$95,000

987 FLOYD AVE, Memphis, TN 38127

3 beds |
1 bath |
845 sqft

Single-Family Home
Built in 1952
0.32acre lot
—— car garage
$112/sqft
Listed 13 days ago

Property Description

Investor Special! This tenant-occupied 3-bedroom, 1-bath home is a great addition to any rental portfolio. Currently leased at $895/month with tenants in place, this property offers immediate income potential from day one. Home features a functional floor plan with spacious living areas and solid rental appeal. Conveniently located with easy access to major roads, schools, and local amenities. Long-term tenant in place since 4/5/2020. Current lease ends 4/30/2026.

Listing Status:: Active
Date Added:: February 19, 2026
Data Last Updated:: March 4, 2026 at 4:44AM
Listing Office:: eXp Realty, LLC : 901-505-0756
MLS ID:: 10214984

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

General: Brick VeneerStorm Door(s)Wrought Iron Security Drs
Style: Traditional
Pool: None
Parking: Driveway/Pad

General: 1

County: Westside

Zoning: 069040 00005

This listing courtesy of eXp Realty, LLC

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

0.55 miles away

Compass Community School Frayser Campus

3690 Thomas St, Memphis, TN, 38127

Grades KG-8

0.60 miles away

Memphis Business Academy High School

3306 Overton Crossing St, Memphis, TN, 38127

Grades 9-12

2.22 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.