$123,900

640 LEACREST AVE, Memphis, TN 38109

3 beds |
1 bath |
1,019 sqft

Single-Family Home
Built in 1959
6,534sqft lot
—— car garage
$122/sqft
Listed 23 days ago

Property Description

Great opportunity for investor to add to portfolio with little maintenance and home cash flowing on Day 1! Home currently rented long term for $975 this year and $1025 next year! Home professionally managed. Our repairs and updates make this a great investment property to maximize cash flow! Home can be purchased as part of a package of homes the seller has or individually. Need to sell? We are always looking for deals to buy "as is" and can close cash quickly. Call listing agent for details. Do not disturb tenants and access granted upon accepted offer!

Listing Status:: Active
Date Added:: January 12, 2026
Data Last Updated:: February 4, 2026 at 4:45PM
Listing Office:: CB Properties of Memphis, LLC : 901-620-6787
MLS ID:: 10212713

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

General: Brick VeneerPatio
Style: Traditional
Pool: None
Parking: Driveway/PadParking spaces: 1

General: 1

County: Coro Lake

Zoning: 075120 00017

Presented by Veterans United Realty

This listing courtesy of CB Properties of Memphis, LLC

Monthly Payment

$Est. Payment

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

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Location

Schools Nearby

Freedom Preparatory Academy Westwood Elementary at Parkrose

778 Parkrose Ave, Memphis, TN, 38109

Grades KG-5

0.66 miles away

Chickasaw Middle School

4060 Westmont Rd, Memphis, TN, 38109

Grades 6-8

0.42 miles away

Westwood High School

4480 Westmont Rd, Memphis, TN, 38109

Grades 9-12

0.66 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.