$69,000

1540 S HIGHLAND ST, Memphis, TN 38111

2 beds |
1 bath |
876 sqft

Single-Family Home
Built in 1948
0.27acre lot
—— car garage
$79/sqft
Listed 22 hours ago

Property Description

Awesome chance to get a value-add rental in Orange Mound! House needs cosmetic repairs but is in pretty good shape and should be easy to get rent ready or you can easily add a bedroom/bathroom and make it s 3/2 for great Sec. 8 rents for years to come! Flooring is in decent shape, house can be converted to central heat and air for best rents! Roof is newer, 3D architectural shingle, nice lot with few trees near home. Get it rent-ready as it is and get a tenant for $800-850 or add-on and rehab the house for Sec. 8 to pay $1200-1300! Property is available for showing, have your Agent schedule today! NO seller-financing or assignable contracts will be reviewed by Seller. Seller is selling as-is, where-is and will not complete repairs prior to closing.

Listing Status:: Active
Date Added:: November 6, 2025 at 12:00AM
Listing Office:: Memphis Metro Realty : 901-352-6200
MLS ID:: 10209209

Rooms: 5
Flooring: TileVinyl/Luxury Vinyl Floor
A/C: Other (See REMARKS)
Heating: GasWall Unit

General: Wood/CompositionWrought Iron Security Drs
Style: Traditional
Pool: None
Parking: Driveway/Pad

Roofing: Composition Shingles
General: 1Conventional

County: Getwell/Park

Zoning: 058026 00059

Water: Public WaterPublic Sewer
Sewer: Public WaterPublic Sewer

This listing courtesy of Memphis Metro Realty

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

Ready to Start a VA Loan?

Get Started

NMLS #1907 ^†

Get Prequalified »

Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Schools Nearby

Sharpe Elementary School

3431 Sharpe Ave, Memphis, TN, 38111

Grades PK-5

0.26 miles away

Sherwood Middle School

3480 Rhodes Ave, Memphis, TN, 38111

Grades 6-8

0.72 miles away

Melrose High School

2870 Deadrick Ave, Memphis, TN, 38114

Grades 9-12

1.64 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.