1428 SMYTHE AVE Memphis, TN $ 80,000
1428 SMYTHE AVE
$ 80,000
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1428 SMYTHE AVE

Memphis, TN, 38114
$ 80,000
Bedrooms2 Baths1.0 Sq 744

Monthly Estimate*

$ 493

1428 SMYTHE AVE, Memphis, TN 38114 - Image 1
1428 SMYTHE AVE, Memphis, TN 38114 - Image 2
1428 SMYTHE AVE, Memphis, TN 38114 - Image 3
1428 SMYTHE AVE, Memphis, TN 38114 - Image 4
1428 SMYTHE AVE, Memphis, TN 38114 - Image 5
1428 SMYTHE AVE, Memphis, TN 38114 - Image 6
1428 SMYTHE AVE, Memphis, TN 38114 - Image 7

Single Family Home for sale in Memphis, TN

for $80,000 with 2 bedrooms and 1 full bath. This 744 square foot home was built in 1950 on a lot size of 5.93.

Turnkey investment opportunity with tenant in place paying $865/month through 8/16/2026, generating $10,380 in annual gross rental income. Estimated monthly cash flow of $163.63 with a projected 7.41% cash-on-cash return. Professionally managed and performing asset ideal for buy-and-hold investors seeking immediate income. OWNER FINANCING AVAILABLE! This well-maintained 2-bedroom, 1-bath property at 1428 Smythe Avenue features major capital improvements including a 2-year-old roof, furnace, and water heater, helping minimize future maintenance expenses. Additional features include original hardwood floors, ceiling fans, window coverings, laundry hookups, ample kitchen cabinet and counter space, and a functional layout attractive to long-term tenants. No wholesalers, assignments! TENANTED PROPERTY: DO NOT APPROACH OR DISTURB TENANTS. NO SHOWINGS WITHOUT AN ACCEPTED OFFER. Financials available upon request.

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Single Family Active

Price

$ 80,000

Bedrooms

2

Full Bath

1

Property Type

Single Family

Taxes

$ 521

Style

Traditional

Lot Size

5.93

Year Built

1950

Town/City

Memphis

County/Region

Shelby

MLS | Web ID

10196660

Features
General
Heating Central
Cooling Central
Status Active Active
Full Baths 1
Half Baths 0
Legal Subdivision Name CHERRY PARK CONDOMINIUMS
Style Traditional
Stories Count 1
County Shelby
Class Residential
Type Detached Single Family
Area 757F Pendleton/Park
Unit Number 58
Parcel Number 059050 00043
Sale/Rent For Sale
Status Detail 0
Year Built 1950
Directions From Kimball Ave head South to Alamo St then turn right to Smythe Ave. The house is on the left.
City Memphis
DOM 378
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Interior
Living Room Separate Dining Room
Beds 2
Total Baths 1
Number of Rooms 2
Heated SqFt 600-799
Downstairs Bedrooms 2
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Exterior
Pool None
Lot UNIT 58
Lot Size Area 5.93
Lot Size 4456
Lot Description Level
Misc. Exterior Other (See REMARKS)
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* Excluded Features
List By
Foundation Property Management

Broker

Affordability Calculator

$536
Per Month
92%
8%
0%
Monthly Principal & Interest
$493
Monthly Property Taxes
$43
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
460623 Elementary School
460624 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
12/10/2025$80,000 -5.88% Price Down
5/16/2025$85,000 Listed Price

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1428 SMYTHE AVE, Memphis, TN, 38114 is a Single Family Home for sale at $80,000 with 744 sqft and a lot size of 5.93. 1428 SMYTHE AVE has 2 bedrooms, 1.0 baths, and was built in 1950. The property's zip code is 38114 which is in Memphis, TN