1190 Elder Road

Memphis, TN 38109

$110,000
Price
4
Beds
1
Bath
—Sq. Ft.
— / Sq. Ft.
—
Sq. Ft.
—
per Sq. Ft.

Description

Calling all investors! Looking for a passive cash flowing investment opportunity? You've found it! Fully renovated in May 2023, updated roof in 2024, renter occupied at 950/month. 12 month lease signed August 2023, managed at 8%. No Showings without agreed contract; renter occupied. Review attached docs for lease, PMA, etc. No Seller financing offers.Calling all investors! Looking for a passive cash flowing investment opportunity? You've found it! Fully renovated in May 2023, updated roof in 2024, renter occupied at 950/month. 12 month lease signed August 2023, managed at 8%. No Showings without agreed contract; renter occupied. Review attached docs for lease, PMA, etc. No Seller financing offers.
  1. Listed by Allison Holden • BHHS McLemore & Co., Realty

Property Details for 1190 Elder Road

Area
761B
Style
Traditional
MAAR Subdivision Name
MITCHELL RD SCHOOL
Legal Subdivision Name
MITCHELL RD SCHOOL SEC A

Location

Listing Courtesy of BHHS McLemore & Co., Realty
Add your commute
LISTING UPDATED: 04/24/2024 12:02 PM

Property Details for 1190 Elder Road

StatusPending
MLS #10156105
Days on Market215
Taxes$810 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Detached Single Family / No
Year Built1973
Lot Size0.13 AC / 5,662 SF
CountyShelby County

Location

Listing Courtesy of BHHS McLemore & Co., Realty
Add your commute

Building Information for 1190 Elder Road

Stories1Year Built1973Building Size-Lot Size0.13 AC / 5,662 SF

Payment Calculator

$668 per month

30 year fixed, 7.25% Interest

Principal and Interest

$600

Property Taxes

$68

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1190 Elder Road

Summary
Location and General Information
  • Address: 1190 ELDER RD
  • Address Search Number: 1190
  • Cross Street: Rebah Rd
  • Directions: Going South on I55, turn West on Mitchell Rd, then South on Rebah Rd, then East on Elder. Home will be on second your left.
  • Map Coordinate: B
  • MLS Map Num: T.O. Fuller Park
  • Neighborhood Association: None
Parking
  • Attached Detached Parking: Attached
  • Parking Display: 0A
  • Parking/Storage: Driveway/Pad
Taxes and HOA Information
  • LVT Date: 09-07-2023
Property
Lot Information
  • Lot Size: 50X120
  • Acreage: .13
  • Lot Num: 10
  • Lot Description: Chain Fenced, Level
  • Parcel ID: 082003 00002
Property and Assessments
  • Detached Unit Type: General Residential
  • Foundation: Slab
  • Prop Construction Status: Existing Property
  • Security: Iron Door(s), Smoke Detector(s)
  • Service Type: Full Service Listing
Utilities
  • Cooling: Central
  • Water & Sewer: Gas Water Heater, Public Sewer, Public Water
Interior and Exterior Features
Exterior Features
  • Exterior/Windows: Aluminum Window(s), Brick Veneer
  • Misc Exterior: Wrought Iron Security Drs, Porch, Sidewalks
  • Misc. Interior: Smoke Detector(s)
  • Pool Description: None
  • Roof: Composition Shingles
Interior Features
  • 1st Story Floor Plan: 1 Bath, 2nd Bedroom, 3rd Bedroom, 4th of More Bedrooms, Dining Room, Kitchen, Living Room, Primary Bedroom
  • Additional Br/Bath Info: All Bedrooms Down, Full Bath Down, Renovated Bathroom
  • Apprx Heated Sq Ft Range: 1200-1399
  • Bedroom 2 Description: Level 1
  • Bedroom 3 Description: Level 1
  • Bedroom 4 Description: Level 1
  • Bedrooms Down: 4.0
  • Den Great Room Dimensions: 0x0
  • Dining Room Dimensions: 0x0
  • Floors/Ceilings: Textured Ceiling, Wood Laminate Floors
  • Heating: Central
  • Living Room Dimensions: 0x0
  • Living/Dining/Kitchen: Separate Living Room, Updated/Renovated Kitchen, Washer/Dryer Connections
  • Total Baths: 1

Property History for 1190 Elder Road

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1190 Elder Road

Taxable ValueLand$1,250Additions$12,050Total$13,300
Tax Record2022$810 ($68 / month)
Home Facts
Beds4Baths1Total Finished SqFt1,230 SqFtAbove Grade Finished SqFt1,230 SqFtStories1Lot Size5,968 SqFtStyleSingle Family ResidenceYear Built1973ZoningR-6CountySHELBYAPN082-003- - -00002Fireplace TypeHas Fireplace

Schools near 1190 Elder Road

This home is within Shelby County Schools.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - PK to 6
Rating
School
Distance
Ford Road Elementary School
PublicPK to 5

Chickasaw Junior High School
Public6 to 8

Mitchell High School
Public9 to 12

Whites Chapel Elementary School
PublicPK to 6

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of BHHS McLemore & Co., Realty