1545 OAKWOOD ST, Memphis, TN 38108 (MLS # 10212650)

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PRICE $114,900 dsIDX morgage calculator
BEDS 3
BATHS 2
HOME SIZE 1,196 sqft
LOT SIZE 5,663 sqft

Turnkey investment opportunity with immediate cash flow! This fully renovated 3-bedroom, 2-bath home is tenant occupied and currently generating $1,300 per month, offering strong returns from day one. With a list price of $115,00, and almost a 14% gross ROI, this is a great option for investors seeking solid ROI and positive cash flow. Renovated from the studs, updates include new electrical, plumbing, HVAC, water heater, windows, and exterior siding"”minimizing maintenance concerns for years to come. Interior features include luxury vinyl flooring throughout main living areas and bedrooms, with tile in the kitchen and bathrooms for durability. The updated kitchen and bathrooms provide modern appeal that supports long-term tenant retention. This is a low-maintenance, income-producing asset ideal for both seasoned and out-of-state investors looking to expand their portfolio with confidence. Do not disturb tenant. No wholesalers/seller financing.

DAYS ON MARKET 169 LAST UPDATED 6/10/2026
TRACT NORWOOD YEAR BUILT 1913
COMMUNITY Vollintine/Northside COUNTY Shelby
STATUS Active PROPERTY TYPE(S) Single Family

PRICE HISTORY
Prior to Feb 2, '26 $125,000
Feb 2, '26 - Feb 13, '26 $124,900
Feb 13, '26 - Feb 19, '26 $124,400
Feb 19, '26 - Mar 5, '26 $123,900
Mar 5, '26 - Mar 13, '26 $123,400
Mar 13, '26 - Mar 24, '26 $122,900
Mar 24, '26 - May 12, '26 $120,000
May 12, '26 - Jun 10, '26 $115,000
Jun 10, '26 - Today $114,900


ADDITIONAL DETAILS
AIR Central Air
AIR CONDITIONING Yes
APPLIANCES Microwave, Oven, Range, Refrigerator
AREA Vollintine/Northside
CONSTRUCTION Vinyl Siding
HEAT Central
INTERIOR Double Vanity
LOT 5663 sq ft
LOT DESCRIPTION Landscaped, Level
PARKING Driveway
POOL DESCRIPTION None
SEWER Public Sewer
STORIES 1
STYLE Bungalow, Traditional
SUBDIVISION NORWOOD
TAXES 831
UTILITIES Cable Available
WATER Public
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

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Listed with Coldwell Banker Collins-Maury
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