1531 Netherwood Ave Memphis, TN 38106

PRICED AT $149,900

Listing Details

  • $149,900
  • MLS# 10195316
  • Type Residential - Single Family
  • Status Active
  • 3 Bedrooms
  • 1 full Bathrooms
  • 0.160 acres Lot Size
  • 1912 Year Built

Description

ATTENTION INVESTORS!! Turnkey, income-producing asset with a secured long-term tenant in place. Leased at $1,195/month through 3/31/2028, delivering consistent cash flow of $160.87/month and a 4.49% cash-on-cash return. Financials available upon request. Major capital improvements include a new 30-year architectural roof, double-pane aluminum windows, 2024 water heater, updated kitchen with new countertops and fixtures, and a renovated bathroom with new tub and subway tile surround. Additional upgrades include fresh interior/exterior paint, new lighting, and durable hard surface flooring throughout. Fully renovated and professionally managed,...read more

Features

  • Central
  • Central
  • Built in 1912
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Gallery

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 06/01/2026. The listing information on this page last changed on 06/01/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Mon 06/01/2026 12:12:43 AM EST) or GAMLS (last updated Sun 05/31/2026 11:15:04 PM EST) or CARMLS (last updated Mon 06/01/2026 12:05:19 AM EST) or RCAR MLS (last updated Mon 06/01/2026 12:07:10 AM EST) or MAAR MLS (last updated Mon 06/01/2026 12:07:18 AM EST) or FMLS (last updated Sun 05/31/2026 11:43:30 PM EST) or East Tennessee REALTORS (last updated Mon 06/01/2026 12:04:39 AM EST) or RealTracs (last updated Mon 06/01/2026 12:05:33 AM EST) or Arkansas CARMLS (last updated Sun 05/31/2026 11:26:45 PM EST) or GSMAR MLS (last updated Sun 05/31/2026 9:14:56 PM EST) or Baldwin County MLS (last updated Mon 06/01/2026 12:11:10 AM EST) or Tennesse Virginia MLS (last updated Sun 05/31/2026 11:55:11 PM EST) or Emerald Coast MLS (last updated Mon 06/01/2026 12:05:18 AM EST) or Northeast Oklahoma Real Estate (last updated Sun 05/31/2026 11:24:06 PM EST) or Southern Kentucky MLS (last updated Sun 05/31/2026 9:54:45 PM EST) or SOMO MLS (last updated Sun 05/31/2026 11:58:20 PM EST) or North Georgia MLS (last updated Sun 05/31/2026 10:47:17 PM EST) or Golden Triangle MLS (last updated Mon 06/01/2026 12:06:09 AM EST) or MLS United (last updated Mon 06/01/2026 12:06:12 AM EST) or Lakeway MLS (last updated Mon 06/01/2026 12:11:52 AM EST) or Batesville MLS (last updated Sun 05/31/2026 11:59:59 PM EST) or North Central Mississippi MLS (last updated Sun 05/31/2026 9:33:03 PM EST) or Hot Springs MLS (last updated Sun 05/31/2026 8:27:59 PM EST) or Huntsville/Valley MLS (last updated Sun 05/31/2026 10:58:01 PM EST) or Shoals MLS (last updated Sun 05/31/2026 8:31:29 PM EST) or Tupelo MLS (last updated Sun 05/31/2026 11:38:11 PM EST) or NEAKBOR MLS (last updated Sun 05/31/2026 11:10:44 PM EST) or EAKBOR MLS (last updated Mon 06/01/2026 12:03:06 AM EST) or CWTAR MLS (last updated Mon 06/01/2026 12:11:52 AM EST) or NWAKBOR MLS (last updated Mon 06/01/2026 12:09:15 AM EST) or Upper Cumberland MLS (last updated Sun 05/31/2026 11:59:40 PM EST) or Hattiesburg MLS (last updated Sun 05/31/2026 10:59:13 PM EST) or Puerto Rico MLS (last updated Mon 06/01/2026 12:05:07 AM EST). Real estate listings held by brokerage firms other than Crye-Leike Real Estate Services may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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All Property Features

  • Property Type: Residential - Single Family
  • Bed and Bath: All Bedrooms Down, Other (See Remarks)
  • Cooling: Central
  • Days on Site: 95
  • Exterior: Porch, Other (See REMARKS)
  • Exterior/ Windows: Brick Veneer, Other (See Remarks)
  • Floors/ Ceilings: Other (See REMARKS), Vinyl/Luxury Vinyl Floor
  • Heating: Central
  • Home Style: Traditional
  • Lot Description: Some Trees
  • Lot Size: 0.16 Acres
  • Parking/ Storage: Driveway/Pad
  • Total Rooms: 7
  • Year Built: 1912