$205,000

640 STEPHENS PL, Memphis, TN 38126

4 beds |
2 baths |
1,530 sqft

Single-Family Home
Built in 2025
—— sqft lot
—— car garage
$134/sqft
Listed 17 days ago

Property Description

Turnkey New Construction 4BR/2BA — Already Leased at $1,850/mo. with Powerful Buyer Incentives Step into a fresh, low-maintenance investment with immediate cash flow. This new construction, tenant-occupied 4-bedroom, 2-bathroom home is rented at $1,850 per month, delivering dependable income from day one—without the headaches of renovations or lease-up.

Listing Status:: Pending
Date Added:: March 18, 2026
Data Last Updated:: April 4, 2026 at 12:43AM
Listing Office:: Crestcore Realty, LLC : 901-385-3119
MLS ID:: 10217040

Rooms: 8
Appliances: DishwasherRange/OvenRefrigerator
Flooring: Concrete FloorSmooth Ceiling
A/C: Central
Heating: Central
Fireplace: Fireplaces: 0

General: Aluminum Window(s)Vinyl SidingPorchWood Fence
Style: Traditional
Pool: None
Parking: Driveway/PadParking spaces: 0

Roofing: Composition Shingles
General: 1

County: South Bluffs/Downtown

Zoning: 025023 00021

This listing courtesy of Crestcore Realty, LLC

Monthly Payment

$Est. Payment

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

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Location

Schools Nearby

Ida B. Wells Academy Elementary School/Middle School

995 S Lauderdale St, Memphis, TN, 38126

Grades KG-8

0.24 miles away

Ida B. Wells Academy Elementary School/Middle School

995 S Lauderdale St, Memphis, TN, 38126

Grades KG-8

0.24 miles away

Hollis F. Price Middle College

807 Walker Ave, Memphis, TN, 38126

Grades 9-12

0.35 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.