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Listing provided courtesy of eXp RealtyMLS# 10224242MLS Provider
  • 12 days on site
  • 0 views

Investor opportunity with tenant already in place! This well-maintained, professionally managed 3BD/1BA single-family home is generating $1,050/month with a lease secured through 12/31/2026 — immediate cash flow from day one with no vacancy risk. Located in the Historic Vollintine Evergreen neighborhood, this solid home has been consistently cared for without the need for major capital investment upfront. Value-add potential through cosmetic updates or rent optimization at lease renewal. Conveniently located near I-240, Downtown Memphis, and Midtown amenities, keeping demand strong from Memphis's steady renter pool. Do not disturb tenant. Showings by appointment only with accepted offer and proof of funds. Sold AS-IS. Buyer to verify all information. Photos reflect pre-tenancy condition. Property is currently tenant-occupied.

Source: Memphis MLS, MLS#: 10224242

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  • Property Type
    Residential
  • Lot
    0.14 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 923 GARLAND ST

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
6/18/2026Source: Memphis MLS Added to Database
June 18, 2026