1545 OAKWOOD ST, Memphis, TN 38108 (MLS # 10212650)
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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
0
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*Estimate only
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