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988 MICHAEL CV Memphis, TN $ 79,000
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$ 79,000 Get more info
988 MICHAEL CV
$ 79,000
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988 MICHAEL CV

Memphis, TN, 38116
$ 79,000
Bedrooms3 Baths1.1 Sq 1,366

Monthly Estimate*

$ 486

988 MICHAEL CV, Memphis, TN 38116 - Image 1

Single Family Home for sale in Memphis, TN

for $79,000 with 3 bedrooms and 1 full bath, 1 half bath. This 1,366 square foot home was built in 1951 on a lot size of 0.57.

Opportunity knocks with this income-producing property priced well below market value due to the repairs and updates needed. Being sold AS IS this 3-bedroom, 1.5-bath home already has a long-term tenant in place, offering immediate cash flow from day one. Currently rented at $950/month, the tenant has occupied the property since March 2015 and is currently on a month-to-month lease with a strong rental payment history. With some improvements and vision, this property could be a solid investment.

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Single Family Active

Price

$ 79,000

Bedrooms

3

Full Bath

1

Half Bath

1

Property Type

Single Family

Taxes

$ 1,539

Style

Traditional

Lot Size

0.57

Year Built

1951

Town/City

Memphis

County/Region

Shelby

MLS | Web ID

10217921
Features
General
Heating Central
Cooling Central
Roof Composition Shingles
Fireplaces 1
Status Active Active
Full Baths 1
Half Baths 1
Legal Subdivision Name LACEY MOSBYS WHITEHAVEN PARK 1ST ADDN
Style Traditional
Stories Count 1
County Shelby
Class Residential
Type Detached Single Family
Area 763F Whitehaven/Graves
Parcel Number 077030 00020
Sale/Rent For Sale
Status Detail 0
Year Built 1951
Directions From Elvis Presley Blvd go W.on Raines Rd.Then head N.on Michael Rd. and left onto Michael Cv.
City Memphis
DOM 35
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Interior
Dining Room 12x8
Living Room Separate Living Room Separate Dining Room
Beds 3
Total Baths 1.1
Number of Rooms 7
Downstairs Bedrooms 3
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Exterior
Pool None
Lot 102
Lot Size Area 0.57
Water & Sewer Public Water Public Sewer
Lot Size 52X193
Lot Description Some Trees Level
Misc. Exterior Wrought Iron Security Drs
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* Excluded Features
List By
4 Success Realty, Llc

Broker

Affordability Calculator

$615
Per Month
79%
21%
0%
Monthly Principal & Interest
$486
Monthly Property Taxes
$128
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
See complete school information
Pricing History
DatePricePrice ChangeDescription
5/6/2026$79,000 -12.22% Price Down
3/28/2026$90,000 Listed Price

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988 MICHAEL CV, Memphis, TN, 38116 is a Single Family Home for sale at $79,000 with 1,366 sqft and a lot size of 0.57. 988 MICHAEL CV has 3 bedrooms, 1.1 baths, and was built in 1951. The property's zip code is 38116 which is in Memphis, TN

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