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Listing Detail - Nashville Home and Farms

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Memphis, TN 38106 1589 E MCLEMORE AVE

$176,900

1589 E MCLEMORE AVE Memphis, TN - Image 11589 E MCLEMORE AVE Memphis, TN - Image 21589 E MCLEMORE AVE Memphis, TN - Image 3
7 more
1589 E MCLEMORE AVE Memphis, TN - Image 41589 E MCLEMORE AVE Memphis, TN - Image 51589 E MCLEMORE AVE Memphis, TN - Image 61589 E MCLEMORE AVE Memphis, TN - Image 71589 E MCLEMORE AVE Memphis, TN - Image 81589 E MCLEMORE AVE Memphis, TN - Image 91589 E MCLEMORE AVE Memphis, TN - Image 101589 E MCLEMORE AVE Memphis, TN - Image 11
Presented By: Foundation Property Management
  • MLS# 10195308
  • 04/29/2025
  • Request Tour
  • Request Info
  • Beds • 3
  • Baths • 1
  • SQFT • 1,433

Home Details

This property is leased at $1,325 per month through 06/02/2028, with a cash-on-cash return of 5.76% and a monthly cash flow of $243.47. Renovated property positioned for strong rental performance with thoughtful updates throughout. Major improvements include a new roof with updated decking, new HVAC system (furnace and AC), and full interior repaint with modern finishes. Kitchen has been refreshed with painted cabinets, new countertops, sink, and fixtures, while bathrooms feature updated toilets and repairs. Additional upgrades include smart locks, improved insulation, and exterior concrete repairs with fresh paint. Clean, functional layout with durable, low-maintenance features ideal for long-term hold. Financials available upon request. No wholesalers, assignments, or creative financing! PROFESSIONALLY MANAGED IN-HOUSE Owner/Agent
Presented By: Foundation Property Management

Interior Features for 1589 E MCLEMORE AVE

Bedrooms

Beds3
Downstairs Bedrooms3

Bathrooms

Total Baths1

Other Interior Features

FLOORS/CEILINGSOther (See REMARKS), Vinyl/Luxury Vinyl Floor
Heated SqFt1400-1599

Other Rooms

Living RoomOther (See Remarks)
Number of Rooms6

General for 1589 E MCLEMORE AVE

Annual City Tax399
Annual County Tax423
Area748B
AreaSouth Memphis/Glenview
CityMemphis
ClassResidential
CondoNo
CoolingCentral
CountyShelby
DOM325
DirectionsFrom E McLemore Ave, go South on Rayner St, turn left on E McLemore Ave; property on right.
Full Baths1
Half Baths
HeatingCentral
Legal Subdivision NameMAGNOLIA TERR
Neighborhood AssociationNone
Parcel Number031027 00060
Sale/RentFor Sale
Service TypeFull Service Listing
StatusActive
StatusActive
Status Detail0
Stories Count1
StyleTraditional
TypeDetached Single Family
Year Built1927

Exterior for 1589 E MCLEMORE AVE

EXTERIOR/WINDOWSBrick Veneer, Other (See Remarks)
Lot29&EPT28
Lot DescriptionSome Trees, Wood Fenced
Lot Size45X137
Lot Size Area0.14
Misc. ExteriorPorch, Deck, Other (See REMARKS)
PARKING/STORAGEDriveway/Pad, Other (See REMARKS)
Parking DisplayN
PoolNone

Additional Details

Price History

Anthony Martin

Agent | Owner
Price $176,900
MLS#10195308
List Date 04/29/2025
Property Type Single Family
Phone (731) 616-9391
Request Tour
Request Info
Visit My Website

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