$109,500

923 GARLAND ST, Memphis, TN 38107

  • 3 beds |
  • 1 bath |
  • 1,706 sqft
  • Property Icon Single-Family Home
  • Property Year Built Icon Built in 1926
  • Property Lot Size Icon6,098sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $64/sqft
  • Property List Date Icon Listed 17 days ago

Property Description

Investor opportunity with tenant already in place! This well-maintained, professionally managed 3BD/1BA single-family home is generating $1,050/month with a lease secured through 12/31/2026 — immediate cash flow from day one with no vacancy risk. Located in the Historic Vollintine Evergreen neighborhood, this solid home has been consistently cared for without the need for major capital investment upfront. Value-add potential through cosmetic updates or rent optimization at lease renewal. Conveniently located near I-240, Downtown Memphis, and Midtown amenities, keeping demand strong from Memphis's steady renter pool. Do not disturb tenant. Showings by appointment only with accepted offer and proof of funds. Sold AS-IS. Buyer to verify all information. Photos reflect pre-tenancy condition. Property is currently tenant-occupied.

Listing Status:
Active
Date Added:
June 18, 2026
Data Last Updated:
July 5, 2026 at 12:47PM
Listing Office:
eXp Realty : 901-671-1015
MLS ID:
10224242
  • Rooms: 6
  • Flooring: Part HardwoodTile
  • A/C: Central
  • Heating: Central
  • Fireplace: MasonryDecorative OnlyIn Living RoomFireplaces: 1
  • General: Brick VeneerPorch
  • Style: Traditional
  • Pool: None
  • Parking: Driveway/PadParking spaces: 1
  • General: 1
  • County: Overton Park
  • Zoning: 036010 00004

This listing courtesy of eXp Realty

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

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