$121,000

449 FERNWOOD AVE, Memphis, TN 38106

5 beds |
2 baths |
2,235 sqft

Single-Family Home
Built in 1950
6,098sqft lot
—— car garage
$54/sqft
Listed 6 months ago

Property Description

INVESTORY ONLY! Tenant occupied and professionally managed home. This could be a great addition to your investment portfolio. Currently rent for $1470/mo with a $1395 deposit on file. Lease ends 3/31/26. Large home. Many homes in this area are being rehabbed and sold for more money. Lease, ledger, and payment/repair history are available upon request. Do not approach or disturb tenant. No showings without an accepted offer. No wholesalers, no assignment, no seller finance or creative finance. Seller is also has 1675 Haywood & 3245 Sinclair (can buy these houses in bulk or individually).

Listing Status:: Active
Date Added:: April 15, 2025 at 12:00AM
Listing Office:: Crye-Leike, Inc., REALTORS : 901-756-8900
MLS ID:: 10194334

Rooms: 9
Flooring: Part Carpet
A/C: Central
Heating: Central

General: Brick VeneerOther (See REMARKS)
Style: Traditional
Pool: None
Parking: Other (See REMARKS)Parking spaces: 0

General: 1

County: South Memphis/61 Hwy

Zoning: 049015 00004

This listing courtesy of Crye-Leike, Inc., REALTORS

Monthly Payment

$Est. Payment

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

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Location

Schools Nearby

Alton Elementary School

2020 Alton Ave, Memphis, TN, 38106

Grades PK-5

0.28 miles away

Riverview School

241 Majuba Ave, Memphis, TN, 38109

Grades PK-8

1.31 miles away

Carver College and Career Academy

1591 Pennsylvania St, Memphis, TN, 38109

Grades 3-12

1.36 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.