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Listing provided courtesy of Evernest Too, LLCMLS# 10219670MLS Provider
  • 71 days on site
  • 0 views

Investor Opportunity & Turnkey Rental with Long-Term Tenant Located at 1472 E Holmes Rd, Memphis, TN, this income-producing property is a solid addition to any rental portfolio. Currently generating $1,185/month in rent, this home offers immediate cash flow with a reliable tenant in place for over 10 years—a rare and valuable advantage for investors seeking stability. This property minimizes vacancy risk and startup costs, making it ideal for both seasoned investors and those looking to expand their holdings with a proven performer. The long-term occupancy reflects tenant satisfaction and consistent payment history, adding confidence to your investment. Highlights: ?? Steady rental income: $1,185/month ?? Established tenant of 10+ years ?? Turnkey investment & start earning from day one ?? Convenient Memphis location with strong rental demand Whether you're building your portfolio or looking for a dependable, low-maintenance asset, this property checks all the boxes.

Source: Memphis MLS, MLS#: 10219670

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  • Property Type
    Residential
  • Lot
    0.27 acres

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Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 1472 E HOLMES RD

Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
5/15/2026Source: Memphis MLS Price Reduction
$139,000 -6.7%
4/30/2026Source: Memphis MLS Price Reduction
$149,000 -3.9%
4/20/2026Source: Memphis MLS Added to Database
April 20, 2026