1309 SEMMES ST, Memphis, TN 38111
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1309 SEMMES ST, Memphis, TN 38111
1309 SEMMES ST, Memphis, TN 38111
1309 SEMMES ST, Memphis, TN 38111
1309 SEMMES ST, Memphis, TN 38111
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Keino Spring

Keino Spring

+1(901) 301-4912
$ 118,900
Est. payment /mo
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Price Dropped by $1K

1309 SEMMES ST Memphis, TN 38111

3 Beds

2 Baths

0.25 Acres Lot

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Detached Single Family

Listing Status Active

Purchase Type For Sale

Subdivision Stroud Cecil

MLS Listing ID 10209318

Style Traditional

Bedrooms 3

Full Baths 2

Year Built 1951

Annual Tax Amount $798

Lot Size 10,890 Sqft

Property Sub-Type Detached Single Family

Property Description

Investor opportunity in a very strong rental market! This home offers a 3-bedroom, 2-bath split floor plan and 1,319 sq. ft. of living space on a fenced 0.25-acre lot. Features include central heat and air, newer dimensional roof, updated electrical panel with room to expand, new thermostat, central heat and air, new LED lighting throughout. Interior highlights include a spacious den, a large kitchen with ample cabinets and a dining area, baths with tile flooring, and updated venting. Hardwood flooring throughout most of the home, LVP in the kitchen, and tile in the baths. Recent upgrades deliver lower maintenance costs and long-term value. Currently tenant-occupied with a long-term resident (since 2018), paying $1,045 a month. Please note that market rents in this area for a 3BR/2BA average $1,300 to $1,500 per month. This is a very low-maintenance, income-producing property ideal for buy-and-hold investors seeking stable cash flow and future upside. Do not disturb the tenant.

Location

State TN

County Shelby

Area Pendleton/Park

Rooms

Other Rooms Attic, Bonus Room, Entry Hall

Master Bedroom 13x12

Bedroom 2 12x11 Hardwood Floor, Level 1, Shared Bath, Smooth Ceiling

Bedroom 3 11x11 Hardwood Floor, Level 1, Shared Bath, Smooth Ceiling

Bedroom 4 0x0

Bedroom 5 0x0

Dining Room 10x10

Kitchen Pantry, Separate Den, Separate Dining Room, Vinyl/Luxury Vinyl Floor, W/D Connection in Kitchen, Washer/Dryer Connections

Interior

Interior Features All Window Treatments, Attic Access, Cat/Dog Free House, Pull Down Attic Stairs, Security System, Smoke Detector(s), Walk-In Closet(s)

Heating Central, Gas

Cooling 220 Wiring, Ceiling Fan(s), Central

Flooring Part Hardwood, Smooth Ceiling, Textured Ceiling, Tile, Vinyl/Luxury Vinyl Floor

Equipment Cable Available, Cable Wired, Range/Oven, Refrigerator

Exterior

Exterior Feature Brick Veneer, Storm Window(s), Wood Window(s), Wood/Composition

Parking Features Driveway/Pad

Pool None

Roof Type Composition Shingles

Private Pool Yes

Building

Lot Description Landscaped, Level, Some Trees

Story 1

Foundation Conventional

Sewer Public Sewer

Water Gas Water Heater, Public Water

Others

Miscellaneous Wrought Iron Security Drs

Listed by Heath F Gooch • STIXNBRIX
NEARBY SCHOOLS & PROPERTIES

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1309 SEMMES ST