1382 MARY JANE AVE Memphis, TN $ 122,200
1382 MARY JANE AVE
$ 122,200
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1382 MARY JANE AVE

Memphis, TN, 38116
$ 122,200
Bedrooms3 Baths1.0 Sq 1,145

Monthly Estimate*

$ 752

1382 MARY JANE AVE, Memphis, TN 38116 - Image 1
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1382 MARY JANE AVE, Memphis, TN 38116 - Image 8

Single Family Home for sale in Memphis, TN

for $122,200 with 3 bedrooms and 1 full bath. This 1,145 square foot home was built in 1964 on a lot size of 0.26.

Turnkey investment opportunity with tenant in place paying $1,175/month ($14,100 annually), providing immediate cash flow. Estimated monthly cash flow of $200.99 with a projected 6.51% cash-on-cash return. Professionally managed 3BR/1BA home featuring hard surface flooring throughout, fresh interior paint, bright living area, modern kitchen with shaker cabinets, central heat and air, and a spacious fully fenced backyard. Conveniently located near schools, shopping, and major transit routes, supporting strong tenant demand and long-term rental stability. Professionally managed. No wholesalers, assignments, or creative financing! DO NOT APPROACH OR DISTURB TENANTS. No showings without an accepted offer. Financials available upon request. Currently leased at $1,175/month through 03/31/2028.

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Single Family Active

Price

$ 122,200

Bedrooms

3

Full Bath

1

Property Type

Single Family

Taxes

$ 1,065

Style

Traditional

Lot Size

0.26

Year Built

1964

Town/City

Memphis

County/Region

Shelby

MLS | Web ID

10197568

Features
General
Heating Central
Cooling Central
Status Active Active
Full Baths 1
Half Baths 0
Legal Subdivision Name EASON HILLS BLK A
Style Traditional
Stories Count 1
County Shelby
Class Residential
Type Detached Single Family
Area 768C Whitehaven/Southland Mall
Parcel Number 079123 00023
Sale/Rent For Sale
Status Detail 0
Year Built 1964
Directions Continue to Macon Rd 9 sec (69 ft) ? Take N Germantown Pkwy Walnut Grove Rd I-240 W Airways Blvd and E Holmes Rd to Cresser St 33 min (23.4 mi) ? Continue on Cresser St. Drive to Bannock St 1 min (
City Memphis
DOM 208
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Interior
Living Room Separate Dining Room
Beds 3
Total Baths 1
Number of Rooms 3
Heated SqFt 1000-1199
Downstairs Bedrooms 3
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Exterior
Pool None
Lot 2
Lot Size Area 0.26
Lot Size 85X130
Lot Description Level
Misc. Exterior Other (See REMARKS)
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* Excluded Features
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Foundation Property Management

Broker

Affordability Calculator

$841
Per Month
89%
11%
0%
Monthly Principal & Interest
$752
Monthly Property Taxes
$89
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
4/2/2026$122,200 Listed Price

Map


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1382 MARY JANE AVE, Memphis, TN, 38116 is a Single Family Home for sale at $122,200 with 1,145 sqft and a lot size of 0.26. 1382 MARY JANE AVE has 3 bedrooms, 1.0 baths, and was built in 1964. The property's zip code is 38116 which is in Memphis, TN