ID:: 10212520

Rooms: 7
Flooring: Wall to Wall Carpet
A/C: Central
Heating: Central

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

General: 1

County: Whitehaven/Tchulahoma

Zoning: 094401 F00004

Presented by Veterans United Realty

This listing courtesy of The Home Partners Realty

Monthly Payment

$Est. Payment

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

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Location

Schools Nearby

Oakhaven Elementary School

3795 Bishops Bridge Rd, Memphis, TN, 38118

Grades PK-5

2.21 miles away

Oakhaven Middle School

3125 Ladbrook Rd, Memphis, TN, 38118

Grades 6-8

2.29 miles away

Oakhaven High School

3125 Ladbrook Rd, Memphis, TN, 38118

Grades 9-12

2.31 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.