Pat Nelms
BEDS3
BATHS2 full
MLS#10209318
STATUSActive
PROPERTY TYPEResidential - Single Family
SUBDIVISIONCHEROKEE
NEIGHBORHOODPendleton-Park
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.
Property Features
Property Type: Residential - Single Family
Cooling: Central, Ceiling Fan(s),220 Wiring
Heating: Central, Gas
Home Style: Traditional
Lot Size: 0.25 Acres
Roof Type: Composition Shingles
Year Built: 1951
Feature Descriptions
Additional Rooms: Bonus Room, Entry Hall, Attic
Bed and Bath: All Bedrooms Down,1 or More BR Down, Primary Down, Split Bedroom Plan, Full Bath Down
Days on Site: 117
Exterior: Wrought Iron Security Drs
Exterior/ Windows: Brick Veneer, Wood/Composition, Wood Window(s), Storm Window(s)
Floors/ Ceilings: Part Hardwood, Tile, Vinyl/Luxury Vinyl Floor, Smooth Ceiling, Textured Ceiling
Interior: All Window Treatments, Walk-In Closet(s), Pull Down Attic Stairs, Attic Access, Cat/Dog Free House, Security System, Smoke Detector(s)
Interior Equipment: Range/Oven, Refrigerator, Cable Wired, Cable Available
Living/ Dining Room: Separate Dining Room, Separate Den, Pantry, Washer/Dryer Connections, W/D Connection in Kitchen, Vinyl/Luxury Vinyl Floor
Lot: Some Trees, Level, Landscaped
Master Bath: Separate Shower, Smooth Ceiling, Tile Floor
Master Bedroom: Level 1,Walk-In Closet, Smooth Ceiling, Hardwood Floor
Parking/ Storage: Driveway/Pad
Security: yes
Total Rooms: 7
Water/ Sewer: Gas Water Heater, Public Water, Public Sewer
Room Sizes
Primary Bedroom: 13x12
Bedroom 2: 12x11
Bedroom 3: 11x11
Dining Area: 10x10
Den/ Great Room: 15x11
Kitchen: 10x9
Bonus Room: 12x10
Listed By / Shown By
Listed By
Agency Name: STIXNBRIX
Shown By
Agent Name: Pat Nelms
Agent Phone: (901) 826-6920
Agency Title: Crye-Leike Real Estate Services
Source: MAAR MLS
Estimate Your Payment
Estimated Payment
$ 299.30 per month $264.62 Principal & Interest $0.00 Property Tax (data not provided by mls) $34.68 Homeowner's InsuranceChange Payment Information
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1309 Semmes St | MLS# 10209318
This single family home located at 1309 Semmes St, Memphis, TN 38111 is currently listed for sale with an asking price of $118,900. This property was built in 1951 and has 3 bedrooms and 2 full baths. Semmes St is located in the CHEROKEE subdivision. Search CHEROKEE real estate on patricianelms.crye-leike.com today.