Turnkey investment opportunity at 695 Marsh Ave in Memphis. This two bedroom, one bathroom property is tenant occupied with immediate cash flow. Interior has been renovated and interior photos are available upon request. Current rent is $993 per month with a 10% late fee after the 5th. Lease is in place from 01/20/2026 through 01/19/2027 providing stable, predictable income. Tenant is responsible for all utilities which helps minimize landlord expenses. Property offers a simple layout, low maintenance, and strong rental fundamentals for investors looking to add to their portfolio. Whether you are a new investor or expanding your holdings, this is a solid income producing opportunity with built in cash flow from day one. Do not disturb tenant. No showings until accepted offer.
Single Family
- Price
- $ 97,000
- City
- Memphis
- Bedrooms
- 2
- Full Bathrooms
- 1
- County
- SHELBY
- Half Bathrooms
- 0
- Area
- Westside
- Lot Size
- 0.11 Acres
- Zip
- 38127
- Sqr Footage
- 616
- Year Built
- 1941
- Taxes
- $ 1075
- Style
- Traditional
- MLS#
- 10218494
Features
General
Interior Features
Exterior Features
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Affordability Calculator
$3,786
Per MonthBased on the average sale price from the Memphis, TN office
- Monthly Principal & interest $2,658
- Monthly Property Taxes $1,062
- Monthly Home Insurance $67
Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.
Mortgage calculator provided courtesy of Inside Real Estate.
Schools
Price History
Property vs Zip Code Average in 38127
Areas That We Cover
- Abberdeen
- Adamsville
- Alamo
- Arlington
- Atoka
- Bartlett
- Batesville
- Bath
- Bath Springs
- Bethel Springs
- Blue Mountain
- Bolivar
- Booneville
- Braden
- Brighton
- Brownsville
- Burlison
- Byhalia
- Cedar Grove
- Cherokee
- Clifton
- Coldwater
- Collierville
- Collinwood
- Columbus
- Como
- Cordova
- Corinth
- Counce
- Covington
- Crump
- Decaturville
- Drummonds
- Dyersburg
- Eads
- Enville
- Finger
- Friendship
- Gallaway
- Gates
- Germantown
- Grand Junction
- Guys
- Halls
- Henderson
- Henning
- Hernando
- Hickory Flat
- Hickory Valley
- Holly Springs
- Horn Lake
- Hornsby
- Humboldt
- Huntingdon
- Iron City
- Iuka
- Jackson
- La Grange
- Lake Cormorant
- Lakeland
- Lamar
- Lawrenceburg
- Linden
- Lutts
- Mason
- McKenzie
- Medon
- Memphis
- Michie
- Middleton
- Milledgeville
- Millington
- Morris Chapel
- Moscow
- Mount Pleasant
- Munford
- Myrtle
- Nesbit
- New Albany
- Oakland
- Olive Branch
- Olivehill
- Oxford
- Pickwick
- Pickwick Dam
- Pickwick Lake
- Pinson
- Piperton
- Pocahontas
- Pope
- Potts Camp
- Ramer
- Reagan
- Red Banks
- Ripley
- Rossville
- Saltillo
- Sarah
- Sardis
- Saulsbury
- Savannah
- Scotts Hill
- Selmer
- Senatobia
- Shiloh
- Somerville
- Southaven
- Stanton
- Stantonville
- Tiptonville
- Toone
- Tunica
- Unicorp-Drummonds
- Unicorp-Eads
- Unicorp-Memphis
- Unincorporated
- Walls
- Walnut
- Waterford
- Waynesboro
- West Memphis
- Whiteville
- Williston
695 Marsh Ave Memphis, TN is a Single Family Home for sale at $97000 with 616 sqft and a lot size of 0.11 Acres Acre(s). 695 Marsh Ave Memphis has 2 bedrooms, 1 baths and was built in 1941. The property's zip code is 38127 which is in Memphis, TN
*Information deemed reliable but not guaranteed.
Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Mortgage calculator provided courtesy of Inside Real Estate.
All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Briscoe Ellett III
901-282-9020
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