$80,000

3533 DOUGLASS AVE, Memphis, TN 38111

2 beds |
1 bath |
1,108 sqft

Single-Family Home
Built in 1930
7,841sqft lot
—— car garage
$72/sqft
Listed 5 days ago

Property Description

Incredible investment opportunity available with tremendous cash flow and huge potential upside! This property is tenant occupied for $895/mo. 21 property package available. Homes can be bought individually or in bulk. Total portfolio list price is $2.525M, total current rent is $17,785/mo, total est market rent is $26,365, est ARV of full package is $3.155M. All homes are professionally managed. Most all of these are tenant occupied. Many of these homes have had significant rehab done in the past few years. This could be an amazing opportunity. Do not approach or disturb tenants. No showigns without an accepted offer. No wholesale, creative finance or seller finance. Addresses are 5088 Edenshire, 1236 Goodman, 4853 Tutwiler, 3471 Heckle, 1373 Russwood, 3430 Hendricks, 4594 Sea Isle, 860 Berclair, 3674 Mountain Terrace, 3270 Abbottsford, 1946 Willow Wood, 3588 Kearney, 3540 Marion, 3682 Kearney, 4401 Quince, 3689 Kearney, 4635 Monaco

Listing Status:: Active
Date Added:: March 7, 2026
Data Last Updated:: March 12, 2026 at 4:48PM
Listing Office:: Crye-Leike, Inc., REALTORS : 901-756-8900
MLS ID:: 10216303

Rooms: 5
Flooring: Part Carpet
A/C: Central
Heating: Central

General: Wood/CompositionOther (See REMARKS)
Style: Traditional
Pool: None
Parking: Driveway/Pad

General: 1

County: Getwell/Park

Zoning: 046017 00005

This listing courtesy of Crye-Leike, Inc., REALTORS

Monthly Payment

$Est. Payment

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

Ready to Start a VA Loan?

Get Started

NMLS #1907 ^†

Get Prequalified »

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

Sherwood Elementary School

1156 Robin Hood Ln, Memphis, TN, 38111

Grades PK-5

0.72 miles away

Sherwood Middle School

3480 Rhodes Ave, Memphis, TN, 38111

Grades 6-8

0.70 miles away

Melrose High School

2870 Deadrick Ave, Memphis, TN, 38114

Grades 9-12

1.29 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.