Briscoe Ellett III

2492 Lisa Ave

Memphis, TN
$ 120,000 Beds 3 Baths 1 Sq 1,018
Monthly Estimate* How much can I afford?

ATTENTION INVESTORS! This tenant-occupied rental offers an opportunity to add another income-producing property to your portfolio. This 3-bedroom, 1-bath single-family home is currently generating $1,165/ month in rental income, with the current lease running through 04/13/2027. An opportunity to purchase an income-producing property with a tenant already in place. Please do not disturb the tenant. No showings without an accepted offer. NO wholesale, assignment, or creative financing offers will be accepted. Financials available upon request. Professionally Managed IN-HOUSE

Single Family

  • Price
  • $ 120,000
  • City
  • Memphis
  • Bedrooms
  • 3
  • Full Bathrooms
  • 1
  • County
  • SHELBY
  • Half Bathrooms
  • 0
  • Area
  • Frayser - North
  • Lot Size
  • 0.17 Acres
  • Zip
  • 38127
  • Sqr Footage
  • 1,018
  • Year Built
  • 1972
  • Taxes
  • $ 1410
  • Style
  • Traditional
  • MLS#
  • 10230848
Listed By: Foundation Property Management
Data Source: Memphis MLS (MAAR)

Features

General

Heating Central
Cooling Central
Status Active
Full Baths 1
Legal Subdivision Name ST ELMO 6TH ADDN SEC D
Style Traditional
Stories Count 1
County Shelby
Class Residential
Type Detached Single Family
Condo No
Area 725D
Parcel Number 071048 E00049
Status Active
Annual City Tax 690
Annual County Tax 720
Sale/Rent For Sale
Area Frayser - North
Service Type Full Service Listing
Neighborhood Association None
Year Built 1972
Directions From Hawkins Mill Rd,head South on Mountain Terrace St,East on to Lisa Ave; property on left.
City Memphis
DOM 3

Interior Features

Living Room Great Room,Vinyl/Luxury Vinyl Floor
Beds 3
Total Baths 1
Number of Rooms 6
FLOORS/CEILINGS Vinyl/Luxury Vinyl Floor

Exterior Features

Pool None
Lot 15
Lot Size Area 0.17
Lot Size 60X125
Parking Display C1A
Lot Description Level
# Covered Parking Spaces 1
PARKING/STORAGE Driveway/Pad
EXTERIOR/WINDOWS Brick Veneer
Misc. Exterior Porch

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 Month

Based on the average sale price from the Memphis, TN office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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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

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

9/21/2026 Listed $120,000

Property vs Zip Code Average in 38127

Price
AVG $110K
$120K
Taxes
AVG $1,039
$1,410
Year Built
AVG 1964
1972

In The Neighborhood

Areas That We Cover

2492 Lisa Ave Memphis, TN is a Single Family Home for sale at $120000 with 1018 sqft and a lot size of 0.17 Acres Acre(s). 2492 Lisa Ave Memphis has 3 bedrooms, 1 baths and was built in 1972. 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

Briscoe Ellett III

901-282-9020

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