$73,000

981 FLOYD AVE, Memphis, TN 38127

2 beds |
1 bath |
875 sqft

Single-Family Home
Built in 1952
0.32acre lot
—— car garage
$83/sqft
Listed 22 days ago

Property Description

Excellent investment opportunity! This well-maintained 2-bedroom, 1-bath home is currently tenant-occupied and generating $895/month in rental income, offering immediate cash flow for a new owner. The functional layout features easy-care tile flooring, a bright living area, and an efficient kitchen. Outside, the property includes a large, level yard. HVAC brand new-- August 2025. Conveniently located near shopping, schools, and major thoroughfares, this property is a smart addition to any investment portfolio. Do not disturb tenant. Showings available with accepted offer.

Listing Status:: Active
Date Added:: November 13, 2025 at 12:00AM
Listing Office:: Crye-Leike, Inc., REALTORS : 901-260-4780
MLS ID:: 10209663

Rooms: 5
Flooring: Vinyl/Luxury Vinyl Floor
A/C: Central
Heating: Central

General: Wood/CompositionPatio
Style: Traditional
Pool: None
Parking: Driveway/Pad

Roofing: Composition Shingles
General: 1Slab

County: Westside

Zoning: 069040 00004

Water: Public SewerPublic Water
Sewer: Public SewerPublic Water

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

Monthly Payment

$Est. Payment

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

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Location

Schools Nearby

Westside Elementary School

3347 Dawn Dr, Memphis, TN, 38127

Grades PK-5

0.54 miles away

Compass Community School Frayser Campus

3690 Thomas St, Memphis, TN, 38127

Grades KG-8

0.61 miles away

Memphis Business Academy High School

3306 Overton Crossing St, Memphis, TN, 38127

Grades 9-12

2.23 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.