$114,999

5142 FAIRLEY DR, Memphis, TN 38109

3 beds |
1 bath |
988 sqft

Single-Family Home
Built in 1957
6,098sqft lot
—— car garage
$116/sqft
Listed 1 month ago

Property Description

Great Occupied investment Opportunity! This property is currently occupied by a tenant who is paying $1075 per month and is on a lease from 5/14/2025 to 5/13/2027. There is professional property management in place with Reedy and Company. No wholesale or creative financing offers. No showings without an accepted offer.

Listing Status:: Active
Date Added:: November 13, 2025 at 12:00AM
Listing Office:: Reedy & Company, REALTORS : 901-842-0805
MLS ID:: 10209629

Rooms: 5
Flooring: TileWood Laminate Floors
A/C: Central
Heating: Central

General: Brick VeneerWrought Iron Security DrsPatio
Style: Traditional
Pool: None
Parking: Driveway/PadParking spaces: 1

Roofing: Composition Shingles
General: 1Slab

County: Whitehaven/Fairley

Zoning: 076137 00026

Water: Public SewerPublic Water
Sewer: Public SewerPublic Water

This listing courtesy of Reedy & Company, REALTORS

Monthly Payment

$Est. Payment

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

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Location

Schools Nearby

J. P. Freeman Elementary/Middle

5250 Tulane Rd, Memphis, TN, 38109

Grades KG-8

0.57 miles away

J. P. Freeman Elementary/Middle

5250 Tulane Rd, Memphis, TN, 38109

Grades KG-8

0.57 miles away

Freedom Preparatory Academy Flagship

5132 Jonetta St, Memphis, TN, 38109

Grades 6-12

1.32 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.