BEDS2
BATHS1 full
MLS#10203698
STATUSActive
PROPERTY TYPEResidential - Single Family
SUBDIVISIONALTA HEIGHTS
NEIGHBORHOODMitchell-Westwood
Property Description
ATTENTION INVESTORS!! Fully renovated, turnkey rental with long-term tenant in place. Leased at $900/month through 2/25/2028, delivering consistent cash flow of $175.52/month and a 5.81% cash-on-cash return. Financials available upon request Major improvements include a new 30-year architectural roof, new HVAC condenser, upgraded electrical system (converted from fuse box), and full interior/exterior renovation. Interior upgrades feature luxury vinyl plank flooring, an updated kitchen with new countertops and fixtures, and a refreshed bathroom with new vanity and toilet. Additional enhancements include new lighting, smart locks, and exterior improvements. Low-maintenance asset positioned for stable returns and long-term portfolio growth. No wholesalers, assignments, or creative financing! DO NOT APPROACH OR DISTURB TENANTS, NO SHOWINGS WITHOUT AN ACCEPTED OFFER. Owner/Agent
Property Features
Property Type: Residential - Single Family
Cooling: Central
Heating: Central
Home Style: Traditional
Lot Size: 0.21 Acres
Year Built: 1963
Feature Descriptions
Bed and Bath: All Bedrooms Down, Other (See Remarks)
Days on Site: 285
Exterior: Porch, Other (See REMARKS)
Exterior/ Windows: Other (See Remarks), Vinyl Siding, Wood Window(s)
Floors/ Ceilings: Marble/Terrazzo, Other (See REMARKS), Vinyl/Luxury Vinyl Floor
Living/ Dining Room: Other (See Remarks), Washer/Dryer Connections
Lot: Level
Parking/ Storage: Driveway/Pad, Other (See REMARKS)
Total Rooms: 5
Listed By / Shown By
Listed By
Agency Name: Foundation Property Management
Shown By
Agent Name: Anna Palazola
Agent Phone: (901) 383-3968
Agency Title: Crye-Leike Real Estate Services
Source: MAAR MLS
Estimate Your Payment
Estimated Payment
$ 299.55 per month $264.84 Principal & Interest $0.00 Property Tax (data not provided by mls) $34.71 Homeowner's Insurance
433 Dixie Rd | MLS# 10203698
This single family home located at 433 Dixie Rd, Memphis, TN 38109 is currently listed for sale with an asking price of $119,000. This property was built in 1963 and has 2 bedrooms and 1 full baths. Dixie Rd is located in the ALTA HEIGHTS subdivision. Search ALTA HEIGHTS real estate on annapalazola.crye-leike.com today.