1284 ROYAL OAKS CV, Memphis, TN 38116
1284 ROYAL OAKS CV, Memphis, TN 38116
1284 ROYAL OAKS CV, Memphis, TN 38116
1284 ROYAL OAKS CV, Memphis, TN 38116
1284 ROYAL OAKS CV, Memphis, TN 38116
1284 ROYAL OAKS CV, Memphis, TN 38116
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$ 130,000
Est. payment | /mo

3 Beds

2 Baths

3,049 Sqft Lot


Save
$ 130,000
Est. payment | /mo
Save

3 Beds

2 Baths

3,049 Sqft Lot

Key Details

Property Type Townhouse

Sub Type Attached Single Family

Listing Status Pending

Purchase Type For Sale

Subdivision The Hills

MLS Listing ID 10225834

Style Traditional

Bedrooms 3

Full Baths 2

Year Built 1973

Annual Tax Amount $1,527

Lot Size 3,049 Sqft

Property Sub-Type Attached Single Family

Property Description

Professionally managed investment opportunity generating immediate cash flow! This tenant-occupied property is ideal for out-of-state investors seeking a stable, low-maintenance asset in the Memphis market. The home is currently leased at $1,200 per month, with the rent increasing to $1,250 beginning January 2027, and the existing lease runs through January 21, 2028, providing reliable income and minimizing vacancy risk. With professional property management already in place, a long-term tenant, and built-in rental growth, this is an excellent opportunity to add a cash-flowing asset to your portfolio with a seamless ownership transition. Please do not disturb the residents.

Location

State TN

County Shelby

Area Whitehaven/Graceland

Rooms

Master Bedroom 20x18

Dining Room 6x8

Kitchen Separate Living Room

Interior

Heating Central

Cooling Central

Flooring Part Carpet, Tile

Fireplaces Number 1

Exterior

Exterior Feature Brick Veneer

Parking Features Driveway/Pad

Pool None

Private Pool Yes

Building

Lot Description Level

Story 2

Others

Miscellaneous Wrought Iron Security Drs

Listed by Bradley Puckett • CB Properties of Memphis, LLC

Nearby Locations

Brittan Robbins

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(901) 494-6401

brobbins0502@gmail.com

7121 Regal Lane, Ste 215, Knoxville, TN, 37918

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1284 ROYAL OAKS CV